2nd Circ. Affirms $542M Triaxx CDO Default Sale

By Martin O'Sullivan · April 12, 2017, 5:51 PM EDT

A Second Circuit panel on Wednesday affirmed a lower court ruling forcing the manager of a Triaxx collateralized debt obligation to sell off roughly $542 million in defaulted residential mortgage-backed securities,...

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Documents

opinion

Case Information

Case Title

U.S. Bank National Association v. Triaxx Prime CDO 20061 ltd.

Case Number

Court

Appellate - 2nd Circuit

Nature of Suit

4190 CONTRACT-Other Contract Action

Date Filed

July 18, 2016

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