Ambac Complaint

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Ambac Assurance Corp.

    https://ambac.com/legal_docs.asp
    Ambac Financial Group, Inc. and/or its subsidiaries (“Ambac”) may from time to time post documents related to selected legal proceedings in which they are a plaintiff. Ambac is not undertaking an obligation to post all documents for each proceeding or an obligation to revise or update them to reflect changes in events or expectations.

2013 - ambac.com

    https://www.ambac.com/pdfs/AmbacvNomuraComplaintFiled.pdf
    Plaintiffs Ambac Assurance Corporation ("Ambac") and the Segregated Account of Ambac Assurance Corporation (the "Segregated Account," collectively with Ambac, "Plaintiffs"), for their complaint against Defendants Nomura Credit & Capital, Inc. ("NCCI") and Nomura Holding America Inc. ("Nomura Holding"), allege as follows: NATURE OF ACTION

US Bank Seeks Win On Ambac's Last Trust Insurer Claim - Law360

    https://www.law360.com/articles/1235852/us-bank-seeks-win-on-ambac-s-last-trust-insurer-claim
    Jan 21, 2020 · Ambac filed a complaint in June 2018 accusing U.S. Bank of breaching its duties to the Harborview Mortgage Loan Trust 2005-10, which allegedly suffered hundreds of millions of dollars in ...Author: Dean Seal

Segregated Account of Ambac Assurance Corp. v. Countrywide ...

    https://law.justia.com/cases/wisconsin/supreme-court/2017/2015ap001493.html
    Countrywide Home Loans, Inc. petitioned this court for review of an unpublished decision of the court of appeals,1 which held that Countrywide consented to general personal jurisdiction in Wisconsin when it appointed a 1 Segregated Account of Ambac Assurance Corp. v. Countrywide Home Loans, Inc.,

Ambac Assurance Corp. v. US Bank ... - New York Law Journal

    https://www.law.com/newyorklawjournal/almID/1516376322NY17CV446/
    Ambac moved for a preliminary injunction to bar U.S. Bank from accepting the amended proposed settlement shortly after this complaint was filed, (Doc. 16), and the bank moved to dismiss the ...

Ambac Assurance Corp. v. Commonwealth of Puerto Rico, No ...

    https://law.justia.com/cases/federal/appellate-courts/ca1/18-1214/18-1214-2019-06-24.html
    Jun 26, 2019 · Ambac Assurance Corp. v. Commonwealth of Puerto Rico, No. 18-1214 (1st Cir. 2019) ... For the foregoing reasons, the judgment is affirmed. 4 In its First Amended Complaint, Ambac alleges that the Bank of New York Mellon has not applied approximately $69 million in funds that it is holding in trust for HTA bondholders, citing AAFAF's letter ...

Ambac Suit a Long Shot Bond Buyer

    https://www.bondbuyer.com/news/ambac-suit-a-long-shot
    Aug 21, 2009 · SAN FRANCISCO — Ambac Financial Services LLC faces an uphill battle in ... Ambac Suit a Long Shot ... equivalent to the terminated transactions," Ambac said in its complaint.

Securities Class Action Clearinghouse: Case Page

    http://securities.stanford.edu/filings-case.html?id=105848
    Jun 28, 2016 · According to the law firm press release, the complaint alleges that throughout the Class Period, Ambac made materially false and misleading statements and omitted material facts concerning the Company’s losses and loss exposure on its public …

Puerto Rico flooded with lawsuits as Promesa stay ends ...

    https://caribbeanbusiness.com/bondholders-sue-puerto-rico-after-promesas-stay-expired/
    May 02, 2017 · Ambac Complaint. Ambac says that as a result of the conduct there will be further payment defaults by each of the entities, in addition to prior payment defaults by Puerto Rico’s Infrastructure Financing Authority (PRIFA) and Highways & Transportation Authority (HTA).

Ambac Assurance Corporation, et al ... - New York Law Journal

    https://www.law.com/newyorklawjournal/almID/1530207326NYNo79/
    Ambac’s complaint fails to include breach of contract allegations beyond those that fall under the sole remedy provision of Section 2.01 (l), and accordingly Ambac is limited to the repurchase ...

