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Representations and Warranties Breach of Contract Dismissals

Orrick - Finance 20/20

New York Supreme Court Dismisses ACE Action Re-Asserting Repurchase Claims against DB Structured Products

Orrick - Finance 20/20 on

On March 29, 2016, Justice Marcy Friedman of the New York Supreme Court rejected the trustee’s attempt to renew previously dismissed claims in ACE Securities v. DB Structured Products, Inc. As we previously reported, the...more

Orrick - Finance 20/20

New York’s Highest Court Affirms Dismissal of RMBS Suit Against DB Structured Products as Time-Barred

Orrick - Finance 20/20 on

On June 11, 2015, the New York Court of Appeals issued its decision in the closely-followed case of ACE Securities Corp., Home Equity Loan Trust, Series 2006-SL2 v. DB Structured Products, Inc. New York’s highest court...more

Orrick - Finance 20/20

Court Dismisses U.S. Bank’s RMBS Repurchase Claims Against Citigroup as Too Speculative

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On November 14, Judge George B. Daniels of the United States District Court for the Southern District of New York dismissed several of U.S. Bank’s repurchase claims against Citigroup Global Markets Realty Corp. U.S. Bank...more

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