Legal Opinion

Ambac Assurance Corporation v. US Bank National Association

District Court, S.D. New York

Decided September 30, 2022No. 1:17-cv-02614Unknown

1Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK AMBAC ASSURANCE CORPORATION, Plaintiff, 17 Civ. 2614 (PAE) (KHP) ~ OPINION & | U.S. BANK NATIONAL ASSOCIATION, ORDER Defendant. PAUL A. ENGELMAYER, District Judge: “This is another of the seemingly-endless stream of derivative actions brought by plaintiffs who lost money that had been invested in residential mortgage-back securities (‘RMBS’) when the housing market collapsed.” Bakal v. U.S. Bank Nat’l Ass’n,

747 F. App’x 32, 34 (2d Cir, 2019) (summary order) (internal quotation marks omitted). This particular case turns on the…

2Cases cited48 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Barnhart v. ThomasSupreme Court of the United States · 2003
  4. Hicks v. BainesCourt of Appeals for the Second Circuit · 2010
  5. Wright v. GoordCourt of Appeals for the Second Circuit · 2009

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