Puricelli v. Republic of Argentina
Court of Appeals for the Second Circuit
1Opinion of the Court
STRAUB, Circuit Judge:
After previous panels of this Court twice vacated aggregate judgments entered by the District Court in favor of plaintiff classes, we remanded with specific instructions. Rather than follow our instructions, the District Court certified expanded plaintiff classes. Because doing so was foreclosed by the mandate issued on the prior appeal, we VACATE and REMAND.
BACKGROUND
In 2001, the Republic of Argentina defaulted on roughly $80 to $100 billion of sovereign debt. Seijas v. Republic of Argentina, 606 F.3d 53, 55 (2d Cir.2010) [hereinafter Seijas /]. Numerous actions by…
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