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Parmalat Capital Fin. Ltd. v. Bank of Am. Corp.

Parmalat Capital Fin. Ltd. v. Bank of Am. Corp.

Ruling
District court erred in not exercising mandatory abstention to remand case with complex state law issues.
Procedural posture

Plaintiffs appealed from the judgments of the United States District Court for the Southern District of New York, dismissing their claims against the defendants after determining, pursuant to the mandate of the court, that mandatory abstention under 28 U.S.C.S. § 1334(c)(2) was not required in these bankruptcy-related cases.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on February 21, 2012 , LexisNexis #0312-070