Legal Opinion
UnitedHealth Group Inc. v. Wilmington Trust Co.
District Court, D. Minnesota
Decided March 10, 2008No. 06-CV-4307 JMR/FLNPublishedCited by 2 opinions
1Opinion of the Court
ORDER
JAMES M. ROSENBAUM, District Judge.
This dispute centers on the meaning of a single provision of an Indenture.
On March 2, 2006, plaintiff, United-Health Group Inc. (“UHG”), publicly issued $850 million principal aggregate of 5.8% senior Notes, due March 15, 2036 (“Notes”). The Notes were issued pursuant to an Indenture, dated November 15, 1998. Defendant, Wilmington Trust Co., serves as the Indenture trustee. Defendant claims plaintiff defaulted on the Notes under the terms of the Indenture, and seeks accelerated payment on the Notes and concomitant enormous instantaneous profit. 1
UHG…
2Cases cited10 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Salve Regina College v. RussellSupreme Court of the United States · 1991
- Laba v. CareyNew York Court of Appeals · 1971
- Doris Filner v. Samuel Shapiro and Southwestern Alloys CorporationCourt of Appeals for the Second Circuit · 1980
5 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- UnitedHealth Group Inc. v. Wilmington Trust Co.Court of Appeals for the Eighth Circuit · 2008
- UnitedHealth Group Inc. v. Wilmington Trust Co.Court of Appeals for the Eighth Circuit · 2008