IN RE HERALD

Docket Nos. 12-156-cv (L), 12-162.

753 F.3d 110 (2014)

In re HERALD, Primeo, and Thema. Dana Trezziova, Neville Seymour Davis, Plaintiffs-Appellants-Petitioners, Repex Ventures, S.A., on Behalf of Itself and all others Similarly Situated, Schmuel Cabilly, Korea Exchange Bank, Plaintiffs, v. Sonja Kohn, Primeo Select Fund, Primeo Executive Fund, Hannes Saleta, Ernst & Young Global Limited, HSBC Securities Services (Luxembourg) S.A., HSBC Holdings PLC, Bank Medici, Unicredit, Bank Austria, Pioneer Global Asset Management S.P.A., Alfred Simon, Karl E. Kaniak, Hans-Peter Tiefenbacher, Johannes P. Spalek, Nigel H. Fielding, James E. O'Neill, Alberto LaRocca, Declan Murray, Ursula Radel-Leszcynski, Michael Wheaton, Ba Worldwide Fund Management, Ltd., Pioneer Alternative Investment Management Ltd., Bank of Bermuda (Cayman) Limited, Bank of Bermuda (Luxembourg) S.A., Bank of Bermuda Limited, Ernst & Young (Cayman), Alberto Benbassat, Stephane Benbassat, Genevalor, Benbassat & Cie, Gerald J.P. Brady, John Holliwell, Sonja Kohn, Daniel Morrissey, David T. Smith, Werner Tripolt, Bank Medici AG, Unicredit Spa, HSBC Institutional Trust Services (Ireland) Ltd., HSBC Securities Services (Ireland) Ltd., HSBC Holdings PLC, PricewaterHouseCoopers International Ltd., PricewaterhouseCoopers (Dublin), PricewaterHouseCoopers LLP, PricewaterHouseCoopers Bermuda, Thema Asset Management Limited, BA Worldwide Fund Management Limited, Peter Madoff, Andrew Madoff, Mark Madoff, William Fry, JPmorgan Chase & Co., Bank of New York Mellon, Herald (Lux), Messrs. Ferdinand Burg and Carlo Reding, The Court Appointed Liquidators for Herald (Lux), Herald Asset Management Limited, Unicredit Bank Austria AG, Herald USA Fund, Ernst & Young S.A., Friedrich Pfeffer, Franco Mugnai, Thema International Fund PLC, Defendants-Appellees-Respondents, Bernard L. Madoff, Bernard L. Madoff Investment Securities, Bank Medici S.A., Peter Scheithauer, Herald USA Fund, Herald Luxemburg Fund, Bank Austria Creditanstalt, Unicredit S.A., Pioneer Alternative Investments, HSBC Securities Services, S.A., Haml, Paul De Sury, Gabriel Safdie, William A. Jones, Helmuth E. Frey, Andreas Pirkner, Richard Goddard, Ernst & Young, Friehling & Horowitz, Defendants.

United States Court of Appeals, Second Circuit.

Decided: May 28, 2014.

Petitions Filed October 1, 2013.


Attorney(s) appearing for the Case

Eric Allen Isaacson ( Joseph D. Daley , Robbins Geller Rudman & Dowd LLP; Francis A. Bottini, Jr. , Albert Y. Chang , Bottini & Bottini, Inc.), Robbins Geller Rudman & Dowd LLP, San Diego, CA, for Plaintiff-Appellant-Petitioner Neville Seymour Davis.

Patrice L. Bishop , Stull, Stull & Brody, Beverly Hills, CA, for Plaintiff-Appellant-Petitioner Dana Trezziova.

Andrew Rhys Davies ( Laura R. Hall ), Allen & Overy LLP, New York, NY, for Defendant-Appellee-Respondent JPMorgan Chase & Co. Lewis J. Liman ( Jeffrey A. Rosenthal ), Cleary Gottlieb Steen & Hamilton LLP, New York, NY, for Defendant-Appellee-Respondent The Bank of New York Mellon Corporation.

