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Paribas v. The Bank of New York Trust Company, N.A.
Case Number:
1:11-cv-00350
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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June 05, 2013
Paribas Can't Shield MBIA Emails In BoNY Trust Payout Suit
A New York judge ruled on Wednesday that BNP Paribas cannot withhold email correspondence with MBIA Insurance Corp. that is relevant to a letter at the heart of its suit against the Bank of New York Trust Co. NA over the disbursement of payments from a $25 million mortgage pool investment.
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March 29, 2012
BNP Paribas Contract Claim Over BoNY Trust Pay Survives
BNP Paribas can proceed with a contract claim against Bank of New York Trust Co. over allegations the trust didn't properly disburse insurance proceeds from lost loan principal tied to a $25 million mortgage pool investment, a New York federal judge ruled Wednesday.