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Unjust Enrichment Rescission

Butler Snow LLP

Federal judge provides reminder that fraudulent mass tort litigation can carry criminal, as well as civil, consequences

Butler Snow LLP on

Recently, a Mississippi federal judge provided a heartening reminder that, while it may seem all too often ignored, fraud in the mass tort context can carry serious—indeed, criminal—consequences. As we discuss below, victims...more

Carlton Fields

Southern District of New York Rejects Claim That a Letter Threatening to Terminate a Reinsurance Agreement Terminated the...

Carlton Fields on

The Southern District of New York has concluded that an insurer’s threat to terminate a reinsurance agreement if the other insurer to the agreement did not comply with its obligations did not terminate the agreement or give...more

Orrick - Finance 20/20

CUNA Mutual Group Sues To Rescind RMBS Purchases

Orrick - Finance 20/20 on

On August 16, several affiliates of CUNA Mutual Group (CUNA) filed six separate lawsuits in the United States District Court for the Western District of Wisconsin, seeking to rescind their purchases of RMBS from six different...more

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