Thomas G. Rafferty ( Antony L. Ryan ), Cravath, Swaine & Moore LLP, New York, NY, for Defendant-Appellee-Respondent PricewaterhouseCoopers (Dublin) on behalf of the "Forum Non Conveniens Defendants."

Thomas J. Moloney , David E. Brodsky , Cleary Gottlieb Steen & Hamilton LLP, New York, NY, for Defendants-Appellees-Respondents HSBC Holdings PLC, HSBC Securities Services (Ireland) Limited, HSBC Institutional Trust Services (Ireland) Limited, and HSBC Securities Services (Luxembourg) S.A.

Michael E. Wiles , Debevoise & Plimpton LLP, New York, NY, for Defendants-Appellees-Respondents Alberto Benbassat, Stephane Benbassat, Genevalor, Benbassat & Cie, Gerald J.P. Brady, Daniel Morrissey, David T. Smith, Thema Asset Management Limited, and Thema International Fund PLC.

William R. Maguire , Marc A. Weinstein , Hughes Hubbard & Reed LLP, New York, NY, for Defendant-Appellee-Respondent Ernst & Young (Cayman).

Michael S. Flynn , Davis Polk & Wardwell LLP, New York, NY, for Defendant-Appellee-Respondent Pricewaterhouse-Coopers LLP.

Sanford M. Litvack , Dennis H. Tracey, III , Lisa J. Fried , Hogan Lovells U.S. LLP, New York, NY, for Defendant-Appellee-Respondent PricewaterhouseCoopers Bermuda.

Jay P. Lefkowitz , Joseph Serino, Jr. , David S. Flugman , Kirkland & Ellis LLP, New York, NY, for Defendants-Appellees-Respondents Herald USA Fund, Franco Mugnai, and Friedrich Pfeffer.

Jeff G. Hammel , Maria A. Barton , Latham & Watkins LLP, New York, NY, for Defendant-Appellee-Respondent Hannes Saleta.

Richard A. Martin , Katherine L. Maco , Alison K. Roffi , Orrick Herrington & Sutcliffe LLP, New York, NY, for Defendant-Appellee-Respondent Ernst & Young S.A.

Claudius O. Sokenu , John Gueli , Shearman & Sterling LLP, New York, NY, for Defendant-Appellee-Respondent Ernst & Young Global Limited.

Franklin B. Velie , Jonathan G. Kortmansky , Mitchell C. Stein , Sullivan & Worcester LLP, New York, NY, for Defendant-Appellee-Respondent UniCredit Bank Austria AG.

Price O. Gielen , Nathan Daniel Adler , Neuberger, Quinn, Gielen, Rubin & Gibber, P.A., Baltimore, MD, for Defendant-Appellee-Respondent Sonja Kohn.

Brett S. Moore , Porzio Bromberg & Newman P.C., New York, NY, for Defendant-Appellee-Respondent Herald (LUX) by and through Messrs. Ferdinand Burg and Carlo Reding, the Court-Appointed Liquidators for Herald (LUX).

Susan L. Saltzstein , Marco E. Schnabl , Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, for Defendant-Appellee-Respondent UniCredit S.p.A.

Mitchell J. Auslander , James C. Dugan , Wilkie Farr & Gallagher LLP, New York, NY, for Defendant-Appellee-Respondent William Fry.

Fraser L. Hunter, Jr. , Wilmer Cutler Pickering Hale and Dorr LLP, New York, NY, for Defendant-Appellee-Respondent PricewaterhouseCoopers International Ltd.

Before: PARKER and CARNEY, Circuit Judges, and RAKOFF, District Judge.


PER CURIAM:

On September 16, 2013, this Court filed an opinion affirming the judgment of the United States District Court for the Southern District of New York (Richard M. Berman, Judge), which dismissed the plaintiffs' state-law claims against defendants JPMorgan Chase & Co. and Bank of New York Mellon Corporation as precluded by the Securities Litigation Uniform Standards Act of 1998 ("SLUSA"), 15 U.S.C. § 78bb(f). In re Herald, Primeo, and Thema...

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