It still has to go to trial which has been stayed until the conclusion of the interlocutory appeal. From her statements in her court and her ruling denying the government's petition for dismissal of derivative claims, it's clear which way Judge Sweeney will be ruling. But she is crossing all her 't's and dotting all her 'i's. If the interlocutory appeal goes against the government relating to item 6, then, at that point, we can confidently say the conservatorship is over. And that's exactly what your original post stated:
"Correct, the only thing that matter now is CFC question 6 related to its decision to deny the motion to dismiss Petitioners’ derivative claims:
Quote: “Whether plaintiffs’ allegations that the FHFA entered into an implied-in-fact contract with the Enterprises to operate the conservatorships for shareholder benefit fail as a matter of law.”
If this question fails for defendant the conservatorship is over (What I expect as otherwise the old BOD needs to be interrogated)".
Thanks again ano for sharing your concise and well reasoned arguments.
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