Paloian v. Grupo Serla S.A. De C v. (In Re GGSI Liquidation, Inc.)

MEMORANDUM OPINION ON CITIGROUP, INC.’S MOTION TO DISMISS

JACK B. SCHMETTERER, Bankruptcy Judge.

On November 26, 2006, a Judgment was entered in favor of the chapter 7 Trustee (the “Trustee”) against Grupo Serla S.A. de C.V., Editorial Comercial, S.A. de C.V., and Sergio Edwardo Guarneros Trujillo in the amount of $10,804,988. On the same day, a Judgment was also entered against Union Industrial Mexicana S.A. de C.V. (collectively with Grupo Serla, Editorial Comercial and Mr. Trujillo, the “Foreign Defendants”) in the amount of $1,854,552. The Judgments remain unsatisfied. In an attempt to…