Our next runners-up spot goes to a team at Mayer Brown that secured a significant reversal from New York’s high court for client BNY Mellon and a group of co-defendant securitization trustees in a case brought by investors in certain residential mortgage-backed securities. The New York Court of Appeals found last week that the trustees did not have contractual and common law duties to enforce repurchase obligations on mortgage loan originators, reversing a decision from the Appellate Division, First Department. The Mayer Brown team included partners Matthew Ingber, Christopher Houpt and Rory Schneider, and associates Christopher Mikesh and Nathan Blevins.
