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Tag Archives: MBIA
Pfaelzer Dismissal of Bank of America from Countrywide Suit Throws Investors for a Loop
Is Bank of America on the hook for Countrywide’s liabilities for defective loans? Depends on which judge you ask. With the recent decision by Judge Mariana Pfaelzer to dismiss BofA as a defendant in the case of Maine State Retirement … Continue reading
Posted in acquisitions, allocation of loss, appeals, balance sheets, banks, BofA, Countrywide, investors, jurisdiction, lawsuits, lenders, liabilities, liquidity, litigation, MBIA, merger, monoline actions, motions to dismiss, private label MBS, responsibility, securities fraud, subprime, successor liability, vicarious liability
Tagged Bank of America, countrywide, Judge Bransten, Judge Pfaelzer, Maine State Retirement System, MBIA
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