Lets not forget some of the trusts in the settlement were established under Delaware law…
(Reuters) –
A day after New York’s attorney general called Bank of America Corp’s (BAC.N) $8.5 billion mortgage-backed securities settlement “unfair” and “inadequate”, another state attorney general hinted he may also oppose the deal.
Delaware Attorney General Beau Biden plans on filing a motion to intervene next week, said an attorney from his office on Friday.
[REUTERS]