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Postscript to 'Morrison v. National Australia Bank'

George T. Conway III, a partner at Wachtell, Lipton, Rosen & Katz, writes that for four decades, the Second Circuit's case law on the territorial scope of §10(b) traveled on a collision course with the Supreme Court. The holding in Morrison v. National Australia Bank was inevitable, and attempts to get around that ruling, the most creative of which is becoming known as the "listed securities" theory, must fail as well.

October 14, 2010 at 12:00 AM

1 minute read

By George T. Conway III | Updated on October 14, 2010

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Also in this issue of GC New York, “Whether to Negotiate When Claims Are Baseless“

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