kaal:claim:1765901-009
Judge Baer's dismissal of the Porsche complaint reaches the correct result under Morrison, but parts of his reasoning require further refinement.
Source quote, verbatim
In sum, Judge Baer's holding is correct under Morrison, but some of the reasoning needs further refinement.
From
Kaal and Painter, The Aftermath of Morrison v. National Australia Bank and Elliott Associates v. Porsche (2011), II. Open Questions After Morrison; 2. Does Section 10(b) Apply to Derivative Transactions in the U.S. that Are Based on Foreign Traded Stocks?, p. 10
https://ssrn.com/abstract=1765901 · source PDF
Cite as
Kaal and Painter, The Aftermath of Morrison v. National Australia Bank and Elliott Associates v. Porsche (2011). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1765901
Holds when
Classification
normativesupport: arguedinstitutional-design
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