Mizuho Says High Court Ruling Winnows Mt. Gox Claims
By Jon Hill (August 16, 2017, 8:21 PM EDT) -- A Japanese bank being sued over the collapse of the Mt. Gox bitcoin exchange told an Illinois federal court Tuesday that it should dismiss claims brought by California and Pennsylvania residents in light of a recent U.S. Supreme Court decision limiting trial courts' jurisdiction over claims involving out-of-state parties.
Mizuho Bank Ltd. urged the court to reconsider its decision from March 2016 denying the bank's bid to dismiss the proposed class action, saying the jurisdictional facts of the case are similar to those that prompted the high court in June to rule a California state court lacked specific personal jurisdiction over...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!