Trust for the Cert. Holders of the Merrill Lynch Mortgage Investors, Inc. v. Love Funding Corp., No. 07-1050

In an action for breach of a mortgage loan purchase agreement, judgment for defendant based on the district court's finding that the action was champertous is reversed where the challenged assignment allowed plaintiff directly to enforce its pre-existing interest in the loan.

Read Trust for the Cert. Holders of the Merrill Lynch Mortgage Investors, Inc. v. Love Funding Corp., No. 07-1050

Appellate Information

Argued: September 26, 2008

Decided: January 11, 2010

Judges

Opinion by Judge Raggi

Counsel

For Appellant:

Ira M. Feinberg and Andowah Newton, Hogan & Hartson LLP, New York, NY

For Appellee:

Alec W. Farr and Michael G. Biggers, Bryan Cave LLP, Washington, DC