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Wells Fargo Bank, National Association et al v. City of Richmond, California et al
Case Number:
3:13-cv-03663
Court:
Nature of Suit:
Judge:
Firms
Companies
- American Bankers Association
- Bay Area Legal Aid
- California Bankers Association
- Deutsche Bank AG
- Law Foundation of Silicon Valley
- SIFMA
- Structured Finance Association
- Wells Fargo & Co.
- Wilmington Trust Corp.
Sectors & Industries:
-
September 17, 2013
Wells Fargo, Others Lose Bid To Block Mortgage-Seizure Plan
A California federal judge Monday tossed a lawsuit filed against the city of Richmond by Wells Fargo Bank NA, Deutsche Bank AG and Bank of New York Mellon Corp., saying that the banks' challenge to the city's controversial eminent domain initiative was premature.
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September 12, 2013
Wells Fargo Suit Over City's Mortgage Seizure Plan On Brink
A California federal judge said Thursday he is inclined to dismiss a challenge by Wells Fargo Bank NA and Deutsche Bank AG to Richmond, Calif.'s controversial proposal to take underwater mortgages by eminent domain, saying he doesn't think he can rule unless Richmond's city council greenlights the plan.