Replies to post #222689 on Mr Cooper Group Inc (COOP)

[Chiron]

I agree, it's time to stop playing games and get down to business. Hopefully that is what will happen tomorrow, although from past history it will probably be more in chambers meetings and then deferral to the 8/10 hearing...

[STRIKEEAGLE]

Agreed Ramirez!


Other options make no sense if there is not an acceptable settlement in the works.

Myself, I am hoping for another delay. That would mean (to me), talks of a settlement are being refined and THJMW will be outlining specific timelines for certain specific events to occur OR the result will be the appointment of an Examiner.

Very hard to believe JPM /FDIC and others are willing to risk the investigation of an Examiner.

19.5 hours and counting... soon!


AIMHO

[fsshon]

Very Good Requests Ram.. All we need is 1 of 2 things.

1. An examiner with "full investigation" orders

2. Susman discovery approval of JPM/FDIC.. He will go right to depositions. He is not the type to screw around for 6 months and bill the estate like Quinn did.

Jamie and Sheila will be first to be deposed, with reservation of rights to "call back" if needed.

Good Job Ram !!

How was school ???

~Don~

[trailblazin]

rramirez....if an examiner is appointed tomorrow (which is what I'm betting happens as I don't think settlement will happen at that point)....what does the law say? Can the parties legally settle w/in some timeframe prior to say any actual work actually being performed by an examiner/trustee? Or is this a case of....once examiner approved, full timeframe allowance for discovery must be given and no settlement options can be entertained until said discovery is complete?

BR digging his own grave at this point imo.....

[dianebRN]

I think you should apply to work for Susman when you graduate. You're a quick study!