Legal Opinion

Bank of New York Mellon Trust Co., National Ass'n v. Telos CLO 1006-1 Ltd.

District Court, S.D. New York

Decided August 7, 2017No. 16 Civ. 8963PublishedCited by 3 opinions

1Opinion of the Court

OPINION

ROBERT W. SWEET, U.S.D.J.

Interpleader defendant Telos Asset Management LLC (“Telos” or “Collateral Manager”) has moved pursuant to Rule 56 of the Federal Rules of Civil Procedure for summary judgment to dismiss the. inter-pleader action brought by plaintiff, The Bank of New York Mellon Trust Company, National Association (“Plaintiff,” “BNYM,” or the “Trustee”) and to grant its counterclaims for declaratory judgment. Based upon the conclusions set forth below, the motion of Telos is denied without prejudice to renew after further proceedings.

The instant motion raises the issue' of the…

2Cases cited22 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Jose GOENAGA, Plaintiff-Appellant, v. MARCH OF DIMES BIRTH DEFECTS FOUNDATION, Defendant-AppelleeCourt of Appeals for the Second Circuit · 1995
  4. State Farm Fire & Casualty Co. v. TashireSupreme Court of the United States · 1967
  5. Jaramillo v. Weyerhaeuser Co.Court of Appeals for the Second Circuit · 2008

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3Cited by3 opinions

  1. Illinois Department of Revenue v. Hanmi BankCourt of Appeals for the Seventh Circuit · 2018
  2. Chachkes v. DavidDistrict Court, S.D. New York · 2021
  3. Kilgannon v. Social Security AdministrationDistrict Court, S.D. New York · 2021

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