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New York Court Dismisses Repurchase Claims Against UBS as Untimely

USA - August 5 2016 On July 27, 2016, Justice Marcy Friedman of the New York Supreme Court for New York County, in accordance with other recent decisions (covered here…

New York Appellate Court Holds Repurchase Demand Analysis Is Not Protected Work Product

USA - June 27 2016 On June 23, 2016, the First Department of the Appellate Division of the Supreme Court of the State of New York decided an appeal in an action brought…

Steven J. Fink, Nicholas Anthony Poli.

RMBS Suit to Proceed Against Morgan Stanley

USA - June 27 2016 On June 16, 2016, Justice Marcy S. Friedman of the Supreme Court of the State of New York largely denied Morgan Stanley’s motion to dismiss a breach…

Steven J. Fink, Nicholas Anthony Poli.

FDIC Settles RMBS Litigation for $190 Million with U.S. Financial Institutions

USA - June 6 2016 On May 26, 2016, the FDIC reached a $190 million settlement of RMBS claims against eight financial institutions, including Barclays Capital Inc…

Samantha Hope Scheller, Darren S. Teshima.

Supreme Court Issues Two Decisions That Limit Access to Federal Courts

USA - May 18 2016 On May 16, 2016, the United States Supreme Court handed down two decisions that may, in practice, limit the ability to access federal district courts…

Jason M. Halper, Robert Loeb, Paul F. Rugani, Marc R. Shapiro, Robert Stern.