Kyle Davies is arguing that his citizenship status means he is no longer subject to a U.S. court's jurisdiction.
is attempting to fight a motion to hold him in contempt of court by arguing that U.S. laws no longer apply to him.
The move comes after months of attempts to force Davies and 3AC co-founder Su Zhu to cooperate with the effort to liquidate their failed hedge fund and repay billions to investors. Liquidators in the British Virgin Islands put the company, which has assets in the British Virgin Islands, into Chapter 15 bankruptcy protection in the U.S., in order to benefit from the legal shields against creditors provided by U.S. bankruptcy.
But on Tuesday, Davies and his lawyers argued that the court cannot enforce a subpoena against him because he is no longer a citizen, and a specific rule around subpoenas in bankruptcy cases “does not allow for service of persons outside the United States who are not U.S. nationals or residents.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenshipLawyers representing Kyle Davies in court have argued any orders compelling information or his cooperation should be vacated, as they were based on him being a U.S. citizen.
Read more »
Kyle Richards Producing Documentary on Morgan Wade's LifeNow we know why Kyle Richards has been in Aspen at the same time as her good friend country star Morgan Wade ... Kyle's spreading her wings and producing a documentary on Morgan's life.
Read more »
Kyle Richards producing documentary on ‘friend’ Morgan Wade after Mauricio Umansky splitThe “Real Housewives of Beverly Hills” star and the country singer were spotted filming at Belly Up in Aspen, Colo., Sunday night.
Read more »
Kyle Richards Is Reportedly Producing, Starring in a Doc on 'Friend' Morgan WadeBravo sleuths have been on the scent of the newly-separated Real Housewife of Beverly Hills and the country singer for months.
Read more »
Utah coach Kyle Whittingham says super conferences ‘inevitable’ as Colorado exitsUtah coach Kyle Whittingham says college football is heading toward super conferences. “I think each year we take another step toward that. I think it is inevitable.”
Read more »
Analysis | This trade deadline won’t define the Nats, but it could still be busyThe trade deadline has not consumed the Washington Nationals’ clubhouse as it did the previous two Julys. Instead, as a nod to how different and slimmer the options are this year, the operative mode is lighthearted humor.
Read more »