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[Download] "Retirement Systems of Alabama v. J.P. Morgan Chase & Co." by 2004 United States Court of Appeals for the Second Circuit August Term ~ Book PDF Kindle ePub Free

Retirement Systems of Alabama v. J.P. Morgan Chase & Co.

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eBook details

  • Title: Retirement Systems of Alabama v. J.P. Morgan Chase & Co.
  • Author : 2004 United States Court of Appeals for the Second Circuit August Term
  • Release Date : January 18, 2004
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 83 KB

Description

At issue in this appeal is whether the United States District Court for the Southern District of New York (Denise Cote, Judge), the venue for multidistrict securities litigation arising from the collapse of WorldCom, was authorized to enter an injunction ordering an Alabama state court to postpone the trial of a related case until after the District Court had completed its own trial. On April 23, 2004, the District Court ordered the Alabama action to be rescheduled from October 18, 2004, to a date no earlier than sixty days following the completion of a class action trial that is scheduled to begin in the District Court on January 10, 2005. See In re WorldCom, Inc. Sec. Litig., 315 F. Supp. 2d 527 (S.D.N.Y. 2004). The plaintiffs in the Alabama Action, collectively known as the Retirement Systems of Alabama ("RSA"), who are not plaintiffs in the securities litigation in the District Court, appeal from the injunction.


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