Judge Delivers Clarity In Ambac RMBS Suit Against US Bank

By Grace Dixon · September 22, 2023, 6:36 PM EDT

A New York federal judge is allowing Ambac to press forward with litigation over losses incurred when several residential mortgage-backed securities trusts faltered during the financial crisis, in a ruling this...

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Documents

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