Morgan Stanley High Yield Secu v. Swiss Leisure Group Ag

Good Law
United States Court of Appeals for the Ninth CircuitMay 24, 202221-15808California1,084 words

Opinion

Opinion

NOT FOR PUBLICATION FILED

UNITED STATES COURT OF APPEALS MAY 24 2022

MOLLY C. DWYER, CLERK

U.S. COURT OF APPEALS

FOR THE NINTH CIRCUIT

MORGAN STANLEY HIGH YIELD No. 21-15808 SECURITIES, INC.; et al., D.C. No. Plaintiffs-Appellees, 2:05-cv-01364-RFB-PAL

v.

MEMORANDUM*

SWISS LEISURE GROUP AG; JPC

HOLDING AG,

Defendants-Appellants,

and

HANS JECKLIN; et al.,

Defendants.

Appeal from the United States District Court for the District of Nevada Richard F. Boulware II, District Judge, Presiding

Submitted April 28, 2022** San Francisco, California

Before: GOULD, CLIFTON, and MILLER, Circuit Judges.

* This disposition is not appropriate for publication and is not precedent except as provided by Ninth Circuit Rule 36-3. ** The panel unanimously concludes this case is suitable for decision without oral argument. See Fed. R. App. P. 34(a)(2). This case arises from a failed project to develop a resort and casino in Nevada

that went bankrupt, giving rise to 20 years of litigation. Plaintiff-Appellees are

investment funds that invested in the development of the resort and casino…

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