Quimbee logo
DMCA.com Protection Status
From our private database of 16,500+ case briefs...

Kauthar SDN BHD v. Sternberg

United States Court of Appeals for the Seventh Circuit
149 F.3d 659 (1998)


Rimsat, Ltd. (Rimsat) (defendant) was a corporation from the island of Nevis, with its principal place of business in Fort Wayne, Indiana. Rimsat’s business plan involved providing satellite television to island nations in the Pacific Ocean. Kauthar SDN BHD (Kauthar) (plaintiff), a Malaysian corporation, invested $38 million in Rimsat. This investment was provided through a wire transfer to a bank in Indiana. Rimsat filed for bankruptcy soon after Kauthar’s investment. Kauthar brought suit, alleging that Rimsat had made several misrepresentations in violation of federal securities laws. The district court dismissed the action for lack of jurisdiction. Kauthar then appealed to the Seventh Circuit Court of Appeals.

Rule of Law


Holding and Reasoning (Ripple, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 410,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 16,500 briefs, keyed to 223 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial