Legal Opinion
Lewis Borsellino and I.M. Acquisitions, LLC v. Goldman Sachs Group, Incorporated
Court of Appeals for the Seventh Circuit
Decided February 20, 2007No. 06-1384PublishedCited by 397 opinions
1Opinion of the Court
WILLIAMS, Circuit Judge.
Lewis Borsellino was a one-third partner in Chicago Trading and Arbitrage (“CTA”), a company that facilitated stock trading through remote access to the electronic stock exchange NASDAQ. His partners, whom he accused of acting behind his back and improperly using CTA resources, developed a technology to allow remote trading to occur without having to visit CTA’s offsite trading location. They started a new business called Archipelago using this technology, and Goldman Sachs became a 25% owner. Archipelago was enormously successful. Borsellino sued Goldman Sachs,…
2Cases cited23 opinions
- Foman v. DavisSupreme Court of the United States · 1962
- Fed. Sec. L. Rep. P 95,228 Rocco Dileo and Louise Dileo v. Ernst & YoungCourt of Appeals for the Seventh Circuit · 1990
- General Electric Capital Corporation v. Lease Resolution CorporationCourt of Appeals for the Seventh Circuit · 1997
- Rombach v. ChangCourt of Appeals for the Second Circuit · 2004
- In Re Daou Systems, Inc., Securities Litigation, Greg Sparling Eugene Krabbenhoft Patrick De Kruyff, Esq. Robert Zaretsky Rod Ford Thomas v. Hagman Richard W. Walsh Richard Toribio Paul Rabin v. Georges Daou Daniel Daou Fred McGee Robert McNeill John Moragne Daou Systems, Inc., in Re Daou Systems, Inc., Securities Litigation, Greg Sparling Eugene Krabbenhoft Patrick De Kruyff, Esq. Robert Zaretsky Rod Ford Thomas v. Hagman Richard W. Walsh Richar Toribio Paul Rabin v. Georges Daou Daniel Daou Fred McGee Robert McNeill John Moragne, and Daou Systems, Inc.Court of Appeals for the Ninth Circuit · 2005
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3Cited by397 opinions
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- Wigod v. Wells Fargo Bank, N.A.Court of Appeals for the Seventh Circuit · 2012
- Cincinnati Life Insurance Comp v. Marjorie BeyrerCourt of Appeals for the Seventh Circuit · 2013
- Makor Issues & Rights, Ltd. v. Tellabs Inc.Court of Appeals for the Seventh Circuit · 2008
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