Indenture Trustee Obtains Dismissal of Class Action Claims

An indenture trustee faced class action claims for negligence and breach of fiduciary duty arising from alleged failure to properly invest trust assets following the 2008 financial crisis. Our firm obtained dismissal on the pleadings brought against the trustee by holders of $160 million in municipal bonds.
 

The Faegre Drinker Biddle & Reath LLP website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Drinker Biddle & Reath LLP's cookies information for more details.