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Case of the Day: In re Heckmann Corp. Securities Litigation
The case of the day is In re Heckmann Corp. Securities Litigation (D. Del. 2011). The case was a purported class action on behalf of the common stockholders of Heckmann. The plaintiffs alleged that Xu Hong Bin, the former CEO and President of China Water & Drinks, Inc., had misrepresented the strength of China Water’s……
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Case of the Day: Guessous v. Chrome Hearts, LLC
The case of the day, Guessous v. Chrome Hearts, LLC (Cal. Ct. App. 2011), is another example of a party seeking recognition of a foreign judgment for defensive rather than offensive purposes, i.e., in order to defend against a claim in a US court on grounds of res judicata. In the mid-1990s, Chrome Hearts sued……
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Case of the Day: Bank of Mongolia v. Taskin
H/T to Antonin Pribetic of the Trial Warrior Blog for the reference to the case of the day, Bank of Mongolia v. Taskin (Ontario Super. Ct. 2011). The Bank of Mongolia sued Senol Taskin and several others in the Southern District of Florida. Taskin, according to the complaint, was the senior vice president of M&P……
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Happy Thanksgiving!
Letters Blogatory wishes its American readers a very happy Thanksgiving. I’ll resume blogging on Monday, Nov. 28. Photo credit: garland cannon (license)