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NAT. CREDIT UNION ADMIN. v. U.S. BANK NAT. ASS'N

18 Civ. 11366 (LLS).

439 F.Supp.3d 275 (2020)

NATIONAL CREDIT UNION ADMINISTRATION BOARD and Graeme W. Bush, Plaintiffs, v. U.S. BANK NATIONAL ASSOCIATION, Defendant.

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

Signed February 13, 2020.

Editors Note
Applicable Law: 12 U.S.C. § 1751
Cause: 12 U.S.C. § 1751 Fed Credit Unions: Short Title
Nature of Suit: 190 Contract: Other
Source: PACER

Attorney(s) appearing for the Case

John Anton Libra, Matthew Davies, Korein Tillery, LLC, Chicago, IL, Scott K. Attaway, Kellogg, Huber, Hansen, Todd & Evans, P.L.L.C., Washington, DC, Steven Sanford Fitzgerald, Wollmuth Maher & Deutsch LLP, New York, NY, for Plaintiffs.

Albert J. Rota, Andrew Steven Kleinfeld, Jones Day, New York, NY, David F. Adler, Pro Hac Vice, Michael T. Marcucci, Jones Day, Boston, MA, Louis A. Chaiten, Shimshon Balanson, Jones Day, Cleveland, OH, for Defendant.

OPINION & ORDER

Plaintiffs brought this action against defendant U.S. Bank National Association ("U.S. Bank") alleging breach of contract, negligence, gross negligence, and breach of fiduciary duty for failure to perform its duties as trustee. Plaintiffs also allege that U.S. Bank is not entitled to indemnification...

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