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Legal Opinion

In Re Transocean Ltd. Securities Litigation

United States Judicial Panel on Multidistrict Litigation

Decided November 30, 2010No. MDL 2201PublishedCited by 80 opinions

1Opinion of the Court

ORDER DENYING TRANSFER

JOHN G. HEYBURN II, Chairman.

Before the entire Panel * : Plaintiffs in an action pending in the Southern District of Texas have moved, pursuant to 28 U.S.C. § 1407, to centralize this litigation in that district. This litigation currently consists of that action (Johnson Mutual Funds Trust) and an action pending in the Southern District of New York {Foley).

Responding defendants Transocean Ltd. (Transocean), Steven L. Newman (Trans-ocean’s current CEO), and Robert A. Long (Transocean’s prior CEO) support centralization, but prefer the Southern District of New York as…

2Cases cited1 opinion

  1. In Re Royal American Industries, Inc. Securities LitigationUnited States Judicial Panel on Multidistrict Litigation · 1976

3Cited by80 opinions

  1. In re Best Buy Co.United States Judicial Panel on Multidistrict Litigation · 2011
  2. Foley v. Transocean Ltd.District Court, S.D. New York · 2011
  3. In re [24]7.Ai, Inc.United States Judicial Panel on Multidistrict Litigation · 2018
  4. In re Fresh Dairy Products Antitrust LitigationUnited States Judicial Panel on Multidistrict Litigation · 2012
  5. In re Capacitors Antitrust Litigation (No. II)United States Judicial Panel on Multidistrict Litigation · 2016

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