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New Justice Department’s FIRREA cases against banks: holding the victim responsible
- Morvillo Abramowitz Grand Iason & Anello PC
- -
- USA
- -
- May 16 2013
The government's ever-evolving response to the United States financial crisis has come full circle, as civil Justice Department Attorneys seek to
With securities case dismissal, another loss in the southern district for LIBOR plaintiffs
- Edwards Wildman Palmer LLP
- -
- USA
- -
- May 15 2013
On Monday, Southern District of New York Judge Shira Scheindlin dismissed the entire suit in Gusinsky v. Barclays, without leave to amend and with
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
A second wind: government civil enforcement cases breathe life Into FIRREA
- Latham & Watkins LLP
- -
- USA
- -
- May 14 2013
In the wake of the financial crisis, the Department of Justice is increasingly turning to civil, rather than criminal, statutes to bring cases against
Second Circuit sides with CFPB in ILSFDA case while applying Auer deference
- BuckleySandler LLP
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- USA
- -
- May 13 2013
On May 6, the U.S. Court of Appeals for the Second Circuit agreed with the CFPB in holding that a single-story unit in a multi-story condominium is a
Second Circuit agrees to hear interlocutory appeal of key MBS litigation questions
- BuckleySandler LLP
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- USA
- -
- May 13 2013
On May 7, the U.S. Court of Appeals for the Second Circuit granted two petitions seeking interlocutory appeal of key questions related to pending
New York appellate court reinstates fraudulent inducement claim against Goldman and M&T Bank
- Orrick Herrington & Sutcliffe LLP
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- USA
- -
- May 13 2013
On May 7, New York's First Department appellate court reinstated CIFG Assurance North America, Inc.'s fraud claim against Goldman Sachs & Co. and M&T
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
Equitable tolling allowed in alleged scheme reinsuring private mortgage insurance
- Jorden Burt LLP
- -
- USA
- -
- May 13 2013
Plaintiff homeowners filed a putative class against Bank of America Corp. ("BOA"), Bank of America Reinsurance Corp. ("BOARC") and three primary
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