In This Issue:
- Three Landmark Decisions for Insurers and RMBS Investors
- Shedding Light on a Bankruptcy Safe Harbor: Defining the Reach of Section 546(e)
- Practice Area Updates:
..Vermont Supreme Court Victory for Entergy and Other Victories
- Excerpt from Three Landmark Decisions for Insurers and RMBS Investors -
Quinn Emanuel recently secured landmark rulings for its client MBIA Insurance Corporation (“MBIA”) in three major decisions in MBIA’s long-running lawsuit against Countrywide Home Loans, Inc. (“Countrywide”), various Countrywide affiliates, and Bank of America Corporation (“BAC”) (on a successor liability theory). Each of these rulings played a critical role in securing a favorable settlement of the lawsuit for MBIA. Collectively, they have significantly re-shaped the legal landscape for RMBS claims in a way that fundamentally alters how these claims will be litigated going forward and that will likely prove highly advantageous to RMBS insurers and investors, and to non-RMBS insurers as well.
Please see full issue below for more information.
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