Archive for October 28th, 2008
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Second Circuit Unwilling to Reject “Foreign Cubed” Class Actions Categorically
Posted in Class Action Trends, Commentary, Federal Court Decisions, International Class Action Law, tagged 10b-5, conduct test, effects test, foreign cubed, International Class Action Law, morrison v. national australia bank, transnational class action on October 28, 2008 | 10 Comments »
For those interested in the internationalization of class action law, be sure to read the Second Circuit’s decision in Morrison v. National Australia Bank Ltd., 2008 WL 4660742 (2d Cir. Oct. 23, 2008). (Thanks to The 10b-5 Daily and Point of Law for tipping me off to the decision). I have previously commented on the trend in efforts [...]
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