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- Judith Wallace Quoted by Law360 Regarding Dismissal of Federal Securities and Commodities Lawsuit Against CL&M Client
Judith Wallace Quoted by Law360 Regarding Dismissal of Federal Securities and Commodities Lawsuit Against CL&M Client
Litigation counsel Judith Wallace was quoted in the March 21 Law360 article “Morrison Sinks Russian Investors’ $75M Thor Fraud Suit.” In dismissing the lawsuit, brought by former sales agents and investors located in Russia against a Nevis hedge fund and other defendants, U.S. District Judge Kimba M. Wood held that the plaintiffs failed to allege a domestic transaction.
Wallace said the ruling was an important decision that helps clarify the scope of federal law for Commodity Exchange Act claims, as well as for any federal claim arising out of an international financial transaction. “Morrison [v. National Australia Bank Ltd. ] concerned federal securities law, and [this] decision continues the trend of extending the reach of the Morrison standard to other statutes, now including the Commodity Exchange Act,” Wallace told Law360. “Judge Wood [also] agreed that private plaintiffs asserting Commodity Exchange Act claims must allege an injury from a commodity trade that meets the pleading requirements set forth by the Second Circuit in Absolute Activist [v. Ficeto].”
Defendants were represented by CL&M counsel Judith Wallace and associate Alexander G. Malyshev, supervised by partner Gary D. Sesser.
Mr. McSloy taught at the College's semi-annual Leadership & Governance Certificate Program, designed for current and aspiring tribal leaders.
Jeff Boxer spoke with the New York Law Journal about the quality of services provided by a mid-sized law firm like Carter Ledyard.
Ms. Wallace has been a partner at CLM since 2017 and practices Art Law, Environmental Law and Litigation.
Carter Ledyard filed an action in Manhattan's Federal District Court against Pinduoduo, Inc., a multi-billion dollar Chinese-language social e-commerce app.
Ms. Lockhart, Chair of the firm's Labor and Employment practice group, served as a panelist for DeWitt Stern/Risk Strategies' EPL program.
Client Kaneka Corporation was awarded a default judgment against a Chinese importer...
Ms. Mann was asked to comment on the lawsuit alleging that the Trump Foundation charity used funds for personal and political purposes.
Carter Ledyard is pleased to welcome the arrival of Ms. Dreizen to the firm as Counsel in the Corporate department.
Partner Steven Paul McSloy gave a presentation at the Consulate General of Ireland in NYC on “The American Indian as Irishman: The Lost Connection”
Carter Ledyard client Global SC Finance IV Limited completed an offering of $196 million of fixed rate asset backed notes.
Judith discusses the benefits and risks of arbitration of art disputes in the newly created process at the Netherlands Arbitration Institute.
Jack was honored with the Chairman's Award, in recognition of his "tireless efforts and unending dedication to the foundation."
Mr. McCarthy has joined the firm as a partner in the Litigation Department, bringing with him years of experience in international litigation and arbitration.
Our 2017 Year in Review highlights the cutting-edge work of our clients, both foreign and domestic, and some of the ways we helped them succeed.
Over breakfast at the midtown office, more than 30 members of the private equity community gathered to create a deal flow for all concerned.