Assignment:
A businessman, Mr. Wyser–Pratte, met with Mr. Lederer at the Four Seasons Hotel in New York City. Mr. Lederer made a presentation about a German corporation, Babcock, and its plans to acquire 100 percent of HDW, another corporation. Wyser– Pratte invested $20 million, but shortly thereafter, Babcock sold its 50 percent stake in HDW rather than increasing it. Mr. Lederer left to run HDW and Babcock became insolvent. May Mr. Wyser–Pratte bring suit in New York? Discuss.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.