Browsing Category
Federal Law
15 posts
Them and Us: Former Deutsche Bank Trader’s 4 Year Sentence Tossed.
Before their convictions were overturned, Ahuja was sentenced to more than four years in prison and Shor, almost 3 1/2.
Second Circuit Drops Successors and Assigns Language – or Shoes – to Dismiss FHFA from Class Action
FHFA did not succeed to the interests of Freddie Mac until Sept. 2008, so it acquired no interest in Freddie Mac’s NovaStar bonds until then.
Prior Opinion Citing Law Firm’s Attorney Fees at $53 Per Hour Snubbed by Second Circuit to Pay Same Firm $1,557 Per Hour
U.S. Magistrate Judge Stewart Aaron of Manhattan had awarded $19,350 — or $750 per hour — after concluding $1,600 per hour was a windfall.
Lehman Brothers: The Court-ordered ADR Procedures have been Wildly Successful.
Lehman Brothers bankruptcy is the largest in U.S. history. It invested heavily in predatory mortgages just as housing prices started falling.
Who’s Betting Against The Bank In This Race to Foreclose?
Ahmed Zayat of Zayat Stables, which owned 2015 Triple Crown winner American Pharoah faces residential foreclosure in 2022.
Rewind 2008: HBSC Financial Crisis Settlement Claims Announced At the Start of 2022
Plaintiff claims HSBC Bank failed as trustee for about $2 billion worth of residential mortgage-backed securities trusts (RMBS).
Rewind 2008: Will the Federal Appellate Court Save Goldman Sachs from Financial Crisis
Goldman Sachs is running out of cards to play before it has to explain to a jury its role in the 2008 and 2009 financial crisis.
American Justice Awaits Prince Andrew And Another Potential Payday for Virginia Giuffre Seems Likely
Giuffre has initiated this baseless lawsuit against Prince Andrew to achieve another payday at his expense claims the Prince’s lawyer.
‘Nolle Prosequi’ Order Issued re Epstein Guards the Day After Maxwell Verdict
U.S. prosecutors decided to end their criminal case against two Manhattan jail guards who admitted to falsifying records.
Too Big to Fail Banks Still Fighting Over Predatory Loans Compensation, Despite The Greatest Theft
The real victims, the people who owned residential homes before the financial crisis of 2008 have never been financially compensated.
