Citi Swap Provider Pleads For Ruling In Contract Dispute

Law360, New York (May 03, 2010, 6:42 PM ET) -- Investor firm CFIP Master Fund Ltd. on Monday asked for a ruling that it was wronged by Citigroup Inc. and U.S. Bank NA in a credit default swap agreement rigged to hedge against debt in companies that included recent bankruptcy-seekers LyondellBasell Industries and Charter Communications Inc.

Christopher Paul Johnson, an attorney with Kasowitz Benson Torres & Friedman LLP who is representing the fund, argued for summary judgment before Judge Jed S. Rakoff on Monday in the U.S. District Court for the Southern District of New York...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required