Category Archives: General

Release Provision in Settlement Agreement was not Broad Enough to Protect Pre-Agreement Fraudulent Transfers

Rescap Liquidating Tr. v. First California Mortg. Co., No. 18-CV-03283-WHO, 2018 WL 5310795 (N.D. Cal. Oct. 25, 2018) First Capital Mortgage Company (“FCMC”) was a mortgage loan originator. Rescap is successor in interest to Residential Funding Company (“RFC”). RFC purchased approximately 300 loans from FCMC with a face value of about $125,000,000.00. RFC repackaged the … Continue reading Release Provision in Settlement Agreement was not Broad Enough to Protect Pre-Agreement Fraudulent Transfers