Mr Cooper Group Inc (COOP)

[Evintos]

The remaining Court of Claims actions will be litigated in a trial currently expected to commence in February 2016.

The Trust and counsel to certain employee claimants have agreed to amend existing scheduling orders to provide that all outstanding discovery deadlines would be adjourned by an additional by six(6) months, with the “change in control” hearing to be held in September 2016.

Pursuant to the terms of the RSA, the parties agreed, among other things, that, of the $37 million that had been
required to be paid to the Trust pursuant tothe Settlement Agreement, $3 million would be placed into a segregated account (the “Reserve”) to be used to reimburse the Non-Settling Officers for the reasonable fees and expenses incurred by them in the defense of any action or investigation commenced prior to September 26, 2018 by the United States of America against one or more of the Non-Settling Officers asserting claims and causes of action under the Financial Institutional Reform, Recovery and Enforcement Act of 1989. Unless released sooner in accordance with the terms of the RSA, if no such action or investigation is commenced prior to each of September 25, 2015, September 26, 2016, September 26, 2017 or September 26, 2018, then $500,000 of the Reserve will be released to the Trust within three business days of each such date.

http://www.kccllc.net/wamu/document/0812229151029000000000001
The trust will be around for a long time. At least til 9/26/18