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IN RE FAIRFIELD SENTRY LTD.

Case No. 10-13164 (JPM) (Jointly Administered) Adv. Pro. No. 10-03630 (JPM).

657 B.R. 1 (2024)

IN RE: FAIRFIELD SENTRY LIMITED, et al. Debtors in Foreign Proceedings. Fairfield Sentry Ltd. (In Liquidation), et al., Plaintiffs, v. HSBC Securities Services (Luxembourg) S.A., et al., Defendants.

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

Signed January 29, 2024.

Attorney(s) appearing for the Case

Cleary Gottlieb Steen & Hamilton LLP, Counsel for Defendant HSBC Securities Services (Luxembourg) S.A., One Liberty Plaza, New York, NY 10006, By: Jeffrey A. Rosenthal , Joseph M. Kay , David Z. Schwartz , JD Colavecchio , Thomas Q. Lynch , 2112 Pennsylvania Avenue, N.W., Washington, D.C., 20037 By: Nowell D. Bamberger .

Brown Rudnick LLP, Attorneys for the Plaintiffs Joint Liquidators, Seven Times Square, New York, NY 10036, By: Jeffrey L. Jonas , David J. Molton , Marek P. Krzyzowski .

MEMORANDUM OPINION AND ORDER DENYING DEFENDANT'S MOTION TO DISMISS

I. INTRODUCTION

Pending before the Court is the motion of the Defendant, HSBC Securities Services (Luxembourg) S.A., ("HSBC Lux" or "Defendant...

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