Legal Opinion
MBIA Ins. Corp. v. Royal Bank of Canada
District Court, S.D. New York
Decided December 30, 2009No. Case 09-CV-5044 (KMK)PublishedCited by 73 opinions
1Opinion of the Court
OPINION AND ORDER
KENNETH M. KARAS, District Judge:
Defendants Royal Bank of Canada (“RBC”) and RBC Capital Markets Corporation (“RBCCMC”) removed the present action from state court. Plaintiffs MBIA Insurance Corporation (“MBIA”) and LaCrosse Financial Products, LLC (“LaCrosse”) move to remand this case back to state court and for attorneys’ fees.
For the reasons stated herein, Plaintiffs’ Motion to Remand is granted, but their Motion for Attorneys’ Fees is denied.
I. Background
A. Factual Background
Plaintiffs’ principal places of business are in Westchester, New York. (Chun Aff. Ex. A at 1.)…
2Cases cited66 opinions
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- Murphy Brothers, Inc. v. Michetti Pipe Stringing, Inc.Supreme Court of the United States · 1999
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