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New York Intermediate Appellate Court Holds that Accrual Provision Does Not Save RMBS Trustee’s Time-Barred Putback Claim

USA - August 15 2016 On August 11, 2016, the First Department of the Appellate Division of the Supreme Court of the State of New York affirmed dismissal of an action…

Nicholas Anthony Poli.

New York Appellate Court Allows Fraud Claim to Proceed Against Morgan Stanley

USA - August 15 2016 On August 11, 2016, the First Department of the Appellate Division of the Supreme Court of the State of New York affirmed a trial court ruling that…

Nicholas Anthony Poli.

New York Appellate Court Reverse Lower Court, Allows RMBS Action to Proceed Against Morgan Stanley

USA - August 15 2016 On August 11, 2016, the First Department of the Appellate Division of the Supreme Court of the State of New York reversed the lower court, allowing…

Nicholas Anthony Poli.

WMC Settles $1 Billion RMBS Suit During Pendency Of Appeal

USA - August 15 2016 On August 9, 2016, RMBS trustee Deutsche Bank National Trust Company and WMC Mortgage, LLC, filed a joint motion to stay an appeal pending in the…

Nicholas Anthony Poli.

New York Court Dismisses Claims against EquiFirst and Barclays as Untimely

USA - August 2 2016 On July 25, 2016, Justice Marcy Friedman of the New York Supreme Court dismissed a $619 million suit brought by U.S. Bank in its capacity as Trustee…

Amelia J. Hochman.