Stay here – Second Circuit in Residential Capital holds automatic stay can be applied to non-debtors where action has an immediate adverse economic consequence for estate

Date

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Location
USA
Authors
Benjamin C. Wolf
Firm
Kramer Levin Naftalis & Frankel LLP
Tags
USA
Insolvency & Restructuring
Litigation
Real Estate
Kramer Levin Naftalis & Frankel LLP
Debtor
Mortgage-backed security
Federal Housing Finance Agency
Second Circuit
Fourth Circuit