Mr Cooper Group Inc fka COOP

[Lawrence 147]

Except you are talking about corporations, remember a corporation is an individual, even subsidiaries’ when incorporated are individuals. Each are provided their individual constitutional rights.
Now then WMI was the married party in that it was WMI and all of the subsidiaries, couple of banks and a credit card division plus something like 75 other incorporated entities or the children.
Granted the divorce was forced by the State i.e. the FDIC but WMI wound up divorced, or legally separated from its assets at any rate. So fare none of the parties can agree one the division of the assets and that is what the bankruptcy court needs.
In this case the children are the assets and the bankruptcy court is just not set up to decide who gets the children. If you think about it in a divorce court it happens quickly if there are no children, why, because each party takes what they can and just leaves. In a divorce with children involved it gets ugly because they are an asset in that there is child support and who gets the house and the TV and who gets the bills. Well isn’t that where we are?