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6 Apr 2017, 9:01 pm by Vikram David Amar
Nixon; the so-called ‘‘Independent Counsel’’ case, Morrison v. [read post]
29 Mar 2017, 5:00 am by John Jascob
The transactions at issue in this case were not subject to Rule 105 because while the short sales took place on the NYSE, the activities related to the subsequent purchase of the same securities in an offering occurred entirely outside of the United States (SEC v. [read post]
16 Mar 2017, 7:31 am by John Bellinger
  Although a panel of the Ninth Circuit had concluded in 2013 that the Kiobel decision had not adopted the “focus” test enunciated in Morrison v National Australia Bank, Judge Wilson holds that the Supreme Court’s 2016 decision in RJR Nabisco makes clear that the Morrison focus test does apply to the ATS and that the defendants’ alleged conduct in the United States was not the focus of Congress’s concern when it enacted… [read post]
6 Mar 2017, 4:26 pm by Kevin LaCroix
However, the Morrison decision did not end, or even reduce, securities lawsuits in the United States against foreign companies. [read post]
1 Mar 2017, 9:30 am by Legal Beagle
  As summarised in an Isle of Man judgment, the scheme resembled a “Ponzi” scheme in that apparent repayments to HC were in fact funded in a circular way by HC itself:  see paragraph 30 of the judgment of His Honour Deemster Corlett, Heather Capital Limited v KPMG Audit LLC, 17 November 2015. [9]        A third party, Nicholas Levene, was a participant in the scheme. [read post]
21 Feb 2017, 10:02 am by John Bellinger, Andy Wang
‘took place outside the United States,’ we did not need to determine, as we did in Morrison, the statute’s ‘focus. [read post]
7 Feb 2017, 10:50 am by Lisa Daniels
The Second Circuit relied on the Supreme Court’s 2010 decision in Morrison v. [read post]
10 Jan 2017, 3:30 am by Kristin Hickman
Comm’r, 136 T.C. 373 (2011)—one of the cases leading up to the Supreme Court’s decision in United States v. [read post]
5 Jan 2017, 4:37 pm by Kevin LaCroix
These allegations, Judge Breyer said, “establish a sufficient connection between Volkswagen’s ADRs and the United States. [read post]
3 Jan 2017, 5:25 pm by Jonathan H. Adler
Among other things, Conway briefed and argued (and won) Morrison v. [read post]
2 Nov 2016, 4:37 pm by Kevin LaCroix
  Article 7(2) states that “[a] person domiciled in a Member State may be sued in another Member State . [read post]