Subprime Securities Litigation: Three Threshold Legal Issues
24 December 2007
Mayer Brown Article
24 December 2007 - Subprime woes continue. Companies continue to announce losses or write-downs; lawsuits continue to follow. It is too early in these cases to predict winners and losers. It is not too soon, however, to analyze the complaints and describe some main litigation battlegrounds. These are initial fights that could do much to determine the size of the litigation wave. This article reviews three of those battlegrounds.