Bigio v. Coca-Cola Co.
Court of Appeals for the Second Circuit
1Opinion of the Court
LIVINGSTON, Circuit Judge:
This case, here on its third visit to this Court, asks us to determine whether Plaintiffs-Appellants (“Plaintiffs”) have stated a cause of action against two American corporations that, in 1994, acquired an interest in an Egyptian corporation which allegedly wrongfully possesses property expropriated from Plaintiffs in Egypt by the Nasser regime in the 1960s. For the reasons that follow, we hold that they have not. We therefore affirm the judgment of the District Court dismissing the complaint for failure to state a claim.
I. BACKGROUND
A. Factual Allegations
For the…
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