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WILMINGTON TRUST COMPANY v. METROPOLITAN LIFE INSURANCE COMPANY

No. 600242/08.

2008 NY Slip Op 32239 (U)

WILMINGTON TRUST COMPANY, as Trustee for ISRAEL DISCOUNT BANK, Plaintiff, v. METROPOLITAN LIFE INSURANCE COMPANY and BLACKROCK, INC., Defendants.

Supreme Court of the State of New York, New York County.

August 4, 2008.

RICHARD B. LOWE, Judge.

This action principally involves a contract dispute between plaintiff Israel Discount Bank (IDB) and defendant Metropolitan Life Insurance Company (MetLife) arising from MetLife's sale of a corporate life insurance policy to IDB. IDB alleges that MetLife refused to reallocate assets that MetLife owned and invested on IDB's behalf, and now sues MetLife for breach of contract and breach of fiduciary duty. IDB has also named BlackRock, Inc. (BlackRock...

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