Mortgage Securities Dispute Gets Expedited Trial Date

Law360, London (July 11, 2019, 8:55 PM BST) -- A dispute between a mortgage portfolio company and Greencoat Investments Ltd. over a securitization deal worth $760 million will head to trial in two weeks to determine the validity of Greencoat's alleged "interference" with the debt, a judge ruled Thursday.

Judge Antony Zacaroli granted London-based Business Mortgage Finance 6 PLC’s application to expedite the proceedings, after agreeing with the two sides that there was a “serious issue to be tried” in the case.

A two-day trial will begin July 25, dealing with Business Mortgage’s claim that Greencoat Investments has been acting as a substantial holder of six classes of notes issued...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS