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LARSEN & TOUBRO LIMITED v. MILLENIUM MANAGEMENT, INC.

37 A.D.3d 213 (2007)

827 N.Y.S.2d 866

LARSEN & TOUBRO LIMITED, Respondent, v. MILLENIUM MANAGEMENT, INC., et al., Appellants, et al., Defendants.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided February 8, 2007.

The panel's reading and application of the subject note's provision barring setoffs, even if not specifically barring defenses, was neither in "manifest disregard of the law" (Wien & Malkin LLP v Helmsley-Spear, Inc., 6 N.Y.3d 471, 480-481 [2006], cert dismissed ___ US ___, 127 S.Ct. 34 [2006]) nor "totally irrational" (Matter of Local Div. 1179, Amalgamated Tr. Union, AFL-CIO [Green Bus Lines],

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