Legal Opinion

RSL COMMUNICATIONS PLC v. Bildirici

District Court, S.D. New York

Decided August 14, 2009No. 04 Civ. 5217(RJS)PublishedCited by 25 opinions

1Opinion of the Court

OPINION AND ORDER

RICHARD J. SULLIVAN, District Judge.

The joint insolvency administrators of Plaintiff RSL Communications Pic (“RSL Pic”) bring this diversity action on behalf of Plaintiff, alleging that seven former members of RSL Pic’s Board of Directors breached fiduciary duties owed to RSL Pic and its creditors. 1 In its two causes of action, Plaintiff seeks to hold Defendants individually liable for approximately $1 billion in damages, a figure that represents Plaintiffs estimate of the decline in RSL Pic’s value during the year 2000.

Before the Court are the parties’ cross-motions for…

2Cases cited66 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  3. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  4. Price Waterhouse v. HopkinsSupreme Court of the United States · 1989
  5. Arizona v. CaliforniaSupreme Court of the United States · 1983

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3Cited by25 opinions

  1. Nordwind v. RowlandCourt of Appeals for the Second Circuit · 2009
  2. Sanford v. Waugh & Co., Inc.Tennessee Supreme Court · 2010
  3. Sheehy v. New Century Mortgage Corp.District Court, E.D. New York · 2010
  4. Versatile Housewares & Gardening Systems, Inc. v. Thill Logistics, Inc.District Court, S.D. New York · 2011
  5. Fox v. KoplikDistrict Court, S.D. New York · 2013

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