Thornburg Trustee Ordered To Arbitrate $19M Goldman Suit

Law360, New York (April 23, 2012, 8:10 PM EDT) -- A Maryland federal judge on Thursday granted Goldman Sachs & Co.’s bid to compel Thornburg Mortgage Inc.'s liquidating trustee to arbitrate claims in his $19 million suit accusing the investment bank of contributing to the financial failure of the now-defunct mortgage lender.

U.S. District Judge Catherine C. Blake found that even though the second of two agreements between Goldman and Thornburg, now known as TMST Inc., did not contain an arbitration provision or refer to the arbitration clause in the first agreement, the arbitration agreement in...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Sher v. Goldman, Sachs & Co.


Case Number

1:11-cv-02796

Court

Maryland

Nature of Suit

Bankruptcy Withdrawl

Judge

Catherine C. Blake

Date Filed

September 29, 2011

Law Firms

Companies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.