We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
Lexology logo






  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 36

Assured and UBS agree to settle RMBS litigation for $358 million

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 13 2013

On May 6, monoline insurer Assured Guaranty Ltd. announced a $358 million settlement with UBS and its affiliates stemming from losses on residential

New York appellate court reinstates fraudulent inducement claim against Goldman and M&T Bank

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 13 2013

On May 7, New York's First Department appellate court reinstated CIFG Assurance North America, Inc.'s fraud claim against Goldman Sachs & Co. and M&T

Court issues summary judgment ruling in MBIA’s RMBS action against Countrywide

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 6 2013

On April 29, Justice Eileen Bransten of the New York State Supreme Court issued an opinion granting in part and denying in part competing motions for

District of Massachusetts denies in part JP Morgan's motion to dismiss RMBS investor suit

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • February 19 2013

On February 13, Judge Rya W. Zobel of the District of Massachusetts dismissed in part, but largely sustained, an investor suit brought by Capital

CIFG sues Bank of America over RMBS insurance policies

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • December 3 2012

On November 20, CIFG sued Bank of America in Supreme Court for the State of New York concerning five financial guaranty policies issued in connection with two structured transactions backed by 22 RMBS

Financial industry developments

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • November 5 2012

On November 1, the FHFA announced that it was encouraged by Fannie Mae’s first Real Estate Owned pilot transactions and it made available additional details about the transactions

Federal court rules that insurer may prevail on its representation and warranty claims without proving that the breaches caused loans to default

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • October 1 2012

On September 25, Judge Jed S. Rakoff of the Southern District of New York issued a written opinion denying summary judgment in Assured Guaranty Municipal Corp.’s contract dispute with Flagstar Bank FSB over its insurance policies on nearly $1 billion in mortgage-backed securities backed by home equity loans

Assured sues OneWest Bank in connection with RMBS insurance

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • August 20 2012

On August 9, Assured Guaranty filed suit in California state court against OneWest Bank FSB, claiming that the company’s loan servicing was to blame for $335 million it has paid in insurance claims related to residential mortgage-backed securities

Assured Guaranty sues GMAC entities in connection with RMBS insurance

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 21 2012

On May 11, 2012, Assured Guaranty filed suit in the United States District Court for the Southern District of New York against several GMAC entities alleging that the defendants induced Assured to issue financial guaranty insurance for certain RMBS by making misrepresentations about the underlying mortgage loans

Assured Guaranty and Deutsche Bank settle RMBS claims for $165.6 million

  • Orrick Herrington & Sutcliffe LLP
  • -
  • USA
  • -
  • May 21 2012

On May 10, 2012, Assured Guaranty announced that it had reached a $165.6 million settlement with Deutsche Bank resolving claims related to RMBS transactions issued, underwritten or sponsored by Deutsche Bank that were insured by Assured Guaranty under financial guaranty insurance policies

Current Search

Suggested Facets

Author

Jurisdiction

Workarea

© Copyright 2006-2013 Globe Business Publishing Ltd | Cookies | Disclaimer | Privacy policy