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Case of the Day: Vanleeuwen v. Keyuan Petrochemicals
The case of the day is Vanleeuwen v. Keyuan Petrochemicals, Inc. (C.D. Cal. 2012). Neil Vanleeuwen and Rodney Omanoff brought a class action against Keyuan Petrochemicals and Chung-feng Tao, its chairman, president, CEO, and director, for violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. The plaintiffs sought leave to……
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Case of the Day: In re Republic of Ecuador
The case of the day is In re Republic of Ecuador (N.D. Fla. 2012). The judge characterized the case as a small part of “an expansive, long-running international dispute,” which is like calling the moon landing a “short, somewhat interesting jaunt for the adventurous.” The Republic of Ecuador, taking a page from Chevron’s playbook, brought……
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Case of the Day: In re GLG Life Tech Corp. Securities Litigation
The case of the day is In re GLG Life Tech Corp. Securities Litigation (S.D.N.Y. 2012). Luke Zhang, a Canadian national, was the chairman and CEO of GLG. The plaintiffs brought a securities fraud class action against him, GLG, and GLG’s chief financial officer, Brian R. Meadows. GLG and Meadows appeared and responded to the……
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Updates on Lago Agrio and Argentina
So as not to get too far into the week without some cases of the day, I am going to cover some recent happenings in two of our favorite cases in a single post. First is an update on the hearing on Chevron’s motion to dismiss in Toronto; second, the hearing on the Liberdad case……
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Case of the Day: Microsoft v. John Doe
The case of the day is Microsoft Corp. v. John Doe (E.D.N.Y. 2012). Microsoft asserted claims against dozens of unknown defendants, the alleged creators, controllers, and users of the “Zeus Botnets” malware, a malicious computer program that is used to commit various cyber-crimes. Microsoft did not know the identities of the defendants, but its investigation……