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SEJIN PRECISION INDUSTRY CO., LTD. v. CITIBANK

16 Civ. 6910 (JSR).

235 F.Supp.3d 542 (2016)

SEJIN PRECISION INDUSTRY CO., LTD., Mtekvision Co., Ltd., Sungjin Textile Industry Co., Ltd., Samhwan Steel Co., Ltd., Techno Electronics Co., Ltd., and Il Shin Spinning Co., Ltd., Plaintiffs, v. CITIBANK, N.A., Citigroup, Inc., Citibank Overseas Investment Corp., Citicorp Holdings, Inc., and Citigroup Global Markets, Inc., Defendants.

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

Signed June 26, 2016.

Attorney(s) appearing for the Case

Alan Lee Poliner, Peter Boris Melamed, Kim & Bae, P.C., Fort Lee, NJ, Bong June Kim, Kim & Bae, P.C., New York, NY, for Plaintiff.

Daniel Mumford Perry, Daniel Byron Kaplan, Jed Mastren Schwartz, Scott Alexander Edelman, Taryn Jean Gallup, Milbank, Tweed, Hadley & McCloy LLP, New York, NY, for Defendant.

MEMORANDUM ORDER

In a bottom-line order dated November 4, 2016, the Court granted defendants' motion to dismiss plaintiffs' complaint in its entirety under Federal Rule of Civil Procedure 12(b)(6). This Memorandum Order explains the reasons for that ruling and directs the entry of final judgment dismissing the case...

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