US Bank Beats $100M Suit Over Role As CDO Trustee

By Jon Hill · April 3, 2024, 5:48 PM EDT

A New York federal judge has freed U.S. Bank from a more than $100 million conflict-of-interest lawsuit brought by a group of mortgage-backed CDOs, which accused the bank of obstructing their...

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Documents

Case Information

Case Title

Triaxx Prime CDO 2006-1 Ltd. et al v. U.S. Bank National Association

Case Number

1:21-cv-11019

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

December 22, 2021