Legal Opinion

Woori Bank v. RBS Securities, Inc.

District Court, S.D. New York

Decided December 27, 2012No. 12 Civ. 4254(HB)PublishedCited by 25 opinions

1Opinion of the Court

OPINION & ORDER

HAROLD BAER, JR., District Judge.

Plaintiff Woori Bank (“Woori”) alleges that the defendants fraudulently and negligently misrepresented the value of and risks associated with collateralized debt obligations (“CDO”) that were in part comprised of residential mortgage backed securities (“RMBS”).1 The defendants are three financial institutions, RBS Securities, Inc., RBS Holdings USA Inc., and RBS Financial Products, Inc., as well as five CDO entities, ACA ABS 2007-1, Cairn Mezz ABS CDO II, Novastar ABS CDO I, TABS 2006-6, and Webster CDO I (collectively, “Defendants”). Before the…

2Cases cited48 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Chiarella v. United StatesSupreme Court of the United States · 1980
  4. Kassner v. 2nd Avenue Delicatessen Inc.Court of Appeals for the Second Circuit · 2007
  5. Eternity Global Master Fund Limited v. Morgan Guaranty Trust Company of New York and Jpmorgan Chase BankCourt of Appeals for the Second Circuit · 2004

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3Cited by25 opinions

  1. Oden v. Bos. Scientific Corp.District Court, E.D. New York · 2018
  2. Minnie Rose LLC v. YuDistrict Court, S.D. New York · 2016
  3. Kortright Capital Partners LP v. Investcorp Investment Advisers Ltd.District Court, S.D. New York · 2017
  4. Alley Sports Bar, LLC v. SimplexGrinnell, LPDistrict Court, W.D. New York · 2014
  5. United States ex rel. Klein v. Empire Education Corp.District Court, N.D. New York · 2013

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

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