Julie Pearlman

Managing Associate

New York


Read full biography at www.orrick.com

Julie is an associate with the Public Policy Group in Orrick’s New York office.

Julie helps clients facing state legislative and regulatory challenges develop and implement public policy campaigns across the country. As part of these efforts, she works with company representatives and lobbyists to develop state legislative strategies on complex issues, draft and provide testimony, create advocacy materials, and educate key stakeholders.

Posts by: Julie Pearlman

U.S. Bank and UBS Reach $850M Settlement in RMBS Put-Back Action

 

On July 25, 2018, U.S. Bank NA and UBS AG announced they had reached an $850 million settlement in connection with a dispute over loans in three residential mortgage-backed securities trusts. U.S. Bank filed suit against UBS in the Southern District of New York in 2012 seeking $2 billion for UBS’s alleged breach of representations and warranties about those loans. Following a three-week bench trial in 2016, U.S. District Judge P. Kevin Castel held that UBS had breached representations and warranties in certain respects and appointed special master Barbara S. Jones to review breach allegations concerning thousands of individual loans and issue a recommendation regarding liability and damages as to each loan. Order.