NOMURA LOAN v. NOMURA CREDIT

Attorney(s) appearing for the Case

Shearman & Sterling LLP, New York City ( Joseph J. Frank , Agnès Dunogué and Matthew L. Craner of counsel), for appellant.

Holwell Shuster & Goldberg LLP, New York City ( Michael S. Shuster , Daniel M. Sullivan and Adam T. Kirgis of counsel), and Kasowitz Benson Torres LLP, New York City ( Christopher P. Johnson , Zachary W. Mazin and Uri A. Itkin of counsel), for respondents.

Paul Hastings LLP, New York City ( Shahzeb Lari of counsel) and Los Angeles, California ( Timothy D. Reynolds , of the California bar, admitted pro hac vice, of counsel), for Securities Industry and Financial Markets Association, amicus curiae.

Murphy & McGonigle, P.C., New York City ( James K. Goldfarb of counsel) and Washington, D.C. ( Daniel T. Brown , of the District of Columbia bar, admitted pro hac vice, of counsel), and Baker Botts L.L.P., Washington, D.C. ( Michael L. Calhoon , of the District of Columbia bar, admitted pro hac vice, and Vernon Cassin , of counsel), and New York City ( Douglas W. Henkin and John Perry of counsel), for Sand Canyon Corporation, amicus curiae.

Judges FAHEY, WILSON, CENTRA and BALKIN concur; Judge FEINMAN dissents in part in an opinion, in which Judge RIVERA concurs in part in a separate dissenting opinion; Chief Judge DIFIORE and Judge GARCIA taking no part.