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Government,
California Courts of Appeal

Apr. 4, 2019

Newsom faces decision after appellate court orders the state to pay $331M

The 3rd District Court of Appeal ordered the state to repay money taken from a national mortgage settlement — for the second time.

Newsom faces decision after appellate court orders the state to pay $331M
Rick L. Richmond, a partner with Jenner & Block LLP, represented a group of plaintiffs that successfully sued to force the state to repay money it took from the National Mortgage Special Deposit Fund.

Will Gov. Gavin Newsom appeal a $331 million judgment in a case he inherited from Gov. Jerry Brown?

That's the question the new governor faces after the 3rd District Court of Appeal ordered -- for the second time -- the state to repay money taken from a national mortgage settlement. National Asian American Coalition e...