Replies to post #701699 on Fannie Mae-No Politics (FNMA)

[Golfbum22]

Will GB finally be right??

settlement by Thanksgiving 2021 (I'd be willing to call him right if it even happens by year end-LOL)

only a few days left

LOL

not holding my breathe

LOL2

[Bostonsesco]

Back door settlement? What exactly was the basis of their suit? Did their suit actually have any merit?

[tutt1126]

There are two ways a lawsuit can be dismissed: with or without prejudice. A lawsuit that is dismissed with prejudice means the plaintiff is not allowed to bring another lawsuit concerning the same issue in the future.
https://legaldictionary.net/stipulation/#:~:text=A%20stipulation%20of%20dismissal%20is%20usually%20assumed%20to,together%20in%20order%20to%20reach%20a%20settlement%20agreement.



It showed that Arrowood and defendant's stipulated to the dismissal of action , without prejudice.

Question is why would they stipulated to the dismissal without prejudice if there is no settlement?
In other words, if there is no settlement then it would be better to stipulate with prejudice. Because it is no used in the future lawsuit.

[Donotunderstand]

WHAT was the case

WHAT was the settlement


ANYONE

my guess - nothing on the main line of importance ~!~

[clarencebeaks21]

Recall, Arrowood sued in the CAFC (fka Sweeney)& DC Circuit (Lamberth).

Glen posted recently that in the DC Circuit, Lamberth issued an order Nov 15 stating concerns about the DC plaintiffs' request to withdraw a class certification motion, in light of a stipulation by all parties to terms for the class action. In raising his eyebrow, Lamberth mentioned several court duties ... but ... he didn't elaborate on how they specifically apply there. So. Some guesswork on my part: Arrowood's requested and ordered voluntary dismissal (without prejudice) in the CAFC was already in the works prior to Nov 15 (as Plan B), and will be communicated over to Lamberth by Thanksgiving. Presumably this addresses Lambo's concern sufficiently, and the class certification procedure will resume there.

FWIW: FRCP state that if Arrowood's voluntary dismissal was its first such dismissal, Arrowood can simply refile there in the CAFC (1 free do-over).