District Court, S.D. New York January 22, 2003, 02 Civ. 9229(GEL) (Beacon Hill CBO II, Ltd. v. Beacon Hill Asset Management LLC)

OPINION AND ORDER

LYNCH, District Judge.

Plaintiffs Beacon Hill CBO II, Ltd. (“CBO II”) and Beacon Hill CBO III, Ltd. (“CBO III”) (collectively the “Issuers”) entered into portfolio management agreements on July 19, 2001, and August 7, 2002, respectively (“Portfolio Management Agreements” or “Agreements”), with defendant Beacon Hill Asset Management LLC (“Beacon Hill” or “Portfolio Manager”),