Washington Mutual Preferred fka WAMPQ

[mordicai]

Glad to see someone gets it. Everything Walrath stated is the judgment. True, we got the denial of the por. That is favorable. But we lost on very important issues. Think of the case where you sue somebody for personal injury for $1,000,000. You prevail, but the court or jury awards you just $10,000. You appeal (even though you won) because you believe the evidence established your damages to be $1,000,000. Its plain stupidity for anyone to assert that the ec doesn't have to appeal because we got denial of the por. And cross appeals can be very tricky. see. http://www.floridabar.org/divcom/jn/jnjournal01.nsf/Author/B205F332A7B6B42F85257178006023AA

And for those that don't know what Law of the Case means:

he Law of the case is a legal term of art that is applicable mainly in common law, or Anglo-American, jurisdictions that recognize the related doctrine of stare decisis. The phrase refers to instances where "rulings made by a trial court and not challenged on appeal become the law of the case." [1] "Unless the trial court's rulings were clearly in error or there has been an important change in circumstances, the Court's prior rulings must stand." [2] Usually the situation occurs when either a case is on appeal for the second time--e.g., if the reviewing court remanded the matter back to the trial court and the party appeals again, or the case was appealed to a higher appellate court—for example, from an appellate court to the highest court.

As generally used, the term law of the case designates the principle that if an appellate court has passed on a legal question and remanded the cause to the court below for further proceedings, the legal question thus determined by the appellate court will not be differently determined on a subsequent appeal in the same case where the facts remain the same.[3]

The doctrine provides that an appellate court’s determination on a legal issue is binding on both the trial court on remand and an appellate court on a subsequent appeal given the same case and substantially the same facts.[4]

Law of the case, however, is one of policy only and will be disregarded when compelling circumstances call for a redetermination of the determination of a point of law on prior appeal, and this is particularly true where an intervening or a contemporaneous change in law has occurred by overruling former decisions or the establishment of new precedent by controlling authority.[5]

The law of the case doctrine precludes reconsideration of a previously decided issue unless one of three "exceptional circumstances" exists: (1) when substantially different evidence is raised at a subsequent trial; (2) when a subsequent contrary view of the law is decided by the controlling authority; or (3) when a decision is clearly erroneous and would work a manifest injustice.[6]