The Mackin Group, LLC Announces the U.S.C.A. Second Circuit Will Consider Jurisdiction Over Corporation's Alleged Contradictory Corporate Disclosure Statements

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The U.S.C.A. Second Circuit will consider whether it has subject matter jurisdiction, where Appellant Mona Mustafa alleges NSI International Inc. filed mutually exclusive F.R.A.P. Rule 26.1 corporate disclosure statements in two appeals from the same district court case.

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"Federal Rule of Appellate Procedure Rule 26.1 requires that a corporation must 'file a statement that identifies any parent corporation and any pucblicly held corporation that owns 10% or more of its stock.'"

The United States Court of Appeals for the Second Circuit will consider whether the United States District Court Eastern District of New York had subject matter jurisdiction to hear the claim of NSI International, Inc., where Appellant Mona Mustafa alleges NSI International Inc. filed mutually exclusive Federal Rule of Appellate Procedure Rule 26.1 Corporate Disclosure Statements, in two separate Second Circuit appeals from the same U.S.D.C. case.

Both 16-3550 and 14-3706 appeals are from district court case 12-5528 in the U.S.D.C., Eastern District of New York.

Federal Rule of Appellate Procedure Rule 26.1 requires that a corporation must “file a statement that identifies any parent corporation and any publicly held corporation that owns 10% or more of its stock.”

According to court documents, U.S.C.A. for the Second Circuit 14-3706, NSI International Inc. filed a F.R.A.P. Rule 26.1 statement that represented “there are no parent corporations or any publicly held corporation which owns 10% or more of its stock.” In the second appeal 16-3550, court documents show NSI International filed a Rule 26.1 statement that disclosed, “NSI International Inc. is a subsidiary of Powerview Investment Limited, which is not publicly owned."

NSI International Inc. previously disclosed in New York Supreme Court documents that NSI International Inc. is a wholly owned subsidiary of Powerview Investment Limited, a British Virgin Island entity whose sole shareholder is foreigner David Chu.

NSI International Inc. is a manufacturer of Toys and Hobbies, and is a licensee of the Smithsonian Institution.

NSI International Inc. is represented by Milman Labuda Law Group, PLLC, attorneys Jamie S. Felsen and Joseph M. Labuda. Jamie S. Felsen and Joseph M. Labuda have represented they are also partners in the law firm of Marshall M. Miller Associates.

16-3550 NSI International v. Mona Mustafa is calendared on submission for June 4th, 2018, before the United States Court of Appeals for the Second Circuit.

For further information concerning this case, please contact:
The Mackin Group, LLC
Attn: Mona Mustafa
Mackingrouplaw@aol.com
2208 Countryside Lane
Lindenhurst, IL 60046
(224) 688-3014

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