Grupo Mexicano De Desarrollo, S. A. v. Alliance Bond Fund, Inc.
Supreme Court of the United States
1Opinion of the CourtJustice Scalia
This case presents the question whether, in an action for money damages, a United States District Court has the power to issue a preliminary injunction preventing the defendant from transferring assets in which no lien or equitable interest is claimed.
I
Petitioner Grupo Mexicano de Desarrollo, S. A. (GMD), is a Mexican holding company. In February 1994, GMD issued $250 million of 8.25% unsecured, guaranteed notes due in 2001 (Notes), which ranked pari passu in priority of payment with all of GMD’s other unsecured and unsubordinated debt. Interest payments were due in February and August of…
Also in this document: Concurring in part, dissenting in part.
2Cases cited38 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
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- Yakus v. United StatesSupreme Court of the United States · 1944
- Guaranty Trust Co. v. YorkSupreme Court of the United States · 1945
- Doran v. Salem Inn, Inc.Supreme Court of the United States · 1975
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