2019 new york - in re 278 rmbs trustsinre278rmbstrusts.com/content/documents/ecf 53... ·...

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SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK : In the matter of the application of : : THE BANK OF NEW YORK MELLON, in its : Capacity as Trustee for 278 Residential Mortgage- : Backed Securitization Trusts, : : Index No. 150738/2019 Petitioner, : For Judicial Instructions Under CPLR Article 77 : Concerning the Proper Pass-Through Rate : Calculation for CWALT Interest Only Senior : Certificates. : : AFFIRMATION REGARDING COMPLIANCE WITH ORDER TO PROVIDE SUPPLEMENTAL NOTICE I, Christopher J. Houpt, an attorney admitted to practice in the courts of the State of New York, affirm under penalty of perjury as follows: 1. I am a partner in the law firm of Mayer Brown LLP, attorneys for Petitioner The Bank of New York Mellon ("BNYM" or "Trustee"). I submit this affirmation as proof of compliance with the Order to Provide Supplemental Notice entered May 22, 2019 (the "May 22 Order"), requiring BNYM to provide certain further forms of notice of this proceeding pursuant to CPLR § 7701 concerning the Covered Trusts¹ (the "Article 77 Proceeding"). 2. Paragraph 3 of the May 22 Order required BNYM to provide Supplemental Notice within 7 days of the date of the May 22 Order by: (a) mailing, by first-class, registered mail, a copy of the Supplemental Notice to: (i) all Certificateholders listed on the certificate registry for the Covered Trusts; and (ii) any Certificateholder of the Covered Trusts (or its counsel) of which Petitioner has actual 1 Capitalized terms used, but not defined, herein have the meanings assigned to them in the May 22 Order. FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019 NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019 1 of 9

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Page 1: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

SUPREME COURT OF THE STATE OF NEW YORK

COUNTY OF NEW YORK

:

In the matter of the application of :

:

THE BANK OF NEW YORK MELLON, in its :

Capacity as Trustee for 278 Residential Mortgage- :

Backed Securitization Trusts, :

: Index No. 150738/2019

Petitioner, :

For Judicial Instructions Under CPLR Article 77 :

Concerning the Proper Pass-Through Rate :

Calculation for CWALT Interest Only Senior :

Certificates. :

:

AFFIRMATION REGARDING COMPLIANCE WITHORDER TO PROVIDE SUPPLEMENTAL NOTICE

I, Christopher J. Houpt, an attorney admitted to practice in the courts of the State of New

York, affirm under penalty of perjury as follows:

1. I am a partner in the law firm of Mayer Brown LLP, attorneys for Petitioner The

Bank of New York Mellon("BNYM"

or "Trustee"). I submit this affirmation as proof of

compliance with the Order to Provide Supplemental Notice entered May 22, 2019 (the "May 22

Order"), requiring BNYM to provide certain further forms of notice of this proceeding pursuant to

CPLR § 7701 concerning the CoveredTrusts¹

(the "Article 77 Proceeding").

2. Paragraph 3 of the May 22 Order required BNYM to provide Supplemental Notice

within 7 days of the date of the May 22 Order by:

(a) mailing, by first-class, registered mail, a copy of the Supplemental Notice

to: (i) all Certificateholders listed on the certificate registry for the Covered Trusts; and (ii)

any Certificateholder of the Covered Trusts (or its counsel) of which Petitioner has actual

1 Capitalized terms used, but not defined, herein have the meanings assigned to them in the May 22 Order.

FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

1 of 9

Page 2: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

knowledge; and (iii) any Certificateholder of the Covered Trusts (or its counsel) that has

requested such papers from the Trustee;

(b) electronically transmitting the Supplemental Notice to The Depository

Trust Company ("DTC"), which will post the Supplemental Notice in accordance with its

established procedures; and

(c) electronically posting a copy of the Supplemental Notice on the Trustee's

investor reporting website and posting all papers subsequently filed in this proceeding on

http://www.inre278rmbstrusts.com.

3. Paragraph 2 of the May 22 Order required BNYM to provide notice of the Article

77 Proceeding and the Final Hearing within 21 days of the date of the May 22 Order by publicizing

the Supplemental Notice in the online version of the Wall Street Journal for at least one business

day per week for two consecutive weeks.

4. Mailed Notice: On May 23 and 24, 2019, a packet containing a copy of the

Supplemental Notice was mailed by first-class, registered mail to the Certificateholders listed on

the certificate registry for the Covered Trusts.

