OTTO CANDIES, LLC v. CITIGROUP, INC.

No. 18-12663.

963 F.3d 1331 (2020)

OTTO CANDIES, LLC, et al., Plaintiffs-Appellants, v. CITIGROUP, INC., Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

July 1, 2020.


Attorney(s) appearing for the Case

David M. Cooper , Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY, Lauren H. Dickie , Juan Pablo Morillo , Daniel Pulecio-Boek , Derek L. Shaffer , Gabriel Soledad , A. William Urquhart , Quinn Emanuel Urqhart & Sullivan, LLP, Washington, DC, Peter Winslow Homer , Kevin Patrick Jacobs , Gregory J. Trask , Homer Bonner Jacobs, PA, Miami, FL, Terry L. Wit , Quinn Emanuel Urquhart Oliver & Hedges, LLP, San Francisco, CA, for Plaintiffs-Appellants Otto Candies, LLC, Candies Mexican Investments S. de R.L. de C.V., Ashmore Emerging Markets Corporate High Yield Fund Limited, Ashmore Emerging Markets Debt and Currency Fund Limited, Ashmore Emerging Markets High Yield Plus Fund Limited.

David M. Cooper , Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY, Juan Pablo Morillo , Quinn Emanuel Urqhart & Sullivan, LLP, Washington, DC, Gregory J. Trask , Homer Bonner Jacobs, PA, Miami, FL, for Plaintiffs-Appellants Ashmore Sicav Emerging Markets Corporate Debt Fund, General Partner Ashmore Emerging Markets Special Situations Opportunities Fund (GP) Limited.

David M. Cooper , Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY, Gregory J. Trask , Homer Bonner Jacobs, PA, Miami, FL, for Plaintiff-Appellant EIG Global Project Fund II, LTD.

David M. Cooper , Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY, Juan Pablo Morillo , Derek L. Shaffer , Gabriel Soledad , Quinn Emanuel Urqhart & Sullivan, LLP, Washington, DC, Gregory J. Trask , Homer Bonner Jacobs, PA, Miami, FL, for Plaintiffs-Appellants Ashmore Emerging Markets Special Situations Opportunities Fund Limited Partnership, Ashmore Emerging Markets Tri Asset Fund Limited, Ashmore Sicav Emerging Markets Debt Fund, Ashmore Sicav Emerging Markets High Yield Corporate Debt Fund, Blue Marine Shipping II, S.A. de C.V., Calvi Shipping C.V., Coastline Maritime PTE. LTD., Cooperatieve Rabobank U.a., Copernico Capital Partners (Bermuda) LTD., Gulf Investments and Services LTD., Halani International LTD., Hoop Lobith International B.V., Ice 1 Em Clo Limited, Ice Focus Em Credit Master Fund Limited, Ice Global Credit Alpha Master Fund Limited, Ice Global Credit (DCAM) Master Fund Limited, Ice Oryx-Alpha Master Fund Limited, Larrain Vial S.A. Sociedad Administradorade Fondos de Inversion, Marfield Maritime Inc., Moneda Dueda Latinoamericana Fondo de Inversion, Moneda International Inc., Moneda Latin American Corporate Debt, Moneda Renta Clp Fondo de Inversion, Moneda S.A. Administradora General de Fondos, Nordic Trustee Asa.

Juan Pablo Morillo , Derek L. Shaffer , Gabriel Soledad , Quinn Emanuel Urqhart & Sullivan, LLP, Washington, DC, Gregory J. Trask , Homer Bonner Jacobs, PA, Miami, FL, for Plaintiffs-Appellants Ocean Mexicana, S.A. de C.V., Padstow Financial Corp., Shanara International Sa., Shipyard de Hoop B.V., Waypoint Asset Management LLC.

Adam S. Hakki , Daniel C. Lewis , Stephen Fishbein , John Nathanson , Shearman & Sterling LLP, New York, NY, Manuel A. Garcia-Linares , Georgia A. Thompson , Day Pitney, LLP, Joshua Lee Spoont , Sodhi Spoont, PLLC, MIAMI, FL, Michael Patrick Mitchell , Shearman & Sterling, LLP, Washington, DC, for Defendant-Appellee.

Before JORDAN and NEWSOM, Circuit Judges, and HALL, District Judge.


Two American plaintiffs. Thirty-seven foreign plaintiffs. One American defendant. A fraudulent scheme allegedly taking place here and in Mexico, with the American defendant allegedly engaging in fraudulent activity in the United States. Assumptions, but no evidence, about where the key documents and witnesses are located....

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