NEXPOINT DIVERSIFIED REAL v. ACIS CAPITAL MGMT.

No. 22-1912 August Term 2022.

80 F.4th 413 (2023)

NEXPOINT DIVERSIFIED REAL ESTATE TRUST, Plaintiff-Appellant, v. ACIS CAPITAL MANAGEMENT, L.P., Joshua N. Terry, Brigade Capital Management, LP, Defendants-Appellees, Highland CLO Funding, LTD., Intervenor-Defendant-Appellee, and U.S. Bank, N.A., Defendant.

United States Court of Appeals, Second Circuit.

Decided: September 7, 2023.


Attorney(s) appearing for the Case

Mazin A. Sbaiti ( Griffin S. Rubin , on the brief), Sbaiti & Company PLLC, Dallas, TX, for Plaintiff-Appellant NexPoint Diversified Real Estate Trust.

Blair A. Adams ( Jonathan E. Pickhardt , William B. Adams , on the brief), Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY, for Defendants-Appellees Acis Capital Management, L.P. and Joshua N. Terry.

Samir Deger-sen ( Jason C. Hegt , Alexis K. Godfrey , on the brief), Latham & Watkins LLP, New York, NY, for Defendant-Appellee Brigade Capital Management, LP.

Uri A. Itkin ( Jennifer E. Poon , on the brief), Akin Gump Strauss Hauer & Feld LLP, New York, NY, for Intervenor-Defendant-Appellee Highland CLO Funding, Ltd.

Before: Cabranes, Bianco, and Merriam, Circuit Judges.


Plaintiff-appellant NexPoint Diversified Real Estate Trust ("NexPoint"), a noteholder in a collateralized loan obligation ("CLO"), appeals from the dismissal by the District Court (Gregory H. Woods, J.) of its claim under § 215(b) of the Investment Advisers Act of 1940 ("IAA"), 15 U...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases