Rakoff’s Rejection of SEC Settlement with Citi Sends Stern Message to Wall...
Two days after the release of one of the most scathing judicial opinions in recent memory, the importance of federal Judge Jed Rakoff’s rejection of the SEC’s $285 million settlement with Citigroup is...
View ArticleMy Take On Newly Filed AG Foreclosure Settlement: As Bad As We Thought It Was
“They are who we THOUGHT they were — and we let ‘em off the hook!” This famous postgame rant from former Arizona Cardinals coach Denny Green after his team’s epic meltdown on Monday Night Football...
View ArticlePauley Stirs the Pot: Federal Judge Still Making an Impact as BofA Settlement...
On April 24, Judge Barbara Kapnick will hold a hearing in New York Supreme Court on whether Bank of American’s $8.5 billion settlement proposal should be evaluated under the restrictive Article 77...
View ArticleThe Top 5 RMBS Cases to Watch this Summer: No. 4 – Retirement Board v. Bank...
Yesterday, I kicked off a countdown of the top 5 RMBS cases to watch this summer with a post about Syncora v. EMC and the impending summary judgment decision on loss causation. Today, I’d like to talk...
View ArticleMortgage Lit Roundup: Five Signs That Plaintiffs Are Winning the RMBS War
A lot can happen in a few months. I’ve largely taken a break from blogging over the last quarter, as the demands of becoming a new father and joining a new law firm (see “Legal Practice” link in the...
View ArticleWho’s Watching the Watchmen? RMBS Trustees Come Under Fire as Investors...
“When one door closes, another door opens; but we so often look so long and regretfully upon the closed door, that we do not see the ones which open for us.” ― Alexander Graham Bell The face of RMBS...
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