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Weekly Brief: BoA Sued; SCOTUS Shortlists; Fund Fights Argentina

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Oct. 25 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the week's most important legal news. Bank of America was sued by the federal government for over $1 billion in damages on claims that the bank defrauded government sponsored entities, Fannie Mae and Freddie Mac. CNN Legal Analyst gives his predictions on potential resignations and nominations for the Supreme Court should Governor Mitt Romney or President Barack Obama win the upcoming presidential election. The show closes out with a look at a debt dispute involving See more +
Oct. 25 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the week's most important legal news. Bank of America was sued by the federal government for over $1 billion in damages on claims that the bank defrauded government sponsored entities, Fannie Mae and Freddie Mac. CNN Legal Analyst gives his predictions on potential resignations and nominations for the Supreme Court should Governor Mitt Romney or President Barack Obama win the upcoming presidential election. The show closes out with a look at a debt dispute involving a New York hedge fund and the nations of Argentina and Ghana. See less -

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Topics:  Antonin Scalia, Bank of America, Countrywide, Creditors, Fannie Mae, Freddie Mac, Hedge Funds, Ruth Bader Ginsberg, SCOTUS

Published In: Commercial Law & Contracts Updates, Election & Politics Law Updates, Finance & Banking Updates, International Law & Trade Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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