Mbia Insurance v Country Wide Home Loans, Notice of Appeal, Case No. 602825_2008 (Ny Supr. Ct. May...

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Bank of American and Countrywide's Notice of Appeal of Judge Bransten's Order Denying in part Countrywide's Motion to Dismiss claims of misrepresentation and vicarious liability. Visit http://subprimeshakeout.blogspot.com/2010/06/bofa-and-countrywide-appeal-order.html for analysis.

Transcript of Mbia Insurance v Country Wide Home Loans, Notice of Appeal, Case No. 602825_2008 (Ny Supr. Ct. May...

Page 1: Mbia Insurance v Country Wide Home Loans, Notice of Appeal, Case No. 602825_2008 (Ny Supr. Ct. May 28, 2010)

SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK

MBIA INSURANCE CORPORATION, Plaintiff-Respondent, -against- COUNTRYWIDE HOME LOANS, INC., COUNTRYWIDE SECURITIES CORP., and COUNTRYWIDE FINANCIAL CORP., COUNTRYWIDE HOME LOANS SERVICING, LP and BANK OF AMERICA CORP., Defendants-Appellants.

Index No.: 602825/08 IAS Part 3 Hon. Eileen Bransten NOTICE OF APPEAL

PLEASE TAKE NOTICE that, pursuant to Sections 5513(a) and 5515 of the New York

Civil Practice Law and Rules, Defendant-Appellants Countrywide Home Loans, Inc., Countrywide

Securities Corp., Countrywide Financial Corp., Countrywide Home Loans Servicing, LP and Bank

of America Corp. hereby appeal to the Appellate Division of the Supreme Court of the State of

New York, in and for the First Department, from that part of the Order of the Supreme Court, New

York County, I.A.S. Part 3 (per Justice Eileen Bransten) dated April 27, 2010, and duly entered

with the Clerk of the Court on April 29, 2010: (1) denying Defendants’ motion to dismiss

Plaintiff’s first cause of action sounding in fraud as to Countrywide Home Loans, Inc.,

Countrywide Securities Corp. and Countrywide Financial Corp.; (2) denying Defendants’ motion

to dismiss Plaintiff’s fifth cause of action for breach of the implied covenant of good faith and fair

dealing as to Countrywide Home Loans, Inc. and Countrywide Home Loans Servicing, LP; and (3)

denying Defendants’ motion to dismiss Plaintiff’s seventh cause of action for successor and

vicarious liability as to Bank of America Corp.

FILED: NEW YORK COUNTY CLERK 05/28/2010 INDEX NO. 602825/2008

NYSCEF DOC. NO. 177 RECEIVED NYSCEF: 05/28/2010

Page 2: Mbia Insurance v Country Wide Home Loans, Notice of Appeal, Case No. 602825_2008 (Ny Supr. Ct. May 28, 2010)

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Dated: May 28, 2010 New York, New York

GOODWIN PROCTER LLP

By: /s/ Mark Holland

Mark Holland Christopher J. Garvey Abigail Hemani Ashley H. Gray

The New York Times Building

620 Eighth Avenue New York, New York 10018 (212) 813-8800 Paul F. Ware, Jr., Sarah Heaton Concannon GOODWIN PROCTER LLP Exchange Place 53 State Street Boston, MA 02109 (617) 570-1000

Attorneys for Defendants-Appellants Countrywide Home Loans, Inc., Countrywide Securities Corp., Countrywide Financial Corp., Countrywide Home Loans Servicing, LP and Bank of America Corp. Of Counsel: Thomas M. Hefferon GOODWIN PROCTER LLP 901 New York Avenue, N.W. Washington, D.C. 20001 (202) 346-4000 Robert J. McGahan GOODWIN PROCTER LLP 601 S. Figueroa Street, 41st floor Los Angeles, CA 90017 (213) 426-2500

Page 3: Mbia Insurance v Country Wide Home Loans, Notice of Appeal, Case No. 602825_2008 (Ny Supr. Ct. May 28, 2010)

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David M. Wells William E. Adams, Jr. GUNSTER, YOAKLEY & STEWART, P.A. One Enterprise Center 225 Water Street Suite 1750 Jacksonville, Florida 32202 (904) 354-1980

To: Peter E. Calamari Philippe Z. Selendy Jonathan B. Oblak Manisha M. Sheth Nicholas F. Joseph QUINN EMANUEL URQUHART & SULLIVAN LLP

51 Madison Avenue, 22nd Floor New York, NY 10010 (212) 702-8100

Attorneys for Plaintiff-Respondent MBIA Insurance Corporation

Page 4: Mbia Insurance v Country Wide Home Loans, Notice of Appeal, Case No. 602825_2008 (Ny Supr. Ct. May 28, 2010)

NOTICE OF ENTRY

Sir :⎯Please take notice that the within is a (certified) true copy of a duly entered in the office of the clerk of the within named court on. Dated,

Yours, etc.

GOODWIN PROCTER, LLP

Attorneys for

Offices and Post Office Address

To Attorney for NOTICE OF CHANGE OF ATTORNEYS

Sir :⎯Please take notice that an order Of which the within is a true copy will be presented for settlement to the Hon. One of the judges of the within named Court, at on the day of , at M. Dated,

Yours, etc.

GOODWIN PROCTER, LLP

Attorneys for

Offices and Post Office Address

To Attorney for

Index No 602825/08 SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK

Defendants.

NOTICE OF APPEAL

GOODWIN PROCTER, LLP

Attorneys Defendants Countrywide Home Loans, Inc., Countrywide Securities Corp. and Countrywide Financial Corp.

Offices and Post Office Address Mark Holland Christopher J. Garvey Abigail Hemani Ashley h. Gray The New York Times Building 620 Eighth Avenue New York, NY 10018 Tel. (212) 813-8800 Fax: (212) 355-3333

To Attorney for Service of a copy of the within is hereby admitted. Dated, Attorney for

MBIA INSURANCE CORPORATION,

Plaintiff,

- against -

COUNTRYWIDE HOME LOANS, INC., COUNTRYWIDE SECURITIES CORP., COUNTRYWIDE FINANCIAL CORP., COUNTRYWIDE HOME LOANS SERVICING, LP, and BANK OF AMERICA CORP.,