5. On May 28, 2019, the same packet was mailed by first-class, registered mail to

counsel for the plaintiffs in (i) American Fidelity Assurance Company v. The Bank of New York

Mellon, Case No. 11-cv-01284 (W.D. Okla.); (ii) BlackRock et al v. The Bank ofNew York Mellon,

Case No. 14-cv-9372 (S.D.N.Y.); (iii) Commerzbank A.G. v. The Bank ofNew York Mellon & The

Bank of New York Mellon Trust Company, N.A., Case No. 15-cv-10029 (S.D.N.Y.); (iv) Knights

of Columbus v. The Bank of New York Mellon, Index No. 651442/2011 (Sup. Ct. N.Y. Cnty.);

(v) Pacific Life Insurance Company, et al. v. The Bank of New York Mellon, 17-cv-1388

(S.D.N.Y.); (vi) Silian Ventures LLC v. The Bank of New York Mellon, Case No. 18-cv-11763

(S.D.N.Y.); and (vii) The Western & Southern Life Insurance Co. v. The Bank ofNew York Mellon,

FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

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Page 3: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii) include parties

that have alleged that they are Certificateholders in one or more of the Covered Trusts.

6. Electronic Notice: On May 23, 2019, BNYM provided the Supplemental Notice to

DTC, which posted the Supplemental Notice to Certificateholders in accordance with DTC's

established procedures.

7. Investor Reporting Website: On May 23, 2019, BNYM posted the Supplemental

Notice on its investor reporting website. The website address is https://getinvestorreporting.-

bnymellon.com.

8. Wall Street Journal: On May 28, 2019, BNYM caused an advertisement stating

"If you have an interest in CWHL or CWALT Residential Mortgage Securitization Trusts created

during the period 1998-2008, a pending court proceeding may affect yourrights"

to be published

in the online version of the Wall Street Journal (the "WSJ Banner Ad"). The WSJ Banner Ad

contains a link to http://www.inre278rmbstrusts.com (the "Notice Website"). The Notice Website

provides access to (i) the Supplemental Notice, (ii) a list of the Covered Trusts, (iii) contact

information for the Trustee, and (iv) all documents filed in the Article 77 Proceeding to date.

9. Attached hereto as Exhibit A are illustrations of the WSJ Banner Ad. As noted on

the illustrations, the WSJ Banner Ad consists of three text frames. The first two frames are visible

for six seconds before advancing and the final frame is visible for three seconds before the cycle

repeats.

10. Attached hereto as Exhibit B are screenshots showing the WSJ Banner Ad as

displayed in the online version of the Wall Street Journal. The first three pages of Exhibit B show

the 300x250 size format at each stage of its cycle. The final three pages of Exhibit B show the

728x90 size format at each stage of its cycle.

FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

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Page 4: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

11. The WSJ Banner Ad was displayed in the online version of the Wall Street Journal

from May 28 to June 10, 2019.

Dated: June 17, 2019

New York, New York

By: /s/ Christopher J. Houpt

Christopher J. Houpt

FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

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Page 5: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

Exhibit A

FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

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Page 6: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

72Sx90 Online Display Banner for WSLcom-

Frame 1: Visible for 6 seconds.

If you have an interest in CWHL or CWALT

Residential Mortgage Securitization Trusts

Frarne 2: Visible for 6 seconds.

created during the period 1998-20D8,

a pending court proceeding may affect your rights.

Frarne 3: Visible for 3 seconds.

Click here for more information.

www.[nRe278RMBSTrusts.com

300x25tl Online Display Banner for WSicom -

Frarne 1: Visible for 6 seconds. Frarne 2: Visible for 6 seconds

If you have an interest created during the

in CWHL or CWALT period 1998 -2008,

Residential Mortgage a pending court

Securitization Trusts proceeding may affect

your rights.

Frarne 3: Visible for 3 seconds.

Click here for more

information.

www.tnRe278RMBSTrusts.com

FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

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Page 7: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

Exhibit B

FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

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Page 8: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

THE WALL STREET J0URNAL

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FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

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Page 9: 2019 NEW YORK - In Re 278 RMBS Trustsinre278rmbstrusts.com/Content/Documents/ECF 53... · 2020-03-31 · Case No. A 1302490 (Ohio). The plaintiffs in the aforementioned cases (i)-(vii)

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FILED: NEW YORK COUNTY CLERK 06/17/2019 05:56 PM INDEX NO. 150738/2019

NYSCEF DOC. NO. 53 RECEIVED NYSCEF: 06/17/2019

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