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BANK OF NEW YORK MELLON TRUST v. TELOS CLO 1006-1

16 Civ. 8963.

274 F.Supp.3d 191 (2017)

The BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, Solely as Trustee, Plaintiff, v. TELOS CLO 1006-1 LTD.; Telos CLO 2006-1, Inc.; Telos Asset Management LLC; Ellington Credit Opportunities, Ltd.; Cede & Co. as Nominee for The Depository Trust Company; Goldman Sachs & Co.; Hare & Co.; LLC; Knotfloat Co.; Mac & Co., LLC; BK Opportunities Fund SP; Tiptree Operating Company LLC; and John Does 1 Through 100, Defendants.

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

Signed August 7, 2017.

Editors Note
Applicable Law: 28 U.S.C. § 1335
Cause: 28 U.S.C. § 1335 Interpleader Action
Nature of Suit: 890 Other Statutory Actions
Source: PACER

Attorney(s) appearing for the Case

Attorney for Plaintiff: LOCKE LORD BISSELL & LIDDELL LLP, 3 World Trade Financial Center, 20th Floor, New York, NY 10281, By: Casey B. Howard, Esq.

Attorneys for Telos and Tiptree: WINSTON & STRAWN LLP, 200 Park Avenue, New York, NY 10166, By: Cristina I. Calvar, Esq. , Ian C. Eisner, Esq. , Richard W. Reinthaler, Esq.

Attorneys for Ellington and BK Opportunities: SCHINDLER COHEN & HOCHMAN LLP, 100 Wall Street, 15th Floor, New York, NY 10005, By: Lisa C. Cohen , Karen M. Steel.

OPINION

Interpleader defendant Telos Asset Management LLC ("Telos" or "Collateral Manager") has moved pursuant to Rule 56 of the Federal Rules of Civil Procedure for summary judgment to dismiss the interpleader action brought by plaintiff, The Bank of New York Mellon Trust Company, National Association ("Plaintiff...

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