Now Updating
In re: JERSEY CITY COMMUNITY HOUSING CORP

Summarizing by Amir Shachmurove

Benson v. JPMorgan Chase Bank, N.A.

Citation:
No. 10-17402, DC No. 3:09-cv-05272-MEJ & No. 10-17404, DC No. 3:09-cv-05560-MEJ (heard jointly)
Ruling:
The Ninth Circuit Court of Appeals held that plaintiffs’ conclusory allegations regarding JPMorgan fell short of stating a claim for relief that is free from the Financial Institutions Reform,...
Judge(s):
LUCERO*, CALLAHAN, SMITH
Tag(s):

Wachovia Bank v. VCG Special Opportunities Master Fund, Ltd.

Citation:
Wachovia Bank v. VCG Special Opportunities Master Fund, Ltd., --- F.3d ----, 2011 WL 5110122 (2d Cir. Oct. 28, 2011)
Ruling:
A hedge fund that entered into a credit default swap agreement with a bank affiliated with a capital markets servicer was not a customer of the servicer within the meaning of FINRA rules, such that...
Judge(s):
Circuit Judges Kearse, Pooler, and Lynch
Tag(s):

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