Briggs Wins Famous Culpepper Mortgage Banking Case

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July 5, 2007

MINNEAPOLIS, MINN. (July 5, 2007) – In highly publicized yield spread premium (YSP) case spanning nearly 12 years, Briggs and Morgan, Professional Association, announces the 11th Circuit Court of Appeals’ affirmation of the summary judgment and class decertification granted by the U.S. District Court for the Northern District of Alabama in Culpepper v. Irwin Mortgage Corporation.

The 11th Circuit opinion, which will now be known as Culpepper IV, represents a huge victory for Irwin Mortgage and another appellate win for Briggs’ mortgage banking team.

Members of Briggs and Morgan’s mortgage banking practice group have represented Irwin Mortgage since the lawsuit was first filed in 1996. Briggs’ team was led by Robert J. Pratte and also included attorneys Mark G. SchroederAlan H. MaclinBrent R. LindahlPatrick McDavitt and Margaret K. Savage, among numerous other skilled attorneys and paralegals over the years.

To view case history and the Court’s complete opinion regarding Culpepper v. Irwin Mortgage Corporation , click here.