Replies to post #315917 on Mr Cooper Group Inc (COOP)

[sidedraft]

never asked for a list of assets

I believe she has asked, in so many words, three times. But she has never required BR to comply.

[Civil War General]

Walrath was constrained by Bankruptcy Rules
She must accept the Debtor's pleadings and the Debtors choices of who to make deals with at face value. The Debtor remains in control until he loses control.
No reading between the lines by the Judge to find what maybe or might be different than the Debtors representations to the Court. That would be the job of a Party in Interest,such as the US Trustee or such as Equity.
But wait, Equity was to be cancelled and only became possible with Walrath's ruling on the merits allowing Equity to have a voice that is PAID for by the Estate. Win, Lose or Draw, Susman will be paid and we, as Equity stockholders, are not receiving legal invoices every month, the Estate is. If we win, then we got representation, very excellent representation, essentially for free. There will be way more money available for us than Susman cost the Estate. If we lose, we only lose our stock, there will be no legal bill to pay in addition to the loss. If you cannot afford to lose it all, then you have over invested in this stock and need more diversity. (p.s. we will win big)

The good Judge must play by the Bankruptcy rules or she will quickly be removed and someone else will then control our destiny. These rules are codified in law and defined by Appellate Court decisions. Our existence is proof to me that Judge Mary is doing her best, within the rules, to help us.
If you don't understand these rules, then use your brain and learn something new.

[tradeawait]

ND9 I agree with you,
BR remarks: BLAH BLAH BLAH Whatever you choose, lets not delay this.(When he has been delaying this for the longest)
All Hedgefunds: It will delay us.
I think the Sarg was outnumbered.
I hope we have enough to make those bastards pay.

[Lawrence 147]

Your list of arguments only goes to confirm my assertion that the judge gave it her best shot at getting the parties to come together. Don’t think for a moment I agree or even consider what she has done to be Fair and Reasonable as a matter of fact I see a great deal of her action as borderline criminal and an affront to the American way. She is just a clubby as the rest of the Banksters but what she can not do is subject her case to a review that could get her a sanction or rebuke upon the review it will need for the Debtors to exit bankruptcy.

[sf]

given the parameters the judge has had to navigate,(behind the scenes pressure from fed etc) to keep all as stable as possible while negotiations are taking place,i think she is doing great. she could've flushed shareholders long ago but saw there was equity enough for all. remember...you have to keep the donor on life support to harvest the organs....in our case the $$$$$$. you have to give her credit for keeping us alive even with rosens games!

[CoyoteWild]

NDT,

You got it right. The HJMFW is no more than a school teacher in class full of bullies out of control. I cant even hear her saying "Class now play nice"

She is a judge that has been conditioned to believe it is alright to let corporations run amuck. She is part of the problem. Who cares if she has let this ride out tell something material happens to her fair and resonable desire. She has had to let the EC do what they requested to keep us happy until it comes to the end and I can hear it now.

"Well we have allowed all the discovery we could allow, We have given the EC plenty of time to present their findings. Now BR, son let it rip with POR 6.5 and let us wrap this up. Good job Brian see ya next week at our next BK hearing"

Oh JPM AND FDIC your in good hands.

WINK WINK, NOD NOD

CW