Cahill Wins Dismissal in Integra Case for Deutsche Bank
Date: 03/22/16
A Cahill litigation team prevailed on behalf of Deutsche Bank AG in litigation brought by investment funds Integra FX3X Fund, L.P. and Integra Investment Management, L.P. in the United States District Court for the Southern District of New York. Integra filed suit in October 2014 against Deutsche Bank, its former foreign exchange prime broker, asserting numerous contract and tort claims relating to Deutsche Bank’s margining methodology. On March 22, 2016, U.S. District Judge Paul Oetken granted Deutsche Bank’s motion to dismiss Integra’s complaint, finding that Integra failed to state any of its eight asserted claims.