QVT Fund v. Eurohypo

CONCLUDED

Hearing
03/29/11 – 03/29/11

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Play button overlay 45f08f27c7337d189e8c31e635b5d0a0781b273131135cd77ee8b6f12366e7a2

Summary

In this financial services litigation hearing on motion to stay discovery and dismiss, defendant Eurohypo Capital Funding LLC’s counsels argued that the lawsuit brought against the bank by the plaintiff QVT Fund LP must be dismissed because a similar proceeding was also ongoing against the defendant in Germany. In the lawsuit, QVT Fund LP alleged that the defendant which is a subsidiary of Germany’s Commerzbank Group, didn’t paid the plaintiff for the investment made by the plaintiff in profit dependent securities which the defendant had used to raise capital thereby violating contractual obligation.

The plaintiff was represented by attorney Robert Juman. The defendant was represented by attorney Amanda Gallager.

Sessions

Recording Disclaimer: This proceeding was recorded in full.

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