$770M Trust Member Denies 'Gaming System' At 2nd Circ.
By Pete Brush ( September 2, 2015, 7:42 PM EDT) -- Bedford CMBS Acquisitions LLC urged the Second Circuit on Tuesday to grant it leave to snap up 24 defaulted real estate securities with a face value of more than $200 million on the cheap, while other members of a $770 million securitization trust run by Wells Fargo Bank NA said Bedford is "gaming the system" in a complex contract dispute....
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