Legal Opinion
AMBAC Indemnity Corp. v. Bankers Trust Co.
New York Supreme Court
Decided March 22, 1991PublishedCited by 16 opinions
1Opinion of the Court
OPINION OF THE COURT
Harold Baer, Jr., J.
Plaintiff AMBAC Indemnity Corp. (AMBAC) moves, pursuant to CPLR 3124, to compel defendant Bankers Trust Company (Bankers Trust) to produce 18 documents demanded by plaintiff but withheld by defendant on the ground of attorney-client privilege and to answer questions at depositions about legal advice rendered to defendant. At issue is whether beneficiaries of a trust may discover communications about trust affairs between an indenture trustee and its attorneys.
AMBAC issues insurance to secure the prompt and unconditional payment of principal and interest…
2Cases cited11 opinions
- Hazzard v. Chase National BankNew York Supreme Court · 1936
- Quintel Corp., N v. v. Citibank, N.A.District Court, S.D. New York · 1983
- Hazzard v. Chase N. Bk. C. of N.Y.New York Court of Appeals · 1940
- Hoopes v. CarotaNew York Court of Appeals · 1989
- Hoopes v. CarotaAppellate Division of the Supreme Court of the State of New York · 1988
6 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Lorenz v. CSX Corp.Court of Appeals for the Third Circuit · 1993
- AG Capital Funding Partners, L.P. v. State Street Bank & Trust Co.New York Court of Appeals · 2008
- LNC Investments, Inc. v. First Fidelity Bank, National Ass'nDistrict Court, S.D. New York · 1996
- Stenovich v. Wachtell, Lipton, Rosen & KatzNew York Supreme Court · 2003
- Niagara Mohawk Power Corp. v. Megan-Racine Associates, Inc. (In Re Megan-Racine Associates, Inc.)United States Bankruptcy Court, N.D. New York · 1995
11 more not listed; retrieve them via the Exa API.