The definitive guide to the Lawsuits against the Trustees - IMPORTANT ATTACHMENT
“breaches of its express and implied contractual duties under the PSA, and its duties under common law”
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Included with today’s commentary is the Webbs Hill Call Rights spreadsheet, a tool that should sit open on every Non-Agency RMBS trader’s desk. The spreadsheet now includes the list of cases and deals involved in the lawsuits against the Trustees.
Please read the attached commentary. It truly is the definitive guide to the lawsuits against the trustees. You will discover why our deal lists are far more accurate that what others may be distributing (although no guarantees as we rely on third party sources and we are not lawyers). There is also some breaking news on whether Wells Fargo can actually recover legal fees and expenses via indemnity. Download, open and read.
We will update these lists as the cases proceed through the courts. Email/Call with questions, comments, suggestions, or complaints.
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