Michael Hanin and Uri A. Itkin Co-Author “Applying N.Y.’s Borrowing Statute to Asset-Backed Securities Claims After ‘Deutsche Bank’” in New York Law Journal

Michael Hanin and Uri A. Itkin Co-Author “Applying N.Y.’s Borrowing Statute to Asset-Backed Securities Claims After ‘Deutsche Bank’” in New York Law Journal

Kasowitz partners Michael Hanin and Uri A. Itkin have co-authored “Applying N.Y.’s Borrowing Statute to Asset-Backed Securities Claims After ‘Deutsche Bank,’” published in New York Law Journal

In the article, the authors discuss the First Department’s recent decision in Deutsche Bank Nat'l Tr. Co. v. Barclays Bank PLC, which raises interesting questions about the limitations periods applicable to claims involving asset-backed securities where the trustee resides outside New York.  The article evaluates the potential impact of the decision in the structured finance industry. 

Read the article in its entirety.

Michael Hanin and Uri A. Itkin, partners at Kasowitz Benson Torres LLP, represent and advise investment funds on potential litigation and other issues relating to their investments, particularly with respect to complex financial products, securitizations, financing, securities, real estate and accounting.  Drew I. Grossman, a litigation associate at the firm, assisted with the article.