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14 Jan 2016, 1:24 pm by Steven J. Fink
  Specifically, the Court found that FSAM’s agreement to deliver “all right, title and interest” in the RMBS to the Dexia Plaintiffs did not transfer the right to bring fraud claims. [read post]
11 Jan 2016, 3:17 pm by Elizabeth J. Elias
On January 4, DBRS published its methodology for rating European RMBS transactions. [read post]
11 Jan 2016, 9:09 am by James Fee
., and the Bank of New York Mellon in their capacities as trustees for a number of RMBS trusts. [read post]
11 Jan 2016, 9:05 am by James Fee
District Court for the Southern District of New York denied Bank of New York Mellon’s motion to dismiss RMBS claims regarding fourteen trusts and one indenture trust for lack of subject matter jurisdiction. [read post]
27 Dec 2015, 3:24 pm by Kevin
Starting next year 'wrong' maps of China will be subject to 200,000 RMB fines  (Shangaiist)    Stolen laptop cannot be recovered, GPS not exact  (KRMG)TECHNOLOGY PLATFORMSGNSSU.S., Norwegian Paths to Encrypted Galileo Service Open in 2016 (SpaceNews)Stolen laptop cannot be recovered, GPS not exact  (KRMG)UAVsDrone battle's next front: Your local government  (CNBC) State and Local Regulation of Unmanned Aircraft Systems (UAS)… [read post]
21 Dec 2015, 8:07 am by Michael Sugarman
On December 16, 2015, Fitch released updated EMEA RMBS Rating Criteria, which had no impact on existing ratings. [read post]
18 Dec 2015, 12:14 pm by Thomas Kidera
  In the settled claims – previously covered here and here – NCUA alleged that Morgan Stanley had materially misrepresented the collateral characteristics of RMBS it sold to the Credit Unions. [read post]
8 Dec 2015, 9:20 pm by Supreme People's Court Observer
 The SPC likely published typical/model family law cases in November (discussed in this  blogpost)  because pulling together those cases was part of the preparations for the Guangzhou conference; progress report and further plans on improving judicial assistance (separate but related to legal assistance), with the release  of the2014  multi-agency document (Central Political Legal Committee, SPC, SPP, Ministry of Finance, Ministry of Public Security, Ministry of Justice),… [read post]
3 Dec 2015, 12:14 am by Supreme People's Court Observer
For this reason, the SPC recently issued its first ruling on fraudulent litigation, imposing a penalty of 500,000 RMB on two Liaoning companies, to signal to lower court judges that they need to monitor case filings for indications of fraud. [read post]
24 Nov 2015, 7:45 am by Thomas Kidera
(acting as Trustee for RMBS Trust GSR 2007-OA1) against Quicken Loans, alleging that Quicken breached its obligation to repurchase mortgage loans that violated representations and warranties (“R&Ws”). [read post]
2 Nov 2015, 2:56 pm by Thomas Kidera
On October 27, 2015, Justice Eileen Bransten of the New York Supreme Court issued a Decision and Order granting in part and denying in part cross motions for summary judgment brought by Countrywide and Ambac in an RMBS action brought by Ambac against Countrywide. [read post]
27 Oct 2015, 2:11 pm by Katie Lieberg Stowe
  NCUA alleged in the actions (filed in New York, California, and Kansas federal courts) that the characteristics of the RMBS and the underlying loans were misrepresented in the offering documents. [read post]
26 Oct 2015, 3:11 pm by Sheppard Mullin
For instance, the penalty for a bribe of RMB 100,000 (USD 15,748.5) ranged from a ten year prison sentence to the death penalty. [read post]
26 Oct 2015, 3:11 pm by Sheppard Mullin
For instance, the penalty for a bribe of RMB 100,000 (USD 15,748.5) ranged from a ten year prison sentence to the death penalty. [read post]
26 Oct 2015, 3:11 pm by Sheppard Mullin
For instance, the penalty for a bribe of RMB 100,000 (USD 15,748.5) ranged from a ten year prison sentence to the death penalty. [read post]