Legal Opinion

International Equity Investments, Inc. v. Opportunity Equity Partners, Ltd.

District Court, S.D. New York

Decided April 20, 2006No. 05 Civ. 2745(LAK)PublishedCited by 57 opinions

1Opinion of the Court

MEMORANDUM OPINION

KAPLAN, District Judge.

This matter again is before the Court on another motion by plaintiffs for a preliminary injunction and on defendants’ motion to modify those injunctions already in place. Finding again that plaintiffs are likely to prevail on their claim that defendants are breaching their fiduciary duties to plaintiffs, their motion is granted. As defendants have not demonstrated that modification of the existing injunctions is appropriate, their motion is denied.

Facts 1

A. The Investment in Brasil Telecom

Citigroup has been investing in private equity in Brazil since…

2Cases cited15 opinions

  1. System Federation No. 91 v. WrightSupreme Court of the United States · 1961
  2. Semmes Motors, Inc., Suing on Behalf of Itself and Together With Ford Dealers Alliance, Inc., Etc. v. Ford Motor CompanyCourt of Appeals for the Second Circuit · 1970
  3. Tucker Anthony Realty Corp. v. SchlesingerCourt of Appeals for the Second Circuit · 1989
  4. Wendt v. FischerNew York Court of Appeals · 1926
  5. Veronice A. HOLT, Plaintiff-Appellant, v. the CONTINENTAL GROUP, INC., Defendant-AppelleeCourt of Appeals for the Second Circuit · 1983

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3Cited by57 opinions

  1. National Industries Group v. Carlyle Investment Management L.L.C.Supreme Court of Delaware · 2013
  2. Yusuf v. Hamed ex rel. HamedSupreme Court of The Virgin Islands · 2013
  3. International Equity Investments, Inc. v. Opportunity Equity Partners, Ltd.Court of Appeals for the Second Circuit · 2007
  4. Five Borough Bicycle Club v. City of New YorkDistrict Court, S.D. New York · 2007
  5. Gitlitz v. BellockColorado Court of Appeals · 2007

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