Commercial Division Blog
Posted: June 17, 2018 / Categories Commercial, Appeals
Transcripts and Videos of Arguments in the Court of Appeals for June 2018 Now Available
On May 19, 2018, we noted a case of interest from the oral arguments before the Court of Appeals in June 2018:
- Ambac Assurance Corporation v. Countrywide Home Loans (No. 79) (argued Wednesday, June 6, 2018) ("Fraud--Fraud in Inducement--Alleged fraudulent inducement to issue financial guaranty insurance policies for residential mortgage-backed securitizations--elements to establish cause of action for fraudulent inducement--justifiable reliance--applicability of Insurance Law § 3105; recovery of claims payments made by insurer--contractual repurchase protocol; recovery of attorneys' fees; summary judgment.") See the transcript and the video.