King County v. IKB Deutsche Industriebank AG
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
SHIRA A. SCHEINDLIN, District Judge:
I. INTRODUCTION
Institutional investors King County, Washington (“King County”) and Iowa Student Loan Liquidity Corporation (“ISL”) bring this action to recover losses stemming from the October, 2007 collapse of Rhinebridge, a structured investment vehicle (“SIY”). Plaintiffs’ First Amended Complaint included claims of common law fraud and aiding and abetting fraud against two individuals — who have since been dismissed from the action- — -and eight corporate entities: Deutsche Industriebank AG and IKB Credit Asset Management, GmbH…
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