Replies to post #225574 on Mr Cooper Group Inc (COOP)

[MicroKing]

10-4 that longhaul, nice post but I don't think commons will receive less than $8.00. My wag is 13.75 +. Everyone at the table needs to compromise. I agree with your assement of the chamber activities. People seem concerned about the examiner. I'm not, the UST has control and he will not drop the ball after fighting so hard for an examiner.

[Joshfm]

I think what the EC filed under seal was something that showed more assets or money was out there. Ilene said that the lawyer that was next to her was getting texts and one party was upset and saying that they should have held out for more. I doubt that would be the EC, as they seemed to be the only ones not on suicide watch after the meeting.

Another poster that was at the hearing said that he talked to a lawyer that was in chambers, and he said that the EC probably should have held out for more, but they decided to take what they could get.

I think the party that Ilene was referring to was WAHUQ. Like I said, if more money and assets were uncovered, they would be upset as they're getting a small % of the money. I think the chamber meeting was about the examiner, not a settlement, and the comment that the EC should have held out for more was a reference to the scope of the examination, as by 7/20 there was a virtual consensus about what the examiner would look into.

[dshngmike1978]

examiners work plan still needs to be approved at the AUG 10 on=mnibus from what I read and it needs to follow dual track with the PLAN process.
edit...IMO

[SlyOne]

Chambers....IMO

relisten to hearing.

The Chambers meeting was about discovery. JMW is tired of how this going without cooperation between parties.

EOM

[mehedi]

"BR and FDICK will try to dispute those numbers, but I believe they will fall on deaf ears."

I doubt ROSEY has any credibility opposing EC any longer.