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21 May 2018, 2:03 pm
“) are holders of certain securities issued by various RMBS trusts, and they sued Wilmington Trust, as Owner Trustee of the various trusts, for breach of contract and the implied covenant of good faith and fair dealing. [read post]
17 May 2010, 11:11 am
So, where is Secretary Geithner and what of the administration's reported push to free the reins upon the RMB? [read post]
16 Oct 2018, 7:45 am
Last week, the Foshan Intermediate People’s Court awarded RMB 10 million (nearly $1.5 million) in damages to the well-known British luxury goods brand Alfred Dunhill, finding Chinese copycat brand Danhuoli liable for trademark infringement and unfair competition. [read post]
18 Oct 2018, 12:22 pm
Corp.[1] MBIA, an insurer of RMBS trusts and a common plaintiff in this type of litigation, had sued Credit Suisse, the sponsor of the trusts. [read post]
15 Mar 2010, 7:04 am
To be fair, it is a Monday, which has never made the lives of news-seeking reporters easy, but the A1 story about China, suggesting that it uses WTO discipline to prevent other countries from excluding its exports, but gooses those exports by keeping the value of the RMB low - there is no international strength-of-currency discipline - is both wrong and trite, a rare accomplishment. [read post]
5 May 2008, 10:45 am
The first time I witnessed this in China (keep in mind I used to watch a lot of CNBC), was at an AMCHAM where you had three economists debate what was going to happen with the RMB.. and just how undervalued it was. [read post]
14 Jan 2019, 12:59 pm
In November the Dalian Intermediate People’s Court sentenced Schellenberg to 15 years in prison for smuggling drugs and confiscated personal property of RMB 150,000 for deportation. [read post]
16 Oct 2007, 7:33 am
Also according to the data from Chengdu tourism bureau and statistics bureau, by 18 hours of October 7, the city has received 4.929 million visitors and realized tourism revenue of RMB 2.302 billion during the Golden Week. [read post]
15 Apr 2009, 9:56 am
Schneider, Chinese utility model holder Chint completed its major victory over French competitor Schneider through an unprecedented $ 23 million settlement (RMB 157 million), approximately half the damages awarded two years ago by the Wenzhou Intermediate People's Court. [read post]
7 Dec 2021, 2:16 pm
31 Jan 2024, 8:31 am
19 Aug 2013, 2:29 pm
Syncora’s suit alleged $320 million in losses resulting from its insurance of an RMBS transaction underwritten by Bear Stearns and sponsored by EMC Mortgage, entities that J.P. [read post]
21 Nov 2014, 7:01 am
Bank alleged that Citigroup breached representations and warranties with respect to loans underlying $832 million of RMBS. [read post]
7 Mar 2016, 9:49 am
Woods of the United States District Court for the Southern District of New York issued an Opinion and Order denying in part and granting in part the Bank of New York Mellon’s (“BNYM”) motion to dismiss an action brought by Royal Park Investments SA/NV (“Royal Park”) claiming damages of $1.12 billion arising from failures by BNYM, in its capacity as trustee, to protect the interests of investors in certain RMBS trusts. [read post]
3 Sep 2013, 7:00 am
In its amended complaint, the FDIC alleged that the offering documents for eight RMBS certificates that Guaranty Bank purchased between July 2005 and April 2006 contained material misstatements in violation of Sections 11 and 12(a)(2) of the Securities Act of 1933 and Article 581-33 of the Texas Securities Act. [read post]
20 Mar 2015, 1:45 pm
In July 2011, NCUA sued RBS on behalf of WesCorp, a federal credit union, in order to recover billions of dollars for failed wholesale credit unions claiming investment banks misled them about the nature and quality of offered RMBS. [read post]
29 Oct 2012, 8:37 am
However, the Residential Mortgage Backed Securities Fraud Working Group ("RMBS Fraud Working Group") seeks to hold the major financial institutions accountable for the problems they have caused. [read post]
9 Oct 2018, 5:19 am
The customers in question were funds that invested in RMBS. [read post]
18 Apr 2024, 7:17 pm
(“Sennics”), granting them an award of RMB 201.54 million (around USD 27.86m) in a case against Chen Yonggang (“Chen”) and Yuncheng Jinteng Chemical Technology Co., Ltd. [read post]
18 Apr 2024, 7:17 pm
(“Sennics”), granting them an award of RMB 201.54 million (around USD 27.86m) in a case against Chen Yonggang (“Chen”) and Yuncheng Jinteng Chemical Technology Co., Ltd. [read post]
