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CITIBANK, N.A. v. BARCLAYS BANK, PLC

No. 13 Civ. 03063(LGS).

28 F.Supp.3d 174 (2013)

CITIBANK, N.A., Plaintiff, v. BARCLAYS BANK, PLC, Defendant.

United States District Court, S.D. New York.

Signed November 22, 2013.

Attorney(s) appearing for the Case

Gregory P. Joseph, Douglas J. Pepe, Jeffrey Harrison Zaiger, Pamela H. Jarvis, Sandra M. Lipsman, Joseph Hage Aaronson LLC, Mary Jane Lee, Office of the General Counsel, New York, NY, for Plaintiff.

Jonathan David Schiller, Boies Schiller & Flexner LLP, New York, NY, Abby Lauren Dennis, Hamish P.M. Hume, Boies, Schiller & Flexner LLP, Washington, DC, William Todd Thomas, Boies, Schiller & Flexner LLP, Fort Lauderdale, FL, for Defendant.

OPINION AND ORDER

This is an action for breach of contract by Plaintiff Citibank, N.A. ("Citibank") against Defendant Barclays Bank, PLC ("Barclays"). The claim arises from a 2004 agreement between Citibank and Lehman Brothers, Inc. ("Lehman"), which provided that Citibank would clear Lehman's...

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