Phoenix Light SF Limited et al v. U.S. Bank National Association et al
Case Number:
1:14-cv-10116
Court:
Nature of Suit:
Judge:
Firms
- Barnes & Thornburg
- Clayman Rosenberg
- Hunton Andrews
- Jones Day
- Kane Kessler
- Korein Tillery
- Leichtman Law
- Munger Tolles
- Parness Law Firm
- Reid Collins
- Robins Kaplan
- Sidley Austin
- Wollmuth Maher
Companies
Sectors & Industries:
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May 15, 2020
US Bank Says Rehashed 'Champerty' Stance Won't Save Suit
Entities that recently lost to U.S. Bank on contract claims tied to residential mortgage-backed securities certificates can appeal the loss but can't just rehash their meritless arguments before a federal judge who has already rejected them, the bank said Thursday.
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April 16, 2020
Crisis-Era RMBS Investors Dispute US Bank's 'Champerty' Win
A set of eight investment vehicles claimed Wednesday that a New York federal judge misapplied controlling precedent when he allowed U.S. Bank NA to escape contract claims over pre-2008 residential mortgage-backed securities certificates.
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March 18, 2020
US Bank Beats Crisis-Era RMBS Suit With 'Champerty' Arg
U.S. Bank on Wednesday successfully defeated contract claims over pre-2008 residential mortgage-backed securities certificates with an argument that the entities suing it had obtained the right to do so with illegal intent.
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February 21, 2020
RMBS Investors Challenge US Bank's Early-Win Effort
A set of investment vehicles that bought more than $665 million worth of notes in residential mortgage-backed securities trusts overseen by US Bank told a New York federal judge on Thursday not to be swayed by the bank's recent attempt to dodge a breach of contract dispute.
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February 19, 2020
US Bank Says RMBS Claims Resolved By Nix Of Similar Suit
U.S. Bank told a New York federal judge on Wednesday that another judge in his district has fully dismissed a lawsuit "materially similar" to claims the bank is facing in his court over residential mortgage-backed securities trusts.
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October 26, 2018
BofA To Settle Out Of Investor Suit Over $665M RMBS Notes
Bank of America told a New York federal judge that it has tentatively settled breach-of-duty claims alleged by investment vehicles that bought notes worth more than $665 million in residential mortgage-backed securities trusts overseen by the bank and U.S. Bank.