Legal Opinion

de Atucha v. Hunt

District Court, S.D. New York

Decided February 21, 1991No. 82 Civ. 6546 (MEL)Published

1Opinion of the Court

LASKER, District Judge.

This case arises from heavy losses Jorge M.C.C. de Atucha sustained on investments in long positions on silver futures contracts he purchased on the London Metals Exchange (“LME”) in January, 1980. Extensive prior proceedings in this case,1 with which familiarity is assumed, leave as the sole remaining issue to be resolved de Atu-cha’s allegations of fraud and negligent misrepresentation by defendant Merrill Lynch, Pierce Fenner & Smith, Inc. (“Merrill Lynch”) under New York, Argentine and British law. These allegations stem from Merrill Lynch’s performance as de…

2Cases cited8 opinions

  1. John C. Donahue v. Windsor Locks Board of Fire Commissioners, John R. Colli, Jr., Russell C. Gabrielson, and John R. Colli, IIICourt of Appeals for the Second Circuit · 1987
  2. Lanzi v. BrooksNew York Court of Appeals · 1977
  3. Lanzi v. BrooksAppellate Division of the Supreme Court of the State of New York · 1976
  4. De Atucha v. Commodity Exchange, Inc.District Court, S.D. New York · 1985
  5. de Atucha v. HuntDistrict Court, S.D. New York · 1989

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