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The Bank Of New York Mellon Trust Company, National Association, Trustee For The Registered Certificate Holders Of Morgan Stanley Capital I Inc. v. Morgan Stanley Mortgage Capital, Inc.
Case Number:
1:11-cv-00505
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March 21, 2017
BNY, Morgan Stanley End $81M Suit Over Mall Built On Dump
Morgan Stanley & Co. has paid Bank of New York Mellon Corp. an undisclosed sum to settle claims that it wrongly refused to buy back an $81 million commercial loan after retailers fled an Ohio shopping center built on a landfill because of methane problems, documents filed in New York federal court show.
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June 16, 2014
Morgan Stanley Escapes BNY Mellon's $81M Buyback Suit
A New York federal judge on Monday tossed a suit asking Morgan Stanley to buy back an $81 million mortgage loan it allegedly sold to investors despite hidden environmental risks, saying the loan servicer waited too long to serve notice of a contractual breach.
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June 20, 2013
BNY Mellon Can't Make Morgan Stanley Buy Back $81M Loan
A New York federal judge said Wednesday that Morgan Stanley did not have to buy back an $81 million mortgage loan it allegedly sold to investors despite hidden environmental risks, saying the lender was never served with a required notice.
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June 28, 2011
Morgan Stanley Can't Shake Suit Over $81M Loan
Morgan Stanley on Monday failed in its bid to have tossed a breach of contract suit in New York alleging it hid environmental risks associated with an $81 million mortgage loan the financial giant later sold to investors.