IN RE: KINGDOM OF BELGIUM, FEDERAL PUBLIC SERVICE FINANCE PENSION PLAN LITIGATION

CourtDistrict Court, S.D. New York
DecidedSeptember 22, 2023
Docket1:21-cv-06392
StatusUnknown

This text of IN RE: KINGDOM OF BELGIUM, FEDERAL PUBLIC SERVICE FINANCE PENSION PLAN LITIGATION (IN RE: KINGDOM OF BELGIUM, FEDERAL PUBLIC SERVICE FINANCE PENSION PLAN LITIGATION) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
IN RE: KINGDOM OF BELGIUM, FEDERAL PUBLIC SERVICE FINANCE PENSION PLAN LITIGATION, (S.D.N.Y. 2023).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ────────────────────────────────────

IN RE: KINGDOM OF BELGIUM FEDERAL 21-cv-6392 (JGK) PUBLIC SERVICE FINANCE PENSION PLAN LITIGATION MEMORANDUM OPINION AND ORDER

──────────────────────────────────── JOHN G. KOELTL, District Judge

This case arises out of a consolidated action brought by the plaintiff, the Kingdom of Belgium, Federal Public Service Finance (“FPSF” or “Belgium”), against the defendants, several purported pension plans (the “Pension Plan Defendants”), and individuals associated with those pension plans, including Richard Markowitz, Matthew Stein, John van Merkensteijn, Alicia Colodner, Stephen Wheeler, Adam LaRosa, Luke McGee, and Jerome L’Hote. The plaintiff, FPSF, complained that the defendants fraudulently induced it to pay tax refunds to the defendants relating to the defendants’ alleged falsified ownership of Belgian corporate dividends. The defendants moved to dismiss for lack of subject matter jurisdiction and failure to state a claim, primarily on the ground that the “revenue rule” barred this Court’s consideration of the plaintiff’s claims because they were simply an effort to collect Belgian taxes.1

1 The “revenue rule” bars foreign sovereigns from seeking direct or indirect enforcement of their tax laws in the courts of the In an Order dated July 5, 2023, this Court denied the defendants’ motions to dismiss, see In re Kingdom of Belgium, Federal Public Service Pension Plan Litigation, 2023 WL 4345373, ---F. Supp. 3d---(S.D.N.Y 2023)(“Belgium”), and the defendants now move for the Court to certify the Order for interlocutory appeal pursuant to 28 U.S.C. § 1292(b). The defendants’ motion

is denied. I. The Court may certify an issue for interlocutory appeal if: (1) “such order involves a controlling question of law,” (2) “there is substantial ground for difference of opinion,” and (3) “an immediate appeal from the order may materially advance the ultimate termination of the litigation.” 28 U.S.C. § 1292(b).2 Only “exceptional circumstances justify a departure from the basic policy of postponing appellate review until after the entry of a final judgement.” Coopers & Lybrand v. Livesay, 437 U.S. 463, 475 (1978); see also In re Flor, 79 F.3d 281, 284 (2d

Cir. 1996) (per curiam) (collecting cases). “The decision whether to grant an interlocutory appeal from a district court order lies within the district court's discretion.” King Cnty.,

United States. See, e.g., Att'y Gen. of Can. v. R.J. Reynolds Tobacco Holdings, Inc., 268 F.3d 103, 106, 130-31 (2d Cir. 2001). 2 Unless otherwise noted, this Memorandum Opinion & Order omits all alterations, citations, footnotes, and internal quotation marks in quoted text. Wash. v. IKB Deutsche Industriebank AG, 863 F. Supp. 2d 317, 320 (S.D.N.Y. 2012). The Court declines to certify this Court’s prior Order for interlocutory appeal. An issue may be certified for interlocutory appeal only if the district court concludes that there is a controlling question of law as to which there is a

substantial ground for difference of opinion. 28 U.S.C. § 1292(b). This requirement demands more than just the “mere presence of a disputed issue.” Flor, 79 F.3d at 284. A substantial ground for difference of opinion exists where “there is conflicting authority on the issue, or the issue is particularly difficult and one of first impression in the Second Circuit.” U.S. ex rel. Colucci v. Beth Israel Med. Ctr., No. 06 Civ. 5033, 2009 WL 4809863, at *1 (S.D.N.Y. Dec. 15, 2009). The plaintiff does not dispute that the application of the “revenue rule” is a “controlling question” or that its application to this Court could materially advance the ultimate termination of

