1. Home
  2. Browse Decisions
  3. A.D.3d
  4. 167 A.D.3d
  5. 167 A.D.3d 468 (2018)
 

SECURITIZED ASSET FUNDING 2011-2, LTD. v. CANADIAN IMPERIAL BANK OF COMMERCE

7850. 653911/15.

167 A.D.3d 468 (2018)

90 N.Y.S.3d 27

2018 NY Slip Op 08444

Securitized Asset Funding 2011-2, Ltd., Appellant, v. Canadian Imperial Bank of Commerce, Respondent/Counterclaim Plaintiff-Respondent. Securitized Asset Funding 2011-2, Ltd., et al., Counterclaim Defendants-Appellants.

Appellate Division of the Supreme Court of New York, First Department.

Decided December 11, 2018.

This is an action for breach of two contracts, the A Note and the B Certificate. These contracts refer to certain credit default swap agreements, which refer to notes collateralized by mortgage-backed securities issued by nonparty Altius IV Funding, Ltd. (the Altius IV notes). Defendant Canadian Imperial Bank of Commerce (CIBC) had entered into credit default swaps with a purchaser of Altius IV notes seeking to protect its investment therein. CIBC then entered into the A...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases