Amendment in the Nature of a Substitute – American Privacy Rights Act (Joint Trades)
SIFMA, American Bankers Association (ABA), America’s Credit Unions (ACU), Bank Policy Institute (BPI), Consumer Bankers Association (CBA), and the Independent…
Court:
New York Court of Appeals
Amicus Issue:
Whether a plaintiff may circumvent a sole remedy provision within a pooling and services agreement – which provides that the sole remedy for a breach of the mortgage representations is cure or repurchase of the loans – by also alleging that the defendant willfully or with gross negligence included numerous defective loans in the pool and failed to repurchase such loans on demand.
Counsel of Record:
Hughes Hubbard & Reed LLP
Shahzeb Lari
Other Amici:
None.
SIFMA, American Bankers Association (ABA), America’s Credit Unions (ACU), Bank Policy Institute (BPI), Consumer Bankers Association (CBA), and the Independent…
SIFMA provided comments to the Internal Revenue Service (IRS) on the 2024 proposed required minimum distribution regulations.
Court: Ohio Supreme Court Amicus Issue: Whether a broker-dealer or banker may be held liable under Ohio’s aiding and abetting…