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Lerner v. Prince, 650417/09

Publication Date: 2014-05-27
Practice Area:
Industry:
Court: Appellate Division, First Department
Judge: Before: Moskowitz,J.P., Richter, Manzanet-Daniels, Gische, JJ.
Attorneys: For plaintiff: For appellant: Richard D. Greenfield of counsel, Greenfield & Goodman LLC, New York
for defendant: For respondents: Richard W. Clary and Rory A. Leraris of counsel; Cravath, Swaine & Moore LLP, New York. Respondents: for Charles O. Price, Robert Druskin, Sallie L. Krawcheck, Robert E. Rubin, Gary Crittenden, John C. Gerspach, Lewis B. Kaden, David C. Bushnell, Thomas G. Maheras, Michael Klein, Geoffrey O. Coley, Randolph H. Barker, Michael Raynes, Nestor Dominguez, and Janice L. Warne; Brad S. Karp, Richard A. Rosen and Susanna M. Buergel of counsel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York. Respondent: Lawrence B. Pedowitz and Bradley R. Wilson of counsel, for Citigroup Inc., Wachtell, Lipton, Rosen & Katz, New York.
Case Number: 650417/09

Cite as: Lerner v. Prince, 650417/09, NYLJ 1202656878018, at *1 (App. Div., 1st, Decided May 22, 2014) 650417/09 Before: Moskowitz,J.P., Richter,

STANLEYLERNER, ETC., plf-ap, v. CHARLES O. PRINCE, III def-res, CITIGROUP INC., Nominal def-res

Publication Date: 2014-05-27
Practice Area:
Industry:
Court: SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT
Judge: Moskowitz, J.P., Richter, Manzanet-Daniels, Gische, JJ.
Attorneys: For plaintiff:
for defendant:
Case Number: 10616-10616A

10616-10616A. STANLEYLERNER, ETC., plf-ap, v. CHARLES O. PRINCE, III def-res, CITIGROUP INC., Nominal def-res — Greenfield & Goodman LLC, New York (Richard D. Greenfield of counsel)

Stanley Lerner, etc., Plaintiff-Appellant, v. Charles O. Prince, III, et al., Defendants-Respondents, Citigroup Inc., Nominal Defendant-Respondent

Publication Date: 2014-05-27
Practice Area:
Industry:
Court: SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT
Judge: Moskowitz, J.P., Richter, Manzanet-Daniels, Gische, JJ.
Attorneys: For plaintiff:
for defendant:
Case Number: 10616

10616. Stanley Lerner, etc., Plaintiff-Appellant, v. Charles O. Prince, III, et al., Defendants-Respondents, Citigroup Inc., Nominal Defendant-Respondent.—Plaintiff appeals from the ord

May 23, 2014 | Commercial Litigation Insider

Panel Affirms Dismissal of Discovery Motion in Shareholder Derivative Suit

New York courts should follow Delaware’s no-discovery rule once a shareholder plaintiff has made a pre-suit demand upon a corporate board that is refused, a unanimous panel on the Appe

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Stanley Lerner, etc., Plaintiff-Appellant v. Charles O. Prince, III, et al., Defendants-Respondents, Citigroup Inc., Nominal Defendant-Respondent, 650417/09

Publication Date: 2014-05-23
Practice Area:
Industry:
Court: Appellate Division, First Department
Judge: Before: Moskowitz,J.P., Richter, Manzanet-Daniels, Gische, JJ.
Attorneys: For plaintiff: For appellant: Richard D. Greenfield of counsel, Greenfield & Goodman LLC, New York
for defendant: For respondents: Richard W. Clary and Rory A. Leraris of counsel; Cravath, Swaine & Moore LLP, New York. Respondents: for Charles O. Price, Robert Druskin, Sallie L. Krawcheck, Robert E. Rubin, Gary Crittenden, John C. Gerspach, Lewis B. Kaden, David C. Bushnell, Thomas G. Maheras, Michael Klein, Geoffrey O. Coley, Randolph H. Barker, Michael Raynes, Nestor Dominguez, and Janice L. Warne; Brad S. Karp, Richard A. Rosen and Susanna M. Buergel of counsel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York. Respondent: Lawrence B. Pedowitz and Bradley R. Wilson of counsel, for Citigroup Inc., Wachtell, Lipton, Rosen & Katz, New York.
Case Number: 650417/09

Cite as: Lerner v. Prince, 650417/09, NYLJ 1202656591905, at *1 (App. Div., 1st, Decided May 22, 2014) 650417/09 Before: Moskowitz,J.P., Richter,

May 23, 2014 | New York Law Journal

Panel Upholds Citigroup Directors' Rejection of Claim

A unanimous panel of the Appellate Division, First Department, on Tuesday upheld the dismissal of a shareholder derivative lawsuit against more than 20 current and former Citigroup, Inc. exe

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May 22, 2014 | Litigation Daily

Judge Dismisses Investor Suit Against Citigroup

A Citigroup Inc. shareholder has hit a dead end in a lawsuit alleging that the bank didn't properly investigate its bets on collateralized debt obligations (CDOs). In a a href="h

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Nomura Asset Capital Corp. v. Cadwalader, 116147/06

Publication Date: 2014-02-18
Practice Area:
Industry:
Court: Appellate Division, First Department
Judge: Before: Friedman, J.P., Sweeny, Jr., Renwick, Richter, JJ.
Attorneys: For plaintiff: For appellant: David R. Marriott and Evan R. Chesler of counsel, Cravath Swaine & Moore LLP, New York.
for defendant: For respondents: Amianna Stovall and Joel A. Chernov of counsel, Constantine Cannon LLP, New York.
Case Number: 116147/06

Cite as: Nomura Asset Capital Corp. v. Cadwalader, 116147/06, NYLJ 1202643058371, at *1 (App. Div., 1st, Decided February 13, 2014) 1161

February 18, 2014 | New York Law Journal

Court Tosses Claim of Malpractice Against Cadwalader

Editor's Note: This story was originally published in CLI sister publication The New York Law Journal on Feb. 14. Cadwalader Wickersham & Taft

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February 14, 2014 | New York Law Journal

Court Tosses Claim of Malpractice Against Cadwalader

Editors' Note: This article has been updated to reflect a Correction. Cadwalader Wick

1 minute read