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Trustee pursues charges regarding mortgage servicing rights of $5 billion in loans

The chapter 11 plan trustee for a mortgage company pursued charges against a finance company regarding the sale of significant mortgage servicing rights related to over $5 billion in mortgage loans.

Waller represented the post-confirmation chapter 11 plan trustee in complex adversary proceeding in connection with the transfer and sale of over $50 million of mortgage servicing rights related to over $5 billion in mortgage loans. This included prosecuting affirmative claims for breach of contract and various claims under section 544 of the Bankruptcy Code, and defending claims for breach of contract and mutual mistake.

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