Anwar et al v. Fairfield Greenwich Limited et al, No. 1:2009cv00118 - Document 528 (S.D.N.Y. 2010)

Court Description: CLERK'S JUDGMENT That for the reasons stated in the Court's Memorandum Order dated September 10, 2010, Standard Chartered's motion to dismiss is granted; the amended complaint of plaintiffs Jitendra Bhatia, Gopal Bhatia, Kischanchand Bhatia, Jayshree Bhatia, and Mandakini Gajara, as well as the complaint of Tradewaves Ltd., Parasram Daryani, Neelam P. Daryani, Vika P. Daryani, Nikesh P. Daryani, Ashokkumar Damardas Raipancholia, Dilip Damodardas Raipancholia, Rajeshkumar Damodardas Raipancholia, Kishu Nathurmal Uttamchandani, Prerna Vinod Uttamchandani, Rajenmdrakumar Patel, Vandna Patel, Arjan Mohndas Bhatia, Kishin Mohandas Bhatia, Sursh M. Bhatia, Bharat Mohnadas, and Aarvess Ltd. are dismissed, provided that within seven (7) days of the date of Decision and Order dated September 14, 2010, Standard Chartered submits to the Court a statement expressing its consent that in the event plaintiffs in this action commence litigation in Singapore arising out of the circumstances and general claims asserted in this case, Standard Chartered would accept service of process and the relevant tribunals exercise of personal jurisdiction over them, not assert any defenses based on statutes of limitations that would not be available to Standard Chartered were the litigation of the action to proceed in this Court, and satisfy any final judgment rendered by a Singapore court of competent jurisdiction in connection with such litigation of claims arising out of the events described in the complaint in this action; accordingly, this case is closed, subject to its being reopened in the event Standard Chartered fails to satisfy the conditions specified above within seven days of the date of the Decision and Order dated September 14, 2010. (Signed by Clerk of Court Ruby Krajick on 9/21/10) (Attachments: # 1 notice of right to appeal)Filed In Associated Cases: 1:09-cv-00118-VM -THK, 1:09-cv-02410-VM, 1:09-cv-09423-VM(ml) (Entered: 09/22/2010)
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Anwar et al v. Fairfield Greenwich Limited et al Doc. 528 Att. 1