Editor's Note :

Editor's Note :

There is a possibility of opinions on Wednesday, March 1.
On Tuesday the court hears oral argument in Dean v. United States. Douglas Berman has our preview.

Morrison v. National Australia Bank

Docket No. Op. Below Argument Opinion Vote Author Term
08-1191 2d Cir. Mar 29, 2010
Tr.
Jun 24, 2010 8-0 Scalia OT 2009
 
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Holding: The Court held that U.S. law against securities fraud does not apply to investment deals that occur outside the country, even if they have a domestic impact or effect.

Plain English Summary:

Judgment: Affirmed, 8-0, in an opinion by Justice Antonin Scalia on June 24, 2010. Justice Stevens filed an opinion concurring in the judgment, joined by Justice Ginsburg. Justice Sotomayor took no part in the proceedings.

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