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IN RE RESIDENTIAL CAPITAL, LLC

Case No. 12-12020(MG) Jointly Administered Adv. Pro. Case No. 14-01926(MG).

515 B.R. 52 (2014)

IN RE: RESIDENTIAL CAPITAL, LLC, et al., Debtors. Residential Funding Company, LLC, Plaintiff, v. UBS Real Estate Securities, Inc., Defendant.

United States Bankruptcy Court, S.D. New York.

Signed August 25, 2014.

Attorney(s) appearing for the Case

Alexander C. Drylewski , Skadden, Arps, Slate, Meagher & Flom LLP, Attorneys for Defendant UBS Real Estate Securities, Inc., Four Times Square, New York, New York 10036.

Isaac Nesser , Quinn Emanuel Urquhart & Sullivan, LLP, Attorneys for Plaintiff Residential Funding Company, LLC, 51 Madison Avenue, 22nd Floor, New York, New York 10010.

MEMORANDUM OPINION AND ORDER DENYING MOTION TO REMAND

MARTIN GLENN, UNITED STATES BANKRUPTCY JUDGE

Debtor Residential Funding Company, LLC ("RFC") filed this lawsuit against UBS Real Estate Securities, Inc. ("UBS") in the New York State Supreme Court, seeking breach of contract damages and indemnification related to loans UBS sold to RFC. RFC then removed the action to this Court, and UBS now seeks to remand

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