Tag: u_s_court_of_appeals
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U.S. Appeals Court Grants Switzerland Immunity in Credit Suisse-UBS Merger Case
A U.S. Appeals Court ruled Switzerland immune from liability for its role in the Credit Suisse-UBS merger. The court found Switzerland's actions did not meet the "commercial activity" exception under the Foreign Sovereign Immunities Act, dismissing a bondholder lawsuit.
BusinessPolitics and GovernmentLaw EnforcementEconomyBankingLegalFederal Government SwitzerlandCredit SuisseUBSU.S. Court of AppealsForeign Sovereign Immunities Actbank mergerbondholdersU.S. Library of Congress
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Federal Court Dismisses Dual-Citizenship LLC Case Over Jurisdiction
A federal appellate court dismissed a case involving an LLC with dual domestic and foreign citizenship, citing a lack of diversity jurisdiction. The ruling clarifies that LLCs with mixed membership cannot sue foreign defendants under current federal law.
BusinessLaw EnforcementLegalFederal GovernmentEconomy U.S. Court of AppealsFourth CircuitLimited Liability CompanyDiversity JurisdictionFS Med. SuppliesTanner Pharma UK Ltd.Federal CourtsU.S. Library of Congress
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Media Monitor: Appeals Court Upholds EPA Air Pollution Limits
The Washington Post is reporting that a U.S. appeals court upheld tightened EPA air pollution limits, thwarting efforts by the Trump administration and the U.S. Chamber of Commerce.
Politics and GovernmentBusinessScience & TechnologyFederal GovernmentGeneral PoliticsEnvironmentLegalEconomy U.S. Court of AppealsEnvironmental Protection AgencyAir pollutionBiden administrationTrump administrationU.S. Chamber of CommerceD.C. CircuitThe Washington Post
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Charles River Labs Faces Securities Fraud Lawsuit
A U.S. Court of Appeals revived a securities fraud class action against Charles River Laboratories. The court found that allegations of misleading statements by the CEO were sufficient to proceed.
Politics and GovernmentBusinessLegalFederal GovernmentFinancial Markets Charles River Laboratoriessecurities fraudclass action lawsuitU.S. Court of AppealsState Teachers Retirement System of Ohiocorporate lawU.S. Library of Congress