US Bank Wants Ambac RMBS Suit To Yield To State Actions

By Jack Newsham · September 19, 2017, 2:08 PM EDT

U.S. Bank NA has asked a New York federal court to stay or dismiss a lawsuit by insurer Ambac Assurance Corp. that claims U.S. Bank failed to prevent losses on billions...

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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