Legal Opinion
Grunenthal Gmbh v. Hotz
Court of Appeals for the Ninth Circuit
Decided August 4, 1983No. Nos. 81-5553, 81-5554PublishedCited by 35 opinions
1Opinion of the Court
REINHARDT, Circuit Judge:
The question presented on this appeal is whether the district court has subject matter jurisdiction under the federal securities *422laws over a transaction in foreign securities between foreign corporations and citizens of foreign states where the only connection between the transaction and the United States is that some of the allegedly fraudulent conduct took place here and that instrumentalities of interstate commerce were used to effect the fraud. The district court held that it lacked jurisdiction. In its view, the securities laws do not apply to transactions that…
2Cases cited13 opinions
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
- Leasco Data Processing Equipment Corp. v. MaxwellCourt of Appeals for the Second Circuit · 1972
- IIT v. CornfeldCourt of Appeals for the Second Circuit · 1980
- Schoenbaum v. FirstbrookCourt of Appeals for the Second Circuit · 1968
8 more not listed; retrieve them via the Exa API.
3Cited by35 opinions
- Morrison v. National Australia Bank Ltd.Supreme Court of the United States · 2010
- Kauthar SDN BHD v. SternbergCourt of Appeals for the Seventh Circuit · 1998
- MCG, Inc. v. Great Western Energy Corp.Court of Appeals for the Fifth Circuit · 1990
- Robinson v. TCI/US West Communications Inc.Court of Appeals for the Fifth Circuit · 1997
- John Psimenos v. E.F. Hutton & Company, Inc.Court of Appeals for the Second Circuit · 1983
30 more not listed; retrieve them via the Exa API.