kaal:claim:2029983-001

After Morrison, parties to securities transactions can be confident that U.S. law will not apply in private suits so long as their transactions are definitively located outside the United States, a certainty that did not exist under the prior conduct and effects tests.

Source quote, verbatim

after Morrison transacting parties can be confident that U.S. law will not apply in private suits provided their transac- tions are definitively outside the United States.

From

Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012), Introduction, p. 4
https://ssrn.com/abstract=2029983 · source PDF

Cite as

Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012). SSRN: https://ssrn.com/abstract=2029983

Holds when

private lawsuits, not SEC or DOJ enforcement
transaction location is unambiguous

Classification

conditionsupport: arguedsecurities-lawlaw-and-legal-systems

Verify

The quote above is an exact substring of the source PDF, whose sha256 is fde2ff611420eb283cbb49a6b681a2ae8efa2b4603ae71480e2d91483f0295f2. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/0db1c34628001459...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2029983-001.md | sha256sum