Rentokil-Initial Pension Scheme v. Citigroup Inc. et al
| Rentokil-Initial Pension Scheme |
| Citigroup Inc., Sanford I. Weill, Charles O. Prince, III, Robert E. Rubin and Vikram Pandit |
| 1:2012cv06653 |
| August 30, 2012 |
| US District Court for the Southern District of New York |
| Foley Square Office |
| XX Out of U.S. |
| Sidney H. Stein |
| Securities/Commodities/Exchanges |
| 15 U.S.C. ยง 78 |
| Plaintiff |
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Filing
52
OPINION & ORDER re: (47 in 1:12-cv-06653-SHS) MOTION to Amend/Correct the Court's Final Order of Dismissal. filed by Rentokil-Initial Pension Scheme. The doctrine of forum non conveniens balances U.S. courts' disinterest in "becoming the courthouse to the world, or an international court of claims," with the same courts' disinterest in stripping plaintiffs of the ability to bring a lawsuit altogether. The prerequisite of an adequate alternative forum, wh ile essential to a plaintiff's opportunity to be heard, does not invite a plaintiff to extract concessions from its adversary beyond those necessary to guarantee the plaintiff's day in court. In this case, defendants have consented to juris diction in the courts of England and Wales, permitting plaintiff to sue them in that forum based on the facts plaintiff alleged in this action. No jurisdictional issue and no statute of limitations will stand between plaintiff and a U.K. lawsuit for the claims for relief alleged here. Accordingly, it is hereby ORDERED that plaintiff's motion to amend the judgment in this matter is denied. (Signed by Judge Sidney H. Stein on 6/9/2014) (kgo)
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Filing
44
OPINION AND ORDER. It is hereby ORDERED that the First Amended Class Action Complaint is dismissed on the grounds of forum non conveniens, on the condition that counsel for defendants Weill, Prince, Rubin, and Pandit notify the Court in writing, with in seven days of the entry of this Opinion and Order, that Weill, Prince, Rubin, and Pandit consent to jurisdiction over them by the courts of the United Kingdom. re: 24 MOTION to Dismiss the Amended Complaint filed by Citigroup Inc., Robert E. Rubin, Charles O. Prince, III, Sanford I. Weill, Vikram Pandit. (Signed by Judge Sidney H. Stein on 2/6/2014) (rjm)
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