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U.S. BANK NATIONAL ASSOCIATION v. TRIAXX ASSET MANAGEMENT LLC

No. 16-cv-8507 (AJN).

U.S. Bank National Association, Plaintiff, v. Triaxx Asset Management LLC, et al., Defendants.

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

January 21, 2020.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity Action
Nature of Suit: 190 Contract: Other
Source: PACER

Attorney(s) appearing for the Case

U.S. Bank National Association, soley in its capacity as Trustee, Interpleader Plaintiff, represented by Alexander Seton Lorenzo , Alston & Bird, LLP, Elizabeth Anne Buckel , Alston & Bird, LLP & Sheila Shah , Alston & Bird LLP.

Triaxx Asset Management LLC, formerly known as ICP Asset Management LLC, Triaxx Prime CDO 2006-2 Ltd. & Triaxx Prime CDO 2007-1, LTD., Interpleader Defendants, represented by Diana Elizabeth Mahoney , Arnold & Porter Kaye Scholer LLP & Eric Nevins Whitney , Arnold & Porter Kaye Scholer LLP.

Pacific Investment Management Company, LLC, Interpleader Defendant, represented by Sandeep Savla , Latham & Watkins LLP, Corey Anne Calabrese , Latham & Watkins LLP & Gregory Stephen Mortenson , Latham & Watkins LLP.

Serengeti Asset Management, LP, Interpleader Defendant, represented by Michael Andrew Hanin , Kasowitz, Benson, Torres & Friedman, LLP, Henry Bowen Brownstein , Kasowitz Benson Torres LLP, Julianne Dorothy Rose Laporte , Kasowitz Benson Torres LLP & Ryan Douglas Ball , Kasowitz, Benson, Torres LLP.

Pacific Investment Management Company, LLC, Cross Defendant, represented by Sandeep Savla , Latham & Watkins LLP.

OPINION & ORDER

Interpleader Defendants Triaxx Asset Management and Serengeti Asset Management (collectively, the Movants) move for a stay of enforcement of this Court's September 16, 2019 Order and Judgment pending appeal to the Second Circuit. The Court concludes that the Movants may be irreparably...

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