Legal Opinion
Semi-Tech Litigation, LLC v. Bankers Trust Co.
District Court, S.D. New York
Decided January 21, 2005No. 02 Civ.0711(LAK)PublishedCited by 10 opinions
1Opinion of the Court
MEMORANDUM OPINION
KAPLAN, District Judge.
This case is an object lesson in how seemingly minor oversights can become the subject of major litigation.
Defendant Bankers Trust Company (“BT”) was the trustee under an indenture for a 1993 note offering by Semi-Tech Corporation (“Semi-Tech” or the “Company”) that raised $300 million to fund the Company’s purchase of 51 percent of the shares of The Singer Company N.V. (“Singer”). Semi-Tech subsequently entered bankruptcy. The plaintiff holds the assigned claims of certain holders of the notes issued in the 1993 offering. It alleges that the defendant…
2Cases cited44 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- United States v. Diebold, Inc.Supreme Court of the United States · 1962
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3Cited by10 opinions
- Royal Park Investments SA/NV v. HSBC Bank USA, National Ass'nDistrict Court, S.D. New York · 2015
- RSL COMMUNICATIONS PLC v. BildiriciDistrict Court, S.D. New York · 2009
- Fox ex rel. Perry H. Koplik & Sons, Inc. v. Koplik (In re Perry H. Koplik & Sons, Inc.)United States Bankruptcy Court, S.D. New York · 2012
- Retirement Board of Policemen's Annuity & Benefit Fund v. Bank of New York MellonDistrict Court, S.D. New York · 2012
- In Re: Bankers Trust Company Semi-Tech Litigation, Llc, Plaintiff-Appellant-Cross-Appellee v. Bankers Trust Company, Defendant-Appellee-Cross-AppellantCourt of Appeals for the Second Circuit · 2006
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