Legal Opinion
NPS LLC v. Ambac Assurance Corp.
District Court, D. Massachusetts
Decided February 25, 2010No. Civil Action 08-11281-DPWPublishedCited by 22 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
DOUGLAS P. WOODLOCK, District Judge.
The plaintiff, NPS LLC (“NPS”), an affiliate of the New England Patriots, issued bonds in 2000 to fund the construction of Gillette Stadium. NPS obtained financial guarantee insurance for the bonds through the defendant, Ambac Assurance Corporation (“Ambac”). In this diversity suit, NPS alleges that Ambac’s communications regarding its credit rating, which was lowered in January 2008, constituted intentional misrepresentation, negligent misrepresentation and violations of Mass. Gen. Laws ch. 93A and that they excuse any apparent breach…
2Cases cited46 opinions
- ECA, Local 134 IBEW Joint Pension Trust of Chicago v. JP Morgan Chase Co.Court of Appeals for the Second Circuit · 2009
- Glassman v. Computervision Corp.Court of Appeals for the First Circuit · 1996
- Rodi v. Southern New England School of LawCourt of Appeals for the First Circuit · 2004
- Bushkin Associates, Inc. v. Raytheon Co.Massachusetts Supreme Judicial Court · 1985
- Marram v. Kobrick Offshore Fund, Ltd.Massachusetts Supreme Judicial Court · 2004
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3Cited by22 opinions
- Oliver Wyman, Inc. v. EielsonDistrict Court, S.D. Illinois · 2017
- Bekele v. Lyft, Inc.District Court, D. Massachusetts · 2016
- Louisiana Stadium & Exposition District v. Financial Guaranty InsuranceCourt of Appeals for the Second Circuit · 2012
- Nationwide Book Industries, LLC v. A & S Booksellers, Inc.District Court, D. Massachusetts · 2013
- Selfridge v. JamaDistrict Court, D. Massachusetts · 2016
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