News & Analysis as of

National Credit Union Administration Securities Act of 1933

Orrick - Finance 20/20

Ninth Circuit Revives RMBS Claims Against Nomura

Orrick - Finance 20/20 on

On August 15, 2016, the Ninth Circuit Court of Appeals vacated the Central District of California’s order dismissing claims brought by the National Credit Union Administration Board (“NCUA”), as liquidating agent of Western...more

Orrick - Finance 20/20

UBS Motion to Dismiss RMBS Suit Granted in Part

Orrick - Finance 20/20 on

On June 10, Judge Denise Cote of the U.S. District Court for the Southern District of New York granted in part and denied in part UBS’s motion to dismiss a lawsuit filed against it by the National Credit Union Administration,...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review - January 27, 2014

Lehman Court Finds Safe Harbors Protect Damage Calculation Provisions in Swap - Judge James M. Peck issued a significant opinion in the Lehman Brothers bankruptcy late last month, which preserved important safe...more

Orrick - Finance 20/20

Judge Dismisses Federal Securities Claims from NCUA Action Against Morgan Stanley

Orrick - Finance 20/20 on

On January 22, Judge Denise Cote of the U.S. District Court for the Southern District of New York trimmed claims from a lawsuit brought by the National Credit Union Administration Board, as liquidating agent for various...more

Orrick - Finance 20/20

NCUA Sues Multiple Banks for $2.4 Billion

Orrick - Finance 20/20 on

On September 23, the National Credit Union Administration (as liquidator for the Southwest Corporate Federal Credit Union and Members United Corporate Federal Credit Union), filed nine separate suits in the federal district...more

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