Legal Opinion
ACE Securities Corp. v. DB Structured Products, Inc.
New York Supreme Court
Decided March 29, 2016PublishedCited by 4 opinions
1Opinion of the Court
OPINION OF THE COURT
Marcy Friedman, J.
This residential mortgage-backed securities (RMBS) breach of contract action is the current incarnation of the dismissed action that was the subject of the Court of Appeals’ recent decision in ACE Sec. Corp., Home Equity Loan Trust, Series 2006-SL2 v DB Structured Prods., Inc. (25 NY3d 581 [2015] [ACE *345III], affg 112 AD3d 522 [1st Dept 2013] [ACE II], revg 40 Misc 3d 562 [Sup Ct, NY County 2013] [ACE I]). The prior action initiated on the last day of the limitations period, by the filing of a summons with notice by certificateholders that were investment…
2Cases cited31 opinions
- Vermont Teddy Bear Co. v. 538 Madison Realty Co.New York Court of Appeals · 2004
- Reiss v. Financial Performance Corp.New York Court of Appeals · 2001
- Carrick v. Central General HospitalNew York Court of Appeals · 1980
- George v. Mt. Sinai HospitalNew York Court of Appeals · 1979
- ACE Securities Corp. v. DB Structured Products, Inc.New York Court of Appeals · 2015
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3Cited by4 opinions
- Wells Fargo Bank, N.A. v. EitaniAppellate Division of the Supreme Court of the State of New York · 2017
- ACE Securities Corp v. DB Structured ProductsNew York Court of Appeals · 2022
- Financial Guar. Ins. Co. v. Morgan Stanley ABS Capital I Inc.New York Supreme Court · 2017
- Wells Fargo Bank, N.A. v. EitaniAppellate Division of the Supreme Court of the State of New York · 2017