Complaint “to recover damages caused by Markit’s gross negligence and recklessness in providing derivative indices that it both knew and intended would be relied upon by market participants such as Plaintiffs, who transacted in total return swaps, when such indices were, in fact, unreliable and based on incorrect and commercially unreasonable data” in Hollis Park Partners LP, of Delaware, and Hollis Park Opportunities Master Fund Ltd., of the Cayman Islands v. Markit North America Inc., of New York, and IHS Markit Benchmark Administration Ltd., of London, England, at the Supreme Court of the State of New York, County of New York.
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Cayman Islands Civil Complaint Courts Documents England Investment New York Supreme Court (New York County) United Kingdom USADecember 21, 2021
Hollis Park Partners LP et al v. Markit North America Inc. et al: $7.6M Complaint
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December 21, 2021
Markit North America Inc., IHS Markit Benchmark Administration Ltd.
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Cayman Islands England Investment USA United KingdomKeywords
Hollis Park IHS Markit