BDC FINANCE LLC v. BARCLAYS BANK PLC

10019, 650375/08.

176 A.D.3d 454 (2019)

110 N.Y.S.3d 418

2019 NY Slip Op 07219

BDC Finance LLC, Appellant, v. Barclays Bank PLC, Respondent.

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

Decided October 8, 2019.


Attorney(s) appearing for the Case

Joseph Hage Aaronson LLC, New York ( Gregory P. Joseph of counsel), for appellant.

Sullivan & Cromwell LLP, New York ( Jeffrey T. Scott of counsel), for respondent.

Concur—Friedman, J.P., Sweeny, Richter, Mazzarelli, Webber, JJ.


BDC claims that Barclays was contractually required to transfer the "undisputed amount" of $5,080,000 to it by the close of business on October 7, 2008, and that Barclays' failure to make the full transfer of that amount on that day resulted in its being obligated to pay a $40 million collateral call in its entirety, which it did not do.

In a prior appeal in this case, this Court granted BDC's motion for summary judgment on its cause of action for breach of contract...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases