Outside Counsel

Dodd-Frank, 'Morrison' and Global Securities Transactions

, New York Law Journal


Chaim A. Levin writes: With greater frequency our courts are asked to evaluate the competing interests of foreign jurisdictions and our own ideals of what disclosure and accountability procedures need to be undertaken in a myriad of increasingly complex multinational transactions—a particularly thorny evaluation in circumstances when at least one of the principals to the transactions under review endeavored to avoid the reach of U.S. regulations.

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    I have been following this case from the very beginning. The government and the panel is claiming harmless error, however, the standard is nowhere to be found. The jury was not properly instructed. There was no "beyond a reasonable doubt" mentioned. At the end of the day even Ross Mandell is entitled and protected by the 6th amendment. I believe Mandell wins in the Supreme Court by unanimous decision.

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