InvestorsHub Logo

InvestorPM

09/21/16 5:24 PM

#7440 RE: hosedraggers #7439

The following is a cut and paste of Denny's comment on this case back when it first appeared. As he states the BIG CASE ...Greenpoint...is still alive and well and in my opinion should be easier for Syncora to prove their point since Lehman saved itself an turned the blam on Greenpoint


From the CounterSuit (PACER WALL) Lehman case - this one was settled, Lehman appears to have successfully pointed out Capital One (Greenpoint) fault as 'originator' vs them being just the 'packager'

Lehman counterSuit
https://www.inforuptcy.com/filings/nysbke_258240-1-15-ap-01112-lehman-brothers-holdings-inc-and-us-bank-national-association


Greenpoint still very much Active // No filings here:
http://iapps.courts.state.ny.us/iscroll/SQLData.jsp?IndexNo=600352-2009

Lehman and CapOne had worked together, but then Lehman turned blame on Greenpoint