UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
INFORMATION REQUIRED IN PROXY STATEMENT
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BlackRock Muni New York Intermediate Duration Fund, Inc. |
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BlackRock Muni New York Intermediate Duration Fund, Inc. (the “Fund”) Defeats
Saba Capital Master Fund, LTD.’s (“Saba Capital”) Motion for Preliminary Injunction
On July 12, 2019, a hearing was held on Saba Capital’s motion for a preliminary injunction in litigation before the Circuit Court of Maryland, captioned Saba Capital Master Fund, Ltd. v. BlackRock Muni New York Intermediate Duration Fund, Inc., Case No.24-C-19-003168 (Md. Cir. Ct.). At the conclusion of the hearing, the judge presiding over the action stated that Saba Capital failed to establish it was entitled to an injunction requiring that votes for Saba Capital’s nominees to the Board of the Fund be counted. As such, the Fund maintains that Saba Capital’s nominees are invalid, and, in accordance with the judge’s statements, votes for Saba Capital’s nominees will not be counted at the upcoming shareholder meeting.