MBIA INS. CORP. v. CREDIT SUISSE SEC. (USA) LLC

603751/09.

2011 NY Slip Op 51816(U)

MBIA INSURANCE CORPORATION, Plaintiff, v. CREDIT SUISSE SECURITIES (USA) LLC, DLJ MORTGAGE CAPITAL, INC., AND SELECT PORTFOLIO SERVICING, INC., Defendants.

Supreme Court, New York County.

Decided October 7, 2011.


Attorney(s) appearing for the Case

Eric Haas , Nicolas Commandeur , David Slarskey , Patterson Belknap Webb & Taylor, 1133 Avenue of the Americas, New York, NY 10036, Plaintiff MBIA.

John Ansbro , Richard A. Jacobsen , Daniel W. Robertson , Barry S. Levin (pro hac vice), Darren S. Teshima (pro hac vice), Orrick, Herrington & Sutcliffe LLP, 51 West 52nd Street, New York, NY 10019, All Defendants.


SHIRLEY WERNER KORNREICH, J.

This is a motion by plaintiff, MBIA Insurance Corporation (MBIA), to renew the motion that resulted in this court's June 1, 2011 decision and order (June 2011 Order). The June 2011 Order vacated the court's orders of June 30, 2010 and January 26, 2011 (Prior Orders). It dismissed MBIA's claim for fraudulent inducement and struck its demands for a jury trial, punitive damages and consequential damages. The reader's familiarity with the...

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