Bear Stearns Mortgage Funding Trust 2006-SL1 v. EMC Mortgage LLC

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE BEAR STEARNS MORTGAGE FUNDING ) TRUST 2006-SL1, by U.S. Bank, N.A., as ) Trustee, ) ) Plaintiffs, ) ) v. ) C.A. No. 7701-VCL ) EMC MORTGAGE LLC and JPMORGAN ) CHASE BANK, N.A., ) ) Defendants. ) MEMORANDUM OPINION Date Submitted: November 6, 2014 Date Decided: January 12, 2015 Philip A. Rovner, Jonathan A. Choa, POTTER ANDERSON & CORROON LLP, Wilmington, Delaware; Philippe Z. Selendy, Sanford I. Weisburst, Erica P. Taggart, Alexei Tsybine, QUINN EMANUEL URQUHART & SULLIVAN, LLP, New York, New York; Attorneys for Plaintiff Bear Stearns Mortgage…