LaSalle Bank National Ass'n v. Nomura Asset Capital Corp.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the Trustee had such customary powers when “[section 2.01 of the PSA state[d] that ASC ‘does hereby sell, transfer, assign, set over and otherwise convey to the Trustee [LaSalle] ... all the right, title, and interest’ that ASC then held in the mortgages.”
• finding a trustee was a real party in interest when “it is clear that [the trustee] is a traditional trustee who simply contractually delegated some of its duties”
• declining to dismiss for diversity jurisdiction where a party was mistakenly included in pleading

Source: CourtListener parenthetical corpus (CC0).