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CHASE BANK USA, N.A. v. CITY OF CLEVELAND

Nos. 10-4115, 10-4116.

695 F.3d 548 (2012)

CHASE BANK USA, N.A., JPMorgan Chase Bank, N.A., JPMorgan Mortgage Acquisition Corp., and J.P. Morgan Securities, Inc., Plaintiffs-Appellants/Cross-Appellees, v. CITY OF CLEVELAND, Defendant-Appellee/Cross-Appellant.

United States Court of Appeals, Sixth Circuit.

Decided and Filed: September 26, 2012.

Attorney(s) appearing for the Case

ON BRIEF: Isaac Schulz, Michael N. Ungar, Richik Sarkar, Ulmer & Berne, LLP, Cleveland, Ohio, for Appellants/Cross-Appellees. Joshua R. Cohen, Cohen Rosenthal & Kramer, LLP, Cleveland, Ohio, for Appellees/Cross-Appellants.

Before: MOORE and GRIFFIN, Circuit Judges, and QUIST, District Judge.

OPINION

KAREN NELSON MOORE, Circuit Judge.

The foreclosure crisis that swept the nation in the latter half of the past decade hit Cleveland particularly hard. It also led to this litigation. Though this case has as its background such weighty factual topics as subprime-mortgage lending, foreclosures, and the precarious economic state of the post-industrial Midwest, the issue at stake in this appeal is solely procedural. Our task is to determine whether the...

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