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Case of the Day: Absolute Activist Master Value Fund, Ltd. v. Ficeto
The case of the day is Absolute Activist Master Value Fund, Ltd. v. Ficeto (S.D.N.Y. 2013). The Absolute Activist Master Value Fund and several other Cayman Islands hedge funds sued several principals and employees of the company they hired to manage their assets, Absolute Capital Management, including Florian Homm. The claim was that Homm, a……
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Case of the Day: Lac Vieux Desert Band of Lake Superior Chippewa Indians v. Cardona
The case of the day is Lac Vieux Desert Band of Lake Superior Chippewa Indians Holdings Mexico, LLC v. Cardona (Ariz. Ct. App. 2013). The Lac Vieux Desert Band of Lake Superior Chippewa Indians loaned more than $6 million to Arturo Rojas Cardona, Juan Jose Rojas Cardona, Juegos De Entretenimiento Y Videos de Guadalupe, Entretenimiento……
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Event Announcement: Kennedy School Event on the Chevron Case
I’ve just learned of an event to be held tomorrow at the Kennedy School’s Carr Center for Human Rights Policy. Titled The Chevron Case in Ecuador: Maria Aguinda’s Fight to Bring a Major Corporation to Justice, the event features Andres Snaider of Nextant LLC and Chris Jochnick of Oxfam America. The event will be held……
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Case of the Day: Hyundai Securities Co. v. Lee
The case of the day is Hyundai Securities Co. v. Lee (Cal. Ct. App. 2013). Shareholders of Hyundai brought a derivative action on behalf of the corporation against Hyundai’s former CEO, Ik Chi Lee, in the Seoul Southern District Court. The claim was for securities fraud. The Korean court entered judgment in favor of Hyundai……
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Case of the Day: de Csepel v. Hungary
The case of the day is de Csepel v. Hungary (D.C. Cir. 2013). The case concerns the art collection of Baron Mór Litót Herzog, a “passionate Jewish art collector in pre-war Hungary.” Baron Herzog died in 1934, and his wife and then his children, Erzsébet (who married Alfonz Weiss de Csepel, hence the name of……