Goldman Says Capmark Is Forum-Shopping In $147M Suit

Law360, New York (December 1, 2011, 8:10 PM EST) -- Goldman Sachs Group Inc. told a New York federal judge on Wednesday that newly reorganized mortgage lender Capmark Financial Group Inc.'s lawsuit seeking $147 million from it over alleged preferential transfers belongs in Delaware bankruptcy court, where the claims have already met with little enthusiasm.

Goldman argued in a filing to the judge that Capmark inappropriately brought the suit in federal district court in a "naked attempt to forum-shop, client-swap and obtain a second bite at the apple."

Plaintiffs in the preferential transfer suit are the...
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