FINANCE LAW

Lack of Personal Jurisdiction- motion or affirmative defense? I live in CA but have been sued in NY State court. I’m pretty sure the court does not have personal jurisdiction over me. The answer must be served tomorrow. I spoke to opposing counsel and he said that the answer only needs to be served on […]

Federal District Court Opinions FINOVA CAPITAL CORPORATION v. RICHARD A. ARLEDGE, INC., (Ariz. 2006) FINOVA Capital Corporation, Plaintiff, v. Richard A. Arledge, Inc., d/b/a Arledge Motor Co., et al., Defendants. No. CIV 02-1277-PHX RCB. United States District Court, D. Arizona. August 31, 2006 ORDER ROBERT BROOMFIELD, Senior District Judge This action was commenced on July […]

Federal District Court Opinions AGUILAR v. MELKONIAN ENTERPRISES, INC., (E.D.Cal. 11-3-2006) ARTURO AGUILAR, individually and on behalf of all other similarly situated, Plaintiffs, v. MELKONIAN ENTERPRISES, INC., and MARK MELKONIAN, Defendants. No. 1:05-CV-00032 OWW LJO. United States District Court, E.D. California. November 3, 2006 MEMORANDUM DECISION AND ORDER RE: MOTION FOR CONDITIONAL CERTIFICATION AND MANDATORY […]

Investors Stated Securities Fraud Claim Against Outside Auditor that Allegedly Ignored Red Flags A federal judge ruled that investors in a private securities fraud action against a failed financial services company adequately alleged the outside auditor’s scienter, its misstatements, and loss causation. The court ruled that the complaint adequately alleged the auditor’s recklessness, if not […]

Georgia Court of Appeals Reports GWINNETT CTY. BD. OF TAX ASS. v. STANDARD DIST., 263 Ga. App. 128 (2003) 587 S.E.2d 262 GWINNETT COUNTY BOARD OF TAX ASSESSORS v. STANDARD DISTRIBUTING & SUPPLY OF GEORGIA. A03A1440. Court of Appeals of Georgia. DECIDED: SEPTEMBER 10, 2003 MILLER, Judge. The Gwinnett County Board of Tax Assessors (the […]

Ohio Appellate Reports Unpublished WESTFIELD NATL. INS. v. FARMERS INS. EXC., Unpublished Decision (12-26-2006) 2006-Ohio-6849 WESTFIELD NATIONAL INSURANCE CO., PLAINTIFF-APPELLANT v. FARMERS INSURANCE EXCHANGE, DEFENDANT-APPELLEE. No. 5-06-12. Court of Appeals of Ohio, Third District, Hancock County. DATE OF JUDGMENT ENTRY: December 26, 2006. [EDITOR’S NOTE: This case is unpublished as indicated by the issuing court.] […]