January 23, 2014
U.S. Dismissive of Frannie Suits
The Federal Housing Finance Agency filed its motion to dismiss all the claims in Perry Capital v. Lew, D.D.C., No. 13-cv-01025, 1/17/14. I blogged about this case (and similar cases) when they were filed last summer. It is quite interesting … Continue reading
January 23, 2014 in Investor lawsuits | Permalink | No Comments
January 2, 2014
Reiss on Cases To Watch In 2014
Law360 quoted me in Real Estate Cases To Watch In 2014. The story reads in part, The real estate market’s recovery from the financial crisis of the past few years has created a host of new issues — from contract disputes … Continue reading
January 2, 2014 in Investor lawsuits | Permalink | No Comments
December 26, 2013
Battle of the Mortgage Experts
Judge Saris of the United States District Court (D. Mass.) issued a Memorandum and Order in Massachusetts Mutual Life Insurance Company v. Residential Funding Company, et al., No. 11-30035-PBS (Dec. 9, 2013). The opinion addresses a battle of statistical experts … Continue reading
December 26, 2013 in Investor lawsuits | Permalink | No Comments
December 20, 2013
More on Misrepresentation
NY Supreme Court Justice Schweitzer (NY County) issued a Decision and Order on a motion to dismiss in HSH Nordbank AG, et al., v. Goldman Sachs Group, Inc., et al., No. 652991/12 (Nov. 26, 2013) that builds on the NY … Continue reading
December 20, 2013 in Investor lawsuits | Permalink | No Comments
November 15, 2013
Reiss on Fannie and Freddie Buyout
Law360 quoted me in Fairholme Changes The Game For Fannie And Freddie (behind a paywall). It reads in part, Fairholme Capital Management LLC’s plan to buy Fannie Mae’s and Freddie Mac’s insurance businesses will likely turn out to be more … Continue reading
November 15, 2013 in Investor lawsuits | Permalink | No Comments
September 17, 2013
Moody Misrepresentation
Judge Daniels (SDNY) granted Moody’s motion for summary judgment in In re Moody’s Corporation Securities Litigation, No. 07 Civ. 8375 (Aug. 23, 2013). This is a big win for Moody’s, but I did find the following passage striking in its … Continue reading
September 17, 2013 in Investor lawsuits | Permalink | No Comments
August 27, 2013
Whither The Housing Trust Fund?
As part of my review of the litigation surrounding the newly-profitable Fannie And Freddie (here, here, here and here), I turn to the complaint filed by “extremely low income tenants in desperate need of affordable housing” and the National Low … Continue reading
August 27, 2013 in Investor lawsuits | Permalink | No Comments
