Ambac Assurance Corp. v. Countrywide Home Loans, Inc.
| Decision Date | 16 October 2013 |
| Docket Number | No. 651612/2010.,651612/2010. |
| Parties | AMBAC ASSURANCE CORPORATION and The Segregated Account of Ambac Assurance Corporation, Plaintiffs, v. COUNTRYWIDE HOME LOANS, INC., Countrywide Securities Corp., Countrywide Financial Corp., and Bank of America Corp., Defendants. |
| Court | New York Supreme Court |
41 Misc.3d 1213
980 N.Y.S.2d 274
2013 N.Y. Slip Op. 51673
AMBAC ASSURANCE CORPORATION and The Segregated Account of Ambac Assurance Corporation, Plaintiffs,
v.
COUNTRYWIDE HOME LOANS, INC., Countrywide Securities Corp., Countrywide Financial Corp., and Bank of America Corp., Defendants.
No. 651612/2010.
Supreme Court, New York County, New York.
Oct. 16, 2013.
This constitutes the decisions and order of the court.
To continue reading
Request your trial
2 cases
-
AMBAC Assurance Corp. v. Countrywide Home Loans, Inc.
...that there be a reasonable anticipation of litigation” in order for the common interest doctrine to apply (41 Misc.3d 1213[A], 2013 N.Y. Slip Op. 51673 [U], *2, 2013 WL 5629595 [Sup.Ct., N.Y. County 2013] ).Bank of America appealed, and the Appellate Division reversed, granted the motion to......
-
Ambac Assurance Corp. v. Countrywide Home Loans, Inc.
...that there be a reasonable anticipation of litigation” in order for the common interest doctrine to apply (41 Misc.3d 1213[A], 2013 N.Y. Slip Op. 51673 [U], *2, 2013 WL 5629595 [Sup.Ct., N.Y. County 2013] ).Bank of America appealed, and the Appellate Division reversed, granted the motion to......
1 firm's commentaries
-
New York Appellate Division Eliminates 'Pending Or Reasonably Anticipated Litigation' Requirement For Common-Interest Privilege
...privileged information between buyer and seller. And the trial court so held in Ambac Assurance Corp. v. Countrywide Securities Corp., 980 N.Y.S.2d 274, 274 (N.Y. Sup. Ct. In Ambac, two merging companies shared privileged information in the diligence phase "to advance their common interests......