$FNMA #FANNIEGATE
The Sixth Circuit has requested the Rop Plaintiffs file their principal brief by Mon., Dec. 20, the government file its principal brief(s) by Wed., Jan. 19, and any reply brief…
The Sixth Circuit has requested the Rop Plaintiffs file their principal brief by Mon., Dec. 20, the government file its principal brief(s) by Wed., Jan. 19, and any reply brief…
The Montilla Plaintiffs are asking the U.S. Supreme Court to review the First Circuit’s decision and to consider if Fannie Mae, when in conservatorship, and FHFA, when acting as Fannie’s…
Owl Creek alerted the Federal Circuit to the Bhatti decision from the Eighth Circuit last month saying GSE shareholders have standing and hold direct claims. A copy of Owl Creek’s…
Owl Creek alerted the Federal Circuit late last week about a Sept. 20 Delaware Supreme Court decision in Brookfield v. Rosson reaffirming that claims unique to shareholders — to redress…
Fannie, Freddie, FHFA and the class plaintiffs presented Judge Lamberth with a stipulation this afternoon in which they agree, among other things, current shareholders are class members. A copy of…
Rop v. FHFA The Sixth Circuit Mediator advised the parties her office is no longer involved and appellate briefing should resume. A copy of the mediator’s letter memorializing this action…
The Kelly Plaintiffs advised the Court their case is related to Washington Federal’s and suggest it be reassigned to Judge Sweeney. A copy of that notice is attached to this…
The Eighth Circuit released a seven-page opinion today, and a copy’s attached to this e-mail message. The Eighth Circuit says Judge Schiltz erred in dismissing the Bhatti Plaintiffs’ suit, it…
Michael E. Kelly, CEO and sole common shareholder of FBOP Corporation (which owns nine banks) and River Capital Advisors, Inc., filed a complaint in the U.S. Court of Federal Claims…
The parties submitted their fourth status report to the Sixth Circuit’s Mediation Office last week. The mediator acknowledged receipt of the report and advised the parties “No further Status Reports…