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MAK v. WOCOM COMMODITIES LTD.

No. 96-3179.

112 F.3d 287 (1997)

Michael E. MAK, Plaintiff-Appellant, v. WOCOM COMMODITIES LIMITED, a Hong Kong corporation, and Wocom Limited, a Hong Kong corporation, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided April 23, 1997.

Rehearing Denied June 17, 1997.

Attorney(s) appearing for the Case

James A. McGurk (argued), Chicago, IL, Santiago A. Durango, Chicago, IL, for Plaintiff-Appellant.

David T. Pritikin, Thomas K. Cauley, Jr. (argued), Sidley & Austin, Chicago, IL, for Defendants-Appellees.

Before BAUER, WOOD, JR., and COFFEY, Circuit Judges.

HARLINGTON WOOD, JR., Circuit Judge.

This innovative case raises a question of jurisdiction over damage claims arising from allegedly fraudulent commodity and currency futures trading which occurred in Hong Kong involving an activity known as "bucketing." Plaintiff-Appellant Mak seeks relief under the Commodity Exchange Act ("CEA"), 7 U.S.C. § 1 et seq., and the common law. After a careful analysis, the district court dismissed all of Mak's federal claims...

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