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HSBC Holdings PLC v. Picard

Petition for certiorari denied on June 1, 2020

Docket No. Op. Below Argument Opinion Vote Author Term
19-277 2d. Cir. N/A N/A N/A N/A OT 2019

Issue: (1) Whether applying Bankruptcy Code Section 550(a)(2) to permit recovery of the proceeds of a foreign transaction that occurred abroad between two foreign parties governed by foreign law constitutes a "domestic" application of Section 550(a)(2) for the purpose of an extraterritoriality analysis; and (2) Whether a bankruptcy court"s and district court"s abstentions from applying U. S. law on grounds of international comity should be reviewed for abuse of discretion, as seven circuits that reached the issue have held, or de novo, as the U.S. Court of Appeals for the 2nd Circuit held. CVSG: 4/10/2020.

SCOTUSblog Coverage

DateProceedings and Orders (key to color coding)
05/28/2019Application (18A1241) to extend the time to file a petition for a writ of certiorari from July 2, 2019 to August 30, 2019, submitted to Justice Ginsburg.
05/30/2019Application (18A1241) granted by Justice Ginsburg extending the time to file until August 30, 2019.
08/29/2019Petition for a writ of certiorari filed. (Response due September 30, 2019)
09/09/2019Motion to extend the time to file a response from September 30, 2019 to October 30, 2019, submitted to The Clerk.
09/11/2019Motion to extend the time to file a response is granted and the time is extended to and including October 30, 2019.
09/30/2019Brief amici curiae of Securities Industry and Financial Markets Association, et al. filed.
09/30/2019Brief amici curiae of Cayman Islands Government and the Government of the Virgin Islands filed.
09/30/2019Brief amici curiae of Cayman Finance and Recovery and Insolvency Specialists Association of the Cayman Islands filed.
09/30/2019Brief amicus curiae of RISA Bermuda filed.
09/30/2019Brief amici curiae of British Virgin Islands Restructuring Professionals filed.
10/30/2019Brief of respondent Securities Investor Protection Corporation in opposition filed.
10/30/2019Brief of respondent Irving H. Picard in opposition filed.
11/12/2019Reply of petitioners HSBC Holdings plc, et al. filed.
11/13/2019DISTRIBUTED for Conference of 12/6/2019.
12/09/2019The Solicitor General is invited to file a brief in this case expressing the views of the United States.
02/07/2020Joint Letter, dated February 3, 2020, from Counsel for Petitioner Citi Hedge Fund Services Ltd. and Counsel for Respondent received.
04/10/2020Brief amicus curiae of United States filed.
04/15/2020Motion of petitioner to delay distribution of the petition for a writ of certiorari under Rule 15.5 from April 28, 2020 to May 12, 2020, submitted to The Clerk.
04/21/2020Motion to delay distribution of the petition for a writ certiorari until May 12, 2020, granted.
05/12/2020DISTRIBUTED for Conference of 5/28/2020.
05/12/2020Supplemental brief of petitioners HSBC Holdings plc, et al. filed.
06/01/2020Petition DENIED.