John Paulson's hedge fund will have to defend claims that his firm conspired with Goldman Sachs Group Inc to fraudulently induce a bond insurer to guarantee payments on risky debt, court papers show.

Bond insurer MBIA Inc said on Thursday that New York's decision to prevent it from making an interest payment on a series of notes does not mean it cannot meet its financial obligations.

The judge in a case over the restructuring of bond insurer MBIA said her decision was "getting there," but gave no further indication on when she would rule.

A New York judge has limited the damages Assured Guaranty Corp can seek in a lawsuit accusing Credit Suisse Group AG of misrepresenting the quality of loans underlying mortgage-backed securities it insured.

New York's attorney general should not be allowed to derail a long-delayed $115 million settlement between American International Group Inc shareholders and the insurer's former chief executive, lawyers for the shareholders argued.

Bank of America Corp has agreed to pay $375 million to settle a case brought by bond insurer Syncora Guarantee over toxic mortgage-backed securities at the center of the 2008 financial crisis.

Bond insurer MBIA Inc's restructuring during the financial crisis must be annulled because it was based on bad information, a lawyer for banks challenging the restructuring said on Tuesday.

Bond insurer MBIA Inc's restructuring during the financial crisis must be annulled because it was based on bad information, a lawyer for banks challenging the restructuring said on Tuesday.