Ambac Assurance Corp. v. Countrywide
Published on:
August 22, 2016
SIFMA has submitted an Amicus “Friend of the Court” Brief.
Court:
New York Supreme Court
Appellate Division – First Department
Amicus Issue:
Whether a financial guaranty insurer asserting common-law contract and fraud claims is required to prove all of the elements of these claims to obtain relief, including justifiable reliance and causation.
Counsel of Record:
Orrick, Herrington & Sutcliffe LLP
Richard A. Jacobsen
Paul F. Rugani
Daniel W. Robertson
Other Amici:
None.