November 18, 2014
Carney, Epstein, Macey & Reiss on GSE Litigation
I was on an interesting panel today on the state of the Fannie/Freddie shareholder litigation. Judge Lamberth’s ruling in Perry Capital LLC v. Lew et al. was bad news for the plaintiffs in all of the shareholder suits. The panel … Continue reading
November 18, 2014 in Investor lawsuits | Permalink | No Comments
November 5, 2014
GSE Nationalization and Necessity
Nestor Davidson has posted Nationalization and Necessity: Takings and a Doctrine of Economic Emergency to SSRN. This essay will be of interest to those following the Fannie/Freddie shareholder litigation. The abstract reads, Serious economic crises have recurred with regularity throughout … Continue reading
November 5, 2014 in Investor lawsuits | Permalink | No Comments
October 1, 2014
Big Decision in GSE Litigation
Regular readers of this blog know that I have written a lot about the shareholder suits arising from the conservatorships of Fannie and Freddie. One of the main cases is being presided over by Judge Lamberth in the District Court … Continue reading
October 1, 2014 in Investor lawsuits | Permalink | No Comments
August 26, 2014
Regulating Fannie and Freddie With The Deal
Steven Davidoff Solomon and David T. Zaring have posted After the Deal: Fannie, Freddie and the Financial Crisis Aftermath to SSRN. The abstract reads, The dramatic events of the financial crisis led the government to respond with a new form … Continue reading
August 26, 2014 in Investor lawsuits | Permalink | No Comments
August 15, 2014
Here: Complaint in Louise Rafter et al. v. U.S.
Here is a copy of the Complaint in Louise Rafter et al. v. U.S., Pershing Square’s Takings case in the U.S. Court of Federal Claims. I will blog about it later, but thought that some might want to see it … Continue reading
August 15, 2014 in Investor lawsuits | Permalink | No Comments
August 5, 2014
Offering Opinions About MBS Exposure
The Tenth Circuit issued an opinion in MHC Mutual Conversion Fund, L.P. v. Sandler O’Neill & Partners, L.P. et al. (No. 13-1016 Aug. 1, 2014). The case concerns a 2009 stock offering by Bancorp. Bancorp was significantly exposed to mortgage-backed … Continue reading
August 5, 2014 in Investor lawsuits | Permalink | No Comments
July 18, 2014
GSE Shareholders Taking Discovery
Judge Sweeney of the Court of Federal Claims issued an Opinion and Order regarding jurisdictional discovery as well as a related Protective Order in the GSE Takings Case brought by Fairholme against the United States. I had previously discussed the … Continue reading
July 18, 2014 in Investor lawsuits | Permalink | No Comments
