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Bondi v. Capital & Fin. Asset Mgmt.

Bondi v. Capital & Fin. Asset Mgmt.

Ruling
District court properly denied motion of debtor in foreign proceeding to enjoin U.S. securities fraud action.
Procedural posture

Appellants challenged an order of the United States District Court for the Southern District of New York, denying a motion under 11 U.S.C.S. § 304 (repealed) by appellant debtor in foreign bankruptcy proceedings, to enjoin securities fraud actions brought against it in the United States.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on July 22, 2008 , LexisNexis #0808-056