Legal Opinion
Assured Guaranty Municipal Corp. v. DB Structured Products, Inc.
New York Supreme Court
Decided July 25, 2011PublishedCited by 5 opinions
1Opinion of the Court
OPINION OF THE COURT
Shirley Werner Kornreich, J.
This action arises from an insurance and indemnity agreement (the I&I) between plaintiff Assured Guaranty Municipal Corp.1 (Assured) and various other parties to a securitization transaction of residential mortgage loans. These parties were: defendants DB Structured Products, Inc. (DBSP) and ACE Securities Corp. (ACE); third-party defendant GreenPoint Mortgage Funding, Inc. (GreenPoint); and ACE Home Equity Loan Trust, Series 2006-GP1 (the Trust), which is a nonparty to this action.
In the complaint, Assured alleges, inter alia, that defendants…
2Cases cited16 opinions
- Leon v. MartinezNew York Court of Appeals · 1994
- Guggenheimer v. GinzburgNew York Court of Appeals · 1977
- Rovello v. Orofino Realty Co.New York Court of Appeals · 1976
- Morone v. MoroneNew York Court of Appeals · 1980
- Skillgames v. BrodyAppellate Division of the Supreme Court of the State of New York · 2003
11 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Bank of New York Mellon Trust Co. v. Morgan Stanley Mortgage Capital, Inc.Court of Appeals for the Second Circuit · 2016
- Live Invest, Inc. v. MorganNew York Supreme Court · 2017
- Bank of New York Mellon Trust Co. v. Morgan Stanley Mortgage Capital, Inc.Court of Appeals for the Second Circuit · 2016
- Indian Harbor Insurance Company v. Sarant International Commodities, Inc.District Court, E.D. New York · 2021
- Live Invest, Inc. v. MorganNew York Supreme Court · 2017