PMC Bancorp Fights Lehman's $2M Win At 9th Circ.

By Brandon Lowrey (May 6, 2015, 6:21 PM EDT) -- PMC Bancorp on Wednesday urged the Ninth Circuit to overturn Lehman Brothers Holdings Inc.'s $2.4 million win in a lawsuit over allegedly defective residential mortgage loans that PMC sold to Lehman, saying that Lehman is precluded from seeking damages on most of the defaulted loans because it made full credit bids on them....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!