Supreme Court Delivers Final Blow to Nomura, RBS MBS Lawsuits, Upholds Earlier Decision
June 29, 2018
The U.S. Supreme Court decided this week that it’s not going to hear an appeal from Royal Bank of Scotland and Nomura Holdings, which were hoping to overturn an $839 million award ruling on an old MBS suit. This puts an end to a drawn out seven-year battle between the government and the two banks.