Bloomberg News

Goldman Sachs Gets Thornburg Mortgage Suit Moved to U.S. Court

January 24, 2012

Jan. 24 (Bloomberg) -- Goldman Sachs Group Inc. won a U.S. District Court judge’s consent to take over a lawsuit filed by the former Thornburg Mortgage, now called TMST, according to a court order filed yesterday. The judge said the defunct firm based its claims on state law contracts, which aren’t the province of bankruptcy courts.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Glenn Holdcraft at gholdcraft@bloomberg.net


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