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.

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Philip R. Stein
Practice Group Leader, Trial & Litigation
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Representation of mortgage company in its defense against a $270 million breach of contract and indemnification action. After defeats in similar cases in other federal and state courts, Lehman Brotherssought recourse for new lawsuits in the Southern District of New York. Over 100 companies are being...
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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.
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Defense against contractual indemnification claims by Residential Funding Company LLC, the successor to a major financial services company, which went bankrupt in 2012, in seeking indemnification against dozens of companies, post-bankruptcy. The case included cutting-edge legal issues such as indemn...
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