Legal Opinion
Nomura Asset Capital Corp. v. Cadwalader, Wickersham & Taft LLP
Appellate Division of the Supreme Court of the State of New York
Decided February 13, 2014PublishedCited by 3 opinions
1Opinion of the Court
OPINION OF THE COURT
Richter, J.
In this legal malpractice action, plaintiffs allege that defendant law firm failed to provide them with the appropriate legal advice, and rendered a legal opinion without performing the necessary due diligence, in connection with the securitization of a pool of commercial mortgage loans. When one of the loans went into default, the trustee of the trust holding the mortgages brought an action against plaintiffs in federal court alleging that they had breached various warranties in the securitization agreements. Plaintiffs maintain that the alleged breach of the…
2Cases cited7 opinions
- Alvarez v. Prospect HospitalNew York Court of Appeals · 1986
- Vega v. Restani Construction Corp.New York Court of Appeals · 2012
- Brooks v. LewinAppellate Division of the Supreme Court of the State of New York · 2005
- Dombrowski v. BulsonNew York Court of Appeals · 2012
- Baje Realty Corp. v. CutlerAppellate Division of the Supreme Court of the State of New York · 2006
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3Cited by3 opinions
- Arnold v. DevaneAppellate Division of the Supreme Court of the State of New York · 2014
- Arnold v. DevaneAppellate Division of the Supreme Court of the State of New York · 2014
- Facie Libre Associates I, L.L.C. v. Littman Krooks, L.L.P.Appellate Division of the Supreme Court of the State of New York · 2015