BANK OF NEW YORK MELLON v. COMMERZBANK

No. 372, 2012.

65 A.3d 539 (2013)

The BANK OF NEW YORK MELLON, solely in its capacity as Property Trustee pursuant to a certain Amended and Restated Trust Agreement described below, Plaintiff Below, Appellant, v. COMMERZBANK CAPITAL FUNDING TRUST II; Commerzbank Capital Funding LLC II; and Commerzbank Aktiengesellschaft, Defendants Below, Appellees.

Supreme Court of Delaware.

Decided: March 19, 2013.

Reargument Denied May 2, 2013.


Attorney(s) appearing for the Case

Collins J. Seitz, Jr. (argued), Garrett B. Moritz , and S. Michael Sirkin, Esquires , Seitz Ross Aronstam & Moritz LLP, Wilmington, Delaware; Of Counsel: Sigmund S. Wissner-Gross, Esquire , Brown Rudnick LLP, New York, NY; for Appellant.

William M. Lafferty , Thomas W. Briggs, Jr. , and Ryan D. Stottmann, Esquires , Morris, Nichols, Arsht & Tunnell LLP, Wilmington, Delaware; Of Counsel: Lawrence Byrne , Martin S. Bloor (argued), and Patrick C. Ashby, Esquires , Linklaters LLP, New York, NY; for Appellees.

Before STEELE, Chief Justice, HOLLAND, BERGER, JACOBS and RIDGELY, Justices, constituting the Court en Banc.


JACOBS, Justice.

In 2006, a German bank organized two affiliated entities under Delaware law. One of those entities sold a class of securities — Trust Preferred Securities — to investors as part of the bank's effort to raise capital. In 2009, the bank acquired a second German bank by merger, whereby the bank assumed an obligation of the acquired bank to make certain payments with respect to a class of the acquired bank's securities. Post-merger, the...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases