Carlos Ghosn, former chief executive officer of Nissan Motor Co. and Renault SA, gestures as he speaks to the media at the Lebanese Press Syndicate in Beirut, Lebanon, on Wednesday, Jan. 8, 2020. “Ripped from my family, my friends, my communities, from Renault, Nissan and Mitsubishi and the 450,000 women and men who comprise those companies. It is impossible to express the depth of that deprivation and my profound appreciation to once again be able to be reunited with my family and loved ones,” Ghosn said. Photographer: Hasan Shaaban/Bloomberg
For a while, it seemed like Paul Weiss lawyers had a strong argument that all claims in a securities fraud class action against their client Carlos Ghosn should be dismissed—that the federal court in Nashville lacked personal jurisdiction over the ex-Nissan chairman.
“Subjecting a foreigner to suit in the United States is burdensome under ordinary circumstances, but here the burdens are much higher since Mr. Ghosn at present cannot even leave Japan by order of the Japanese authorities, is subject to constant surveillance, and is barred from interacting with witnesses in his case (among other limitations),” wrote Paul Weiss securities litigation co-chair Audra Soloway in August, back when all of that was true.
