LNC INVESTMENTS LLC v. REPUBLIC NICARAGUA

No. 03-1224.

396 F.3d 342 (2005)

LNC INVESTMENTS LLC, f/k/a Investments, Inc., Appellant v. THE REPUBLIC NICARAGUA.

United States Court of Appeals, Third Circuit.

February 1, 2005.


Attorney(s) appearing for the Case

Elliot H. Scherker, Greenberg Traurig, Miami, Laurie A. Krepto, Scott Salerni, Greenberg Traurig, Wilmington, Raymond A. Levites, Pavelic & Levites, New York, for Appellant.

Preeta D. Bansal, Scott D. Musoff, Skadden, Arps, Slate, Meagher & Flom, New York, Scott M. Flicker, G. Hamilton Loeb, Paul, Hastings, Janofsky & Walker, Washington, Philip D. Anker, Wilmer Cutler Pickering Hale & Dorr, Washington, for Appellee.

Before SLOVITER, AMBRO, and ALDISERT, Circuit Judges.


OPINION OF THE COURT

SLOVITER, Circuit Judge.

This garnishment action arises from the District Court of Delaware. Although the named parties in the suit are the Republic of Nicaragua and LNC Investments, Inc. ("LNC"), the issue before us arises from LNC's attempt to garnish funds from Megatel, a company which owes $50 million to Nicaragua. The District Court quashed the writ of attachment LNC filed on Megatel because it concluded that Megatel would be exposed...

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