The NCUA won a big legal victory Aug. 27 when the U.S. 10th Circuit Court of Appeals in Denver ruled the regulator can proceed with its claims against Wall Street firms over mortgage backed securities sold to the failed U.S. Central Federal Credit Union.
The clock is ticking for the filing of arguments in the appeal of the NCUA vs. Barclays Capital, a case that had been thrown out by U.S. District Judge John W. Lungstrum in Kansas.
Aug. 28 deadline now for filing of opening briefs in appeal of dismissal of NCUA suit against British investment bank.
Federal judge in Kansas City cites statute of limitations in corporates collapse case.
In a sweeping order that delays proceedings on eight pending NCUA lawsuits against Wall Street banks over mortgage backed securities sold to failed corporate credit unions, U.S. District Judge John W. Lungstrum said April 29 that he will wait for the result of a related appeals court ruling, citing concerns...
Kansas City judge says he'll wait for appeals court decision on bid to dismiss claims over failed securities.