The courts have been busy this year, handing down several key decisions which have affected the structured finance landscape. Among them are Omnicare, Ace Securities and Madden. In the grand tradition of the Golden Turkey...more
11/4/2015
/ Appeals ,
Banking Sector ,
Breach of Warranty ,
Midland Funding ,
Omnicare v Laborers District Council ,
Registration Statement ,
Securities Act of 1933 ,
Securitization ,
Statute of Limitations ,
Stock Repurchases ,
Structured Finance ,
Usury
In Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, 575 U. S. ____ (2015), the Supreme Court clarified issuer liability under §11 of the Securities Act. Section 11 provides that issuers are...more