This article discusses major themes in the growing number of lawsuits relating to the subprime mortgage crisis including the dilemma of how to properly value mortgage-related assets.

Eugene Licker is a partner in the litigation department at Loeb & Loeb LLP, resident in the New York office, and is co-chair of the firm's white collar criminal defense practice group. He can be reached at .

This article was first printed in the April 2008 edition of The Metropolitan Corporate Counsel. Permission for article reprint has been granted.