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MATTER OF WIMBLEDON FIN. MASTER FUND, LTD. v. WIMBLEDON FUND, SPC

6503, 652771/16.

162 A.D.3d 433 (2018)

2018 NY Slip Op 04075

In the Matter of Wimbledon Financing Master Fund, Ltd., Respondent, v. Wimbledon Fund, SPC, on Behalf of Class C Segregated Portfolio, Appellant, et al., Respondents.

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

Decided June 7, 2018.

Petitioner, the assignee of nonparty Weston Capital Partners Master Fund II, Ltd. (Partners), seeks to collect on a judgment that Partners obtained against nonparty Arius Libra, Inc., after Arius defaulted on a loan it received from Partners. Petitioner alleges that Partners' investment managers caused Partners to make the loan "and then promptly authorized" the transfer of $700,000 of the loan proceeds to respondent Wimbledon Fund, SPC on behalf of Class C Segregated Portfolio...

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