SAN FRANCISCO A large group of public entities and local governments cleared one anti-SLAPP hurdle in their fraud and breach of contract case against Ambac Bond Insurers, although S.F. Superior Court Judge Richard Kramer asked for further briefing on claims that the defendants conspired to make money by fraudulently lowering the plaintiffs’ credit ratings.
Nanci Nishimura of Cotchett, Pitre & McCarthy said she was gratified by Kramer’s decision to deny the defendants’ motion to strike the breach of contract claims, and said she felt good about her clients’ Cartwright Act claims against Ambac, other insurers and credit rating agencies.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
