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Breakingviews: America's wimpy judges

Tuesday, October 07, 2014 - 03:09

Antony Currie and Reynolds Holding explain how a Motorola Mobility lawsuit highlights a worrying trend of courts backing off cases involving foreign companies that harm U.S. commerce.

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America's -- to becoming wimps when it comes -- -- with foreign -- now if you are being -- -- our Credit Suisse told them about the foreign banks. You must think we're talking not soft at least billions of dollars you can thing recently. The ring you've been making at a few of the cases that aren't in both banks and all that kind of overreact in the kind of gone the other way as you point out foreign banks have you know -- -- and understandably so again complain about getting picked -- my uncles and American law line won't matter. And the US sprint part of her that a few years ago what's -- look you know. We can't have cases that and really don't involve the United States unless congress specifically says it is. That we can apply because if fully they did I cut back up until 2010 that you -- in case you arrogance or securities law cases involving securities traded abroad with. Foreign companies foreign shareholders amusement parts and open. -- yet that doesn't really seem like it -- musicals. Right but what concerns what's happening in the US some of our other Motorola mobility. Cellphone maker it is two and a bunch of liquid display manufacturers. Abroad war. And allegedly conspiring to raise prices -- the price of these screens and uses cell phones which sells in the US -- Olson looked. Got to go to a statute which congress did specifically say. We can -- to -- foreign companies if they do things that are anti competitive in effect American congress so what brought the suit the courts that -- You know we think we wanna take a really narrow view of this tendency cancer unless things actually made in the US and sold them. Except Mike made and sold in the native Solomon -- which ignores how business works how this particular zealots on timing most members of the -- you know all the us what like. Look that we can't see these guys there's no way that we consultants kind of in -- competitive price fixing. And this this cases is during appeals court tournament. But there are other things he. So -- demon which people outside the company could blow the whistles on the company. And could say and could get a bounty and also be protected from my employer for example retaliating it is. But there's a case involving a company that was it listed on the US stock exchange. Whistle blower god -- LT but it was also fire. And set up you know the losses -- army can't tell him the court as well you know we're gonna say it's -- Qaeda. For you to get the -- you know we're gonna pull back -- on this retaliation protection because it because it used abroad. That's really something it's inconsistent doesn't make a lot of sense of relief shows support -- very show on about getting an employee of things they happen. They need to. Banks aside and he says the discovered -- and it's a thin line but I'm an ethics sometimes yeah exactly you put it exactly right -- -- more backbone. Iowa thanks for that random will be removed Britain -- more.

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Breakingviews: America's wimpy judges

Tuesday, October 07, 2014 - 03:09