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Monday, March 13, 2023 3:26:02 PM
Wazee for Unjust Enrichment
Kelly is challenging the Conservatorship itself. I think Bryndon Fisher is also?
If an Admin Action is attempted - a new suit could be brought alleging that the FHFA is acting beyond congressional authority under HERA under the MQD which is being considered by SCOTUS.
Ackman and others could sue for Unjust Enrichment in the future if the UST tries to monetize its stake and potentially on MQD issues depending on how SCOTUS rules on the Student Loan cases.
Not sure if common shareholders could sue on minority right protections under Delaware and Virgina law after exit from Conservatorship.
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