Judge Kapnick Sets Stage for MBIA Restructuring Trial

, The Litigation Daily

Robert Giuffra Jr. of Sullivan & Cromwell, who represents banks challenging MBIA's restructuring, succeeded in convincing Manhattan State Supreme Court Judge Barbara Kapnick to hold a trial for this Article 78 proceeding. But Kapnick said she would sharply restrict the scope of evidence that Bank of America and two other bank plaintiffs can present.

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