Court of Appeals for the Seventh Circuit July 19, 2004, 03-3891 (Marilyn Clark, on Behalf of Sears v. Alam Lacy)

*684

FLAUM, Chief Judge.

In this case we are asked to consider how the

Colorado River

abstention doctrine applies to a derivative shareholder suit brought in federal court that involves the same factual predicate, most of the same defendants, and fundamentally the same legal issues as a derivative shareholder suit brought by a different plaintiff shareholder in New York state court.