There are several interrelated and emerging issues.First, the long-term ramifications of improper conduct—that is, promoting improper objectives under the ruse of national security—are far more serious in an interconnected world dependent on free trade, supply chains, and foreign direct investment (FDI) as pillars of the global governance architecture.22 Indeed, in a globalized world with inter-dependent and integrated economies, conduct based upon the national security exception… [read post]

” In re Caremark International Inc. [read post]

As numerous commentators have noted, one of the most distinctive litigation developments over the last twelve months has been the emergence of U.S. securities litigation against Chinese companies that obtained their listings on U.S. exchanges that a “reverse merger” with a publicly traded U.S. shell company. [read post]