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RACEPOINT PARTNERS, LLC v. JPMORGAN CHASE BANK, N.A.

57 A.D.3d 378 (2008)

869 N.Y.S.2d 489

RACEPOINT PARTNERS, LLC, et al., Respondents, v. JPMORGAN CHASE BANK, N.A., Appellant.

Appellate Division of the Supreme Court of New York, First Department.

December 23, 2008.

After the December 2, 2001 bankruptcy filing by Enron Corporation, plaintiffs purchased certain notes issued by Enron. In this action, plaintiffs assert breach of contract and fiduciary duty claims against JPMorgan Chase Bank, N.A., which had served as indenture trustee for the notes. Plaintiffs' claims, which allege acts or omissions by JPMorgan occurring before plaintiffs purchased the notes, are predicated on section 4.02 of...

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