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MASON-MAHON v. FLINT

2015-12400. Index No. 602052/14.

166 A.D.3d 754 (2018)

87 N.Y.S.3d 556

2018 NY Slip Op 07716

Michael Mason-Mahon, Derivatively on Behalf of HSBC Holdings PLC, HSBC Bank USA, N.A., HSBC North America Holdings, Inc., and HSBC USA Inc., Appellant, v. Douglas J. Flint et al., Defendants, and HSBC Holdings, PLC, et al., Nominal Defendants-Respondents.

Appellate Division of the Supreme Court of New York, Second Department.

Decided November 14, 2018.

Ordered that the order is reversed insofar as appealed from, with costs, and the nominal defendants' motion to dismiss the amended complaint is denied.

The nominal defendant HSBC Holdings, PLC (hereinafter HSBC Holdings), is a company organized under the laws of the United Kingdom and headquartered in London, and is one of the world's largest international financial institutions. It directly or indirectly owns the remaining...

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