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By Reuters |
May 23, 2012
Banks challenging bond insurer MBIA Inc's 2009 restructuring don't have to answer questions about whether they pushed state senators to start an investigation, a New York judge ruled on Tuesday.
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By Karen Freifeld, Reuters |
May 16, 2012
Bond insurer MBIA Inc's restructuring during the financial crisis must be annulled because it was based on bad information, a lawyer for banks challenging the restructuring said on Tuesday.
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By Karen Freifeld, Reuters |
May 15, 2012
Bank of America Corp and Societe Generale on Tuesday will begin opening arguments in a New York State courtroom to overturn the 2009 restructuring of bond insurer MBIA Inc.
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By Mark E. Ruquet, PropertyCasualty360.com |
May 3, 2012
Ambac has pulled out of a suit against Bank of America Corp. involving an $8.5 billion mortgage-bond settlement.
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By Karen Freifeld, Reuters |
April 25, 2012
New York judge on Tuesday rejected an effort by American International Group Inc and other objectors to Bank of America Corp's proposed $8.5 billion mortgage bond settlement.
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By Terry Baynes, Reuters |
December 7, 2011
A federal judge on Tuesday rejected Bank of America Corp's request to disqualify the law firm representing insurer American International Group Inc in its $10 billion mortgage fraud lawsuit against the bank over an alleged conflict of interest by one of the firm's partners.
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By Jonathan Stempel (Reuters) |
October 25, 2011
A judge threw out federal securities-law claims in Allstate Corp's fraud lawsuit against Bank of America Corp's Countrywide unit over $700 million of toxic mortgage debt, but said the insurer may pursue state law claims.
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By Jonathan Stempel (Reuters) |
October 18, 2011
Bank of America Corp urged a judge to disqualify the law firm representing insurer American International Group Inc in its $10 billion mortgage fraud lawsuit against the bank, alleging a conflict of interest by one of the firm's partners.
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By Peter Svensson, AP Business Writer |
August 8, 2011
Insurer AIG wants more than $10 billion from Bank of America, saying the bank cheated it by selling it overvalued mortgage-backed securities.
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By Associated Press |
July 13, 2011
MBIA Inc. has decided not to pursue a lawsuit against Bank of America Corp.'s Merrill Lynch unit.