FS Investments, Inc. v. Asset Guaranty Insurance

OPINION & ORDER

FORESTER, Chief Judge.

Presently before the Court are various motions of the plaintiff and defendants. Having been full briefed, these matters are ripe for review and will each be addressed accordingly.

I. FACTUAL AND PROCEDURAL BACKGROUND

This diversity action arises from an extended series of negotiations between the plaintiff, FS Investments, Inc. (“FSI”) and the defendants, Asset Guaranty Insurance Company (“AGI”) and Van-American Companies, Inc. (“VAC”) 1 , an agreed letter of intent between the parties, and the actions taken thereon. In early 2000, VAC decided to phase out…