bond insurer MBIA News

Bond Insurer MBIA Agrees to Settle Mortgage Claims Against Credit Suisse

New York-based municipal bond insurer MBIA Inc.’s unit MBIA Insurance Corp. entered an agreement to settle a litigation it filed in 2009 against lender Credit Suisse and certain affiliated entities over property debt in the United States. The settlement followed …

Bond Insurer MBIA Wins Dismissal of Bank Claim Over Restructuring

MBIA Inc. on Monday won the dismissal of a lawsuit by Bank of America Corp. and Societe Generale SA challenging its 2009 restructuring, sending the bond insurer’s shares up 24 percent. New York Supreme Court Justice Barbara Kapnick said Eric …

Bank of America Sues Bond Insurer MBIA Over Tender Offer

Bank of America Corp. has sued bond insurer MBIA Inc. in a New York state court for allegedly interfering with a tender offer to buy MBIA’s bonds. At issue is a change MBIA sought to make to the terms of …