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BANK HAPOALIM B.M. v. WESTLB AG

11599, 603458/09.

121 A.D.3d 531 (2014)

995 N.Y.S.2d 7

2014 NY Slip Op 07092

BANK HAPOALIM B.M. et al., Appellants, et al., Plaintiffs, v. WESTLB AG et al., Respondents.

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

Decided October 21, 2014.

Order, Supreme Court, New York County (Shirley Werner Kornreich, J.), entered September 24, 2012, which granted defendants' motion to dismiss the complaint, unanimously affirmed, without costs.

Plaintiffs, investors in a structured investment vehicle (SIV), are the holders of "income notes" issued by two SIVs, Harrier Finance Limited and Harrier Finance (US) Limited (collectively, Harrier) and Kestrel Funding p.l.c. and Kestrel Funding (US) LLC (collectively, Kestrel...

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