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Supreme Court Decision in ‘Foreign-Cubed’ Case Could Drive Global Class Actions to Other Jurisdictions

August 9, 2010 in Securities Regulation & Law Report · Leave a Comment 

The U.S. Supreme Court’s recent decision in Morrison v. National Australia Bank Ltd. could drive transnational class actions to other countries such as Canada or the Netherlands, New York lawyer Richard Martin, Orrick, Herrington & Sutcliffe LLP, said July 30.

Martin made his remarks on a panel sponsored by his law firm and NYSE Euronext Inc. (NYX)

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