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MBIA Insurance Corporation et al v. Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. et al
Case Number:
1:09-cv-10093
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 18, 2011
MBIA, Dutch Bank Drop Suit Over $1B CDO Deal
A New York federal judge on Thursday dismissed bond insurer MBIA Inc.'s lawsuit alleging that a Dutch bank improperly sold a chunk of securities underlying a $1 billion collateralized debt obligation after the parties agreed to drop the case.
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March 28, 2011
MBIA Suit Over $1B CDO Deal Survives
A New York federal judge decided Friday that MBIA Inc. could pursue its claim that a Dutch bank violated an agreement when it didn't notify the insurer before selling a chunk of securities underlying a $1 billion collateralized debt obligation.