Author: Ted Folkman

  • Case of the Day: RECARO North America v. Holmbergs Childsafety Co.

    The case of the day is RECARO North America, Inc. v. Holmbergs Childsafety Co. (E.D. Mich. 2011). RECARO, a child safety seat manufacturer, claimed that the defendants, Holmbergs Childsafety Co., a Hong Kong company, and its affiliates, Gnosjö-Gruppen AB and Holmbergs Childsafety AB, both Swedish companies, designed and manufactured the “A-locks” that it used in……

  • Case of the Day: Ambritz Trading Corp. v. URALSIB Financial Corp.

    The case of the day is Ambritz Trading Corp. v. URALSIB Financial Corp. (S.D.N.Y. 2011). Figuring out the players takes a bit of work. The main plaintiff was Ambritz, a Seychelles corporation with its principal place of business in Russia. The defendants were OJSC Financial Corporation URALSIB, a Russian holding company, and several of its……

  • 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……

  • 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……

  • 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……