on Apr 27, 2010 at 10:17 am
We have two new opinions this morning:
In Stolt-Nielson S.A. v. AnimalFeeds International (08-1198), the Court reverses and remands the decision below in a 5-3 vote, with an opinion by Justice Alito. Â Justice Ginsburg dissents, joined by Justices Stevens and Breyer. Â Justice Sotomayor took no part.
- Holding: Class arbitration may not be imposed on parties that have not agreed to that.
In Merck & Co. v. Reynolds (08-905), the Court affirms the lower court unanimously, in an opinion by Justice Breyer. Â Justice Stevens concurs, as does Justice Scalia, joined by Justice Thomas.
- Holding: The time limitations period for filing a securities fraud lawsuit begins to run once the plaintiff discovered or reasonably would have discovered the violation–whichever comes first.
The full texts of the opinions appear below the jump.