A non-signatory to an agreement may be bound by a forum selection clause in contracts entered into by a predecessor in interest, the U.S. Court of Appeals for the Second Circuit ruled Friday.

Reviving a federal lawsuit in New York over defaulted loans in connection with a water and sewer concession in Argentina, the circuit said “the fact that a party is a non-signatory to an agreement is insufficient, standing alone, to preclude enforcement of a forum selection clause.”