Russell Koonin

Russell Koonin

Bilzin Sumberg Baena Price & Axelrod LLP

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Latest Publications


Lehman Reaching Beyond the Grave

As widely reported, in the latest Lehman bankruptcy “fundraiser,” managers of the Lehman estate are now demanding millions of dollars from non-profit retirement homes, colleges and hospitals. Lehman claims that it was somehow...more

5/22/2013 - Chapter 11 Derivatives Interest Rate Swaps Lehman Brothers

TBTF Servicing: Another Issue for Originators to Consider

As widely reported recently, close to 1.2 million borrowers (about 30% of the more than 3.9 million households that faced foreclosure proceedings by the 11 leading financial institutions in 2009 and 2010), had to battle...more

4/18/2013 - Borrowers Foreclosure Mortgage Loan Aggregators Mortgage Loan Originators Secondary Markets

DOJ Lawsuit Against S&P and McGraw Hill

Last week, the Department of Justice (DOJ) filed a civil suit in the Central District of California against Standard & Poor’s Financial Services (S&P) and its parent company McGraw-Hill. The suit alleges that S&P engaged in a...more

2/14/2013 - Collateralized Debt Obligations DOJ Fraud Investment Schemes McGraw Hill RMBS S&P

Zombie Title

Think your house has been foreclosed? Think again… As reported by Michelle Conlin at Reuters, when banks fail to follow through on foreclosure of homes, this has serious, often dramatic ramifications for the homeowner....more

1/16/2013 - Abandoned Property Foreclosure Mortgages Zombie Title

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