InvestorsHub Logo

jcromeenes

06/14/21 5:42 PM

#682935 RE: RickNagra #682934

Maybe take a step back from there and simply ask "Will the Supreme Court EVER rule on this?" LOL. Seems like forever. Get'er done!!!!!

imtheshadow

06/14/21 7:13 PM

#682945 RE: RickNagra #682934

I suppose that is possible ... though I'm not sure why they would wade into any one particular issue ... as that might not solve any particular legal principle (for cause termination, anti-injunction, etc.) ... it might also cause unintended contradictions ... and I realize my scenario is worse case, but the en banc dissenters keep me up at night ...

Donotunderstand

06/15/21 9:26 AM

#682992 RE: RickNagra #682934

Best I understand no plaintiff has asked for cancelling the SP shares

And - hard to see on what basis SCOTUS would say that F and F do not need to pay that back

Could SCOTUS cancel the NWS - which is then those dollars paid > 10% ?

Maybe - but again not lightly

Can they say

Courts can rule here - 4617 or whatever does not stop them
The NWS appears over reach by the conservator needing attention and remediation
That the amount of time that F and F have been in conservatorship seems long

Yes to the last three

So - summary is positive statements of direction and focus and remand

If we win