In a Monday court filing, Walnut Place withdrew its opposition to Bank of America Corp (NYSE:BAC)'s $8.5 billion proposed settlement with Countrywide mortgage-backed securities investors.
Walnut Place is more fondly known as a name utilized by hedge fund manager, Seth Klarman's, Boston-based Baupost Group.
The filing came in a New York-based courtroom, and the reason for the withdrawal wasn't stated
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
