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WELLS FARGO BANK, N.A. v. WRIGHTS MILL HLDNG., LLC

No. 14 Civ. 9783(PAE).

127 F.Supp.3d 156 (2015)

WELLS FARGO BANK, N.A., as Trustee, Plaintiff, v. WRIGHTS MILL HOLDINGS, LLC; Eton Park Capital Management; Montrose Credit I, LLC; Montrose Credit II, LLC; Montrose Credit III, LLC; Montrose Credit IV, LLC; Waterfall Asset Management; Moishe Gubin; and Cede & Co., Defendants.

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

Signed August 31, 2015.

Attorney(s) appearing for the Case

Michael Edward Johnson , Alston & Bird, LLP, New York, NY, Sheila Shah , Alston & Bird LLP, Los Angeles, CA, for Plaintiff.

Gregory P. Joseph , Christopher James Stanley , Honey L. Kober , Peter R. Jerdee , Joseph Hage Aaronson LLC, Michael Andrew Hanin , Kasowitz, Benson, Torres & Friedman, LLP, Thomas M. Crispi , Schiff Hardin.Com, Aimee Taub Bandler , The Depository Trust & Clearing Corporation, New York, NY, John N. Scholnick , Tal C. Chaiken , Schiff Hardin LLP, Chicago, IL, for Defendants:

OPINION & ORDER

At issue in this interpleader action is whether Wells Fargo Bank, N.A. ("Wells Fargo"), the Trustee responsible for the assets held in a collateralized debt obligation ("CDO"), is obliged, under the terms of the indenture under which the

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