Tag Archives: NCSLT

How Donald Uderitz and NCSLT bond investors found friends in post-Harvey Houston while undergoing three haircuts

LIBOR FIX 2 TEXAS STYLE? A Houston Court of Appeals recently gave National Collegiate Student Loan Trusts three haircuts in three cases for failure to give proper notice of acceleration before suing on them, shaving off a few thousand dollars from … Continue reading

Posted in Banking and Finance law | Tagged , , , , , , , , , , , | Leave a comment

May Student Loan Trust sue in its own name? It may depend on state law – NCSLT 2006-3 v Poole

Except as otherwise provided by law, the trustee of an express trust is the proper plaintiff to sue to enforce a right of the trust estate, under Louisiana's Civil Procedure Code.But when the issue is properly raised in the trial … Continue reading

Posted in Banking and Finance law | Tagged , , , , , , , , | Leave a comment