$FNMA #FANNIEGATE
Fairholme told the Federal Circuit yesterday it takes no position on the government's request to place its appeal on hold but encourages the court to hear all of the pending appeals on the same timetable. A copy of Fairholme's filing is attached to this e-mail message.
The government asked the Federal Circuit to place Owl Creek's appeal on hold and Owl Creek delivered its objection to that request to the Federal Circuit yesterday. A copy of Owl Creek's filing is attached to this e-mail message. Owl Creek explains that answers to the four questions before the U.S. Supreme Court in the Collins case won't resolve the cases pending before Chief Judge Sweeney, so the Court should deny the government's request.
Owl Creek also wants the deadline for it and other Jones Day clients to file their opening brief extended to Sept. 22, 2020.
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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.