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TMR BAYHEAD SECURITIES, LLC v. AEGIS TEXAS VENTURE FUND II, LP

12306N, 115387/08

116 A.D.3d 608 (2014)

984 N.Y.S.2d 350

2014 NY Slip Op 2731

TMR BAYHEAD SECURITIES, LLC, et al., Respondents, v. AEGIS TEXAS VENTURE FUND II, LP, et al., Appellants.

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

Decided April 22, 2014.

Upon their motion for renewal, defendants submitted a letter and email from the Texas Treasury Safekeeping Trust Company (Texas Trust) regarding its view on the propriety of advancing litigation costs in this action and an underlying action from defendant Aegis Texas Venture Fund II, LP (Texas II Fund), a Texas certified capital company (CAPCO) fund. The letter and email were dated subsequent to the prior order granting plaintiff...

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