September 12, 2014
A California federal judge on Thursday refused to reconsider claims brought by Royal Park Investments SA/NV against Bank of America Corp., part of multidistrict litigation over problems with $1.6 billion in mortgage-backed securities from Countrywide Financial Corp., finding the court had not ignored material facts.
August 11, 2014
In multidistrict litigation over mortgage-backed securities sold by Bank of America Corp., Royal Park Investments SA/NV asked a California federal court Friday to revive its claims against the bank over $1.6 billion in the allegedly toxic MBS, saying material facts were ignored when a judge dismissed the suit.
July 15, 2014
A California federal judge on Monday tossed Royal Park Investments SA/NV's suit against Bank of America Corp. that's part of multidistrict litigation over problems with $1.6 billion in mortgage-backed securities from Countrywide Financial Corp., saying Royal Park lacked standing to sue and its claims were untimely.