Legal Opinion
IKB Deutsche Industriebank AG v. McGraw Hill Financial, Inc.
Court of Appeals for the Second Circuit
Decided December 18, 2015No. 15-1387-cvPublishedCited by 7 opinions
1Opinion of the Court
SUMMARY ORDER
Plaintiff-appellant IKB Deutsche Indus-triebank AG (“IKB”), a German commercial bank, sued defendants-appellees McGraw Hill Financial, Inc. and its wholly owned subsidiary, Standard & Poor’s Financial Services (together, “S & P”) for fraud, negligent misrepresentation, and civil conspiracy to commit fraud in relation to credit ratings issued by S & P with respect to a structured investment vehicle called “Rhinebridge.” IKB appeals from a final judgment entered on March 31, 2015 granting S & P’s motion to dismiss the complaint as time-barred under New York’s borrowing statute and…
2Cases cited5 opinions
- Golden Pacific Bancorp, Plaintiff-Counter-Defendant-Appellant v. Federal Deposit Insurance Corporation Defendant-Counter-Claimant-AppelleeCourt of Appeals for the Second Circuit · 2001
- Curley v. AMR Corp.Court of Appeals for the Second Circuit · 1998
- Global Financial Corp. v. Triarc Corp.New York Court of Appeals · 1999
- Smith Barney, Harris Upham & Co. v. LuckieNew York Court of Appeals · 1995
- GML, Inc. v. Cinque & Cinque, P.C.New York Court of Appeals · 2007
3Cited by7 opinions
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- Michael Francisco, individually and on behalf of all others similarly situated v. Abengoa, S.A., Manuel Sanchez Ortega, Christopher Hansmeyer, HSBC Securities (USA) Inc., Canaccord Genuity Inc., Merrill Lynch International, and Société GénéraleDistrict Court, S.D. New York · 2026
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