WOORI BANK v. MERRILL LYNCH

No. 12 Civ. 3993 (VM).

923 F.Supp.2d 491 (2013)

WOORI BANK, Plaintiff, v. MERRILL LYNCH, et al., Defendants.

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

February 6, 2013.


Attorney(s) appearing for the Case

Seth Rich Gassman , Kristen Ward Broz , Michael D. Hausfeld , Nathaniel C. Giddings , Timothy S. Kearns , William P. Butterfield , Hausfeld LLP, Washington, DC, Christopher L. Lebsock , Michael P. Lehmann , Hausfeld LLP, San Francisco, CA, Hojin Seo , Deryook USA , New York, NY, for Plaintiff. Adam Selim Hakki , John Gueli , Shearman & Sterling LLP, David B. Hennes , Stephanie J. Goldstein , Fried, Frank, Harris, Shriver & Jacobson, New York, NY, for Defendants.

Adam Selim Hakki , John Gueli , Shearman & Sterling LLP, David B. Hennes , Stephanie J. Goldstein , Fried, Frank, Harris, Shriver & Jacobson, New York, NY, for Defendants.


DECISION AND ORDER

VICTOR MARRERO, District Judge.

Plaintiff Woori Bank ("Woori") filed the complaint in this action on May 18, 2012 asserting common law claims for fraud, rescission, negligent misrepresentation, and unjust enrichment (the "Complaint") arising out of its $143 million investment in seven collateralized debt-obligations ("CDOs"). By letter dated September 20, 2012, Merrill Lynch & Co., Inc., Merrill Lynch International, Inc., Merrill...

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