Replies to post #255934 on Mr Cooper Group Inc (COOP)

[fixedops]

That says alot imo...

[cents2ks]

so they admit these is not an accurate valuation on the table here....
Absolutely blanking outrageous

[SlyOne]

the Debtors submit that any additional disclosure poses risks that could undermine and adversely affect the Debtors’ litigation strategy (to the detriment of the Debtors’ estates) if the Global Settlement Agreement and Sixth Amended Plan are not approved by the Court.

The only time losing is mentioned by my count.

A very circular agruement.

[fsshon]

You're kidding right, approve the plan, because if you make us reveal our litigation strategy, it will not be good for the estate. what !!!

These guys are beyond approach, I can not wait until THJMW puts the "smack down" on their No CEO needed because we are not gonna be in business in 6 months plan..That is not the definition of reorganization in Bankruptcy. That is the definition of Chapter 7 Liquidation.


She has been given every reason to reject this plan, she needs to make a point they are using her court as a liquidation tool, only to not be in the same business on the way out and disclosing it in front of her.

Where is that motion to convert to Chap 7?

That would be what is next after the plan is rejected.

~Don~

[ETO-Castle]

LOL...

Why didn't they say..."Well, we didn't put it in there because it would be bad for us"

Thats like the scene from Liar Liar..

[rainbow1111]

It seems to me that the Debtor's litigation strategy is clear. That is, we (Debtor's) have agreed not to litigate against our friends. It's the holiday season and we will give away the bank. Oh, that's right, we already did give away the bank.

While we are at it, we'll forgive everyone involved in the demise of WMI, also in the spirit of the holiday season. We didn't mean it when we said in our initial filings that JPM, FDIC, etc. royally screwed us and stole our company. At that time we wanted blood. Now all is well and Peace to all and all is forgiven.

Love to the world
Signed,
WMI.

"(i) To the extent that the Debtors’ valuation of assets to be transferred pursuant to the Glabal Settlement Agreement is not disclosed in the Sixth Amended Disclosure Statement, the Debtors submit that any additional disclosure poses risks that could undermine and adversely affect the Debtors’ litigation strategy (to the detriment of the Debtors’ estates) if the Global Settlement Agreement and Sixth Amended Plan are not approved by the Court.”

[Jestiron]

This statement undermines the entirety of the BK system and is laughable! IMO

You said:

They answered why no 3.1a or equivalent of assets, etc:

"(i) To the extent that the Debtors’ valuation of assets to be transferred pursuant to the Glabal Settlement Agreement is not disclosed in the Sixth Amended Disclosure Statement, the Debtors submit that any additional disclosure poses risks that could undermine and adversely affect the Debtors’ litigation strategy (to the detriment of the Debtors’ estates) if the Global Settlement Agreement and Sixth Amended Plan are not approved by the Court.”