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Case of the Day: Frontera Capital (Case C-722/21)
Today’s case of the day is Frontera Capital, Case C-722/21 in the Court of Justice of the European Union. Article 267 of the TFEU provides a means to obtain preliminary rulings from the CJEU on matters of European law: Where such a question is raised before any court or tribunal of a Member State, that……
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Case of the Day: Sucesores de Done Carlo Nuñez v. Société Générale
The case of the day is Sucesores de Done Carlo Nuñez y Doña Pura Galvez, Inc. v. Société Générale S.A. (S.D. Fla. 2019). The case was a Helms-Burton Act case. Banco Nuñez sought leave to serve process on the Bank of Nova Scotia and the National Bank of Canada, both Canadian firms, and Banco Bilbao……
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Case of the Day: Application of Del Valle Ruiz
The case of the day is In re Application of del Valle Ruiz (2d Cir. 2019). I’ve written about the case twice before, first in a October 2018 post on the district court decision, and then in an April 2019 post after oral argument. This is the latest in a line of recent important §……
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Looming Problem of the Day: In re Application of del Valle Ruiz
The Second Circuit heard oral argument on March 25 in In re Application of Antonio del Valle Ruiz. Del Valle Ruiz was an investor in Banco Popular Español who lost his investment when the EU and the Spanish government put the bank into receivership and sold it for € 1 to Banco Santander. Del Vale……
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Case of the Day: In re Application of Ruiz
The case of the day is In re Application of Ruiz (S.D.N.Y. 2018). In 2017, European and Spanish banking regulators sold Banco Popular Español, a bank they thought failing, to Banco Santander for € 1. Investors in Banco Popular then sued in the EU’s Court of Justice, and some of them also brought investor-state arbitrations……