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IN RE RESIDENTIAL CAPITAL, LLC

Bankruptcy No. 12-12020 (MG). Adversary No. 12-02051 (MG).

489 B.R. 36 (2013)

In re RESIDENTIAL CAPITAL, LLC, Debtor. Sealink Funding, Ltd., Plaintiff, v. Deutsche Bank AG, et al., Defendants.

United States Bankruptcy Court, S.D. New York.

March 20, 2013.

Attorney(s) appearing for the Case

Bernstein Litowitz Berger & Grossman LLP, By: David L. Wales, Esq. , Lauren A. McMillen, Esq. , Rebecca E. Boon, Esq. , Katherine A. Stefanou, Esq. , New York, NY, Counsel for Plaintiff.

Bernstein Litowitz Berger & Grossman LLP, By: David J. Woll, Esq. , Isaac M. Rethy, Esq. , New York, NY, Counsel for Defendants.

PROPOSED FINDINGS OF FACT AND CONCLUSIONS OF LAW ON PLAINTIFF'S MOTION TO REMAND

MARTIN GLENN, Bankruptcy Judge.

This case is one of many similar cases originally filed in state court alleging exclusively state law fraud claims arising from the sale of residential mortgage backed securities ("RMBS"). Many similar RMBS cases, some following remand from federal courts, are currently pending in the Commercial Division of the New York Supreme Court in Manhattan...

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