Monday, April 22, 2024 3:04:34 AM
It was a shadow appeal because, first, the judge didn't reply whether she can file 55 pages, breaking the page limitation.
Secondly, it wasn't related to a jury issue but whether claims travel with the shares that the judge already ruled positively on.
A motion 50(b) (28-day deadline after the judgment) must be a replica of the motion 50(a) for JMOL already submitted previously before the trial, with evidence that had to be submitted to the jury for deliberation. This is why 50(b) is called RENEWED motion for JMOL.
FHFA submitted an oral 50(a) motion, which would hinder the assertion that the same evidence was submitted later in the 50(b) motion with 55 pages.
This is why this 50(b) motion is more like a shadow appeal, although the formal appeal hasn't been submitted yet, with a deadline of 60 days after the judgment.
But, because the judge extended the deadline for filing the brief with the attorney's fees and costs, to 45 days (May 6th) instead of what is stated in the Rule (14 days), he also added that he reserves his discretion to change the deadline for the appeal, making this deadline May 6th, a brief that would be considered a date that resets the 60-day deadline for the appeal.
Quit playing the fool to fabricate court news 24/7 on this board.
You ask a question or post flawed information, expecting that someone will reply or you reply to yourself with your 30+ aliases on this board.
The court news are for the hedge funds, investment banks and Private Equity firms.
The retail investor is waiting for a swift administrative resolution with the announcement of the Separate Account plan.
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