Legal Opinion
Illinois Municipal Retirement Fund v. Citigroup, Inc., J.P. Morgan Securities, Inc., Banc of America Securities, LLC
Court of Appeals for the Seventh Circuit
Decided January 11, 2005No. 03-3703PublishedCited by 18 opinions
1Opinion of the Court
FLAUM, Chief Judge.
Plaintiff-appellee filed suit in Illinois state court. Following removal by defendants-appellants, the district court remanded the action to state court. Defendants-appellants appeal, arguing that the district court exceeded its authority, and seeking vacatur of the remand order. For the reasons stated herein, we affirm.
I. Background 1
Between 1998 and 2001, WorldCom, once the second largest telecommunications company in the world, issued debt securities worth billions of dollars in connection with which defendants-appellants served as underwriters. WorldCom agreed to…
2Cases cited11 opinions
- Quackenbush v. Allstate InsuranceSupreme Court of the United States · 1996
- Thermtron Products, Inc. v. HermansdorferSupreme Court of the United States · 1976
- New York City Employees' Retirement System v. Ebbers (In Re WorldCom, Inc. Securities Litigation)District Court, S.D. New York · 2003
- In Re U.S. HealthcareCourt of Appeals for the Third Circuit · 1998
- In the Matter of Continental Casualty CompanyCourt of Appeals for the Seventh Circuit · 1994
6 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Williams v. Beemiller, Inc.Court of Appeals for the Second Circuit · 2008
- Rutherford v. Merck & Co., Inc.District Court, S.D. Illinois · 2006
- Strong v. Western United Life Assurance Co. (In Re Tri-Valley Distributing, Inc.)Court of Appeals for the Tenth Circuit · 2008
- Pennsylvania v. Tap Pharmaceutical Products, Inc.District Court, E.D. Pennsylvania · 2005
- State of Wisconsin v. Abbott LaboratoriesDistrict Court, W.D. Wisconsin · 2005
13 more not listed; retrieve them via the Exa API.