Ambac Drops Bombshell Proposed Amended Complaint on JP ...

    http://www.subprimeshakeout.com/2011/01/ambac-drops-bombshell-proposed-amended-complaint-on-jp-morgan-emc-2.html
    Jan 25, 2011 · In a pleading filled with allegations that can only be described as shocking, Ambac has accused Bear Stearns and its former subsidiary EMC Mortgage (both now owned by JP Morgan) of a parade of horribles in its proposed amended complaint in its case ove ...

Securities Class Action Clearinghouse: Case Page

    http://securities.stanford.edu/filings-case.html?id=104201
    Dec 24, 2008 · Specifically, the complaint alleges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by issuing a series of false and misleading statements concerning the financial results and operations of Ambac Financial Group, Inc.

Milbank Secures Class Action Dismissal for Ambac Financial ...

    https://www.milbank.com/en/news/milbank-secures-class-action-dismissal-for-ambac-financial-group.html
    Sep 07, 2017 · On September 5, 2017, Judge Richard M. Berman of the Southern District of New York issued a 37-page opinion rejecting all claims against the defendants, which he noted were contained in a 241-page Amended Complaint, agreeing with Ambac and the individual defendants that (1) the complaint lacked allegations of any actionable misstatement or ...

Ambac assurance corporation vs. emc and bear stearns complaint

    https://www.slideshare.net/umesh1989/ambac-assurance-corporation-vs-emc-and-bear-stearns-complaint
    Jan 30, 2013 · In November2008, Ambac commenced a breach-of-contract action against EMC in federal court in New York, with subject matter jur-isdiction based on the diversity of the parties. After securing discovery of Bear Stearns files, Ambac moved to amend itscomplaint to assert additional claims and join Bear, Stearns & Co. (now JP Morgan) as a defendant.

AMBAC ASSURANCE CORPORATION v. Bank of America ... - Findlaw

    https://caselaw.findlaw.com/ny-court-of-appeals/1898456.html
    Jun 27, 2018 · Ambac's complaint fails to include breach of contract allegations beyond those that fall under the sole remedy provision of Section 2.01(l), and accordingly Ambac is limited to the repurchase protocol as the potential remedy for those claims. 5

NPS LLC v. Ambac Assur. Corp., 706 F. Supp. 2d 162 ...

    https://www.courtlistener.com/opinion/2541011/nps-llc-v-ambac-assur-corp/
    [4] Several statements by Ambac are identified in the Complaint, such as Ambac's statement that it had a "Triple-A Guarantee" and that Ambac's AAA credit rating would remain secure together with statements about Ambac's approach to underwriting and about its claims-paying resources. (Compl. ¶¶ …

Ambac Petition Appendix 9.21 - supremecourt.gov

    https://www.supremecourt.gov/DocketPDF/19/19-387/116693/20190923150450929_Ambac%20Petition%20Appendix.pdf
    [Ambac’s] complaint and draw all reasonable inferences in [its] favor.” Maloy v. Ballori-Lage, 744 F.3d 250, 251 (1st Cir. 2014). HTA develops, operates, and maintains Puerto Rico’s highways and transportation infrastructure. It has the ability to issue bonds to finance its operations pursuant to the Puerto Rico Highways ...

A very messy Ambac lawsuit for JPMorgan FT Alphaville

    https://ftalphaville.ft.com/2011/01/25/468916/a-very-messy-ambac-lawsuit-for-jpmorgan/
    Ambac wants to amend its complaint to include a fraud charge. From one of the court filings: The parties have engaged in extensive discovery, which has included millions of pages of documents and ...

Ambac sues Bank of America over Countrywide mortgage bonds ...

    https://www.reuters.com/article/us-bankofamerica-ambac-lawsuit-idUSKBN0K90YO20141231
    Dec 31, 2014 · In a complaint filed on Tuesday in a New York state court in Manhattan, Ambac accused Countrywide of lying about how well it underwrote so-called …

Credit Suisse Seeks Ambac Fraud Lawsuit Dismissal - Bloomberg

    https://www.bloomberg.com/news/articles/2010-07-12/credit-suisse-units-want-ambac-lawsuit-over-mortgage-deals-dismissed
    Jul 13, 2010 · Ambac said that a Credit Suisse unit misstated the attributes of securitized loans and the underwriting guidelines used to select them, Ambac Assurance said in the complaint filed Jan. 12 in ...



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