HSBC Beats RMBS Trustee Suit On Champerty Grounds
By Jon Hill ( April 29, 2022, 8:12 PM EDT) -- A long-running lawsuit accusing HSBC's U.S. arm of failing to protect investors in pre-2008 residential mortgage-backed securitization trusts that it oversaw has become the latest such case against a bank to founder in New York federal court on champerty grounds....
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