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IN RE REHABILITATION OF SEGREGATED ACCT. OF AMBAC

No. 10-cv-778-bbc.

782 F.Supp.2d 743 (2011)

In the Matter of the REHABILITATION OF SEGREGATED ACCOUNT OF AMBAC ASSURANCE CORPORATION. Theodore K. Nickel, Commissioner of Insurance of the State of Wisconsin, Petitioner, v. United States of America, Respondent.

United States District Court, W.D. Wisconsin.

January 14, 2011.

Attorney(s) appearing for the Case

Matthew R. Lynch , Michael B. Van Sicklen , Foley & Lardner LLP, Madison, WI, for Petitioner.

Hilarie Snyder , Robert J. Kovacev , United States Department of Justice, Tax Division, Washington, DC, Richard D. Humphrey , U.S. Attorney's Office, Madison, WI, for Respondent.

Daniel Warren Stolper , Stafford Rosenbaum, LLP, Madison, WI, Enuly L. Saffitz , Henry J. Ricardo , Peter A. Ivanick , Richard W. Reinthaler , Dewey & Leboeuf, LLP, New York, NY, for Ambac Assurance Corporation.

OPINION and ORDER

BARBARA B. CRABB, District Judge.

This proceeding was removed to this court from the Circuit Court for Dane County, Wisconsin, by the United States. It is before the court on two motions: the Commissioner of Insurance's motion for remand and the United States' motion to dissolve the order entered in the state court enjoining the United States from taking certain actions related to the potential tax liability of Ambac Assurance Corporation...

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