$fnma #fanniegate
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…
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…
The Bhatti Plaiintiffs delivered their supplemental reply brief to the Eighth Circuit and a copy’s attached to this e-mail message. Shareholders and our government, clearly, don’t see eye-to-eye. The Eighth…
The Collins Plaintiffs filed a supplemental reply brief in the Fifth Circuit this week in support of their request for injunctive relief, and a copy’s attached to this e-mail message.
FHFA and Treasury delivered their supplemental briefs to the Eighth Circuit this wee, and copies are attached to this e-mail message. FHFA says because the U.S. Supreme Court refused to…