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CREDIT LYONNAIS SECURITIES (USA) v. ALCANTARA

Docket No. 98-7783.

183 F.3d 151 (1999)

CREDIT LYONNAIS SECURITIES (USA), INC., Plaintiff-Appellee, v. Rafael ALCANTARA and Cavelba, S.A., doing business as Casa De Bolsa Rafael Alcantara V., Defendants-Appellants.

United States Court of Appeals, Second Circuit.

Decided July 9, 1999.

Attorney(s) appearing for the Case

Clinton B. Fisher, New York, N.Y. (Todd L. Schleifstein, Haythe & Curley, New York, N.Y., Of Counsel), for Plaintiff-Appellee.

Walter Drobenko, Drobenko & Piddoubny, Astoria, N.Y., for Defendants-Appellants.

Before: LEVAL, POOLER and HEANEY, Circuit Judges,

LEVAL, Circuit Judge:

Defendants appeal from a default judgment of the United States District Court for the Southern District of New York (Schwartz, J.), sitting in diversity and applying New York law, in an action to recover amounts allegedly owed by defendants as a result of certain securities transactions. The district court denied defendants' motion to dismiss for lack of personal jurisdiction under Fed.R.Civ.P. 12(b)(2), finding that the facts alleged...

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