Todays Date: Click here to add this website to your favorites
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
D.C.
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wyoming

The city attorney sued Deutsche Bank on Wednesday, claiming the giant international lender illegally evicted tenants from foreclosed properties and left dozens of homes and apartments to rot, many in low-income neighborhoods.

The suit, filed in Los Angeles County Superior Court, accuses the bank of violating federal, state and city laws and seeks potentially hundreds of millions of dollars in reimbursements to the city and to evicted tenants.

The bank's subsidiaries, Deutsche Bank National Trust Co. and Deutsche Bank Trust Company Americas, are the city's largest slumlords, according to the lawsuit.

The city attorney's office contends the bank failed to act properly as trustee to more than 160 homes and other residences with owners who couldn't meet their loan obligations during and after the 2008 international financial meltdown.

"It's time to recognize that the fraud committed on Wall Street turns into blight on Main Street," City Attorney Carmen A. Trutanich said at a news conference.

He said the bank's subsidiaries acted as trustees for trusts composed of mortgage-backed securities involving at least 2,000 properties across the country.

The complaint focuses mainly on properties in low-income areas of the city, specifically South Los Angeles and the northeastern San Fernando Valley, but Trutanich said it could be amended to include more homes if further problems are found.



Attorney Web Design by Law Promo

© Click The Law. All Rights Reserved.

The content contained on the web site has been prepared by Click The Law.
as a service to the internet community and is not intended to constitute legal advice or
a substitute for consultation with a licensed legal professional in a particular case or circumstance.

Oregon Criminal Defense Lawyer | Las Vegas Business Litigation
   Legal Spotlight
   Exclusive Commentaries
   Lawyer & Law Firm Links
Indianapolis Trial Lawyers
Riley Bennett & Egloff
Indiana Trial Lawyers
www.rbelaw.com
Oregon Criminal Defense
Eugene Criminal Defense Lawyer
Coit & Associates, P.C.
www.criminaldefenseoregon.com
Eugene Criminal Defense Lawyer
Eugene DUI, Civil Litigation. Call (541) 338-9111
www.arnoldlawfirm.com
Las Vegas Personal Injury Attorneys
Las Vegas Wrongful Death Attorneys
www.mgalaw.com
Pittsburgh DUI Laywer
Pennsylvania DUI Lawyer
DUI Defens. Call (412) 429-4360
www.gbmlawpittsburgh.com
Houston Auto Accident Lawyers
Houston truck accident attorneys
Houston insurance claim attorneys www.hurtinhouston.com
Palm Beach Construction Law Attorney
Florida Construction Law
Construction Contracts
www.palmbeachconstructionlaw.org
Indiana business litigation attorney
Price Waicukauski & Riley
Indiana Class Action
www.price-law.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
Sydney Criminal Lawyers
Sydney criminal defence lawyers
Criminal Barristers and Solicitors
www.criminallaw.com.au
New York SEC Attorneys
Securities Regulatory Counsel
Securities Litigation Lawyer
www.herskovitslaw.com
   More Legal News  1  2  3  4  5 
   Legal News Links
  Law Firm News
  Law Firm Web Design
   Law Firm Site Links
  Legal Marketing Insight
  Lawyer Websites
  Crisis Legal News
  Law Firm Network
  Chicago Contract Disputes
  Law Firm Logos
  Attorney Website Design
  How to Start a Law Firm
  Lawyer Website Design
  Daily Bar News
  Doctor Criminal Defense