Mr Cooper Group Inc fka COOP

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1. Through the Objections, Griffin continues to cling to theories which have been
debunked or are inaccurate foundationally. A prime example of the latter is the assertion by Griffin
and other members of Class 19 that they are beneficiaries of the Trust, or, in Griffin’s words,
“Legacy Holders.” They are neither. As set forth in prior pleadings, in accordance with the Final
Decree, the only beneficiary of the Trust is a charity designated to receive the remaining limited
Trust assets—which assets are being whittled away due to Griffin’s actions. Secondly, there is no
such thing as a “Legacy Holder” and Griffin was never in possession of, or entitled to, Liquidating
Trust Interests. The escrow markers that were generated for the limited purpose of facilitating a
distribution of shares of the Reorganized Debtor’s common stock that were held in the so-called
“Disputed Equity Escrow” are not themselves rights to future distributions of Trust assets or
anything of value, nor were they ever. Such escrow markers were a tool; they did not have, and
do not have, any value in and of themselves. As such, Griffin’s premise for any ongoing interest
is once again faulty.
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http://www.kccllc.net/wamu/document/0812229210610000000000001