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Wednesday, September 29, 2021 7:53:44 PM
With two signatures, the minimum capital level required for release can match the amount of capital on hand at the time of release, WHENEVER THAT WILL BE. I'm guessing AFTER the dust has settled from all the litigation and each party knows what their positions are without legal doubt.
This as well is easily changed with 2 signatures.
True, it was in the "interests of the public it serves". In the Cedar Point Nursery case this Summer, the SCOTUS said that the California Labor Relations Board had the authority to force the Nursery to allow Union Farm Worker Organizers on their land for designated time intervals into perpetuity so they could try to establish a Union at the owners business on his property. That didn't stop the SCOTUS from remanding the case back to the Federal Court in the Eastern District of California to calculate damages to the private property owners.
"DECLARATORY JUDGMENT
It is hereby declared that the access regulation, California Code of Regulations, Title 8,
§ 20900(e), “appropriates a right to invade [plaintiffs’] property and therefore constitutes a per se
physical taking.” Cedar Point Nursery v. Hassid, 141 S. Ct. at 2072. Absent payment of just
compensation, § 20900(e) authorizes an unconstitutional taking in violation of the Fifth and
Fourteenth Amendments as applied to plaintiffs. Id. at 2074."
Cedar Point Nursery was yet another slam dunk by the Pacific Legal Foundation... https://pacificlegal.org/case/cedar-point-nursery-v-gould/
I think an important legal point here is often overlooked by likely the vast majority of equity investors in the twins and that is simply that a law may legally authorize the government to act, BUT THAT DOESN'T PRECLUDE FINANCIAL RECOVERY BY THE PLAINTIFFS FOR A TEMPORARY AND/OR PERMANENT TAKING BY UNCLE SUGGY!
Yes and that COULD happen! But I think any monetizing of the gubmints 'investment' will happen AFTER the dust settles from all the litigation and that could take awhile...
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