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AMBAC ASSUR. CORP. v. U.S. BANK NAT. ASSOCIATION

17cv2614.

328 F.Supp.3d 141 (2018)

AMBAC ASSURANCE CORPORATION, Plaintiff, v. U.S. BANK NATIONAL ASSOCIATION, Defendant.

United States District Court, S.D. New York.

Signed June 29, 2018.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity Action
Nature of Suit: 190 Contract: Other
Source: PACER

Attorney(s) appearing for the Case

Stephanie Ann Teplin, William Robert Fair, Peter W. Tomlinson, Patterson, Belknap, Webb & Tyler LLP, New York, NY, for Plaintiff.

David F. Adler, Amanda Rose Parker, Emmett E. Robinson, Louis A. Chaiten, Shimshon Balanson, Jones Day, Cleveland, OH, Albert J. Rota, Andrew Steven Kleinfeld, Jones Day, New York, NY, Michael T. Marcucci, Jones Day, Boston, MA, for Defendant.

OPINION & ORDER

Ambac Assurance Corporation ("Ambac") filed this action to recover damages arising from U.S. Bank National Association's ("U.S. Bank") alleged failure to satisfy its contractual and fiduciary duties as trustee for five residential mortgage-backed securities...

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