RBF Law Case Discussed in Law 360 Article “RMBS Trustees Open Court Fight For $11.4B Lehman Claim”

Bankruptcy court scrutiny of Lehman Brothers’ sale of residential mortgage-backed securities in the years preceding the 2008 financial crisis got underway Monday as counsel for several RMBS trusts argued that the shuttered investment bank is responsible for $11.4 billion in damages for securitizing misrepresented loans.

Opening arguments were laid out to begin a court-assisted process to evaluate claims against Lehman Brothers Holdings Inc. for allegedly selling billions of dollars’ worth of dud mortgage-backed securities before its collapse. Read the full article here. 

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