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NY High Court Backs Credit Suisse Unit In RMBS Appeal

By Jon Hill (March 18, 2022, 10:11 PM EDT) -- New York's highest court has sided with a Credit Suisse subsidiary in its battle against an RMBS trustee's effort to hold it liable for millions of dollars in allegedly shoddy mortgage loans securitized before the 2008 financial crisis, slashing the trustee's potential recovery in the case....

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