Defendant TCW Asset Management Company (TCW) moves, pursuant to CPLR 3212, for summary judgment against plaintiffs Basis Pac-Rim Opportunity Fund (Master) (Pac-Rim) and Basis Yield Alpha Fund (Master) (BYAFM) (collectively, Basis). Basis opposes the motion. For the reasons that follow, TCW's motion is denied.
I. Factual Background & Procedural History
Unless otherwise indicated, the following facts are undisputed.[FN1]
A. Introduction