SIFMA submitted an Amicus “Friend of the Court”
Brief

Court:

U.S. District Court

(N.D.CA)

Amicus Issues:   

Whether the City of Richmond, California and Mortgage
Resolution Partners scheme to use the government’s power of eminent domain to
seize loans from residential mortgage-backed securitization (RMBS) trusts
serves a valid public purpose, and whether it will cause substantial harm to
financial and housing markets.

Counsel of Record:  

Sidley Austin LLP
David R. Carpenter
Collin P. Wedel
Carter G. Phillips
Jonathan
F. Cohn 

Other Amici:

U.S. Chamber of Commerce