Legal Opinion

In Re Enron Corp. Securities, Derivative & Erisa Lit.

District Court, S.D. Texas

Decided January 6, 2011No. MDL-1446. Civil Action Nos. H-01-3624, H-03-1276PublishedCited by 49 opinions

1Opinion of the Court

OPINION AND ORDER OF DISMISSAL

MELINDA HARMON, District Judge.

The above referenced action, H-03-1276, alleges that a Defendant Deutsche Bank Securities, Inc. (“Deutsche Bank” or “the bank”) 1 fraudulently induced Plaintiffs Westboro Properties LLC and Stonehurst Capital, Inc. in 1999 and 2000 to purchase beneficial ownership interests (“Osprey Certificates”) in the Osprey Trust, a special purpose entity (“SPE”) allegedly secured by worthless or nearly worthless assets purchased from Enron Corporation purportedly through “arms-length” transactions and dumped into Osprey, as part of a larger…

2Cases cited195 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Conley v. GibsonSupreme Court of the United States · 1957
  4. Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
  5. Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007

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3Cited by49 opinions

  1. Apollo Energy, LLC v. Lloyd'SDistrict Court, M.D. Louisiana · 2019
  2. Silvercreek Management, Inc. v. Citigroup, Inc.District Court, S.D. New York · 2017
  3. In re National Century Financial Enterprises, Inc., Investment LitigationDistrict Court, S.D. Ohio · 2012
  4. BNP Paribas Mortgage Corp. v. Bank of America, N.A.District Court, S.D. New York · 2012
  5. Ogle v. Comcast Corp. (In re Houston Regional Sports Network, L.P.)United States Bankruptcy Court, S.D. Texas · 2016

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