Rodney this case has nothing to do with the actions of a conservator or the SPSPA. It is all that remains of a failed legal strategy by Perry Capitol and Fairholme funds and all the other merged lawsuits that attacked the actions of the Conservator despite Congress saying you cant do that. The case is about common law contracts between the buyer and seller of share certificates. An intrinsic property of that contract is the implied good faith and dealings. Lamberth originally dismissed this claim due to HERA, but was overruled by the appeals court. HERA cannot override common law contract claims such as this. So this is all that remains. It is why I have proposed avoiding the Conservator from the beginning. There were plenty of statutory violations that should have been tested in Court, but never were. Now we are up against Statute of Limitations. I’m beginning to think it isn’t worth bringing suit given the totalitarian actions of the gov in the past 2-years culminating with events of the past few days. Time may be better spent learning revolutionary history around the world and events that leaded up to them and prepare yourself and loved ones accordingly. Time may have run out.
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