News & Analysis as of

Residential Mortgage-Backed Securities Goldman Sachs Motion to Dismiss

Residential Mortgage-Backed Securities are financial instruments consisting of residential mortgages pooled together to form larger more complex financial commodities.
Orrick - Finance 20/20

Goldman Sachs’s Motion to Dismiss Mostly Denied in $73M RMBS Suit

On June 29, 2015, Justice Eileen Bransten of New York Supreme Court granted Goldman Sachs Group Inc.’s (“Goldman”) motion to dismiss a cause of action for negligent misrepresentation but denied Goldman’s motion to dismiss...more

Orrick - Finance 20/20

Goldman Sachs Motion to Dismiss RMBS Fraud Suit Granted in Part, Denied in Part

Orrick - Finance 20/20 on

On November 26, Justice Melvin Schweitzer of the New York Supreme Court granted in part and denied in part Goldman Sachs’s motion to dismiss a lawsuit brought by HSH Nordbank. Justice Schweitzer dismissed claims arising out...more

Orrick - Finance 20/20

Court Denies Goldman Sachs’s Motion to Dismiss RMBS Action Brought by Prudential

Orrick - Finance 20/20 on

On April 9, Judge Susan Wigenton of the U.S. District Court for the District of New Jersey denied Goldman Sachs’s motion to dismiss Prudential’s complaint alleging fraud in connection with the sale of $375 million in RMBS. ...more

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