California Unfair Competition Law

Los Angeles Sues Deutsche Bank For Failing to Maintain Los Angeles Properties

On May 4, 2011, the Los Angeles City Attorney’s Office filed a civil enforcement action against Deutsche Bank, as trustee of various mortgage loan trusts, for violations of the California Unfair Competition Law and the Los Angeles Municipal Code. The complaint, filed in California state court, alleges that over the past four years Deutsche Bank took title as trustee of more than 2,000 residential properties in the City of Los Angeles through foreclosure and then created public nuisances by failing to properly maintain them. The City also claims that Deutsche Bank illegally forced tenants from their homes, primarily in low-income areas, after taking title through foreclosure. The City seeks restitution, civil penalties, and an injunction from further violations of the law. Complaint (Part 1). Complaint (Part 2).