Legal Opinion

Citibank, N.A. v. Barclays Bank, PLC

District Court, S.D. New York

Decided November 22, 2013No. 13 Civ. 03063(LGS)PublishedCited by 9 opinions

1Opinion of the Court

OPINION AND ORDER

LORNA G. SCHOFIELD, District Judge:

■This is an action for breach of contract by Plaintiff Citibank, N.A. (“Citibank”) against Defendant Barclays Bank, PLC (“Barclays”). The claim arises from a 2004 agreement between Citibank and Lehman Brothers, Inc. (“Lehman”), which provided that Citibank would clear Lehman’s foreign exchange (“FX”) transactions through the Continuous Linked Settlement system (ie., provide “CLS Services”), and two 2008 agreements between Citibank and Barclays, which pro*178vided that Barclays would indemnify Citibank for any losses incurred in providing CLS…

2Cases cited27 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. M'culloch v. State of MarylandSupreme Court of the United States · 1819
  3. Federal Communications Commission v. Beach Communications, Inc.Supreme Court of the United States · 1993
  4. Connolly v. Pension Benefit Guaranty CorporationSupreme Court of the United States · 1986
  5. Kelo v. City of New LondonSupreme Court of the United States · 2005

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3Cited by9 opinions

  1. Linda Holt v. John GriffinCourt of Appeals for the Sixth Circuit · 2017
  2. Xerox Corp. v. Lantronix, Inc.District Court, W.D. New York · 2018
  3. Concord General Mutual Insurance Company and Kevin Flanagan and Linda Flanagan v. Nathan Gritman, Austin Lawson, Nicholas T. Sweet, Elizabeth Plude, Kevin Spear and Dylan StinsonSupreme Court of Vermont · 2016
  4. First Tech. Capital, Inc. v. Airborne, Inc.District Court, W.D. New York · 2019
  5. Newman v. Novartis Pharmaceuticals Corp.District Court, E.D. New York · 2014

4 more not listed; retrieve them via the Exa API.

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