Legal Opinion

Hanwha Life Insurance v. UBS AG

Appellate Division of the Supreme Court of the State of New York

Decided April 28, 2015No. 14935 651048/13PublishedCited by 6 opinions

1Opinion of the Court

Order, Supreme Court, New York County (Charles E. Ramos, J.), entered May 15, 2014, which granted defendants’ motion to dismiss the complaint on the ground of forum non conveniens, unanimously affirmed, with costs.

The motion court providently exercised its discretion in weighing the relevant factors and finding that defendants carried their burden of demonstrating that this action lacks a substantial New York nexus. The prospectus for the investment at issue was sent to plaintiff in Korea, the transaction was effected by plaintiff in Korea and defendant’s employees in Hong Kong (see Peters v…

2Cases cited3 opinions

  1. Phat Tan Nguyen v. Banque IndosuezAppellate Division of the Supreme Court of the State of New York · 2005
  2. OrthoTec v. Healthpoint CapitalAppellate Division of the Supreme Court of the State of New York · 2011
  3. Peters v. PetersAppellate Division of the Supreme Court of the State of New York · 2012

3Cited by6 opinions

  1. Primus Pac. Partners 1, LP v. Goldman Sachs Group, Inc.Appellate Division of the Supreme Court of the State of New York · 2021
  2. Primus Pac. Partners 1, LP v. Goldman Sachs Group, Inc.Appellate Division of the Supreme Court of the State of New York · 2021
  3. Cattan v. RohnerAppellate Division of the Supreme Court of the State of New York · 2026
  4. CeltixConnect Equity Invs. LLC v. Sea Fibre Network LtdNew York Supreme Court · 2016
  5. EPK Brand, Inc. v. LeretAppellate Division of the Supreme Court of the State of New York · 2021

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