Defeat of Contractual Indemnification Claim
Finance of America Mortgage, LLC
Representation of Finance of America Holdings in successfully dismissing with prejudice cases seeking contractual indemnification in excess of $2 million, part of the wider high-profile bankruptcy proceeding of Lehman Brothers.
Related Practices
RELATED PEOPLE
Partner
MORE EXPERIENCE
Representation of LV Lending LLC and its affiliates as lender or preferred equity investor in connection with the origination, servicing, and modification of over $100 million worth of mortgage loans and preferred equity investments.
Representation of a leading financial services company defending against claims for substantial damages, plus interest and attorneys’ fees, related to contractual repurchase and indemnification obligations tied to residential mortgage-backed securities. Obtained highly favorable settlement on behalf...
Representation of two national mortgage companies in favorably settling multi-million dollar contractual indemnity claims against them brought by the Federal Deposit Insurance Corporation (FDIC), in its capacity as Receiver for Washington Mutual. The settled amount represented less than 20% of the v...