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COMPAGNIE FINANCIERE DE CIC ET DE L'UNION v. MERRILL LYNCH, PIERCE, FENNER & SMITH INC.

Docket No. 00-7171.

232 F.3d 153 (2000)

COMPAGNIE FINANCIERE DE CIC ET DE L'UNION EUROPEENNE; Management Investment Funding Limited, Plaintiffs-Appellants, v. MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, Defendant-Interpleader-Plaintiff-Appellee, Calex Ltd., Interpleader-Defendant-Appellee.

United States Court of Appeals, Second Circuit. August Term, 2000.

Decided: November 17, 2000.

Attorney(s) appearing for the Case

STEPHEN G. RINEHART, New York, NY, for plaintiffs-appellants.

KEVIN J. FEE, New York, NY (Daniel J. Kornstein and Ina R. Bort, on the brief), for interpleader-defendant-appellee.

Before: McLAUGHLIN, LEVAL, and SOTOMAYOR, Circuit Judges.

SOTOMAYOR, Circuit Judge:

Plaintiffs-appellants Compagnie Financiere de CIC et de L'Union Europeenne ("CFC") and Management Investment Funding Limited ("MIF") (collectively "plaintiffs") appeal from a grant of summary judgment entered on February 14, 2000, in the United States District Court for the Southern District of New York (Sand, J.) in favor of interpleader-defendant-appellee Calex Ltd. ("Calex"). The district court determined that the parties' agreement...

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