2nd Circuit Refuses To Rehear Appeal Of Standing Ruling For Banks

(August 2, 2017, 3:00 PM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on July 19 denied a petition for rehearing of a decision affirming a district court's ruling that several banks had standing to enforce individual notes and mortgages under New York law and rejecting a bankruptcy trustee's appeal of a district court's summary judgment ruling in favor of the banks (Michael H. Arnold, as Chapter 11 Trustee v. First Citizens National Bank, et al., No. 16-4012, 2nd Cir., 2017 U.S. App. LEXIS 13335)....

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