United States Sixth Circuit
City of Cleveland v., Ameriquest Mortgage Sec., Inc., 09-3608
In City of Cleveland's public nuisance suit against twenty-two financial entities, claiming that defendants are responsible for a large portion of the subprime lending market in Cleveland and nationally that led to a foreclosure crisis in Cleveland, district court's judgment in favor of the defendants is affirmed where: 1) the joint motion precludes Cleveland from now arguing that the district court should have remanded this suit, and the district court properly permitted this case to proceed in federal court; and 2) the connection between the alleged harm and the alleged misconduct it too indirect to warrant recovery.
Appellate Information
- Argued 04/27/2010
- Decided 07/27/2010
- Published 07/27/2010
Judges
Court
- United States Sixth Circuit
Counsel
- For Appellant:
- Joshua R. Cohen, David F. Adler