JPM Requested the Release for “Willful Misconduct”,
By the stakeholders of WMI as part of the GSA/Plan Settlement.
The Discovery Document proved JPM’s guilt as did also the “Willful Misconduct” Release request.
“Willful Misconduct” never needed a ruling from the Bench. The parties agreed to the settlement. “Willful Misconduct” settlements typically carry a monetary penalty.
2X would be reasonable.
No payment, No Release!
Tolling Agreements. Attorney Client Privilege. We will never see the agreements.