Legal Opinion

Wells Fargo Bank, N.A. v. Sharma

District Court, S.D. New York

Decided July 28, 2009No. 09 CV 854 (JSR)PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM ORDER

JED S. RAKOFF, District Judge.

The instant declaratory action arises out of a dispute over the validity of a Swap Agreement executed by plaintiff Wells Fargo Bank, N.A. and defendant Timothy L. Sharma in February 2007. Plaintiff seeks a declaration that (1) the Swap Agreement is valid and enforceable; (2) defendant lacks the right to rescind or terminate the Swap Agreement; and (3) plaintiff has no obligation to return or refund the amounts paid by defendant pursuant to the terms of the Swap Agreement. On February 27, 2009, defendant moved to dismiss the Complaint pursuant to…

2Cases cited24 opinions

  1. Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
  2. Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
  3. Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
  4. Aetna Life Insurance v. HaworthSupreme Court of the United States · 1937
  5. Wilton v. Seven Falls Co.Supreme Court of the United States · 1995

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3Cited by4 opinions

  1. Berardi v. BerardiDistrict Court, N.D. New York · 2023
  2. Ricatto v. M3 Innovations Unlimited, Inc.District Court, S.D. New York · 2020
  3. Salveson v. YiDistrict Court, S.D. New York · 2021
  4. U.S. Bank National Association v. Triaxx Asset Management LLCDistrict Court, S.D. New York · 2021

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