Monterey Bay Military Housing, LLC et al v. Ambac Assurance Corporation et al
Case Number:
5:17-cv-04992
Court:
Nature of Suit:
Racketeer/Corrupt Organization
Judge:
Firms
- Eimer Stahl
- Ellis George
- Gibson Dunn
- Herbert Smith Freehills
- Katten Muchin
- Kirkland & Ellis
- Latham & Watkins
- Munger Tolles
- Quinn Emanuel
Companies
Sectors & Industries:
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January 03, 2018
Ambac Can't Move Mortgage Fee Suit To NY, Judge Says
A California federal judge on Tuesday rejected a bid by Ambac Assurance Corp. to transfer to New York a suit brought by a group of military housing developers accusing it and another mortgage corporation of bilking them for hundreds of millions of dollars in excessive fees.
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August 29, 2017
Ambac, Mortgage Co. Ripped Off Military Housing, Suit Says
A group of military housing developers on Monday accused a pair of mortgage and insurance corporations in California federal court of bilking them for hundreds of millions of dollars in excessive fees through a secret mutual arrangement to boost profits on financing and insurance deals.