Legal Opinion

Putnam Bank v. Countrywide Financial Corp.

District Court, C.D. California

Decided March 9, 2012No. Case Nos. 2:11-ML-02265-MRP (MANx), 2:11-cv-04698-MRP (MANx), 2:11-cv-07152-MRP (MANx), 2:11-cv-07163-MRP (MANx), 2:11-cv-07167-MRP (MANx), 2:11-cv-08896-MRP (MANx)PublishedCited by 7 opinions

1Opinion of the Court

*1066OMNIBUS ORDER RE MOTIONS TO DISMISS

MARIANA R. PFAELZER, District Judge.

I. INTRODUCTION & BACKGROUND

The Court is presently overseeing Multidistrict Litigation No. 2265, captioned In Re Countrywide Financial Corp. Mortgage-Backed Securities Litigation (“the MDL”). This omnibus order concerns threshold questions of whether five actions are barred on grounds of standing, jurisdiction, or timeliness.1 Four of the five cases are part of the MDL; Putnam was transferred pursuant to 28 U.S.C. § 1404(a). The cases vary in their particulars, but each plaintiff purchased residential mortgage-backed…

2Cases cited25 opinions

  1. Friends of the Earth, Inc. v. Laidlaw Environmental Services (TOC), Inc.Supreme Court of the United States · 2000
  2. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
  3. Bender v. Williamsport Area School DistrictSupreme Court of the United States · 1986
  4. American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
  5. In Re Gilead Sciences Securities LitigationCourt of Appeals for the Ninth Circuit · 2008

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3Cited by7 opinions

  1. FutureSelect Portfolio Management, Inc. v. Tremont Group Holdings, Inc.Court of Appeals of Washington · 2013
  2. Federal Deposit Insurance v. Banc of America Securities LLCDistrict Court, C.D. California · 2013
  3. Becerra v. General Motors LLCDistrict Court, S.D. California · 2017
  4. Allstate Insurance v. StanleyAppellate Division of the Supreme Court of the State of New York · 2014
  5. Allstate Insurance v. StanleyAppellate Division of the Supreme Court of the State of New York · 2014

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