kaal:claim:1664809-013

If section 7216 becomes law and permits extraterritorial application of US antifraud provisions, it would further incentivize forum shopping by plaintiffs' attorneys.

Source quote, verbatim

further incentivize forum shopping by plaintiffs' attorneys.

From

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010), 4.1. European Jurisdictions and European Companies, p. 4
https://ssrn.com/abstract=1664809 · source PDF

Cite as

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010). SSRN: https://ssrn.com/abstract=1664809

Holds when

enactment of section 7216

Classification

predictivesupport: arguedrisk-and-incentives

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