Legal Opinion

Blackrock Allocation Target Shares: Series S Portfolio v. Bank of New York Mellon

District Court, S.D. New York

Decided March 25, 2016No. 14 Civ. 09372(GBD)PublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM DECISION AND ORDER

GEORGE B. DANIELS, United States District Judge:

This action is one of many derivative actions brought -in New York state court and the Southern District of New York against trustees of trusts containing residential mortgage-backed securities (“RMBS”). See, e.g., Fixed Income Shares: Series M v. Citibank:'N.A., 130 F.Supp.3d 842, 845-46 ’ (S.D.N.Y.2015). Plaintiffs are holders in trusts for which Defendant The Bank of New York Mellon (“BNYM”) serves as a trustee. (Compl. ¶¶ 1, 18, ECF No, 1.) Plaintiffs have -also named the trusts themselves as nominal defendants.…

2Cases cited35 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  4. Natalia Makarova v. United StatesCourt of Appeals for the Second Circuit · 2000
  5. Alexander v. SandovalSupreme Court of the United States · 2001

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3Cited by3 opinions

  1. BlackRock Allocation Target Shares v. Wells Fargo BankDistrict Court, S.D. New York · 2017
  2. Commerzbank AG v. U.S. Bank National Ass'nDistrict Court, S.D. New York · 2017
  3. Federman v. Town of LorraineDistrict Court, N.D. New York · 2019

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