On March 10, 2022, Judge Nathan of the S.D.N.Y. issued a decision in U.S. Bank v. Goldman Sachs, 19-cv-02305-AJN, rejecting the use of sampling in an RMBS put-back action. Continue reading SDNY Rejects Sampling in Put-back Action
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
On September 17, 2019, the First Department issued a decision in Ambac Assur. Corp. v. Countrywide Home Loans Inc., 2019 NY Slip Op. 06570 [175 AD3d 1156], approving sampling in monoline cases. Continue reading First Department Approves Sampling in Monoline Cases
