United States Second Circuit
Atlantica Holdings v. Sovereign Wealth Fund Samruk-Kazyna JSC, 14-917
In a securities action brought by American plaintiffs alleging that defendant, a Kazakhstani sovereign wealth fund, misrepresented the value of certain notes issued by a third party corporation in violation sections 10(b) and 20(a) of the Securities Exchange Act 1934, the court: 1) affirmed the district court's decision that defendant is not immune from suit under the Foreign Sovereign Immunities Act of 1976; and 2) declined to exercise appellate jurisdiction in this interlocutory appeal over defendant's claim that the district court's exercise of personal jurisdiction over it was inconsistent with due process.
Appellate Information
- Published 2016/02/03
Judges
- LIVINGSTON
Court
- United States Second Circuit