MBIA INS. CORP. v. F.D.I.C.

Civil Action No. 09-01011 (ABJ).

816 F.Supp.2d 81 (2011)

MBIA INSURANCE CORPORATION, Plaintiff, v. FEDERAL DEPOSIT INSURANCE CORPORATION (in its corporate capacity and as conservator and receiver for IndyMac Federal Bank, FSB), Defendants.

United States District Court, District of Columbia.

October 6, 2011.


Attorney(s) appearing for the Case

David Finley Williams, Geoffrey Edward Gettinger, Cadwalader, Wickersham & Taft, Washington, DC, for Plaintiff.

Daniel Harold Kurtenbach, Thomas L. Holzman, Federal Deposit Insurance Corporation, Arlington, VA, Scott H. Christensen, William Robert Stein, Hughes Hubbard & Reed, LLP, Washington, DC, for Defendants.


MEMORANDUM OPINION

AMY BERMAN JACKSON, District Judge.

Plaintiff MBIA Insurance Corporation ("MBIA") has filed an amended complaint against the Federal Deposit Insurance Corporation ("FDIC") asserting claims arising from the failure of IndyMac Bank, F.S.B. ("IndyMac Bank" or "IndyMac") and its subsequent resolution by the FDIC. Defendant FDIC, in its capacity as receiver for IndyMac Federal Bank, F.S.B. ("FDIC Receiver"),1

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