May 9, 2013
FIRREA Flies
Law360 interviewed me about the federal government’s continuing reliance on FIRREA in Prosecutors Get Last Laugh In $1B BofA Fraud Case (behind a paywall): A controversial legal theory at the heart of a $1 billion mortgage fraud suit against Bank … Continue reading
May 9, 2013 in Upstream litigation by date | Permalink | No Comments
May 7, 2013
Reiss on FIRREA!
Law360 quoted me in a story, Rakoff Ruling In $1B BofA Case May Halt DOJ Hot Streak, that reflects some judicial skepticism about the federal government’s broad reading of FIRREA: Prosecutors have seized on an obscure 1989 law to launch … Continue reading
May 7, 2013 in Upstream litigation by date | Permalink | No Comments
April 24, 2013
Supreme Court of New York County Rules Against Credit Suisse’s Motion to Dismiss MBS Investor Suit
In Stichting Pensioenfonds ABP v. Credit Suisse Group AG, 2012 WL 6929336 (N.Y.Sup. Nov. 30, 2012), the Supreme Court in New York County ruled that the lawsuit against Credit Suisse related to sales of MBS would proceed. The court denied Credit Suisse’s motion … Continue reading
April 24, 2013 in Upstream litigation by date | Permalink | No Comments