Legal Opinion
Neuter, Ltd. v. Citibank, N. A.
Appellate Division of the Supreme Court of the State of New York
Decided May 15, 1997PublishedCited by 6 opinions
1Opinion of the Court
Order, Supreme Court, New York County (Beatrice Shainswit, J.), entered September 25, 1996, which denied defendant’s motion to dismiss the complaint on the ground of forum non conveniens, reversed, on the law, without costs or disbursements, the motion granted and the complaint dismissed. The Clerk is directed to enter judgment in favor of defendant-appellant dismissing the complaint.
Plaintiff, a Cayman Islands corporation, commenced this action to recover losses in excess of $2.3 million arising out of five interest rate swaps transactions recommended to plaintiff by defendant. In our view,…
2Cases cited3 opinions
- Silver v. Great American InsuranceNew York Court of Appeals · 1972
- Waterways Limited v. Bar-clays Bank PLCAppellate Division of the Supreme Court of the State of New York · 1991
- World Point Trading PTE., Ltd. v. ItalianoAppellate Division of the Supreme Court of the State of New York · 1996
3Cited by6 opinions
- Shin-Etsu Chemical Co. v. ICICI Bank Ltd.Appellate Division of the Supreme Court of the State of New York · 2004
- Finance & Trading Ltd. v. Rhodia S.A.Appellate Division of the Supreme Court of the State of New York · 2006
- Chawafaty v. Chase Manhattan BankAppellate Division of the Supreme Court of the State of New York · 2001
- Wildenstein v. WildensteinAppellate Division of the Supreme Court of the State of New York · 1998
- American BankNote Corp. v. DanieleAppellate Division of the Supreme Court of the State of New York · 2007
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