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Motorcar Parts of America Inc v. FAPL Holdings Inc et al
Case Number:
2:14-cv-01153
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 21, 2015
Auto Parts Co. Can't Appeal Morrison Ruling, Court Hears
Motorcar Parts of America Inc. told a California federal judge Monday that the U.S. Supreme Court's Morrison v. National Australia Bank decision was properly applied to a suit accusing a bankrupt Canadian subsidiary of defrauding it into an acquisition, calling the unit's bid to appeal the decision an attempt to delay litigation.
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April 14, 2015
9th Circ. Must Clarify Morrison's Scope, Calif. Judge Told
A California federal judge was told Tuesday that the Ninth Circuit must decide if the U.S. Supreme Court's Morrison v. National Australia Bank decision allows U.S. securities laws to be applied to all foreign transactions if Motorcar Parts of America Inc.'s suit against a bankrupt Canadian subsidiary is to proceed.
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April 10, 2015
Auto Parts Co. Can't Rely On 2nd Circ. Ruling In Securities Suit
A California federal judge has ruled that U.S. securities laws control Motorcar Parts of America Inc.'s suit accusing a bankrupt Canadian subsidiary of defrauding it into an acquisition, saying the Second Circuit's interpretation of the U.S. Supreme Court's Morrison v. National Australia Bank holds no sway in the case.
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April 18, 2014
Defunct Auto Parts Co. Says Parent's Suit Belongs In Canada
Bankrupt Canadian car part manufacturer Fenwick Automotive Products Ltd. told a California federal judge on Thursday that a securities suit lodged by its parent company, Motorcar Parts of America Inc., was just an inflated contractual suit spurred by "buyer's remorse" and that it belongs in a Canadian court.