ABS Updates are brief notes on developing events relating to structured finance litigation
The PSAs for many trusts in which Goldman Sachs was involved say (in various ways) that the trustee can bring a put-back action only with the depositor’s consent or at Continue reading Depositor Cannot Block Put-Back Action
Here is a recent decision by Justice Cohen in an RMBS trustee action. There is lots of good stuff in here, in particular the recognition that the duty to hold Continue reading Trustee Bound by Obligation to Exercise a Trust’s Rights
The Oakleaf Group recently posted an analysis of LIBOR transition as it relates to RMBS.
