Legal Opinion
China Trust Bank of NY v. Standard Chartered Bank
District Court, S.D. New York
Decided October 22, 1997No. 96 CIV 9764(SWK)PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
KRAM, Senior District Judge.
In this action alleging violations of the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C.1961, et seq. (“RICO”), fraud and fraudulent misrepresentation, Standard Chartered Bank, PLC (“SCB”) moves pursuant to Federal Rule of Civil Procedure 12(b)(6) to dismiss China Trust Bank of New York’s (“China Trust”) RICO claims and claim for punitive damages. For the reasons set forth below, China Trust’s RICO claims are dismissed and SCB’s motion to dismiss the claim for punitive damages is denied.
BACKGROUND 1
In or about March 1992,…
2Cases cited24 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Foman v. DavisSupreme Court of the United States · 1962
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
- New York University v. Continental InsuranceNew York Court of Appeals · 1995
- Action S.A. And Deltamar Establishment v. Marc Rich & Co., Inc. And Marc Rich, Marc RichCourt of Appeals for the Second Circuit · 1991
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3Cited by11 opinions
- Ellington Credit Fund, Ltd. v. Select Portfolio Servicing, Inc.District Court, S.D. New York · 2011
- Kalimantano GmbH v. Motion in Time, Inc.District Court, S.D. New York · 2013
- Solutia Inc. v. FMC Corp.District Court, S.D. New York · 2006
- DeFazio v. WallisDistrict Court, E.D. New York · 2007
- Dempsey v. SandersDistrict Court, S.D. New York · 2001
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