Assured Guaranty Municipal Corp. v. Flagstar Bank, FSB

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February 6, 2013

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Assured Guaranty Municipal Corp. v. Flagstar Bank, FSB
2013 U.S. Dist. LEXIS 16682
US
Federal Court
New York
United States District Court
Mason (plaintiffs); none (defendants)
Rakoff

Summary

In breach of contract action involving loan pools, federal court rejects Daubert challenge to expert’s calculation of damages based on statistical sampling.
Assured Guaranty Municipal Corp. v. Flagstar Bank
PDF, Size: 284 KB

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Damages Calculation Resting on Loan Sampling Is ‘Solid’

Legal and Court Case Update
May 2013

In breach of contract action involving loan pools, federal court rejects Daubert challenge to expert’s calculation of damages based on statistical sampling.