Legal Opinion
Finance & Trading Ltd. v. Rhodia S.A.
Appellate Division of the Supreme Court of the State of New York
Decided April 20, 2006PublishedCited by 9 opinions
1Opinion of the Court
Orders, Supreme Court, New York County (Herman Cahn, J.), entered April 21, 2005, which granted defendants’ motions to dismiss the complaint on grounds of forum non conveniens, unanimously affirmed, with costs.
This is an action by foreign plaintiffs against foreign defendants, most of whom are French, alleging fraudulent inducement to purchase shares of defendant Rhodia’s stock on the Earis Stock Exchange. The motion court correctly found that New York’s nexus to the matter, based on alleged meetings at a New York City hotel between defendants Tirouflet and the principal of plaintiff Finance…
2Cases cited5 opinions
- World Point Trading PTE., Ltd. v. ItalianoAppellate Division of the Supreme Court of the State of New York · 1996
- Phat Tan Nguyen v. Banque IndosuezAppellate Division of the Supreme Court of the State of New York · 2005
- Wyser-Pratte Management Co. v. Babcock Borsig AG.Appellate Division of the Supreme Court of the State of New York · 2005
- Neuter, Ltd. v. Citibank, N. A.Appellate Division of the Supreme Court of the State of New York · 1997
- Millicom International Cellular S.A. v. SimonAppellate Division of the Supreme Court of the State of New York · 1998
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- Huani v. DonzigerNew York Supreme Court · 2014
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