STICHTING PENSIOENFONDS v. COUNTRYWIDE FINANCIAL

No. 10-CV-07275 MRP (MANx).

447 B.R. 302 (2010)

STICHTING PENSIOENFONDS ABP, Plaintiff, v. COUNTRYWIDE FINANCIAL CORPRATION; Countrywide Home Loans, Inc.; CWALT, Inc.; CWMBS, Inc.; CWABS, Inc.; CWHEQ, Inc.; Countrywide Capital Markets; Countrywide Securities Corporation; Bank of America Corp.; NB Holdings Corporation; Deutsche Bank Securities Inc.; UBS Securities, LLC; Greenwich Capital Markets, Inc. a.k.a. RBS Greenwich Capital; Barclays Capital Inc.; Stanford L. Kurland; David A. Spector; Eric P. Sieracki; N. Joshua Adler; Ranjit Kripalani; Jennifer S. Sandefur; and David A. Sambol, Defendants.

United States District Court, C.D. California.

December 29, 2010.


Attorney(s) appearing for the Case

Deborah A. Elman , Hung G. Ta , Jay W. Eisenhofer , Grant & Eisenhofer PA, New York, NY, Geoffrey C. Jarvis , Grant & Eisenhofer PA, Wilmington, DE, Maryann R. Marzano , Maxwell M. Blecher , Blecher and Collins PC, Los Angeles, CA, for Plaintiff.

Brian Charles Devine , Brian E. Pastuszenski , Inez H. Friedman-Boyce , Goodwin Procter LLP, Boston, MA, Lloyd Winawer , Goodwin Procter LLP, Los Angeles, CA, for Defendants Countrywide Financial Corporation, Countrywide Home Loans, Inc., CWALT, Inc., CWMBS, Inc., CWABS, Inc., CWHEQ, Inc., Countrywide Capital Markets and Countrywide Securities Corporation, N. Joshua Adler.

Jonathan Rosenberg , William J. Sushon , O'Melveny & Myers LLP, New York, NY, Matthew W. Close , Matthew Christian Hipp , O'Melveny & Myers LLP, Los Angeles, CA, for Defendants Bank of America Corp. and NB Holdings Corporation.

Alexander K. Mircheff , Dean J. Kitchens , Gibson Dunn and Crutcher LLP, Los Angeles, CA, for Defendants Deutsche Bank Securities Inc., UBS Securities, LLC, Greenwich Capital Markets, Inc. and Barclays Capital Inc.

Jennifer M. Sepic , Bingham McCutchen LLP, Los Angeles, CA, Leiv H. Blad, Jr. , Bingham McCutchen LLP, Washington, DC, for Defendant David A Spector.

David A. Priebe , Jeffrey B. Coopersmith , DLA Piper LLP, East Palo Alto, CA, Nicolas Morgan , DLA Piper LLP, Los Angeles, CA, Shirli Fabbri Weiss , DLA Piper Rudnick Gray Cary US, San Diego, CA, for Defendant Eric P. Sieracki.

Joshua G. Hamilton , Peter Young Hoon Cho , William F. Sullivan , Paul Hastings Janofsky and Walker LLP, Los Angeles, CA, for Defendants Ranjit Kripalani and Jennifer S. Sandefur.

Michael C. Tu , Orrick Herrington and Sutcliffe LLP, Los Angeles, CA, for David A. Sambol.

A. Matthew Ashley , Allison Lauren Libeu , Irell and Manella, Newport Beach, CA, David Siegel , Holly L. Gershow , Irell & Manella LLP, Los Angeles, CA, for Defendant Angelo R. Mozilo.


ORDER RE: PLAINTIFF'S MOTION TO REMAND THIS ACTION TO CALIFORNIA STATE COURT

MARIANA R. PFAELZER, District Judge.

I. INTRODUCTION & BACKGROUND

This securities action concerns residential mortgage-backed securities ("RMBS") purchased by Plaintiff Stichting Pensioenfonds ABP ("Plaintiff) in fourteen different offerings structured and sold by almost two dozen defendants, nine of which are referred...

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