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Results: 1-10 of 180

New York State Court allows trustee lawsuit against DB Structured Products to proceed

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 20 2013

On May 13, Justice Kornreich of the Supreme Court of the State of New York denied DB Structured Products, Inc.'s (DBSP) motion to dismiss an RMBS

New York State Court dismisses RMBS putback action against Nomura as time-barred

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 20 2013

On May 10, Justice Sherwood of the Supreme Court of the State of New York dismissed on statute of limitations grounds an RMBS putback action brought

Where there’s smoke, there’s FIRREA

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 14 2013

Few can ignite a legal firestorm like U.S. District Judge Jed Rakoff of the Southern District of New York. Last week, in a mortgage fraud suit

Assured and UBS agree to settle RMBS litigation for $358 million

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 13 2013

On May 6, monoline insurer Assured Guaranty Ltd. announced a $358 million settlement with UBS and its affiliates stemming from losses on residential

District Court denies banks' motions to dismiss litigation concerning role of MBS trustees

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 13 2013

On May 6, Judge Katherine Forrest of the United States District Court for the Southern District of New York denied Bank of America and U.S. Bank's

District Court denies Countrywide's motion to dismiss AIG suit

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 13 2013

On May 6, Judge Mariana Pfaelzer of the United States District Court for the Central District of California allowed American International Group, Inc

NY Appellate Court holds CIFG and Syncora lack standing in $1.8 billion MBS suit

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • April 29 2013

On April 25, the First Department of the Appellate Division of the New York Supreme Court affirmed an order barring monoline insurers CIFG and

District Court grants J.P. Morgan's motion for summary judgment against Dexia in RMBS suit

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • April 8 2013

On April 2, Judge Jed Rakoff of the United States District Court for the Southern District of New York largely granted J.P. Morgan's motion for

District Court dismisses with prejudice Loreley CDO lawsuit

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • April 8 2013

On March 28, Judge Richard Sullivan of the United States District Court for the Southern District of New York dismissed with prejudice a suit by five

Monoline insurer assured sues RBS in connection with $1.15 billion RMBS securitization

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • April 2 2013

On March 26, Assured Guaranty Municipal Corp. sued RBS Securities in the United States District Court for the Southern District of New York for fraud

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