Mr Cooper Group Inc (COOP)

[newflow]

Is JPM managing LT?

In JPM vs FDIC for idemnity claims of JPM against FDIC

JPM was seeking for this too

"15. The FDIC-Receiver also undertook to indemnify JPMC up to a limit of
$500 million for claims asserted directly or derivatively on behalf ofWMB's parent, Washington
Mutual Inc. ("WMf'), "based on the process of bidding, negotiation, execution and
consummation of the transaction contemplated by [the P&A Agreement.]" (ld. § 12.1(a)(9).) "

Why is JPM fighting for the Parent of WMB, WMI?