David B Saxe Danielle C Lesser

August 20, 2018 | New York Law Journal

Plaintiffs Ambac Assurance Corp. and others (collectively, Ambac), an insurer, sought to use contractual remedies other than the sole remedies clause in connection with its claim that defendants Countrywide Home Loans, Inc. and others, (collectively, Countrywide) breached various representations and warranties contained in the insurance and indemnity agreements (the I&I agreements) between the parties.

By David B. Saxe, Danielle C. Lesser and Michael Mix

8 minute read