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Case of the Day: Core VCT plc v. Hensley
The case of the day is Core VCT plc v. Hensley (D.D.C. 2015). Core VCT and Core VCT IV plc, both of which were English public limited companies with their principal places of business in London, sued James Hensley in the High Court. They obtained a default judgment there, and they brought an action for……
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Case of the Day: Folex Golf v. O-TA Precision Industries
The case of the day is Folex Golf Industries, Inc. v. O-TA Precision Industries Co. (9th Cir. 2015). Folex broght an action against O-TA in the Cenral District of California. O-TA argued that a Chinese default judgment against Folex, in an action against Folex brought by the Luoyang Ship Material Research Institute, would have collateral……
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Case of the Day: CTI Systems v. Herr Industrial
The case of the day is CTI Systems, SA v. Herr Industrial, Inc. (E.D. Pa. 2015). CTI, a Luxembourg company, contracted with Herr, a Pennsylvania corporation, for supplies and labor in connection with a “painting installation” in Kansas. The contract amount was $5.2 million, and the contract had Luxembourg choice of law and choice of……
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Case of the Day: Continental Transfert Technique v. Nigeria
The case of the day is Continental Transfert Technique Ltd. v. Federal Government of Nigeria (D.C. Cir. 2015). I last wrote about the case in August 2011. In 1999, Continental, a Nigerian corporation, made a contract with Nigeria’s Ministry of the Interior to create a computerized residence permit and alien card system. After disputes about……
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Case of the Day: Hyundai Securities v. Lee
The case of the day is Hyundai Securities Co. v. Lee (Cal. Ct. App. 2015). Lee was the CEO of Hyundai Securities from 1996 to 2000. Several Hyundai shareholders brought a shareholder derivative action against Lee in the Seoul Southern District Court, claiming that Lee was guilty of securities fraud. Lee appeared and defended. The……