This is just weird. The doc starts out as if it is Rosen, then shifts gears and states in Ph 3 to WMI is in Opposition to SJ. Who is he speaking for a) Rosen -himself, b)WEIL-lawyer of firm, c)WMI-lawyer working for WEIL's client WMI.
IMO:The inflated language is good news, means that PJS should comeup with higher numbers. Or, Already came up with higher numbers.
I was having concerns about this because in order to get current information on the company for valuation purposes PJS would have to talk to JPM or F' DIC receiver for book and records of WMB. Both, JPM/F' DIC would show in their best interest very low operating results, which would be expected. Maybe UST is giving PJS the real operating numbers.
I say Rosen's career at WEIL is limited, read over. He tried something and failed big, in the biggest case that WEIL will handle for a while-- Lehman being the other huge complex case.