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CHESAPEAKE ENERGY v. BANK OF NEW YORK MELLON TRUST

No. 15-2366-cv August Term 2015.

837 F.3d 146 (2016)

CHESAPEAKE ENERGY CORPORATION, Plaintiff-Appellant, v. BANK OF NEW YORK MELLON TRUST COMPANY, N.A., Defendant-Appellee.

United States Court of Appeals, Second Circuit.

Decided: September 15, 2016.

Attorney(s) appearing for the Case

PAUL M. SMITH , Jenner & Block LLP, Washington, DC ( Richard F. Ziegler , Stephen L. Ascher , Elizabeth A. Edmondson , Jenner & Block LLP, New York, NY, on the brief), for Plaintiff-Appellant.

ROY T. ENGLERT, JR. ( Mark T. Stancil , Jeremy C. Baron , Danielle B. Rosenthal , on the brief), Robbins, Russell, Englert, Orseck, Untereiner & Sauber LLP, Washington, DC, for Defendant-Appellee.

Before: CABRANES, LOHIER, and CARNEY, Circuit Judges.

The principal question presented is whether the District Court correctly determined the measure of compensation due to Noteholders, represented by defendant-appellee Bank of New York Mellon Trust Company, N.A. ("BNY Mellon"), arising from the underpayment to the Noteholders by plaintiff-appellant Chesapeake Energy Corporation ("Chesapeake"...

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