About It looks like MERS has won another case, this time in Nevada. In the case of Volkes vs. BAC Home Loans Servicing the court ruled in favor of the defendant.
The Nevada Supreme court ruled that the MERS assignment was valid.
It was not clearly erroneous for the district court to determine that
the MERS assignment was valid.
The appellants also claimed BAC did not participate in mediation in good faith, but that claim was apparently not included for judicial review.
Apparently this link is to an unpublished order, and cannot be considered precedent.
Read the order: http://www.buckleysandler.com/uploads/104/doc/volkes-v-bac-2-24-12.pdf