Deutsche Bank v. Barclays; Deutsche Bank v. HSBC

Decision: 2019.11.25

Argument: 2019.10.17 vid. tr.

Whether plaintiff trustee’s breach of contract claims were barred by California’s four-year statute of limitations, pursuant to the borrowing statute of CPLR 202; defendant banks alleged to have breached representations and warranties made in connection with the sale of residential mortgage-backed securities pooled in trust; whether claim accrued in California or New York.

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• RMBS claims governed and barred by California limitations statute (DB v. Barclays / HSBC).
• Case Summary – Deutsche Bank v. Barclays; Deutsche Bank v. HSBC