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Part IV Extraterritoriality and US Law, 21 ‘Bridging the Gap’: »

Vincent Smith
From: Extraterritoriality and Collective Redress
Edited By: Duncan Fairgrieve, Eva Lein
21.01 The Morrison1 judgment from the United States Supreme Court highlights the legal limits to the territorial reach of United States federal civil law in the securities field, in particular where foreign plaintiffs sue foreign defendants in relation to activities on foreign (ie non-United States) markets (so-called F-cubed cases). 21.02 The Supreme Court had also previously ruled on the extraterritorial reach of United States civil law in the anti-trust (competition law) field in its Empagran2 judgment—also restraining the reach of United States law in F-cubed...