February 13, 2015
Reiss on $1.5B S&P Settlement
Westlaw Journal Derivatives quoted me in S&P Settles Fraud Suits for $1.5 Billion. The story reads in part, Standard & Poor’s has agreed to pay $1.5 billion to settle lawsuits filed by the U.S. Department of Justice, 19 states and … Continue reading
February 13, 2015 in Upstream litigation | Permalink | No Comments
February 4, 2015
The GSE Litigation Footnote Everyone Is Talking About
Judge Pratt (S.D.Iowa) ruled against the plaintiffs in the GSE shareholderr litigation, Continental Western Insurance Company v. The FHFA et al. (4:14-cv-00042, Feb. 3, 2015). The Judge’s order is mostly an analysis of why this case should be dismissed because … Continue reading
February 4, 2015 in Upstream litigation | Permalink | No Comments
February 3, 2015
Reiss on Financial Crisis Litigation
Law360 quoted me in Feds’ Moody’s Probe Marks Closing Of Financial Crisis Book (behind a paywall). It opens, A reported investigation into Moody’s Investors Service’s ratings of residential mortgage-backed securities during the housing bubble era could be the beginning of … Continue reading
February 3, 2015 in Upstream litigation | Permalink | No Comments
January 29, 2015
Krimminger and Calabria on Conservatorships
By Michael Krimminger and Mark Calabria have shared The Conservatorships of Fannie Mae and Freddie Mac: Actions Violate HERA and Established Insolvency Principles. The paper opens, When the Federal Housing Finance Agency (“FHFA”) was appointed conservator for Fannie Mae and … Continue reading
January 29, 2015 in Upstream litigation | Permalink | No Comments
January 26, 2015
Are Billions Enough?
Jenner & Block has issued the Citi Monitorship First Report. By way of background, The Settlement Agreement resolved potential federal and state legal claims for violations of law in connection with the packaging, marketing, sale, structuring, arrangement, and issuance of … Continue reading
January 26, 2015 in Upstream litigation | Permalink | No Comments
January 2, 2015
Reiss on Real Estate Cases To Watch In 2015
Law360 quoted me in Real Estate Cases To Watch In 2015 (behind a paywall). It reads, in part, As the real estate deals market has heated up, so have litigation dockets. And several cases with national or regional importance for … Continue reading
January 2, 2015 in Upstream litigation | Permalink | No Comments
December 29, 2014
GSE Shareholder Litigation Issue
The NYU Journal of Law & Business has posted a special issue devoted to the GSE shareholder litigation. Here are the links for the the individual articles: The Government Takeover of Fannie Mae and Freddie Mac: Upending Capital Markets with … Continue reading
December 29, 2014 in Upstream litigation | Permalink | No Comments
