{"id":5353,"date":"2025-04-18T07:22:09","date_gmt":"2025-04-18T07:22:09","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/icahns-lawsuit-against-commercial-mortgage-backed-securities-loan-special-servicer-clears-hurdle\/"},"modified":"2025-04-18T07:22:09","modified_gmt":"2025-04-18T07:22:09","slug":"icahns-lawsuit-against-commercial-mortgage-backed-securities-loan-special-servicer-clears-hurdle","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/icahns-lawsuit-against-commercial-mortgage-backed-securities-loan-special-servicer-clears-hurdle\/","title":{"rendered":"Icahn&#8217;s Lawsuit Against Commercial Mortgage-Backed Securities Loan Special Servicer Clears Hurdle"},"content":{"rendered":"\n<div data-v-e97bc92c=\"\">\n<div data-v-e97bc92c=\"\">\n<p>A state court cleared billionaire Carl Icahn to continue his battle against special servicers for commercialized mortgage-backed securities loans, finding that the activist investor had standing to sue a servicer over its handling of a distressed $73 million mortgage for a Nevada shopping mall.<\/p>\n<\/div>\n<p>  <!----> <!----> <!----><\/p>\n<div data-v-e97bc92c=\"\">\n<p>Judge Mark Denton of the Las Vegas-based District Court in Clark County, Nevada found that two of Icahn\u2019s businesses\u2014Icahn Partners LP and Icahn Partners Master Fund LP\u2014had properly alleged that Rialto Capital Advisors LLC\u2019s handling over the loans had specifically impacted Icahn, which held the majority of one class of bonds.<\/p>\n<\/div>\n<p> <!----> <!----> <!----> <!----><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A state court cleared billionaire Carl Icahn to continue his battle against special servicers for commercialized mortgage-backed securities loans, finding that the activist investor had standing to sue [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[4405,3563,5563,5560,303,5093,5561,1644,5562,3439],"class_list":["post-5353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-clears","tag-commercial","tag-hurdle","tag-icahns","tag-lawsuit","tag-loan","tag-mortgagebacked","tag-securities","tag-servicer","tag-special"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/5353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=5353"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/5353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/5354"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=5353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=5353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=5353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}