Legal Opinion
AHW Investment Partnership, MFS, Inc. v. Citigroup Inc.
District Court, S.D. New York
Decided October 30, 2013No. Nos. 09 MD 2070(SHS), 10 Civ. 9646(SHS)PublishedCited by 15 opinions
1Opinion of the Court
OPINION & ORDER
Table of Contents
I. BACKGROUND.........................................................515
II. DISCUSSION...........................................................516
A. The Claims are Direct, not Derivative...................................516
B. New York Substantive Law Governs the Fraud and Negligent Misrepresentation Claims............................................518
1. New York and Florida Law Conflict.................................519
a. Negligent Misrepresentation...................................519
b. Common Law Fraud..........................................519
2.…
2Cases cited53 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Lama Holding Co. v. Smith Barney Inc.New York Court of Appeals · 1996
- Mandarin Trading Ltd. v. WildensteinNew York Court of Appeals · 2011
- Dallas Aerospace, Inc., Plaintiff-Counter-Defendant-Appellant v. Cis Air Corporation, Defendant-Counter-Claimant-AppelleeCourt of Appeals for the Second Circuit · 2003
- Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
48 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Citigroup Inc. v. AHW Investment Partnership, MFS, Inc.Supreme Court of Delaware · 2016
- Alley Sports Bar, LLC v. SimplexGrinnell, LPDistrict Court, W.D. New York · 2014
- AHW Investment Partnership v. Citigroup Inc.Court of Appeals for the Second Circuit · 2015
- Matana v. MerkinDistrict Court, S.D. New York · 2013
- Odom v. Morgan Stanley Smith Barney, LLCDistrict Court, S.D. New York · 2013
10 more not listed; retrieve them via the Exa API.