Replies to post #243235 on Mr Cooper Group Inc (COOP)

[clawmann]

OK. So you are saying that the reason why the judge held back issuing an opinion on the ownership of the $3.7 billion is because the litigants (WMI and JPMC) agreed to bundle that issue up, and incorporate it into, the entire proposed GSA. (If that is indeed the case, there might or might not be a specific reference to the issue in the proposed GSA.)

So the Examiner would have to look into the ownership of the $3.7 bil issue as part of his assessment of the fairness of the proposed GSA. And if the Examiner finds elelments of unfairness in the proposed GSA, the judge's ruling on the ownership of the $3.7 billion might then become necessary and, in that case, we would get her ruling.

I think I understand it now. So there is still a possibility we will never know what was in that opinion. But this depends on whether the EC's lawyers, using the examiner's findings, can successfully challenge the GSA.