Forest Capital v. BlackRock
Published on:
September 21, 2015
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Court of Appeals
(Fourth Circuit)
Amicus Issue:
Whether investment companies that hold money market fund accounts used as collateral should have duties and liability under UCC Section 9-406 to third parties that may also have a claim to those investments.
Counsel of Record:
Cleary Gottlieb Steen & Hamilton LLP
Lewis J. Liman
Sandra M. Rocks
Abena A. Mainoo
Other Amici:
None.