Legal Opinion

MBIA Insurance v. GMAC Mortgage LLC

New York Supreme Court

Decided December 14, 2010PublishedCited by 9 opinions

1Opinion of the Court

OPINION OF THE COURT

Bernard J. Fried, J.

Defendant GMAC Mortgage, LLC moves, pursuant to CPLR 3211 (a) (7), to dismiss counts I (fraud) and II (negligent misrepresentation) of the complaint arguing, inter alia, that these counts are insufficient because MBIA Insurance Corporation is a sophisticated monoline insurer, thereby obligating MBIA to perform due diligence with the mortgage information. GMAC also moves to dismiss count VI (breach of contract — good faith and fair dealing) of the complaint arguing that the breach of the covenant of good faith and fair dealing claim is duplicative of the…

2Cases cited17 opinions

  1. 511 West 232nd Owners Corp. v. Jennifer Realty Co.New York Court of Appeals · 2002
  2. Dalton v. Educational Testing ServiceNew York Court of Appeals · 1995
  3. Kimmell v. SchaeferNew York Court of Appeals · 1996
  4. Kirke La Shelle Co. v. Paul Armstrong Co.New York Court of Appeals · 1933
  5. Goldman v. Metropolitan Life InsuranceNew York Court of Appeals · 2005

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3Cited by9 opinions

  1. Eaves v. Designs for Finance, Inc.District Court, S.D. New York · 2011
  2. Xiaolu "Peter" Yu v. Vassar CollegeDistrict Court, S.D. New York · 2015
  3. Hughes v. Ester C Co.District Court, E.D. New York · 2013
  4. AMUSEMENT INDUSTRY, INC. v. SternDistrict Court, S.D. New York · 2011
  5. Kortright Capital Partners LP v. Investcorp Investment Advisers Ltd.District Court, S.D. New York · 2017

4 more not listed; retrieve them via the Exa API.

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