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ABS Update

ABS Updates are brief notes on developing events relating to structured finance litigation

First Department Endorses Sampling in Connection with Put-Back Actions
ABS Update / Put-Back Actions / Sampling

First Department Endorses Sampling in Connection with Put-Back Actions

The First Department issued a decision in Ambac Assur. Corp. v Countrywide Home Loans Inc., 2020 NY Slip Op 00367 (January 16, 2020), endorsing sampling in litigation relating to RMBS repurchase demands. Continue reading First Department Endorses Sampling in Connection with Put-Back Actions

Recent Posts

  • First Department Issues Latest Guidance on Notice Relating to Put-Back Claims
  • Court Upholds RMBS Failure to Notify Claims
  • First Department Clarifies Limits of Champerty Claims
  • Assignment of Claims Regarding Defaulted Bonds Not Champertous
  • In RMBS Put-Pack Action, Court Leaves Open Possibility of Post-Suit Notice of Breaches

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