Mr Cooper Group Inc (COOP)

[philipmax]

Dr rugby, thanks for the quote. I consider myself pretty well acquainted with the English language. Yet, although, I carefully read Judge Block's decision, I must confess, it eludes my comprehension.
Yes, I get the point that the Anchor litigation survived the BK intact thru the prior transfer to JPM by the FDIC. But, this is where I lose the good Judge; if, as he decided, the Anchor Litigation survived the 2008 turmoil
intact, (he earlier referred to it as one of the Windsor cases), then, surely the LTWs play an important role in splitting the Award monies with JPM. Yet, the LTWs are never mentioned in his decision.
Even in Mary Walrath's final decree, (quoted on elsewhere on this Board),she acknowledges that, the "release" that she refers to, applies only to those electing to exchange their DIMEQ shares for WMHI stock (at a ratio of 8.4 DIMEQ for each WMHI). She was very clear to add that those NOT TENDERING their DIMEQ are free to seek equity from JPM. I understood even then, that JPM would not give up without a trial.
Let us all remember that Walrath's Court allowed the LTWs to be the subject of WMI's BK trial, even though, she very well knew that, at the time, JPM owned the Anchor Litigation outright, and that she therefore was holding a completely SHAM Court. She had no jurisdiction in dispensing with the rights of the LTWs. They were/are NOT assets belonging to the WAMU/WMI Estate.