BNY Mellon, MBS Trustees Score Second Circuit Win
24 December 2014
The American Lawyer
Mayer Brown is mentioned for representing BNY Mellon in a Manhattan federal appeals court in a decision that thwarted a potential class action brought by pension funds seeking to recoup losses from the financial institutions that served as trustees for residential mortgage-backed securities trusts. Under the ruling, the pensions can only pursue claims related to trusts they actually invested in.