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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……
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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: 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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Case of the Day: Costa v. Kerzner International Resorts
Update: Due to a problem with my HTML, I published a garbled version of this article this morning. Here’s the corrected version! The case of the day is Costa v. Kerzner International Resorts, Inc. (S.D. Fla. 2011). Jennifer Costa, who had been a guest at the Atlantis Resort in the Bahamas, sued the resort’s on……