This action for breach of contract arises out of defendant Utrecht-America's oral agreement (made through its agent, defendant Rabobank) to sell distressed assets to plaintiff (the trade) consisting of defendant's interest in a May 28, 1999 loan to nonparty Choctaw Investors B.V., a Dutch limited liability company, for 62.5 cents on the dollar. As a special financing vehicle for Enron Corporation, Choctaw included among the significant intangible assets securing the loan...
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