2nd Circ. OKs Expedited Appeal In $1B Contract Forgery Suit

By Diamond Naga Siu (August 4, 2021, 9:56 PM EDT) -- The Second Circuit on Wednesday granted Angolan energy company Aenergy an expedited appeal of a New York federal judge's dismissal of its $1.1 billion contract forgery suit, after the lower court had urged Angola to find a more suitable venue to resolve the dispute.

Aenergy SA claims its former business partner General Electric Co. influenced the Angolan government through forged documents to terminate Aenergy's $1.1 billion energy contract with the country, leading it to sue both GE and Angola.

But U.S. District Judge John P. Cronan ruled in May that his court was not the appropriate jurisdiction for the suit, prompting...

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