ACE Sec. Corp. v DB Structured Prods., Inc.

Docket Number85
Decision Date11 June 2015

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9 cases
  • Ditech Fin. v. Naidu
    • United States
    • New York Supreme Court
    • October 18, 2023
    ... ... Santhana Kumar Nataraja Naidu, CITIMORTGAGE, INC., AND "JOHN DOE #1" THROUGH "JOHN DOE#12", THE LAST TWELVE ... mortgage debt. ( Beneficial Homeowner Serv. Corp. v ... Tovar , 150 A.D.3d 657, 658 [2d Dept 2017]. It ... Sec. Indus. Bank , 459 ... U.S. 70 (1982), is unavailing, in ... ( See Quadrant ... Structured Products Co., Ltd. v Vertin , 23 N.Y.3d 549, ... 560 ... Corp. v DB Structured ... Prods., Inc. , 25 N.Y.3d 581, 593 [2015]). FAPA is not ... ...
  • Ikb Int'l v. Wells Fargo Bank, N.A.
    • United States
    • New York Court of Appeals Court of Appeals
    • June 15, 2023
    ...Credit & Cap., Inc., 30 N.Y.3d 572, 69 N.Y.S.3d 520, 92 N.E.3d 743 [2017] ; ACE Sec. Corp., Home Equity Loan Tr., Series 2006–SL2 v. DB Structured Prods., Inc., 25 N.Y.3d 581, 15 N.Y.S.3d 716, 36 N.E.3d 623 [2015] ). To summarize, RMBS are financial instruments, popular in the mid–2000s, ba......
  • IKB Int'l, S.A. v. Wells Fargo Bank, N.A.
    • United States
    • New York Court of Appeals Court of Appeals
    • June 15, 2023
    ...Credit & Cap., Inc., 30 N.Y.3d 572, 69 N.Y.S.3d 520, 92 N.E.3d 743 [2017] ; ACE Sec. Corp., Home Equity Loan Tr., Series 2006–SL2 v. DB Structured Prods., Inc., 25 N.Y.3d 581, 15 N.Y.S.3d 716, 36 N.E.3d 623 [2015] ). To summarize, RMBS are financial instruments, popular in the mid–2000s, ba......
  • Ditech Fin. v. Naidu
    • United States
    • New York Supreme Court
    • October 18, 2023
    ...but also express a societal interest or public policy of giving repose to human affairs." (ACE Sec. Corp. v. DB Structured Prods., Inc., 25 N.Y.3d 581, 593, 15 N.Y.S.3d 716, 86 N.E.3d 623 [2015]). FAPA is not tantamount to a taking, physical invasion, or, appropriation, but merely affects p......
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3 firm's commentaries
  • Cadwalader Reviews Securitization Litigation and Regulation for 2019
    • United States
    • LexBlog United States
    • February 5, 2020
    ...not “relate back” to the original complaint for purposes of the statute of limitations. See GreenPoint, 916 F.3d at 126-29. [37] 36 N.E.3d 623 (N.Y. 2015). [38] 112 N.E.3d 1219 (N.Y. 2018). [39] GreenPoint, 916 F.3d at 125. [40] See id. [41] Wash. Rev. Code Ann. § 21.20.010(2) (West 2020). ......
  • 2019 Year in Review: Securitization Litigation and Regulation
    • United States
    • JD Supra United States
    • January 30, 2020
    ...did not “relate back” to the original complaint for purposes of the statute of limitations. See GreenPoint, 916 F.3d at 126-29. 37 36 N.E.3d 623 (N.Y. 2015). 38 112 N.E.3d 1219 (N.Y. 2018). 39 GreenPoint, 916 F.3d at 125. 40 See id. 41 Wash. Rev. Code Ann. § 21.20.010(2) (West 2020). 42 Fed......
  • Inside the Courts: An Update From Skadden Securities Litigators - February 2016 / Volume 8 / Issue 1
    • United States
    • JD Supra United States
    • February 29, 2016
    ...grounds. The Second Circuit affirmed, citing the recent New York Court of Appeals decision in ACE Securities Corp. v. DB Structured Products, Inc., 36 N.E.3d 623 (N.Y. 2015), which held that “[a] cause of action for breach of contractual representations and warranties that guarantee certain......