The U.S. Supreme Court ruled yesterday that America’s main law against securities fraud does not apply to investment deals that occur outside of this country, even if they have some domestic impact or effect. In the opinion, the Court declared that U.S. securities fraud law cannot be used in American courts to challenge a “transnational” securities… Continue Reading
Monthly Archives: June 2010
In the Pursuit of Justice Against Global Corporations. Many Factors to Consider.
Posted in International LitigationLast week our firm filed a lawsuit against Ernst & Young for the fraudulent actions of one of its predecessor firms. Although the dispute is domestic, it is based on conduct that occurred overseas in the Philippines. The suit is similar to many others that are filed against global enterprises that boast of having a… Continue Reading
BP is a British Corporation Funneling Profits Overseas, Right? Not Exactly.
Posted in Business Transactions, Random Thoughts and ObservationsThe New York Times published an interesting article this past Sunday on the growing displeasure in Britain over use of the name “British Petroleum” by top federal officials in the United States in referring to the company responsible for the gulf oil spill. It will be interesting to see whether President Obama will use the… Continue Reading
Swiss Banks: Not a Good Place for International Icons of Intrigue to Stash Their Cash (But Still Great for Everyone Else).
Posted in Corporate GovernanceJames Bond , Jason Bourne and other international icons of intrigue may soon need to look elsewhere to keep their secret bank accounts. A Swiss parliamentary committee recommended yesterday that the full Parliament back an agreement with the United States to hand over the bank details of UBS’ 4,450 American clients in spite of Switzerland’s… Continue Reading
International Arbitration: ICSID Streams Live Video of Investment Arbitration Hearing.
Posted in Dispute Resolution, International ArbitrationAlthough the hearings began live-streaming yesterday, Simon Lester over at the International Economic Law and Policy Blog, has reported that the International Center for the Settlement of Investment Disputes (ICSID) is webcasting a hearing in the Pac Rim CAFTA-DR investment arbitration (via Luke Peterson): A hearing on preliminary objections in the above case will be transmitted… Continue Reading
About Santiago A. Cueto
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Board Certified International Law Expert and Founding partner Santiago A. Cueto focuses his practice on international business law with an emphasis on international business litigation, arbitration and transactions. His practice is based in Miami, Florida.
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