United States Second Circuit

In breach of contract suit involving a credit default swap agreement, denial of defendant's motion for judgment on the pleadings and grant of summary judgment to plaintiffs is reversed as the district court erred in finding that a credit event occurred within the meaning of that term in the contract.

Appellate Information

• Decided 02/05/2007
• Published 02/06/2007

Judges

• SACK, Circuit Judge:, Before:  FEINBERG, CABRANES, and SACK, Circuit Judges.

Court

• United States Second Circuit

Counsel

• For Appellant:
  
• Joan A. Stumpf, Cadwalader, Wickersham & Taft LLP, New York, NY, for amicus curiae The International Swaps and Derivatives Association, Inc.


• For Appellees:
  
• David M. Lindley, Pillsbury Winthrop Shaw Pittman LLP (Eric Fishman, of counsel), New York, NY, for Defendant-Appellant., Christopher Landau, Kirkland & Ellis LLP (Jeffrey B. Wall, of counsel), Washington, DC, for Plaintiffs-Appellees.