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MAREL v. LKS ACQUISITIONS, INC.

No. 08-3072.

585 F.3d 279 (2009)

Playa MAREL, P.M., S.A.; Elden J. Heinz, Individually; Elden J. Heinz Revocable Living Trust; Alvero Martin, Individually, Plaintiffs-Appellees, v. LKS ACQUISITIONS, INC.; Leonard K. Snell, Individually, Defendants-Appellants.

United States Court of Appeals, Sixth Circuit.

Decided and Filed: November 9, 2009.

Attorney(s) appearing for the Case

ARGUED: Jeffrey Joseph Harmon, Cors & Bassett, LLP, Cincinnati, Ohio, for Appellants. Walter Reynolds, Porter Wright Morris & Arthur LLP, Dayton, Ohio, for Appellees. ON BRIEF: Robert Joseph Hollingsworth, Jesse Romuald Lipcius, Cors & Bassett, LLP, Cincinnati, Ohio, for Appellants. Walter Reynolds, Tami Hart Kirby, Porter Wright Morris & Arthur LLP, Dayton, Ohio, for Appellees.

Before MARTIN, ROGERS, and COOK, Circuit Judges.

OPINION

ROGERS, Circuit Judge.

In this declaratory judgment action, plaintiffs sought a declaration that defendants were not entitled to compensation under an alleged contract involving real estate development. Plaintiffs asserted a number of grounds for the lack of entitlement to compensation, one of which was that the defendants had violated federal securities law. Because this federal securities law claim — the only federal issue in the case &...

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