Sitrick and Company is representing mediator Eric Green as he serves as the independent monitor of $7B of Bank of America's $16.65B Justice Department settlement to aid struggling homeowners.

eric greenGreen, who mediated the Microsoft-Justice Dept. anti-trust deal in 2001, released an initial report this week, noting BOA has forgiven about $12M in mortgage principal from 100 underwater homeowners, worth a credit of about $9M against BOA's $7B consumer relief tab. He called his initial examination a "test drive."

New York-based Thomas Mulligan and Angela Pruitt of Strick rep Green on the PR front. Green is a principal of Boston mediation firm Resolutions LLC.

BOA has until Aug. 31, 2018 to provide the $7B in relief via loan modifications, new loans to low and moderate-income borrowers, and donations to community reinvestment efforts, among other avenues.

Said Green: "The bank is extending relief to tens of thousands of homeowners, and in coming months we should get a clearer picture of how quickly the bank has delivered on its consumer relief obligations, how much of what kind of relief has been delivered, and where relief has been distributed."