Legal Opinion
In re Trusts Established Under the Pooling & Servicing Agreements Relating to the Wachovia Bank Commercial Mortg. Trust Commercial Mortg. Pass-Through Certificates
District Court, S.D. Illinois
Decided March 25, 2019No. 17 Civ. 1998 (KPF)PublishedCited by 12 opinions
1Opinion of the Court
KATHERINE POLK FAILLA, United States District Judge *445Broadly speaking, this action involves a dispute with CWCapital Asset Management LLC ("CWC") on one side, and Appaloosa Investment L.P.I. and Palomino Master Ltd. (collectively, "Appaloosa") on the other, over the distribution of approximately $ 700 million in proceeds from the October 2015 sale of the Peter Cooper Village and Stuyvesant Town property ("Stuy Town"). In Appaloosa's view, a portion of the funds that are currently allocated to CWC should instead be deposited into a Gain-on-Sale Reserve Account for the benefit of…
2Cases cited31 opinions
- Natalia Makarova v. United StatesCourt of Appeals for the Second Circuit · 2000
- Lamie v. United States TrusteeSupreme Court of the United States · 2004
- Carter v. HealthPort Technologies, LLCCourt of Appeals for the Second Circuit · 2016
- Marx v. General Revenue Corp.Supreme Court of the United States · 2013
- Amidax Trading Group v. S.W.I.F.T. ScrlCourt of Appeals for the Second Circuit · 2011
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3Cited by12 opinions
- Brody v. Commissioner of Social SecurityDistrict Court, E.D. New York · 2021
- Gillett v. Zara USA, Inc.District Court, S.D. New York · 2022
- Gutterman v. HerzogDistrict Court, E.D. New York · 2020
- In the Matter of the Trusts established under the Pooling and Servicing AgreementsDistrict Court, S.D. New York · 2024
- JoySuds, LLC v. N.V. Labs, Inc.District Court, S.D. New York · 2023
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