(United States Second Circuit) - In a course action seeking damages from defendant Argentina for its 2001 default on sovereign debt, the district court's order modifying the course definition after having granted summary judgment on the merits in order to calculate damages is reversed where removing the continual holder requirement for the course definition of bondholder plaintiffs violated the requirement of ascertainability in Fed. R. Civ. Pro. Rule 23.
Source: findlaw.com