Grupo Mexicano de Desarrollo, S.A. v. Alliance Bond Fund, Inc

In Grupo Mexicano de Desarrollo, S.A. v. Alliance Bond Fund, Inc., 527 U.S. 308 (1999), the United States Supreme Court determined that a federal district court lacked equity jurisdiction to issue a preliminary injunction, at the behest of a creditor, to prevent a debtor from transferring assets in which the creditor had no existing lien or equitable interest. The majority held that, because such pre-judgment relief was not traditionally awarded by English courts in equity in 1789, any enlargement of the federal court's powers in this regard was up to Congress. Grupo, 527 U.S. at 318-33.