Principals Courtney Statfeld, Robert Scheef and Associate Daniel Hendler have secured another monumental win for RMBS investors. Hon. Andrew Borrok of the New York Civil Court has delivered a resounding judgment that compels the recalculation of the trust servicers' termination price concerning the "clean-up call" provision. Trust investors sought to recalculate the call price, as they argued that the trusts that had previously been terminated at a termination price did not include deferred payments. Yesterday, Hon. Andrew Borrok ordered that the Petitioners “are instructed that the calculation of the Termination Threshold and Termination Price for each Trust should include Deferred Principal Balances,” thus canceling today’s scheduled oral arguments.

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