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MBIA, Inc. v. Certain Underwriters at Lloyd's, London et al
Case Number:
1:14-cv-01769
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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July 17, 2014
MBIA Wins Defense From Lloyd's For Restructuring Claims
A New York federal judge on Wednesday awarded MBIA Inc. insurance coverage from certain underwriters at Lloyd's of London and from Lexington Insurance Co. for its steep defense costs in litigation that challenged the financial guarantee insurer's restructuring, while tossing one of MBIA's breach of contract claims as premature.
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May 12, 2014
MBIA Says Lloyd's, Others Owe It Defense Coverage
MBIA Inc. on Friday asked a New York federal judge not to dismiss its suit against underwriters at Lloyd's of London and two insurers seeking defense costs on claims that MBIA made misrepresentations, manipulated the municipal derivatives market and improperly restructured its business, arguing its policies provide for coverage.
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April 28, 2014
Lloyd's Attempts To Shoot Down MBIA Coverage Suit In NY
Certain underwriters at Lloyd's of London and two insurers told a New York federal court that they need not pay MBIA Inc.'s defense costs because there has been no closure on claims that MBIA made misrepresentations, manipulated the municipal derivatives market and improperly restructured its business, according to a motion posted Saturday.