J.P. Morgan Investment Management Inc. v. AmCash Group, LLC

Order, Supreme Court, New York County (Eileen Bransten, J.), entered November 9, 2012, which, insofar as appealed from, denied plaintiffs’ motion for summary judgment on their declaratory relief claim, and denied their motion for summary judgment dismissing defendants’ first and second counterclaims, unanimously reversed, on the law, with costs, the motion granted, and it is declared that the JFMorgan current yield money market mutual fund is not a “Current Yield ETF” within the meaning of the termination agreement and therefore defendants are not entitled to any termination agreement…