New York Court of Appeals

Deutsche Bank Securities, Inc., Respondent v. Montana Board of Investments, Appellant

June 6, 20067 N.Y.3d 65

Summary

The New York Court of Appeals affirmed the Appellate Division's order granting summary judgment in favor of Deutsche Bank Securities and rejecting Montana Board of Investments' defenses. The court held that New York long‑arm jurisdiction was proper, that comity did not require dismissal despite Montana's venue restrictions, and that MBOI failed to produce evidence of insider trading, so summary judgment was appropriate.