New York Trial Court Rules Constructive Knowledge Sufficient To Satisfy Discovery Prong In RMBS Litigation – Trials & Appeals & Compensation
As we described in a prior client alert, the New York Court of Appeals issued in March of this year issued a significant decision affecting residential mortgage-backed securities (RMBS) putback litigation governed by New York law. The decision, US Bank National Association v. DLJ Mortgage Capital2022 WL 801440 (NY March 17, 2022), substantially tightened the…