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United States Second Circuit


CALIFORNIA PUB. EMPLOYEES' RET. SYS. v. WORLDCOM, INC., 04-0219

The anti-removal provision of Securities Act section 22(a) does not preclude removal of individual actions that are "related to" a bankruptcy case under the bankruptcy removal statute, 28 U.S.C. section 1452(a).

Appellate Information

  • Decided 05/11/2004
  • Published 05/11/2004

Judges

  • JOSE A. CABRANES, Circuit Judge., Before:  OAKES and CABRANES, Circuit Judges.

Court

  • United States Second Circuit

Counsel

  • For Appellant:
  • William S. Lerach (Darren J. Robbins, Spencer A. Burkholz, Michael J. Dowd, Randall J. Baron, Thomas E. Egler, Douglas R. Britton, Susan G. Taylor and Benny C. Goodman III, of counsel), Milberg Weiss Bershad Hynes & Lerach, San Diego, CA (Patrick J. Coughlin, Randi D. Bandman, Azra Z. Mehdi, Luke O. Brooks, Sylvia Sum, and Connie M. Cheung, of counsel, Milberg Weiss Bershad Hynes & Lerach, San Francisco, CA), for Plaintiff-Appellant., John P. Coffey (Max W. Berger, Steven B. Singer, Chad Johnson, Beata Gocyk-Farber, John C. Browne, Jennifer L. Edlind, of counsel), Bernstein Litowitz Berger & Grossmann LLP, New York, N.Y. (Leonard Barrack, Gerald J. Rodos, Jeffrey W. Golan, Mark R. Rosen, Jeffrey A. Barrack, Pearlette V. Toussant, of counsel, Barrack Rodos & Bacine, Philadelphia, PA), for Lead Class-Action Plaintiff., Lewis J. Liman (Thomas J. Moloney, David H. Herrington, Katherine J. Roberts, of counsel), Cleary, Gottlieb, Steen & Hamilton, New York, NY, for amici curiae the Securities Industry Association and the Bond Market Association.

  • For Appellees:
  • Jay B. Kasner (Susan L. Saltzstein, Cyrus Amir-Mokri, Steven J. Kolleeny, Beverly A. Farrell, of counsel), Skadden, Arps, Slate Meagher & Flom LLP, New York, NY, for Underwriter Defendants., Paul C. Curnin (David Elbaum, Bryce L. Friedman, David H. LaRocca, of counsel), Simpson Thacher & Bartlett LLP, New York, NY, for WorldCom Director Defendants., Martin London (Brad S. Karp, Eric S. Goldstein, Joyce S. Huang, Andrew J. Ehrlich, of counsel), Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, for Citigroup Defendants., Eliot Lauer, Curtis, Mallet-Prevost, Colt & Mosle LLP, New York, NY, for Defendant Arthur Andersen LLP., R. David Kaufman, Brunini, Grantham, Grower & Hewes, PLLC, Jackson, MS, for Defendant Bernard J. Ebbers.
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