Mr Cooper Group Inc fka COOP

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Tanja, check out page 4 http://www.sglawyers.com/wp-content/uploads/2015/04/233.pdf?lbisphpreq=1

"Asset Protection

As discussed above, by virtue of its structure as a single legal entity containing a number of individual ring-fenced separate series, the Series LLC offers asset protection and liability segregation though the use of a single LLC entity. The Series LLC also provides flexibility with respect to distributions because a series can make distributions to its members regardless of the financial condition or obligations of other series within the Series LLC, provided that, once such a distribution is made, the liabilities of that series do not exceed the fair value of its assets. Note, however, that Delaware law does appear to allow a distribution that would, in aggregate, render the Series LLC insolvent as long as the distributing series remains solvent.

Historically, if one wished to form a legal structure that would shield multiple assets owned by an organization or entity from the liabilities of other assets or entities within the organization or entity, one would have formed multiple traditional LLCs; each such traditional LLC would have its own member(s), assets, and so forth, and each LLC would be insulated from the other LLCs’ obligations, debts, liabilities, etc."