Citigroup Financial Products Inc. v. Countrywide Financial Corp.

Judgment, Supreme Court, New York County (O. Peter *478Sherwood, J.), entered December 22, 2011, dismissing the complaint as against defendant Countrywide Financial Corporation and awarding it costs, unanimously modified, on the law, to vacate the dismissal and replace it with the declaration that plaintiffs do not own participation C free and clear of any right, title or interest of Countrywide therein, and otherwise affirmed, without costs. Order, same court and Justice, entered May 25, 2012, which, inter alia, directed Bank of America to distribute all escrowed funds to Countrywide and to pay…