![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, June 11, 2013 11:40:35 PM
I also read that the actual conservatorship was by itself, without precedent. Meaning something like this, with the statutory terms and conditions of the conservatorship in place, has never been done before. Not allowing a path to any form of remediation?
No precedence. Bizzare path to court. Terms and conditions that in essence state you can't sue the Government (the whole Sovereign Immunity thing must have slipped Congress's mind if they felt they had to include such terms). That or the person drafting it was nervous about the legality and felt they needed to include some extra provisioning...
I have a feeling this one's going to go down in history. May see it moved to the Court of Appeals for the Federal Circuit and possibly beyond..
Lots of talk about Eminent Domain also, but I'm not sure that applies to this case. I'm not a legal expert but I think Eminent Domain has to do more with private ownership of land, and just compensation (5th amendment) that follows the seizure of it.
By the way for those who are interested: Washington Federal v. U.S., 13-cv-00385, U.S. Court of Federal Claims (Washington).
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM
Reliant Coffee Debuts at #271 on the Inc. 5000 List of Fastest Growing Companies - Coffee Service Industry Disruptor Brews Up Exponential Growth Sep 5, 2024 11:51 AM
VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal • VAYK • Sep 4, 2024 9:34 AM
Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • MFL • Sep 4, 2024 9:02 AM
Integrated Ventures Acquires 51% Stake In GetTrim.Com (TM), Telemedicine Platform With Focus On Expansion Into Booming GLP-1 Powered Weight Loss Market • INTV • Sep 4, 2024 8:45 AM
Avant Technologies Announces Strategic Review Process Intended to Maximize Shareholder Value • AVAI • Sep 4, 2024 8:00 AM