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Business Litigation Bank of America

Orrick - Finance 20/20

Phoenix Light Sues Five RMBS Trustees Over $2.4 Billion in RMBS

Orrick - Finance 20/20 on

On December 23 and 24, Phoenix Light SF Limited and other RMBS certificateholders filed suit against HSBC, Wells Fargo, Deutsche Bank, Bank of New York Mellon, U.S. Bank, and Bank of America in the United States District...more

Orrick - Finance 20/20

Ambac Sues Countrywide For Alleged Fraud in Connection with $1.7 Billion in RMBS

Orrick - Finance 20/20 on

On December 27, Ambac Assurance Corporation filed a complaint against several Countrywide entities and Bank of America Corporation in New York state court, seeking to recover at least $600 million in damages in connection...more

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