Second Circuit Breathes New Life Into Class Standing

, New York Law Journal


Michael Carlinsky, a partner at Quinn Emanuel Urquhart & Sullivan, and Alexei Tsybine, an associate at the firm, write that after years of battling major banks over responsibility for the financial meltdown that caused billions of dollars in economic losses, and left millions of homeowners in crisis, class action plaintiffs recently scored a major victory in the U.S. Court of Appeals for the Second Circuit that will make it easier for their broad, class action lawsuits to proceed.

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