Sussing Out The 2nd Circ. WorldCom Reversal

Law360, New York (February 4, 2013, 7:02 PM EST) -- On Jan. 24, 2013, the United States Court of Appeals for the Second Circuit reversed a ruling of the federal district court for the Southern District of New York, reopening the time for a party to file a notice of appeal under Federal Rule of Appellate Procedure 4(a)(6). The Court of Appeals, in what it considered to be a matter of first impression, ruled that the district court abused its discretion in reopening the time for appeal even though the technical requirements for relief under Rule...
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