DEUTSCHE BANK SECURITIES INC. v. Rhodes
District Court, S.D. New York
1Opinion of the Court
OPINION
CHIN, District Judge.
In this case, defendants engaged plaintiff Deutsche Bank Securities, Inc. (“DBSI”) to provide investment banking assistance in their efforts to obtain financing. They hired DBSI on an exclusive basis.
Defendants did not, however, obtain financing with DBSI’s assistance. Rather, during the period of exclusivity, they obtained $500 million of financing with the assistance of another investment banking firm.
Countering that it is entitled to a fee nevertheless, DBSI sues defendants James M. Rhodes (“Rhodes”), Sagebrush Enterprises, Inc. (“Sagebrush”), The Rhodes…
2Cases cited43 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
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- Clark-Fitzpatrick, Inc. v. Long Island Rail RoadNew York Court of Appeals · 1987
- Breed v. Insurance Co. of North AmericaNew York Court of Appeals · 1978
- Scotto v. AlmenasCourt of Appeals for the Second Circuit · 1998
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