We will be hosting a free webinar regarding an important update on the Lehman Brothers Holdings Inc. bankruptcy case affecting what could be thousands of mortgage originators. The webinar will be November 15, 2018 from 2 - 3:30 p.m. ET.
LBHI now appears to be suing more than 3,000 mortgage companies for indemnification (i.e., reimbursement) for monies LBHI is said to have paid to settle claims by various RMBS Trusts. The claims are filed in the Bankruptcy court in New York, and arise from loans allegedly sold – many long ago – by mortgage companies to Lehman Brothers Bank. The loans were securitized into RMBS Trusts. Complaints are being served now, and many companies are receiving demands for mediation or complaints.
The issues in the case are complex, and our firm has been working closely with Lani Adler, a renowned litigator in New York and former partner at a large international law firm. Lani has been one of the leaders of a group of defense counsel representing hundreds of mortgage originators in this matter since near the beginning, and has been involved in the cases for many years. Together, Lani and Garris Horn bring deep and broad experience to the matter in both litigation and mortgage, and with the range of defenses, and procedural, substantive and strategic issues that demand assessment.
To assist our clients and friends, our two firms are teaming up to host a webinar on November 15, 2018 from 2 - 3:30 p.m. ET regarding this litigation. Please contact Shawna Secker at firstname.lastname@example.org to register for the webinar.
In the meantime, if you want to disscuss the case, please contact us.