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Case of the Day: Louis Dreyfus Commodities Suisse v. Financial Software Systems
The case of the day is Louis Dreyfus Commodities Suisse SA v. Financial Software Systems, Inc. (3d Cir. 2017). FSS, a Pennsylvania corporation, licensed software to Dreyfus, a Swiss company, in 1996. In 2012, they amended the license agreement to include an exclusive choice of forum clause providing that disputes would be litigated in England.……
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Case of the Day: Deutsche Bank v. Sebastian Holdings
The case of the day is Deutsche Bank AG v. Sebastian Holdings, Inc. (Conn. Ct. App. 2017). Sebastian Holdings was a Turks and Caicos company. Deutsche Bank sued Sebastian in England on a claim relating to trading losses Sebastian had incurred in connection with a trading account it had opened with Deutsche Bank. The English……
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Case of the Day: Kelly v. Vesnaver
The case of the day is Kelly v. Vesnaver (E.D.N.Y. 2017). The case involved a dispute about alleged conversion and breach of fiduciary duty relating to the plaintiff’s Chinese bonds. The plaintiff served process by delivering the documents to a PO box at a UPS Store in Florida. Several of the defendants were residents of……
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Case of the Day: In re Catalyst Managerial Services
The case of the day is In re Catalyst Managerial Services, DMCC (2d Cir. 2017). The district court had granted Catalyst’s application to take discovery from several banks for use in a breach of contract action that Catalyst had brought against Libya Africa Investment Portfolio in the UK. LAIP’s main argument was that the discovery……
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Case of the Day: Multisports USA v. TheHut.com
The case of the day is Multisports USA v. The Hut.com Ltd. (S.D. Fla. 2016). Multisports sued TheHut.com Ltd., a UK company, for tortious interference in business relationships. The claim was that The Hut.com had tortiously interfered in Multisports’ relationship with Compressport, for which it acted as exclusive US distributor of sports merchandise. Multisports attempted……