9th Circ. Partially Reverses Global Express Ruling

Law360 (August 11, 2008, 12:00 AM EDT) -- A federal appeals court has partially overturned a favorable verdict for the U.S. Securities and Exchange Commission in a case filed against two executives of Global Express Capital Real Estate Investment Fund, reversing the part of the decision that granted summary judgment against the fund's CEO.

In a ruling handed down on Aug. 7, the U.S. Court of Appeals for the Ninth Circuit partially reversed a decision reached by the U.S. District Court for the District of Nevada that granted the SEC's motion for summary judgment...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.