Replies to post #569778 on Mr Cooper Group Inc (COOP)

[Split T]

LG, The stipulation was executed by QUINN EMANUEL URQUHART and SULLIVAN, LLP and COUSINS CHIPMAN & BROWN, LLP, Co Councils to the WMI Liquidating Trust. Gibson, Dunn and Crutcher represented the claimant.

I believe numbers 7, 8, 9, and 10 of the Signed Stipulation will sink their boat and leave them wide open for damages.

7. This Stipulation is subject to the approval of the Court and shall be of no force and effect unless and until it is approved.

8. Each person who executes this Stipulation represents that he or she is duly authorized to execute this Stipulation on behalf of the respective Parties hereto and that each such Party has full knowledge and has consented to this Stipulation.

9. This Stipulation shall be binding upon and inure to the benefit of WMILT, Claimants, and their respective successors and assigns. This Stipulation may not be modified other than by a signed writing executed by the Parties hereto or by further order of the Court, This Stipulation may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same document.

10. The Court shall have sole and exclusive jurisdiction to hear disputes related to this Stipulation.

[go_wamu]

Rosen, who works with all tricks for years:
Since 10 years I read all documents addressed by Rosen to the BK court and it is striking how he used the same tactics to corner THJMW again and again.
Depending on the fact that he wants to have his views confirmed, he overwhelms the High Court with extensive documents (here 1852 pages) so that THJMW or the opponent are not able, but also not willing to read it carefully in existing time. While Rosen knows exactly the part his argument is aimed at, neither the judge nor the opponent will be able to respond to it exactly.
I just hope that THJMW has recognized that as well.
http://www.kccllc.net/wamu/document/0812229190412000000000002