ELBIT SYSTEMS LTD. v. CREDIT SUISSE GROUP

No. 10 Civ. 10 (SHS).

842 F.Supp.2d 733 (2012)

ELBIT SYSTEMS LTD., Plaintiff, v. CREDIT SUISSE GROUP, Defendant.

United States District Court, S.D. New York.

February 7, 2012.


Attorney(s) appearing for the Case

Katya T.P. Jestin , Brian Jason Fischer , Elizabeth Austin Edmondson , Jenner & Block, LLP, New York, NY, Michael T. Brody , Jenner & Block LLP, Chicago, IL, for Plaintiff.

Andrew L. Frey , Mark Hanchet , Michele Odorizzi , Mayer Brown LLP, New York, NY, for Defendant.


OPINION & ORDER

SIDNEY H. STEIN, District Judge.

This contract dispute focuses on the meaning and scope of a release of claims negotiated between Tadiran Communications Ltd. and Credit Suisse Securities (USA) LLC ("CSS"). Plaintiff Elbit Systems Ltd., Tadiran's successor, has sued defendant Credit Suisse Group ("Credit Suisse"), CSS's corporate parent, on claims of securities fraud, common law fraud, and unjust enrichment. Credit Suisse has now...

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