RETIREMENT SYSTEMS v. J.P. MORGAN CHASE

Docket No. 04-2275-CV.

386 F.3d 419 (2004)

RETIREMENT SYSTEMS OF ALABAMA and the Circuit Court for Montgomery County, Alabama, Respondents-Appellants, v. J.P. MORGAN CHASE & CO., J.P. Morgan Securities Inc., Bank of America Corp., Banc of America Securities LLC, Citigroup Inc., Citigroup Global Markets Inc., (f/k/a/ Salomon Smith Barney Inc.) and Arthur Andersen LLP, Applicants-Appellees.

United States Court of Appeals, Second Circuit.

Decided: October 18, 2004.


Attorney(s) appearing for the Case

J. Michael Rediker, Haskell Slaughter Young & Rediker, LLC, Birmingham, AL (William M. Slaughter, Thomas L. Krebs, Michael K.K. Choy, J. Vernon Patrick, Thomas T. Gallion III, Page A. Poerschke, Vincent J. Graffeo, Haskell Slaughter Young & Rediker, LLC, Birmingham, Alabama; Leo Kayser III, Haskell Slaughter Young & Rediker, LLC, New York, New York; John C. Jeffries, Charlottesville, Virginia, of counsel), for Respondents-Appellants.

Jay B. Kasner (Susan L. Saltzstein, Cyrus Amir-Mokri, Steven J. Kolleeny, of counsel), Skadden, Arps, Slate, Meagher & Flom LLP, New York, New York, for Applicants-Appellees J.P. Morgan Chase & Co., J.P. Morgan Securities Inc., Bank of America Corp., and Banc of America Securities LLC.

Martin London (Bruce Birenboim, Brad S. Karp, Eric S. Goldstein, Joyce S. Huang, of counsel), Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, New York, for Applicants-Appellees Citigroup Inc. and Citigroup Global Markets Inc.

Eliot Lauer (Michael Moscato, of counsel), Curtis, Mallet-Prevost, Colt & Mosle LLP, New York, New York, for Applicant-Appellee Arthur Andersen LLP.

Kevin Newsom, Alabama Solicitor General (Charles Campbell, Assistant Attorney General, of counsel; Troy King, Alabama Attorney General, on the brief), Office of the Alabama Attorney General, Montgomery, Alabama, for amicus curiae Alabama Attorney General.

Before: CABRANES and WESLEY, Circuit Judges.


JOSÉ A. CABRANES, Circuit Judge.

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...

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