Legal Opinion
Wachovia Corp. v. Citigroup, Inc.
District Court, S.D. New York
Decided July 13, 2009No. 08 Civ. 8503(SAS)PublishedCited by 5 opinions
1Opinion of the Court
OPINION AND ORDER
SHIRA A. SCHEINDLIN, District Judge.
I. INTRODUCTION
Wachovia seeks a declaratory judgment that the merger between Wachovia and Wells Fargo in October 2008 is “valid, proper, and not prohibited” by an exclusivity agreement that was entered into by Citigroup and Wachovia prior to the merger. 1 Citigroup has moved for partial judgment on the pleadings pursuant to Federal Rule of Civil Procedure 12(c). For the reasons that follow, Citigroup’s motion is denied.
II. BACKGROUND 2
A. The Citigroup Transaction and Wells Fargo Proposal
By the end of September 2008, the nation had witnessed…
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- Concrete Pipe & Products of Cal., Inc. v. Construction Laborers Pension Trust for Southern Cal.Supreme Court of the United States · 1993
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