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September 25, 2017 | Insurance Coverage Law Center

Second Circuit Refuses to Require Insurer to Dis-Prove Coverage of Underlying Judgment Against Insured

The U.S. Court of Appeals for the Second Circuit has affirmed a decision by the U.S. District Court for the Southern District of New York in favor of an…
4 minute read
April 26, 2017 |

Judge Asked to Ignore Motion in PacLife RMBS Suit

A pattern of "substantially similar" RMBS trustee suits have worn a deep enough groove, with similar enough outcome in the Southern District that procedural practices, like a pre-motion hearing sought by Bank of New York Mellon Corp., feel like a waste of time, plaintiff Pacific Life Insurance Co.'s lawyer argued Tuesday.
4 minute read
Arrowhead Capital Finance, Ltd., Plaintiff v. Cheyne Specialty Finance Fund L.P. and Cheyne Specialty Finance Fund General Partner aka Cheyne Specialty Finance General Partner, Inc., Defendants, 651962/2014
Publication Date: 2016-08-03
Practice Area:
Industry: Financial Services and Banking
Court: Supreme Court, New York County, Part 54
Judge: Justice Shirley Werner Kornreich
Attorneys:
For plaintiff:
For defendant:
Case number: 651962/2014

Cite as: Arrowhead Capital Finance, Ltd. v. Cheyne Specialty Finance Fund L.P., 651962/2014, NYLJ 1202764119157, at *1 (Sup., NY, Decided

August 01, 2016 |

Judge Rejects Attorney's Claim of NY Residence

Justice Shirley Werner Kornreich dismissed a claim in a financial case without prejudice after finding that the attorney filing the action did not meet New York's requirements for legal practice by nonresident lawyers.
4 minute read
Krineta Enterprises Co. Ltd. v. Lavidas, 161911/14
Publication Date: 2015-08-27
Practice Area: Contracts
Industry:
Court: Supreme Court, New York County, Part 42
Judge: Justice Nancy Bannon
Attorneys:
For plaintiff: For the Plaintiff: H. Barry Vasios, Esq., Holland & Knight LLP.
For defendant: For the Defendant: Michael P. Burke, Esq., Wollmuth Maher & Deutsch LLP.
Case number: 161911/14

Cite as: Krineta Enterprises Co. Ltd. v. Lavidas, 161911/14, NYLJ 1202735692663, at *1 (Sup., NY, Decided July 24, 2015) CASENAME Krineta Enterprises Company L

December 22, 2014 |

Objections Filed to $4 Billion JPMorgan Settlement

A $4 billion-plus settlement to resolve JPMorgan Chase's liability for more than 300 pools of home loans has raised objections from a number of entities, including the government-chartered agency that liquidated several credit unions and a residential mortgage-backed securities insurer on the hook to pay more than $500 million for the failed trusts.
5 minute read
December 18, 2014 |

Challenge Made to Trustees' Approval of $4 Billion JPMorgan RMBS Settlement

A $4 billion-plus settlement to resolve JPMorgan Chase's liability for more than 300 pools of home loans has raised objections from a number of entities, including the government-chartered agency that liquidated several credit unions and a residential mortgage-backed securities insurer on the hook to pay more than $500 million for the failed trusts.
5 minute read
Roncone v. Phoenix Payment Sys. Inc., DeFAX Case No. D66604 (Del. Ch. Nov. 26, 2014) Noble, V.C. (19 pages).
Publication Date: 2014-12-10
Practice Area:
Industry:
Court: Delaware Court of Chancery
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number: D66604

ORIX VENTURE FINANCE LLC, 12969Aplf-res, v. EAGLE LTD. def-ap
Publication Date: 2014-09-25
Practice Area:
Industry:
Court: SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT
Judge: Friedman, J.P., Acosta, Saxe, Gische, Kapnick, JJ.
Attorneys:
For plaintiff:
For defendant:
Case number: 12969-

12969-. ORIX VENTURE FINANCE LLC, 12969Aplf-res, v. EAGLE LTD. def-ap — Coughlin Duffy LLP, New (Joseph C. Amoroso of counsel), for ap — Wollmuth Maher & Deutsch LLP, New

National Credit Union Administration Board, as Liquidating Agent of Southwest Corporate Federal Credit Union and Members United Corporate Federal Credit Union, Plaintiff v. Wachovia Capital Markets, LLC, now known as Wells Fargo Securities, LLC, Defendant, 13 Civ. 6719
Publication Date: 2014-05-15
Practice Area: Business Law
Industry:
Court: U.S. District Court, Southern District
Judge: District Judge Denise Cote
Attorneys:
For plaintiff: For the Plaintiff: David Fredrick, Wan J. Kim, Gregory G. Rapawy, and Andrew C. Shen Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C. Washington, DC. David H. Wollmuth, Fredrick R. Kessler, Steven S. Fitzgerald, and Ryan A. Kane Wollmuth Maher & Deutsch LLP, New York, NY. George A. Zelcs, Korein Tillery LLC, Chicago, IL. Stephen M. Tillery, Greg G. Gutzler, Peter H. Rachman, and Robert L. King Korein Tillery LLC, St. Louis, MO.
For defendant: For the Defendant: Andrew W. Goldwater Friedman Kaplan Seiler & Adelman LLP, New York, NY. David H. Fry, Christian K. Wrede, and Hannah E. Shearer, Munger, Tolles & Olson LLP, San Francisco, CA.
Case number: 13 Civ. 6719

Cite as: National Credit Union Administration Board v. Wachovia Capital Markets, LLC, 13 Civ. 6719, NYLJ 1202655216577, at *1 (SDNY, Decided May 6, 2014) 13 Civ. 6

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