Court of Appeals for the Sixth Circuit
Document Info
DocketNumber: 97-3933
Filed Date: 10/11/2001
Status: Precedential
Modified Date: 9/22/2015
-
5(&200(1'(' )25 )8//7(;7 38%/,&$7,21 3XUVXDQW WR 6L[WK &LUFXLW 5XOH (/(&7521,& &,7$7,21 )(' $SS 3 WK &LU )LOH 1DPH DS 81,7('67$7(6&28572)$33($/6 )257+(6,;7+&,5&8,7 BBBBBBBBBBBBBBBBB 0,&+$(/ ' 1,+,6(5 ; 3ODLQWLII$SSHOODQW 1R Y ! 2+,2 (19,5210(17$/ 3527(&7,21 $*(1& ZLOO@OHDYH WRSURFHHGQRWZLWKVWDQGLQJ(OHYHQWK$PHQGPHQWLPPXQLW\ QRURRPIRUDQ\RWKHUUHDVRQDEOHFRQVWUXFWLRQjl(GHOPDQY SXUVXDQW WR &RQJUHVVjV VSHQGLQJ SRZHU ZDLYHU YLD WKH sRUGDQ86TXRWLQJ0XUUD\Y:LOVRQ IHGHUDO IXQGV WLHG WR WKH 5HKDELOLWDWLRQ $FW DQG 'LVWLOOLQJ&R86:HUHFRJQL]HWKDW FRQJUHVVLRQDO DEURJDWLRQ SXUVXDQW WR 6HFWLRQ )LYH RI WKH PHUHSDUWLFLSDWLRQLQDIHGHUDOSURJUDPLVQRWVXIILFLHQWWR )RXUWHHQWK$PHQGPHQW7KH\DUJXHWKDWWKH5HKDELOLWDWLRQ ZDLYHLPPXQLW\VHH(GHOPDQ86DWEXWZHILQG $FW$PHQGPHQWVRISURYLGHWKHQHFHVVDU\ODQJXDJHWR WKDW6HFWLRQGLVmWKHPRVWH[SUHVVODQJXDJHlRIZDLYHU DYRLG (OHYHQWK $PHQGPHQW LPPXQLW\ XQGHU HLWKHU WKHRU\ RI(OHYHQWK$PHQGPHQWLPPXQLW\ $FFRUGLQJO\ZHKROG :HZLOOH[DPLQHWKHLUZDLYHUDUJXPHQWILUVW WKDW D SODLQWLII PD\ VXH D 6WDWH XQGHU 6HFWLRQ RI WKH 5HKDELOLWDWLRQ $FW DQG ZH UHYHUVH WKH GLVWULFW FRXUWjV GLVPLVVDORI1LKLVHUjV5HKDELOLWDWLRQ$FWFODLP 7KH5HKDELOLWDWLRQ$FWKDVDORQJKLVWRU\RIVFUXWLQ\XQGHU WKH(OHYHQWK$PHQGPHQW,QWKH866XSUHPH&RXUW KHOGWKDWWKH$FWjVLQLWLDOYHUVLRQIHOOmIDUVKRUWRIPDQLIHVWLQJ %HFDXVH ZH ILQG WKDW 6WDWHV ZDLYH WKHLU (OHYHQWK D FOHDU LQWHQW WR FRQGLWLRQ SDUWLFLSDWLRQ LQ WKH SURJUDPV $PHQGPHQW LPPXQLW\ ZLWK UHJDUG WR 5HKDELOLWDWLRQ $FW IXQGHG XQGHU WKH $FW RQ D 6WDWHjV FRQVHQW WR ZDLYH LWV FODLPVZKHQWKH\DFFHSWIHGHUDOIXQGVZHQHHGQRWDGGUHVV FRQVWLWXWLRQDOLPPXQLW\l$WDVFDGHUR6WDWH+RVSY6FDQORQ 1LKLVHUjVVHFRQGDUJXPHQWWKDW&RQJUHVVYDOLGO\DEURJDWHG 867KHQH[W\HDU&RQJUHVVDGRSWHG WKH6WDWHVj(OHYHQWK$PHQGPHQWLPPXQLW\ZKHQLWHQDFWHG WKH5HKDELOLWDWLRQ$FW$PHQGPHQWVZKLFKH[SUHVVO\SURYLGH WKH5HKDELOLWDWLRQ$FW:HGRQRWHWKDWWKHWZRFLUFXLWVWR m$6WDWHVKDOOQRWEHLPPXQHXQGHUWKH(OHYHQWK$PHQGPHQW H[DPLQH WKH TXHVWLRQ KDYH IRXQG 6HFWLRQ G WR RIWKH&RQVWLWXWLRQRIWKH8QLWHG6WDWHVIURPVXLWLQ)HGHUDO FRQVWLWXWHDYDOLGDEURJDWLRQ6HH.LOFXOOHQY1HZ
Copyright © 2024 by eLaws. All rights reserved.