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fnams – ValuePlays https://www.valueplays.net A value investing site launched in Jan 2007 Mon, 28 Apr 2014 14:26:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Fairholme Wins Again In Court vs Treasury/FHFA https://www.valueplays.net/2014/04/04/fairholme-wins-court-vs-treasuryfhfa/ Fri, 04 Apr 2014 22:04:14 +0000 http://www.valueplays.net/?p=30221

 

Judge Sweeney today accepted as proposed Fairholmes discovery schedule vs Treasury/FHFA.

Discovery shall commence on Monday, April 7, 2014, and shall be completed by Thursday, July 31, 2014.

The gov’t had sought to both delay discovery and severely limit its scope, both arguments were rejected by the Judge..

We can expect ~10 depositions and 25 interrogatories to be served on various Treasury and FHFA officials starting next week as well as a massive document request. There will be a status conference every two weeks basically so the Judge can threaten and chastise the gov’t for their anticipated heel dragging and general lack of cooperation

This is gonna be sooooo good….

Fairholme Discovery Schedule

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