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Saba Capital Master Fund, Ltd. v. BlackRock Mun. Income Fund

United States District Court, S.D. New York
Jan 4, 2024
23 CIVIL 5568 (JSR) (S.D.N.Y. Jan. 4, 2024)

Opinion

23 CIVIL 5568 (JSR)

01-04-2024

SABA CAPITAL MASTER FUND, LTD., and SABA CAPITAL MANAGEMENT, L.P., Plaintiffs, v. BLACKROCK MUNICIPAL INCOME FUND, INC., et al., Defendants.


JUDGMENT

It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated January 4, 2024, the Court denies each of the motions to dismiss, and grants summary judgment for Saba on all claims against the remaining defendants. The Court declares that the control share resolutions at issue violate Section 18(i) of the ICA and orders that those resolutions be rescinded forthwith; accordingly, the case is closed.


Summaries of

Saba Capital Master Fund, Ltd. v. BlackRock Mun. Income Fund

United States District Court, S.D. New York
Jan 4, 2024
23 CIVIL 5568 (JSR) (S.D.N.Y. Jan. 4, 2024)
Case details for

Saba Capital Master Fund, Ltd. v. BlackRock Mun. Income Fund

Case Details

Full title:SABA CAPITAL MASTER FUND, LTD., and SABA CAPITAL MANAGEMENT, L.P.…

Court:United States District Court, S.D. New York

Date published: Jan 4, 2024

Citations

23 CIVIL 5568 (JSR) (S.D.N.Y. Jan. 4, 2024)