June 15, 2015
AIG’s “Victory” and the GSE Litigation
Court of Federal Claims Judge Wheeler issued an Opinion and Order in Starr International Company, Inc. v. United States, No. 11-779C (June 15, 2015), the case that Hank Greenberg brought against the government over the terms of the bailout of … Continue reading
June 15, 2015 in Investor lawsuits | Permalink | No Comments
April 13, 2015
Monday’s Adjudication Roundup
Bankrupt Washington Mutual settles in class action suit for $10 million after duping plaintiffs into taking out mortgages with low “teaser rates.” Goldman Sachs asks NY Federal Judge not to certify class action suit over its Abacus collateralized debt obligation, … Continue reading
April 13, 2015 in Investor lawsuits | Permalink | No Comments
February 4, 2015
The GSE Litigation Footnote Everyone Is Talking About
Judge Pratt (S.D.Iowa) ruled against the plaintiffs in the GSE shareholderr litigation, Continental Western Insurance Company v. The FHFA et al. (4:14-cv-00042, Feb. 3, 2015). The Judge’s order is mostly an analysis of why this case should be dismissed because … Continue reading
February 4, 2015 in Investor lawsuits | Permalink | No Comments
January 29, 2015
Krimminger and Calabria on Conservatorships
By Michael Krimminger and Mark Calabria have shared The Conservatorships of Fannie Mae and Freddie Mac: Actions Violate HERA and Established Insolvency Principles. The paper opens, When the Federal Housing Finance Agency (“FHFA”) was appointed conservator for Fannie Mae and … Continue reading
January 29, 2015 in Investor lawsuits | Permalink | No Comments
January 2, 2015
Reiss on Real Estate Cases To Watch In 2015
Law360 quoted me in Real Estate Cases To Watch In 2015 (behind a paywall). It reads, in part, As the real estate deals market has heated up, so have litigation dockets. And several cases with national or regional importance for … Continue reading
January 2, 2015 in Investor lawsuits | Permalink | No Comments
December 29, 2014
GSE Shareholder Litigation Issue
The NYU Journal of Law & Business has posted a special issue devoted to the GSE shareholder litigation. Here are the links for the the individual articles: The Government Takeover of Fannie Mae and Freddie Mac: Upending Capital Markets with … Continue reading
December 29, 2014 in Investor lawsuits | Permalink | No Comments
December 3, 2014
Reiss on Shakespearean GSE Litigation
Fundweb quoted me in Stateside: My Kingdom for a House. It reads in part, History repeats itself. In 1483, Richard III seized the British crown from his 13-year-old nephew on a trumped up legal sophistry. One justification was to prevent … Continue reading
December 3, 2014 in Investor lawsuits | Permalink | No Comments
