Legal Opinion

MBIA Insurance v. Royal Indemnity Co.

District Court, D. Delaware

Decided October 8, 2003No. CIV.A.02-1294-JJFPublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM OPINION

FARNAN, District Judge.

Currently pending before the Court is a Motion for Partial Summary Judgment filed by the Plaintiffs, Wells Fargo Minnesota, N.A. (“Wells Fargo”) and MBIA Insurance Corporation (“MBIA”) (D.I.12). For the reasons discussed below, the motion will be granted.

I. Facts

This breach of contract case involves eight insurance policies issued by Defendant Royal Indemnity Company (“Royal”) in connection with several thousand student loan transactions purchased by Student Finance Corporation (“SFC”). There is a great deal of background in this case, and therefore, I…

2Cases cited16 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  3. Reeves v. Sanderson Plumbing Products, Inc.Supreme Court of the United States · 2000
  4. Goodman v. Mead Johnson & Co.Court of Appeals for the Third Circuit · 1976
  5. Cunningham v. BrownSupreme Court of the United States · 1924

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3Cited by6 opinions

  1. Mbia Insurance Corporation Wells Fargo Bank Minnesota, N.A., as Trustee of Sfc Grantor Trust, Series 2000-1, Sfc Grantor Trust, SeriesCourt of Appeals for the Third Circuit · 2005
  2. Westchester Day School v. Village of MamaroneckDistrict Court, S.D. New York · 2005
  3. MBIA Insurance v. Royal Indemnity Co.District Court, D. Delaware · 2004
  4. Arrowood Indemnity Co. v. Hartford Fire InsuranceDistrict Court, D. Delaware · 2011
  5. MBIA Ins Corp v. Royal Indemnity CoCourt of Appeals for the Third Circuit · 2006

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