Replies to post #332721 on Mr Cooper Group Inc (COOP)

[uzualsuzpect]

EDIT - Even if the debtor has been found to fail their fiduciary duty? Allow the HF's to wheel and deal with material info? And allow the HF's to wheel the deal?I'm hoping <aahemm> THJMFW has some sense about her.

• Global Settlement intact

See, that's the biggie. I want that GSA to just explode.

[mordicai]

This is an equity court. The GSA was negotiated in bad faith. Unfortunately for ROzen, the mere removal of the hedge funds as a party to the GSA does not undo the fact that every term therein is a result of the hedge funds unethical, if not illegal, goal to benefit at the expense of equity stakeholders. No reasonable person could think that the exact same terms would have developed had equity been at the negotiating table... so how can any of the gsa terms stand? Each and every term has been tainted as a result of hedge fund behavior. The ec has made a very strong case that the hedge funds had a fiduciary duty to equity stakeholder. Because of that, I think the whole gsa gets thrown out. JMHO

[jhdf51]

Horsies busted yet GSA remaining in tact? She would be a simple Judge to me...not an honorable one. GSA was negotiated in bad faith...should be killed off but I feel she doesn't have what it takes to make that happen.