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INTER-AMERICAN DEVELOPMENT BANK v. IIG TRADE OPPORTUNITIES FUND N.V.

No. 16 Civ. 9782 (PAE).

INTER-AMERICAN DEVELOPMENT BANK and OPEC FUND FOR INTERNATIONAL DEVELOPMENT, Plaintiffs, v. IIG TRADE OPPORTUNITIES FUND N.V., Defendant.

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

December 4, 2017.

Editors Note
Applicable Law: 07 U.S.C. § 499
Cause: 07 U.S.C. § 499 Agricultural Commodities Act
Nature of Suit: 891 Agriculture Acts
Source: PACER

Attorney(s) appearing for the Case

Inter-American Development Bank, Plaintiff, represented by Jeffrey A. Lehtman, Richards Kibbe & Orbe LLP.

Inter-American Development Bank, Plaintiff, represented by Stephanie Tsay, Richards Kibbe & Orbe LLP & David William Tod Daniels, Richards Kibbe & Orbe LLP.

OPEC Fund for International Development, Plaintiff, represented by Jeffrey A. Lehtman, Richards Kibbe & Orbe LLP, Stephanie Tsay, Richards Kibbe & Orbe LLP & David William Tod Daniels, Richards Kibbe & Orbe LLP.

IIG Trade Opportunities Fund, N.V., Defendant, represented by Agatha M. Cole, Chaitman LLP, Helen Davis Chaitman, Chaitman LLP, Gregory Michael Dexter, Chaitman LLP, Robert Seabrook Landy, Ford O'Brien LLP & Suzan Arden, Wasserman Grubin & Rogers LLP.

IIG Trade Opportunities Fund, N.V., Counter Claimant, represented by Agatha M. Cole, Chaitman LLP, Helen Davis Chaitman, Chaitman LLP, Gregory Michael Dexter, Chaitman LLP, Robert Seabrook Landy, Ford O'Brien LLP & Suzan Arden, Wasserman Grubin & Rogers LLP.

Inter-American Development Bank, Counter Defendant, represented by Stephanie Tsay, Richards Kibbe & Orbe LLP & David William Tod Daniels, Richards Kibbe & Orbe LLP.

OPEC Fund for International Development, Counter Defendant, represented by Stephanie Tsay, Richards Kibbe & Orbe LLP & David William Tod Daniels, Richards Kibbe & Orbe LLP.

OPINION & ORDER

This case involves an attempt to recover based on two contractual guarantees. Plaintiffs Inter-American Development Bank ("IDB") and OPEC Fund for International Development ("OFID") (collectively, "the Banks") bring the instant action against defendant IIG Trade Opportunities Fund...

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