District Court, S.D. New York October 13, 2004, 01 Civ.9510 MGC, 02 Civ.8251 MGC (Filler v. Hanvit Bank)

OPINION

CEDARBAUM, District Judge.

Defendants move to dismiss the complaints in these two related actions. For the following reasons, the motions are granted.

BACKGROUND

These actions arise from the collapse in November 2000 of Lernout & Hauspie Speech Products N.V. (“L

&

H Belgium”), a Belgian corporation which developed speech recognition software.