Legal Opinion

Silverstein ex rel. Tetragon Financial Group Ltd. v. Knief

District Court, S.D. New York

Decided February 14, 2012No. 11 Civ. 4776 (JSR)PublishedCited by 4 opinions

1Opinion of the Court

MEMORANDUM ORDER

JED S. RAKOFF, District Judge.

Plaintiff Daniel Silverstein brings this putative derivative action on behalf of Tet*442ragon Financial Group Ltd. (“TFG” or the “Fund”) against TFG’s principals and directors, its investment manager, Tetragon Financial Management LP (“TFM” or the “Investment Manager”) and Polygon Investment Partners LLP. The suit concerns $205 million in performance fees awarded to the Investment Manager. Plaintiff alleges that these fees were fraudulently awarded because they resulted from defendants’ manipulation of the Net Asset Value (“NAV”) of the Fund.

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2Cases cited9 opinions

  1. Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
  2. Hanna v. PlumerSupreme Court of the United States · 1965
  3. Sibbach v. Wilson & Co.Supreme Court of the United States · 1941
  4. Shady Grove Orthopedic Associates, P.A. v. Allstate Insurance Co.Supreme Court of the United States · 2010
  5. Mississippi Publishing Corp. v. MurphreeSupreme Court of the United States · 1946

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

3Cited by4 opinions

  1. In re Facebook, Inc.District Court, S.D. New York · 2013
  2. SC Note Acquisitions, LLC v. Wells Fargo Bank, N.A.District Court, E.D. New York · 2013
  3. Smith v. StevensDistrict Court, S.D. New York · 2013
  4. Moore v. J.W. Marriott, Jr.District Court, D. Maryland · 2021

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