Viking Global Equities v. Porsche
Published on:
August 3, 2011
SIFMA submitted an Amicus “Friend of the Court” Brief
Court:
U.S. Court of Appeals
(Second Circuit)
Amicus Issue:
Whether, in light of the U.S. Supreme Court’s decision in Morrison v. National Australia Bank, 130 S.Ct. 2869 (2010), Section 10(b) of the Exchange Act applies to security-based swap agreements referencing shares trade on foreign exchanges merely because plaintiffs allege that they signed confirmations in the United States.
Counsel of Record:
Cleary Gottlieb Steen & Hamilton LLP
Giovanni P. Prezioso
Meredith E. Kotler
Lee F. Berger
Other Amici:
U.S. Chamber of Commerce