Sole Remedy, Standing Argued in Nomura RMBS Motions

, Commercial Litigation Insider


Counsel to a defendant depositor argued to a Manhattan judge Wednesday that the bank trust that purchased a bundle of securitized residential mortgage loans to later sell to investors is not entitled to damages for the alleged breach of those mortgage loan representations.

This premium content is reserved for American Lawyer subscribers.

Continue reading by getting started with a subscription.

Already a subscriber? Log in now

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article #1202627673257

Thank you!

This article's comments will be reviewed.