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LARACH v. STANDARD CHARTERED BANK INTERN.

Case No. 09-21178-CIV.

724 F.Supp.2d 1228 (2010)

Miguel J. LARACH and Great American Corporation, Plaintiff, v. STANDARD CHARTERED BANK INTERNATIONAL (AMERICAS) LIITED and Stanchart Securities International, Inc., Defendants.

United States District Court, S.D. Florida, Miami Division.

July 2, 2010.

Attorney(s) appearing for the Case

Carlos Francisco Concepcion, Concepcion & Associates, Miami, FL, Ricardo Hugo Puente, Scott Allen Burr, Concepcion Sexton & Martinez, Coral Gables, FL, for Plaintiff.

Lacey DeLynne Diggs, Ricardo A. Gonzalez, Greenberg Traurig, Miami, FL, for Defendants.

ORDER GRANTING IN PART AND DENYING IN PART DEFENDANTS' MOTION TO DISMISS

FEDERICO A. MORENO, Chief Judge.

Plaintiffs Miguel Larach and Great American Corporation allege that Defendants pledged the assets of the accounts they hold with Defendants' banks as security on loans made to Miguel Larach's sons without Plaintiffs' authorization. Defendants argue in opposition that Plaintiffs executed valid pledges that authorized Defendants' actions and that...

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