A federal judge has ruled that a lawsuit seeking to make a Credit Suisse subsidiary buy back more than $ 1bn dollars in toxic mortgage loans used to purchase securities by a trust was filed in time , stating it was not covered by a five - year statute of limitations .
A US judge has ruled that a lawsuit seeking to make a Credit Suisse unit buy back more than $1bn dollars in toxic mortgage loans used to back securities by a trust was filed in time, stating it was not barred by a six-year statute of limitations.