Mr Cooper Group Inc (COOP)

[XOM]

Susman Godfrey May Billing:
http://www.kccllc.net/documents/0812229/0812229110621000000000012.pdf

Interesting to note: Aurelius was indeed not among the settling NHs, and was the target for a motion to compel all month. Also, there was interest re. claims against directors & officers, queries re. "gifting issues", and WMI/EC signed a "common interest agreement" on 25 May.

2 MAY ARD Meeting with client and B. Scheller re. possible settlement. Corresponding with experts re. expert reports. Corresponding with experts re. extent of available NOLs. 4.4 hrs

3 MAY SARGENT Preparing for deposition of Aurelius 12.6 hrs

3 MAY ARD Corresponding with experts re. valuation scenarios for WMMRC. Preparing for Aurelius deposition. 8.9 hrs

4 MAY SARGENT Preparing for and attending deposition of Aurelius. 12.0 hrs

4 MAY ARD Preparing for and attending deposition of Aurelius. 10.2 hrs

5 MAY SARGENT Conferring with trial team members re. settlement offer 1.0 hrs

6 MAY SARGENT Drafting motion to compel Aurelius to produce additional documents. 4.5 hrs

6 MAY SARGENT Conferring by phone with EC and counsel re. settlement and additional discovery. 1.5 hrs

6 MAY ARD Discussing various tax structures for proposed settlement with experts and committee. Researching insider trading law in connection with draft motion to Aurelius to compel production of documents. 2.9 hrs

9 MAY SARGENT Revising motion to compel Aurelius to produce documents. 5.8 hrs

10 MAY ARD Preparing for Appalloosa and Centerbridge depositions. 3.9 hrs

17 MAY SARGENT Conferring in office with ARD and WILLINGHAM re. settlement negotiations and discovery issues 2.1 hrs

17 MAY ARD Reviewing tax objections, change of ownership concerns and tax scenarios raised by equity holders in preparation for meeting with K ANDERSON from BDO 2.2 hrs

18 MAY SUSMAN Attending meeting of debtor and creditors at WGM. Conferring in office with SARGENT. Reviewing file. 4.0 hrs

18 MAY ARD Researching law on cram down and gifting in preparation for settlement meeting. 2.4 hrs

19 MAY ARD Responding to committee queries re litigation prospects outside settlement. 1.2 hrs

22 MAY SARGENT Conferring by phone and email with counsel for Centerbridge, Owl Creek, and Appaloosa re. settlement negotiations. 2.5 hrs

22 MAY ARD Researching gifting issues in context of current settlement and exhanging emails with equity committee counsel re. same. 3.1 hrs

25 MAY SARGENT Conferring with ARD re claims against Directors and Officers and insurance and researching factual and legal matters re. same. 4.5 hrs

25 MAY ARD Preparing for and attending meeting with debtors. creditors counsel and lawyers involved in directors and officers litigation. 3.9 hrs

25 MAY ARD Reviewing and signing common interest agreement with debtors. 0.5 hrs

31 MAY SARGENT Reviewing new term sheets provided by Settling Noteholders 2.0 hrs

31 MAY SARGENT Attending meeting at Weil Gotshal re. claims against directors and officers and structure of reorganized debtor.