LORELEY FIN. (JERSEY) NO. 3 v. WELLS FARGO SEC.

No. 19-3304 August Term 2020.

13 F.4th 247 (2021)

LORELEY FINANCING (JERSEY) NO. 3 LIMITED, Loreley Financing (Jersey) No. 5 Limited, Loreley Financing (Jersey) No. 15 Limited, Loreley Financing (Jersey) No. 28 Limited, and Loreley Financing (Jersey) No. 30 Limited, Plaintiffs-Appellants, v. WELLS FARGO SECURITIES, LLC, Wells Fargo Bank, N.A., Harding Advisory LLC, and Structured Asset Investors, LLC, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided: September 13, 2021.


Attorney(s) appearing for the Case

Sheron Korpus , Kasowitz Benson Torres LLP, New York, New York ( David M. Max , Kasowitz Benson Torres LLP, New York, New York; James M. Ringer , Meister Seelig & Fein LLP, New York, New York; Stephen M. Plotnick , Alexander Malyshev , Carter Ledyard & Milburn LLP, New York, New York, on the brief), for Plaintiffs-Appellants.

Jayant W. Tambe ( Laura Washington Sawyer , Rajeev Muttreja , James M. Gross , Amanda L. Dollinger , on the brief), Jones Day, New York, New York, for Defendants-Appellees.

Before: Calabresi and Menashi, Circuit Judges, and Koeltl, District Judge.


In 2006 and 2007, Plaintiffs-Appellants Loreley Financing (Jersey) No. 3 Limited, Loreley Financing (Jersey) No. 5 Limited, Loreley Financing (Jersey) No. 15 Limited, Loreley Financing (Jersey) No. 28 Limited, and Loreley Financing (Jersey) No. 30 Limited (collectively, "Loreley")— five special purpose entities formed...

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