Morgan Syncora suit was rejected

A relief, jpmorgan chase (JPM), according to bloomberg, Syncora guarantee company filed lawsuit has been rejected. The suit was filed new court in Manhattan, New York state Supreme Court. When submitted in 2011 cases, Syncora accused j.p. Morgan signed prior to provide misleading information about interest and principal repayment related $666 million of bonds (mortgage GreenPoint capital insurance agreement trust HE1-2007) was founded in 2007, is a stock 9871 loan support. Syncora, therefore, have to take out more than $168600000, to solve the injured party's claim for compensation, in 2012, jpmorgan chase, trying to undo the decision of the case said Syncora has filed a lawsuit in the United States district court claim. In May 2012, however, the judge Charles ramos dominated the request of the company. Now, in a Manhattan appeal court cases, reverse justice Charles ramos's decision, in July 2012, the U.S. company (BAC) bank agreed to pay $375 million

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