Legal Opinion

UBS Financial Services Inc. v. Carilion Clinic

District Court, E.D. Virginia

Decided July 30, 2012No. Civil Action No. 3:12cv424-JAGPublishedCited by 7 opinions

1Opinion of the Court

MEMORANDUM OPINION

JOHN A. GIBNEY, JR., District Judge.

This matter is before the Court on the plaintiffs’ motion for a preliminary injunction pursuant to Federal Rule of Civil Procedure 65. In the dispute that underlies this litigation, the defendant, Carilion Clinic (“Carilion”), contends that UBS Financial Services, Inc. (“UBS”) and CitiGroup Global Markets, Inc. (“Citi”) fraudulently induced Carilion to issue over $308 million in municipal bonds.

On February 11, 2012, Carilion initiated arbitration against UBS and Citi with the Financial Industries Regulation Authority (“FINRA”). The…

2Cases cited22 opinions

  1. Winter v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 2008
  2. Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
  3. At&T Technologies, Inc. v. Communications WorkersSupreme Court of the United States · 1986
  4. The Bremen v. Zapata Off-Shore Co.Supreme Court of the United States · 1972
  5. Volt Info. Sciences, Inc. v. Bd. of Trustees of Leland Stanford Jr. U.Supreme Court of the United States · 1989

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3Cited by7 opinions

  1. UBS Financial Services, Incorporated v. Carilion ClinicCourt of Appeals for the Fourth Circuit · 2013
  2. Goldman, Sachs & Co. v. Golden Empire Schools Financing AuthorityDistrict Court, S.D. New York · 2013
  3. In re the Marriage of DorseyColorado Court of Appeals · 2014
  4. Charlotte-Mecklenburg Board of Education v. 34 ED, LLCDistrict Court, W.D. North Carolina · 2020
  5. Curio Wellness Corporation v. Houston Specialty Insurance CompanyDistrict Court, D. Maryland · 2025

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