"ABN Amro Bank NV v. MBIA Inc. — New York Court of Appeals Allows Policy Holders’ Fraudulent Conveyance and Common Law Claims Against MBIA to Continue in State Court"

In this article, the authors discuss a recent New York Court of Appeals case which found that MBIA can be sued for fraudulent transfer and other claims by holders of insurance policies issued by MBIA that covered losses related to structured finance products, and that MBIA is not protected by a prior decision of the State Insurance Department.

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