What would happen were the $600 million lotto winner to redeem his/her winnings in lawful money? In fact, could not the suitors sum up our collective redemptions and permanently FORECLOSE on the entire FED SYSTEM, once the $300 million hard ceiling of US Notes is found to be breached?
There is one suitor with a claim similar to this. I will have to look again. The judge ignored his claim that he had been injured by purchasing a $10 US note at a coin shop as its value is pegged to the diminishing value of his FRN's he used to pay for it. But that is a start. I can develop that with knowledge. That is what the brain trust is about.

Quote Originally Posted by doug555 View Post
Great news! Thanks!!

After reading AGs and your comments again, perhaps the NaD had no legal effect because it was NOT acceptable per the Federal Rules of Evidence Exception to Hearsay Rule (FRE 803(6)(B))since it was just a letter outside the normal course of business, or possibly the NaD was already trumped by some non-endorsements on instruments already on record that did fit the exception to hearsay rule... and so then truly it had no legal effect because the demand was already on record!

Hmmmm... these attorneys are so clever and yet technically truthful at times...
Of course!! Since the bank was already on notice the subsequent NaD had no legal effect. That is very clever!