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  • http://livinglies.wordpress.com/2012/02/24/investors-getting-wise-to-conflict-of-interest-with-banks-and-servicers/ Investors Getting Wise to Conflict of Interest With Banks and Servicers « Livinglies's Weblog

    [...] deferential standards of Article 77.  Opposition bondholder groups, led by Walnut Place, LLC, have successfully removed the case to Federal Court, where (pending success on appeal) it will presumably be treated more like a class action, meaning [...]

  • http://www.subprimeshakeout.com/2012/02/breaking-bony-bofa-settlement-to-return-to-state-court-after-second-circuit-reverses-pauley.html BREAKING: BoNY-BofA Settlement to Return to State Court After Second Circuit Reverses Pauley | The Subprime Shakeout

    [...] action and should be treated as such, including allowing dissatisfied bondholders to opt out.  Judge Pauley in the Southern District of New York agreed, holding that this was the very type of case that Congress had directed be tried in federal court [...]

  • http://www.subprimeshakeout.com/2012/04/pauley-stirs-the-pot.html Pauley Stirs the Pot: Federal Judge Still Making an Impact as BofA Settlement Approaches Critical Crossroads in State Court | The Subprime Shakeout

    [...] to litigate their objections to the controversial deal.  In that regard, they were right – Pauley’s October 19 decision to keep the case evinced not only an understanding of the national implications of the issues raised in the suit and [...]

  • http://www.subprimeshakeout.com/2013/05/breaking-news-article-77-hearing-postponed-bill-frey-subpoenaed.html BREAKING NEWS: Article 77 Hearing Postponed, Bill Frey Subpoenaed by AIG | The Subprime Shakeout

    [...] news, Bill Frey has been subpoenaed by AIG. I can only speculate that he will be asked about the circumstances that led Kathy Patrick to split off from the Investor Syndicate and encourage her clients to take a less confrontational approach to [...]