IKB INTL. S.A. v. STANLEY

Index No. 653964/12, Appeal No. 1833, Case No. 2023-01311.

2024 NY Slip Op 01675

IKB INTERNATIONAL S.A. ETC., ET AL., Respondents-Appellants, v. MORGAN STANLEY ET AL., Appellants-Respondents.

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

Decided March 26, 2024.


Attorney(s) appearing for the Case

David Polk & Wardwell LLP, New York ( James P. Rouhandeh of counsel), for appellants-respondents.

McFerrin-Clancy LLC, New York ( John J.D. McFerrin-Clancy of counsel), for respondents-appellants.

Before: Manzanet-Daniels, J.P., Moulton, Scarpulla, Pitt-Burke, O'Neill Levy, JJ.


Order, Supreme Court, New York County (Melissa Crane, J.), entered on or about March 1, 2023, which, to the extent appealed from as limited by the briefs, denied, in part, defendants' motion for summary judgment and held that (1) the relevant assignment of litigation claims was not champertous and (2) the applicable statute of limitations was that of New York and Luxembourg, rendering plaintiffs' claims timely, and granted defendants' motion for summary judgment dismissing...

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