US Bank Can't Press Pause On Trimmed Ambac RMBS Suit

By Dean Seal · June 29, 2018, 10:22 PM EDT

A New York federal court has denied U.S. Bank NA's bid to pause a lawsuit by insurer Ambac Assurance Corp. alleging that the bank failed to prevent losses on billions of...

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Case Information

Case Title

Ambac Assurance Corporation v. US Bank National Association

Case Number

1:17-cv-02614

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

April 11, 2017