$FNMA #FANNIEGATE
In response to FHFA's motion to substitute, Mr. Pagliara asks Judge Sleet to send his lawsuit requesting access to Fannie Mae's books and records back to the Delaware Chancery Court. Mr. Pagliara says removal of his lawsuit to federal court was improper and Judge Sleet lacks jurisdiction to do anything except send the case back to the Chancery Court. Copies of that motion and a memorandum in support of that request are attached to this e-mail message. Additionally, a declaration by one of Mr. Pagliara's Delaware lawyers is posted at http://bankrupt.com/misc/16-00193.0012.pdf or 16-00193-0012-1 because it's a large compilation of scanned documents. 16-00193-0010 16-00193-0011
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Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.