David Woll Argues Before the New York Court of Appeals Against Indefinite Extension of Statute of Limitations in RMBS Repurchase Suit
05.04.15
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Litigation Partner David Woll recently argued an appeal in the New York Court of Appeals on behalf of DB Structured Products, Inc. David argued that the Court should affirm a ruling by the Appellate Division dismissing as time-barred a suit alleging breaches of representations and warranties with respect to several hundred mortgage loans and should reject appellant’s arguments, which would have the effect of extending the limitations period for contract claims indefinitely. The argument was the subject of articles in Law360 and Reuters.