Bondi v. Capital & Fin. Asset Mgmt.

Pre 2005-Act: 
Pre 2005-Act
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of the United States District Court for the Southern District of New York, denying a motion under 11 U.S.C.S. § 304 (repealed) by appellant debtor in foreign bankruptcy proceedings, to enjoin securities fraud actions brought against it in the United States.
Issue: 
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Commercial case opionion summary, case decided on July 22,2008, LexisNexis #0808-056