ATLANTICA HOLDINGS v. SOVEREIGN WEALTH FUND

No. 14-917-cv.

813 F.3d 98 (2016)

ATLANTICA HOLDINGS, INC., Allan Kiblisky, Jacques Gliksberg, Baltica Investment Holding, Inc., Blu Funds, Inc., Anthony Kiblisky, Plaintiffs-Appellees, v. SOVEREIGN WEALTH FUND SAMRUK-KAZYNA JSC, a/k/a National Welfare Fund Samruk-Kazyna, Defendant-Appellant.

United States Court of Appeals, Second Circuit.

Decided: February 3, 2016.


Attorney(s) appearing for the Case

Joseph D. Pizzurro ( Jonathan J. Walsh , Kevin A. Meehan , on the brief), Curtis, Mallet-Prevost, Colt & Mosle LLP, New York, NY, for Defendant-Appellant.

Brett D. Jaffe ( Jennifer S. Kozar , James S. D'Ambra, Jr. , on the brief), Alston & Bird LLP, New York, NY, for Plaintiffs-Appellees.

Before: WESLEY, LIVINGSTON, and CHIN, Circuit Judges.


This interlocutory appeal presents a question of first impression: whether the Foreign Sovereign Immunities Act of 1976 ("FSIA"), Pub. L. No. 94-583, 90 Stat. 2891, immunizes an instrumentality of a foreign sovereign against claims that it violated federal securities laws by making misrepresentations outside...

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