Attorney(s) appearing for the Case
Simpson Thacher & Bartlett LLP for defendant. Kasowitz, Benson, Torres & Friedman LLP for plaintiff.
Supreme Court, New York County.
OPINION OF THE COURT
SHIRLEY WERNER KORNREICH, J.
Defendant DB Structured Products, Inc. (DBSP) moves to dismiss the complaint pursuant to CPLR 3211 (a) (1), (3), (7), and (8). Defendant's motion is denied for the reasons that follow.
I. Factual Background and Procedural History
This case concerns DBSP's alleged breach of its contractual obligation to repurchase certain nonconforming loans that were pooled, deposited into a trust, securitized...
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