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News of the Day: Perry v. Duoyuan Printing, Inc.
My colleague Dan Lyne called to my attention Perry v. Duoyuan Printing, Inc., a putative class action in the Southern District of New York alleging securities fraud against a Chinese company whose stock trades in the US and is registered with the SEC. According to the Complaint, Duoyuan Printing made an initial public offering in……
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Case of the Day: Hubei Gezhouba Sanlian Indus. Co. v. Robinson Helicopter Co.
Today’s case of the day, Hubei Gezhouba Sanlian Indus., Co. v. Robinson Helicopter Co. (9th Cir. 2011) (mem.), is all of one paragraph long, but it is highly interesting. According to the District Court’s decision, here are the facts: The plaintiffs, Sanlian and Pinghu, were Chinese firms doing business in Hubei Province. The defendant, Robinson Helicopter Co., was a California firm.……
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Case of the Day: Samsun Logix Corp. v. Bank of China
Our case of the day, Samsun Logix Corp. v. Bank of China (S.D.N.Y. 2010), involves the question of a district court’s removal jurisdiction over a state court action to garnish the bank account of the losing party in a foreign arbitration after the district court granted a motion to recognize and enforce the award. The……
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Case of the Day: Wuxi Taihu Tractor Co. v. York Group, Inc.
Our case of the day, Wuxi Taihu Tractor Co. v. York Group, Inc. (S.D. Tex. 2011), is a fairly straightforward application of waiver principles in a Hague Service Convention case. The parties were both manufacturers of coffins. The procedural posture of the case was somewhat complicated, but at bottom, York had sued Wuxi, a Chinese……
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Case of the Day: Intercontinental Industries Corp. v. Luo
Our case of the day is Intercontinental Indus. Corp. v. Luo, Civ. A. No. 10-4174 (C.D. Cal. Jan. 20, 2011). Intercontinental sued Luo, the Communist Party Secretary of Hubei Province and owner of Wushan State Owned Industrial Holding Co., for fraud and violations of the RICO Act. The claim was that Luo induced Intercontinental to……