Firefighters' Retirement System v. Citco Group Ltd.

HAYNES, Circuit Judge:

Our prior opinion is withdrawn, and the following is substituted in its place. Defendants-Appellants appeal the district court’s order of remand on the basis that the district court lacked the discretion to abstain from hearing the case. Because we conclude that the district court could not permissively abstain and equitably remand under 28 U.S.C. §§ 1334(c)(1) and 1452(b) without considering the Chapter 15 bankruptcies, we REVERSE the district court’s decision to remand the case to state court and REMAND the case to the district court for consideration under its…