Saturday, September 11, 2021 12:13:10 PM
Regulatory? Sure, why not. I don't quite see why that part matters.
As for total versus partial, I definitely say partial because the share price didn't go all the way to zero (the drop in share price is the only way to quantify direct damages to shareholders) and the shares still trade.
Right, I'm ruling out 1A. As for 1B, the zero economic value is only a current state, not a permanent state. It would take a confluence of several events to get the economic value above zero, but it is possible.
From all the sources I can find, a takings award is based only on what the property owner lost (what the government later gains is irrelevant), and when those shares were publicly traded in open markets as FnF shares have been, the quantifiable loss by the property owner is just the drop in share price.
Whether or not the shares have economic value now or in the future doesn't actually factor into that.
Defendants can be held liable for the drop in share price in the USCFC cases and damages based on the implied covenant of good faith and fair dealing in the DC (Lamberth). I don't see how that's double jeopardy. Maybe the courts would have to coordinate, but I don't see that as preventing both lawsuits from continuing.
Not sure how to answer this, but the court coordination thing could apply here. I don't see how this conflict could be used to dismiss Lamberth's case outright, though, especially when the USCFC cases are nowhere close to conclusion. So if this is a concern, it's pretty far down the road.
No, because the plaintiffs in Lamberth's court are asking for money (among other things). I defer to their expertise here in that I don't think they would ask for this if they didn't think Lamberth's court had the power to grant it.
First question: yes, if you mean the Court of Appeals for the Federal Circuit.
Second question: none, when it comes to any of the existing cases. For a court to actually extinguish the shares, a plaintiff (which I guess would be the government) would have to file a case seeking that as relief. I don't see why they would do that.
FEATURED Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM