Judge rules Credit Suisse loan buyback suit was filed on time

A US judge has ruled that a lawsuit seeking to make a Credit Suisse unit buy back more than $1bn dollars in toxic mortgage loans used to back securities by a trust was filed in time, stating it was not barred by a six-year statute of limitations. 

By Jody Godoy (April 4, 2016, 2:07 PM EDT) -- A New York state judge refused to entirely stamp out a suit seeking to make a Credit Suisse AG unit buy back more than $1 billion dollars in toxic mortgage loans used to back securities by a trust, sticking to her holding that the suit met its deadline....

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