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ARCH TRADING CORP. v. REPUBLIC OF ECUADOR

Docket No. 15-2065(L), 15-2106(con) August Term, 2015.

839 F.3d 193 (2016)

ARCH TRADING CORP., Arvin Properties Inc., Hezer Holdings Inc., Madec Limited, OSIS International Corp., Plaintiffs-Appellants, v. The REPUBLIC OF ECUADOR, a sovereign nation, Fideicomiso AGD-CFN No Más Impunidad, an agency or instrumentality of the Republic of Ecuador, Corporación Financiera Nacional, an agency or instrumentality of the Republic of Ecuador, Defendants-Appellees.

United States Court of Appeals, Second Circuit.

Decided: October 14, 2016.

Attorney(s) appearing for the Case

PEDRO J. MARTINEZ-FRAGA ( Suzanne M. Berger , James M. Altman , C. Ryan Reetz , on the brief), Bryan Cave LLP, New York, NY, and Miami, FL, for Plaintiffs-Appellants.

ANDREW Z. SCHWARTZ , Foley Hoag LLP, Boston, MA, for Defendants-Appellees.

Before: POOLER, HALL, and CARNEY, Circuit Judges.

We are faced here with a question of subject matter jurisdiction over a dispute with a vanishingly thin, if any, connection to the United States. Plaintiffs-appellants are five entities incorporated in the British Virgin Islands. They claim that in 2008, an agency of the Republic of Ecuador unlawfully seized their...

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