Legal Opinion
Blackrock Balanced Capital Portfolio v. HSBC Bank USA, National Ass'n
District Court, S.D. New York
Decided March 31, 2015No. 14 Civ. 9366(SAS)PublishedCited by 7 opinions
1Opinion of the Court
OPINION AND ORDER
SHIRA A. SCHEINDLIN, District Judge.
I. INTRODUCTION
This action arises out of the alleged failure of HSBC Bank USA, National Association (“HSBC”) to discharge its duties as a trustee for 271 residential mortgage backed securities (“RMBS”) trusts.1 These trusts include 244 individual Pooling and- Servicing Agreements (the “PSA Trusts”) and 27 Indenture Trusts.2 This action was originally filed in state court, but removed by plaintiffs to federal court under the Trust Indenture Act of 1939 (“TIA”).3 After the Second Circuit determined that the PSA Trusts were not governed by the…
2Cases cited20 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- City of Chicago v. International College of SurgeonsSupreme Court of the United States · 1997
- Natalia Makarova v. United StatesCourt of Appeals for the Second Circuit · 2000
- APWU v. PotterCourt of Appeals for the Second Circuit · 2003
- Christian R. Valencia, an Infant by His Mother and Natural Guardian, Teresa Franco v. Sung M. Lee and Shiu Chun Lee, the City of New YorkCourt of Appeals for the Second Circuit · 2003
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3Cited by7 opinions
- Royal Park Investments SA/NV v. HSBC Bank USA, National Ass'nDistrict Court, S.D. New York · 2015
- Fixed Income Shares: Series M v. Citibank N.A.District Court, S.D. New York · 2015
- Blackrock Allocation Target Shares: Series S Portfolio v. Bank of New York MellonDistrict Court, S.D. New York · 2016
- Francis v. City of SchenectadyDistrict Court, N.D. New York · 2021
- Knowles v. St. Barnabas HospitalDistrict Court, S.D. New York · 2021
2 more not listed; retrieve them via the Exa API.