August 18, 2011
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.
March 28, 2011
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.