Mr Cooper Group Inc (COOP)

[rramirez82]

SJ was already briefed and argued. I think we're due for a decision any day now but I don't know if there is an applicable local or federal rule that places a time constraint on Judge Walrath's time to issue a decision on the matter. I don't think there is but I could be wrong. If someone disagrees, please cite the applicable rule and I will take a look when I have a moment. My gut is telling me that she wants to deny the FDIC's motion to modify the automatic stay before she issues SJ - which she will likely do from the bench. The SJ could come at any time thereafter.

There is no reason for Judge Walrath to take her time in deciding WMI's Motion to Disband the Equity Committee. I think she will rule on that from the bench - and she will deny WMI's motion.

I should also add that if she denies the FDIC's motion to modify the automatic stay, grants WMI's motion for summary judgment, denies WMI's motion to disband the EC and grants WMI's motion for extended/3rd-party discovery under rule 2004, this weekend will be the most exciting weekend yet. I don't think I would sleep an ounce out of sheer anticipation of a potential settlement.