July 18, 2016
U.S. Bank National Association v. Triaxx Prime CDO 20061 ltd.
Case Number:
16-2483
Court:
Nature of Suit:
4190 CONTRACT-Other Contract Action
Companies
Sectors & Industries:
View recent docket activity
Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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April 12, 2017
2nd Circ. Affirms $542M Triaxx CDO Default Sale
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, saying the relevant agreements "unambiguously" require it.
Parties
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