Legal Opinion
Citadel Equity Fund Ltd. v. Aquila, Inc.
District Court, S.D. New York
Decided May 18, 2005No. 04 Civ. 8145(RWS)PublishedCited by 9 opinions
1Opinion of the Court
OPINION
SWEET, District Judge.
Defendant Aquila, Inc. (“Aquila” or the “Borrower”) has moved under Rule 12(b)(6), Fed.R.Civ.P., to dismiss the complaint of plaintiffs Citadel Equity Fund Ltd. and Citadel Credit Trading Ltd. (collectively, “the Citadel Funds”), which seeks to enforce a particular prepayment premium under a credit agreement entered into by Aquila. For the reasons set forth below, the motion is granted.
At issue is the $27 million prepayment amount sought by the Citadel Funds on behalf of certain of Aquila’s creditors and the differing interpretations of the carefully negotiated…
2Cases cited20 opinions
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Chambers v. Time Warner, Inc.Court of Appeals for the Second Circuit · 2002
- Gregory v. DalyCourt of Appeals for the Second Circuit · 2001
- Villager Pond, Inc. v. Town of DarienCourt of Appeals for the Second Circuit · 1995
- Sweet v. SheahanCourt of Appeals for the Second Circuit · 2000
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3Cited by9 opinions
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- Even Street Productions, Ltd. v. Shkat Arrow Hafer & Weber, LLPDistrict Court, S.D. New York · 2008
- Hartford Underwriters Insurance v. Hanover InsuranceDistrict Court, S.D. New York · 2015
- Bray v. Purple Eagle Entertainment, Inc.District Court, S.D. New York · 2024
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