Morgan Stanley High Yield Securities, Inc. v. Seven Circle Gaming Corp.
District Court, S.D. New York
1Opinion of the Court
ORDER
BERMAN, District Judge.
I. Background
On March 5, 2002, plaintiffs, who are seven high-yield mutual debt funds (collectively, “Morgan Stanley” or “Plaintiffs”), filed this action against Seven Circle Gaming Corporation, formerly known as Swiss Casinos of America, Inc. (“Defendant” or “Swiss Casinos”). Plaintiffs contend that Defendant breached a Note Purchase Agreement, dated August 1, 2001 (“Agreement”), pursuant to which Defendant agreed to purchase certain notes and warrants from Morgan Stanley. On April 15, 2002, Plaintiffs filed a motion for summary judgment pursuant to Rule 56 of the…
2Cases cited73 opinions
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- Adickes v. S. H. Kress & Co.Supreme Court of the United States · 1970
- United States v. RaddatzSupreme Court of the United States · 1980
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