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GRUNENTHAL GmbH v. HOTZ

Nos. 81-5553, 81-5554.

712 F.2d 421 (1983)

GRUNENTHAL GmbH, a corporation of the Federal Republic of Germany, Plaintiff-Appellant, v. Paul HOTZ, Bozena Hotz, Balfour Zepler, Joseph Lowe, Richter Corporation, Ltd., a Bahamian corporation, Cadence Corporation, Ltd., a Bahamian corporation, Productos Gedeon Richter (America) S.A., a Mexico corporation, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided August 4, 1983.

Attorney(s) appearing for the Case

Thomas G. Wood, Robert Lofts, Severson, Werson, Berke & Melchoir, San Francisco, Cal., for plaintiff-appellant.

Robert Mallory, Lawler, Felix & Hall, Gary L. Justice, Rex S. Heinke, Gibson, Dunn & Crutcher, Los Angeles, Cal., for defendants-appellees.

Before FLETCHER, PREGERSON and REINHARDT, Circuit Judges.

REINHARDT, Circuit Judge:

The question presented on this appeal is whether the district court has subject matter jurisdiction under the federal securities laws over a transaction in foreign securities between foreign corporations and citizens of foreign states where the only connection between the transaction and the United States is that some of the allegedly fraudulent conduct took place here and that instrumentalities...

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