the litigation. However, the plaintiff denies that the application of the revenue rule is a particularly difficult question or subject to conflicting authority. II. In its Order denying the defendants’ motions to dismiss, this Court explained that the revenue rule does not apply to this case. Belgium, 2023 WL 4345373, *5. First, there is no direct enforcement of Belgian tax law because FPSF does not seek to recover any lost tax revenue. FPSF alleges a simple fraud in which the victim happens to be the Belgian tax authority. Accordingly, resolution of FPSF’s claim requires no interpretation of Belgian tax law or collection of Belgian taxes. Although the case ostensibly involves a tax refund, the

primary issue is whether the amounts paid by FPSF as “tax refunds” were fraudulently obtained by the defendants. This case does not require the calculation of Belgian tax, nor is it an effort by FPSF to recover taxes from the defendants. Id. Moreover, whether the revenue rule precludes this Court’s subject-matter jurisdiction over claims of fraud brought by a foreign tax authority is not a matter of first impression. Judge Kaplan, faced with the same issue in deciding In re SKAT Tax Refund Scheme Litigation, reached the same conclusion: the revenue rule does not apply where the action does not involve enforcement of foreign revenue laws. 356 F. Supp. 3d 300

(S.D.N.Y. 2019). The defendants argue that the “determining factor here is not whether a different judge in the same district has weighed in on a particular issue, but rather whether the Second Circuit itself has had occasion to squarely address it.” ECF. No. 127 at 3. But if “the silence of an appellate court” were sufficient to satisfy the requirements of § 1292(b), then interlocutory appeals “would be the norm, not the exception.” Garber v. Off. of the Comm’r of Baseball, 120 F. Supp. 3d 334, 338 (S.D.N.Y. 2014). The defendants have pointed to no directly conflicting authority in the Court of Appeals for the Second Circuit or indeed any court of appeals. The defendants contend that a decision reached by a United Kingdom court conflicts with this Court’s decision. See

Skatteforvaltningen v. Solo Capital Partners LLP, [2021] EWHC 974 (Comm) (U.K.). This argument fails for several reasons. First, conflicting opinions on the issue “outside the circuit do[] not alone support the certification of an interlocutory appeal.” Colucci, 2009 WL 4809863, at *1 (citing Ryan, Beck & Co. v. Fakih, 275 F. Supp. 2d 393, 398 (E.D.N.Y. 2003)). Second, the United Kingdom decision was reversed by a unanimous panel of the English Court of Appeal, which explained the argument “that the claim to the refund is still a claim to tax is simply wrong as a matter of analysis and the judge fell into error in accepting that submission.” Skatteforvaltningen v. Solo Capital

Partners LLP, [2022] EWCA Civ 234 [¶ 128], appeal docketed, 2022 UKSC No. 2022-0066. Accordingly, this Court’s Order does not conflict with any authority that has previously addressed the issue. The defendants also point to the certification issued in Republic of Colom. v. Diageo N. Am. Inc., 619 F. Supp. 2d 7 (E.D.N.Y.

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Related

Coopers & Lybrand v. Livesay
437 U.S. 463 (Supreme Court, 1978)
Ryan, Beck & Co., LLC v. Fakih
275 F. Supp. 2d 393 (E.D. New York, 2003)
Republic of Colombia v. DIAGEO NORTH AMERICA INC.
619 F. Supp. 2d 7 (E.D. New York, 2007)
Garber v. Office of the Commissioner of Baseball
120 F. Supp. 3d 334 (S.D. New York, 2014)
In re Skat Tax Refund Scheme Litig.
356 F. Supp. 3d 300 (S.D. Illinois, 2019)
King County v. IKB Deutsche Industriebank AG
863 F. Supp. 2d 317 (S.D. New York, 2012)

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IN RE: KINGDOM OF BELGIUM, FEDERAL PUBLIC SERVICE FINANCE PENSION PLAN LITIGATION, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-kingdom-of-belgium-federal-public-service-finance-pension-plan-nysd-2023.