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Posts Categorized: Subrogation

Posted: September 25, 2014

No Claim for Equitable Subrogation Where Payments Were Voluntary Settlements

On September 12, 2014, Justice Bransten of the New York County Commercial Division issued a decision in Hong Leong Fin. Ltd. (Singapore) v. Morgan Stanley, 2014 NY Slip Op. 51396(U), dismissing a claim for equitable subrogation. In Hong Leong Fin. Ltd., the defendants moved to dismiss the complaint of “Plaintiff Hong Leong Finance Limited (Singapore)… Read more »