Monday’s Adjudication Roundup

  • HSBC facing suit for breaching its duties as trustee for 271 residential mortgage-backed securities trusts.
  • The US Supreme Court considered whether debtors should have an absolute right to appeal denial of proposed bankruptcy plan after three circuit courts have found that debtors can automatically can appeal, while in other jurisdictions, the bankruptcy judge must permit the appeal.
  • BNP Paribas Mortgage Corp. suit from 2009 regarding Bank of America‚Äôs mishandling of hundreds of millions of dollars of mortgage-backed notes issued by Taylor Bean & Whitaker Mortgage Corp. finally settles.