A federal district court in New York has ordered a hearing to discuss next steps after the Second Circuit vacated a prior judgment in a mortgage-backed securities case involving Ocwen Financial Corporation.
Powell et al v. Ocwen Financial Corporation et al
A Southern District of New York judge transferred a non-party’s motion to quash a subpoena to the Eastern District of Texas, ruling that the issuing court is best positioned to resolve the privilege dispute and avoid inconsistent rulings...
Hayden AI Technologies, Inc. et al v. Fleetmind Seon Solutions Inc.
A federal judge in Manhattan entered a default judgment and permanent injunction against more than 30 Chinese online sellers accused of trafficking in counterfeit merchandise tied to Supercell Oy's Brawl Stars mobile game.
Supercell Oy v. Bandai Gua Gua Model Toys Store et al
The Second Circuit held that regular-interest certificates in real estate mortgage investment conduits are equity interests that trigger ERISA fiduciary duties, while indenture notes are not.
Powell v. Ocwen Fin. Corp.