2012-10-17 — thomsonreuters.com
``Both MBIA and BofA also argued that they deserve summary judgment regardless of which state law Bransten uses, but that's a diversion. BofA well knows that U.S. District Judge Mariana Pfaelzer in Los Angeles has twice ruled that the bank has no successor liability for Countrywide applying Delaware law. Bransten, however, has warned that she's not interested in what a California judge has to say -- and has applied New York law in preliminary consideration of BofA's successor liability.''
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