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  • Blog: Global Capital Markets LitigationRMBS Cases Seeking $3.7 Billion Dismissed for Lack of StandingPosted on April 18, 2017 by Amiad Kushner and Alexander L. Strohmeyer
    On Wednesday, April 12, Justice Ramos of the Commercial Division of the New York Supreme Court dismissed with prejudice four lawsuits filed by Royal Park Investments SA/NV (“Royal Park”).  The lawsuits alleged fraud and negligent misrepresentation with respect to residential mortgage-backed securities (“RMBS”) sold to Fortis NV/SA (“Fortis”) – formerly an independent Belgian bank that … Continue Reading
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