Legal Opinion
Banco del Austro, S.A. v. Wells Fargo Bank, N.A.
District Court, S.D. New York
Decided October 18, 2016No. 16-cv-00628 (LAK)PublishedCited by 9 opinions
1Opinion of the Court
MEMORANDUM OPINION
Lewis A. Kaplan, United States District Judge
Defendant Wells Fargo, N.A. moves to dismiss the complaint, which alleges violations of the New York Uniform Commercial Code (“UCC”) (Count II) as well as breach of contract (Count I) and common law duties (Count III). The Court assumes familiarity with the allegations in the complaint, which it accepts as true for ■ the purposes of this motion.1 For the following reasons, the motion is granted in part and denied in part.
Discussion
1. Claim under the UCC
Article 4-A of the UCC “governs the procedures, rights, and liabilities arising…
2Cases cited10 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Grain Traders, Inc. v. Citibank, N.A.Court of Appeals for the Second Circuit · 1998
- Ma v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Second Circuit · 2010
- Regions Bank v. The Provident Bank, Inc.Court of Appeals for the Eleventh Circuit · 2003
- Patco Construction Co., Inc. v. People's United BankCourt of Appeals for the First Circuit · 2012
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3Cited by9 opinions
- Vigil v. Take-Two Interactive Software, Inc.District Court, S.D. New York · 2017
- 123RF LLC v. HSBC Bank USA, N.A.District Court, S.D. New York · 2023
- Forrence Orchards, Inc. v. TD BankDistrict Court, N.D. New York · 2025
- JPMorgan Chase Bank, National Association, London Branch v. Tesla, Inc.District Court, S.D. New York · 2024
- Louis Markatos v. Citibank, N.A.District Court, S.D. New York · 2026
4 more not listed; retrieve them via the Exa API.