Gramercy Emerging Markets Fund v. Allied Irish Banks, P.L.C.

STRINE, Chief Justice:

In this case, a Cayman Islands investment fund and two of its Delaware subsidiaries (collectively “Gramercy”) sue a bank organized under Delaware law with offices in Illinois'and Bulgaria (Bulgarian-American Enterprise Fund, or “Bulgarian-American”) and an Irish bank headquartered in Dublin (Allied Irish Banks, P.L.C., or “Allied”) over claims they admit arise under Bulgarian law and have no connection to activity that took place in Delaware. Delaware is the second forum in which Gramercy sought to- press its Bulgarian claims..Like Delaware, the first forum was not…