Legal Opinion
IIT v. Cornfeld
Court of Appeals for the Second Circuit
Decided March 17, 1980No. 8, Docket 79-7084PublishedCited by 162 opinions
1Opinion of the Court
FRIENDLY, Circuit Judge:
This is an appeal from an order of the District Court for the Southern District of New York dismissing, for want of subject-matter jurisdiction, a Rule 10b-5 action by a Luxembourg investment trust and its liquidators, 462 F.Supp. 209 (1978). It again raises vexing questions with respect to the reach of the anti-fraud provisions of our securities laws with respect to transactions having substantial foreign elements. Here, as in other cases on this subject,1 we are obliged to pick out boundaries as best we can although the statutory language gives little aid.2 The…
2Cases cited50 opinions
- Foman v. DavisSupreme Court of the United States · 1962
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
- Nye & Nissen v. United StatesSupreme Court of the United States · 1949
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3Cited by162 opinions
- Morrison v. National Australia Bank Ltd.Supreme Court of the United States · 2010
- Mills v. Polar Molecular Corp.Court of Appeals for the Second Circuit · 1993
- Fed. Sec. L. Rep. P 90,266 Irene L. Wright, on Behalf of Herself and All Others Similarly Situated v. Ernst & Young LLPCourt of Appeals for the Second Circuit · 1998
- Fed. Sec. L. Rep. P 91,922 James Bloor v. Carro, Spanbock, Londin, Rodman & FassCourt of Appeals for the Second Circuit · 1985
- Design Strategy, Inc. v. DavisCourt of Appeals for the Second Circuit · 2006
157 more not listed; retrieve them via the Exa API.