Structured Finance Litigation

We have successfully prosecuted and defended claims by and against sponsors and issuers of RMBS certificates and CDOs, trustees, mortgage originators, servicers and other parties to asset-backed securitizations.  These matters have involved alleged breaches of representations and warranties, put-back liability, “sole remedy” provisions, waterfall payments, trustee and certificateholder standing, no-action clauses, and issues arising in Article 78 proceedings.