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School Loan together with needed good declaratory view you to definitely Sallie Mae’s interpretation of the Unmarried Owner Signal is actually wrong

On the , University Mortgage submitted that it municipal step regarding East Region regarding Virginia, which possessed variety legislation pursuant to twenty eight You.S.C. § 1332(a)(1). School Loan’s very first issue so-called says to own breach out of deal up against Sallie Mae Upkeep; violation out-of fiduciary duty against Sallie Mae Repair, and helping and you can abetting including a breach resistant to the almost every other Sallie Mae defendants; conversion against Sallie Mae Servicing additionally the Student loan Income Relationship; tortious interference that have contractual interactions up against most of the Sallie Mae defendants; alongside states, also conspiracy, citation of Virginia Organization Conspiracy Statute, and you may violations out-of federal and state antitrust guidelines. The fresh new ailment alleged one Sallie Mae’s protection to these claims are one the strategies have been during the conformity towards Unmarried Proprietor Laws. Continue reading