BNY Mellon Loses 2nd Bid To Toss Commerzbank's RMBS Suit
By Jon Hill ( October 13, 2017, 4:01 PM EDT) -- A New York federal judge won't rethink his decision to give a green light to some of Commerzbank AG's claims in its suit over the Bank of New York Mellon's alleged bungling of duties to a slew of residential mortgage-backed securities trusts and a collateralized debt obligation, saying Thursday that he applied the right legal standard....
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