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ATSI Communications Inc., plaintiff v. The Shaar Fund Ltd., defendants
Free WIth Registration: Approval of Settlement Conditioned on Vacatur, Purge Of Sanction Rulings Denied; 'U.S. Bancorp' NotedThe agency's case against Renato Negrin and Jon-Paul Rorech claims Rorech profited by more than $1.2 million by buying credit default swaps based on inside information. But does the SEC even have jurisdiction over the opaque derivatives?
New Century's shareholders were the first to file a subprime-related securities class action, but the litigation got mired in competing claims by the SEC and the New Century bankruptcy trustee. The global settlement deal announced Monday takes care of the whole kit and caboodle.
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The regulator that oversees brokers and dealers reversed a trend of bringing fewer cases, but failed to turn around a five-year decline in fine totals.
China Tries New Tactics in Patent Fight
As China strives to shed its counterfeiter image and enhance its global economic standing, litigation against the country is growing. Because losing a suit could block entry to the U.S. market, Chinese companies are hiring prominent American law firms to represent them in U.S. courts. "What we're seeing now is that the Chinese are becoming much more educated about the IP system and what they can and cannot do," says Cecilia Gonzalez, Howrey's intellectual property practice co-chair.Just-in-Time Systems Said Y2K Ready
"Just-in-time" business techniques may contribute to the Y2K problem.The Evolving Mystery of Illegal Insider Trading
In their White-Collar Crime column, , write that as no statute defines illegal insider trading, individuals seeking to conform their conduct to the law cannot understand what is required of them by reading a statute, but instead must interpret a vast body of sometimes inconsistent case law.Trending Stories
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