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ODDO ASSET MGT. v. BARCLAYS

No. 126.

19 N.Y.3d 584 (2012)

950 N.Y.S.2d 325

2012 NY Slip Op 5124

ODDO ASSET MANAGEMENT, Appellant, v. BARCLAYS BANK PLC et al., Respondents, et al., Defendants.

Court of Appeals of New York.

Decided June 27, 2012.

Attorney(s) appearing for the Case

Grant & Eisenhofer P.A., New York City ( Geoffrey C. Jarvis , Jay W. Eisenhofer , Deborah A. Elman and David M. Haendler of counsel), for appellant.

Linklaters LLP, New York City ( Lance Croffoot-Suede , Sterling P.A. Darling, Jr., and Katherine R. Ryan of counsel), for Barclays Bank PLC and another, respondents.

Cahill Gordon & Reindel LLP, New York City ( Dean Ringel , Floyd Abrams and Victor Suthammanont of counsel), for McGraw-Hill Companies, Inc., respondent.

Judges CIPARICK, GRAFFEO, READ, SMITH, PIGOTT and JONES concur.

OPINION OF THE COURT

Chief Judge LIPPMAN.

Following the collapse of two investment vehicles, known as SIV-Lites, Oddo Asset Management (Oddo) commenced this action against Barclays Bank PLC, Barclays Capital Inc. (collectively, Barclays), and the McGraw-Hill Companies, Inc. (parent company of Standard & Poor's) claiming aiding and abetting breach of fiduciary duty and tortious interference with contract. For the reasons that follow, we conclude that...

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