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15 Apr 2023, 6:00 am by Public Employment Law Press
The omission of similar language with respect to remediation services "must be deemed an intentional choice of the parties" (Ambac Assur. [read post]
15 Apr 2023, 6:00 am by Public Employment Law Press
The omission of similar language with respect to remediation services "must be deemed an intentional choice of the parties" (Ambac Assur. [read post]
12 Jul 2020, 6:07 pm by Francis Pileggi
Only Wilmington Trust, the “owner trustee” for the National Collegiate funds, had the authority, with the deal also needing the support of note insurer Ambac Assurance Corp. [read post]
15 Jan 2020, 3:00 am by Ed. Microjuris.com Puerto Rico
La demanda interpuesta por las aseguradoras Assured y Ambac, entre otras, no será considerada por el más alto foro judicial de Estados Unidos (Washington DC) El Tribunal Supremo de los Estados Unidos se negó este lunes a revisar la demanda presentada por las firmas de bonistas Assured Guaranty Corporation y Ambac Assurance Corporation contra el ... [read post]
9 Jul 2018, 2:03 pm by Aaron Rubin
  On June 27, 2018, the New York Court of Appeals ruled that Ambac Assurance Corporation (“Ambac“) could not recover the full $2.2 billion in damages it sought in the form of claim payouts on $25 billion worth of securitized mortgages from Countrywide Home Loans, Inc. [read post]
18 Jun 2018, 2:02 pm by Paul Rugani
  On June 8, 2018, monoline insurer Ambac Assurance Corporation (“Ambac“) filed a complaint in the United States District Court for the Southern District of New York against U.S. [read post]
3 Apr 2018, 6:50 am by Wolfgang Demino
Kollmeyer Email: kkollmeyer@jonesday.comPRO HAC VICEATTORNEY TO BE NOTICEDV.IntervenorAmbac Assurance Corporationrepresented byKurt M. [read post]
15 Nov 2017, 7:39 pm by Wolfgang Demino
No. 17-cv-01323 (GMS)PLAINTIFF CONSUMER FINANCIAL PROTECTION BUREAU’SCONSOLIDATED RESPONSE TO MOTIONS TO INTERVENEPlaintiff Consumer Financial Protection Bureau (“Bureau”) hereby responds to the motions to intervene filed by Ambac Assurance Corporation (“Ambac”) (D.I. 4); Transworld Systems Inc. [read post]
15 Nov 2017, 7:39 pm by Wolfgang Demino
No. 17-cv-01323 (GMS)PLAINTIFF CONSUMER FINANCIAL PROTECTION BUREAU’SCONSOLIDATED RESPONSE TO MOTIONS TO INTERVENEPlaintiff Consumer Financial Protection Bureau (“Bureau”) hereby responds to the motions to intervene filed by Ambac Assurance Corporation (“Ambac”) (D.I. 4); Transworld Systems Inc. [read post]
17 Sep 2017, 7:30 pm by Wolfgang Demino
  Ambac Assurance Corporation is expected to issue a note guaranty insurance policy in conjunction with the notes to be issued by each trust. [read post]
3 May 2017, 7:20 am by Ed. Microjuris.com Puerto Rico
Another suit was filed by Ambac Assurance Corporation, one of the main insurers of Puerto Rico’s debt instruments. [read post]
22 Feb 2017, 10:30 am by Ed. Microjuris.com Puerto Rico
A su vez, la Junta de Supervisión Fiscal (“Junta”), Ambac Assurance Company (“Ambac”), Fondos de Puerto Rico (“Fondos”) y otros bonistas de COFINA presentaron sendas mociones para intervenir en el litigio. [read post]
1 Feb 2016, 10:16 am by Katie Lieberg Stowe
On Monday, January 25, 2016, monoline insurer Ambac Assurance Corporation (“Ambac”) reached a $995 million settlement with J.P. [read post]
12 Jan 2016, 9:16 am by Lorraine McGowen
Monolline Insurers Challenge Puerto Rico’s Exercise of ClawBack Rights On January 7, 2016, Assured Guaranty Corp., Assured Guaranty Municipal Corp. and Ambac Assurance Corporation (collectively, the “Monolines”) commenced an action in the United States District Court for the District of Puerto Rico against the Governor of Puerto Rico and certain other officials in an action styled under the caption Assured Guaranty Corp. et. al… [read post]