ABN AMRO Bank, N.V. v. MBIA Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Freedman, J.
Plaintiffs are institutions that hold insurance policies issued by defendant MBIA Insurance Corporation (MBIA Insurance), which along with the other defendants form a conglomerate. By this plenary action, plaintiffs challenge the restructuring of the conglomerate in 2009, which the Superintendent of the New York State Insurance Department had approved. Plaintiffs claim that the restructuring amounted to a fraudulent conveyance *240that left MBIA Insurance undercapitalized and potentially unable to pay out on plaintiffs’ future claims on their policies. The…
2Cases cited14 opinions
- IDT Corp. v. Morgan Stanley Dean Witter & Co.New York Court of Appeals · 2009
- Cuomo v. Long Island Lighting Co.New York Court of Appeals · 1988
- Matter of City of Ny (Grand Lafayette)New York Court of Appeals · 2006
- Sohn v. CalderonNew York Court of Appeals · 1991
- Sheridan Broadcasting Corp. v. Sydney SmallAppellate Division of the Supreme Court of the State of New York · 2005
9 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- ABN AMRO Bank, N.V. v. MBIA Inc.New York Court of Appeals · 2011
- ALT Hotel, LLC v. DiamondRock Allerton Owner, LLC (In re ALT Hotel, LLC)United States Bankruptcy Court, N.D. Illinois · 2012
- MBIA Inc. v. Certain Underwriters at Lloyd's, LondonDistrict Court, S.D. New York · 2014
- Van Amburgh v. BoadleAppellate Division of the Supreme Court of the State of New York · 2024
- Van Amburgh v. BoadleAppellate Division of the Supreme Court of the State of New York · 2024
6 more not listed; retrieve them via the Exa API.