Solicitor General Says the Second Circuit ‘Erred’ in Tribune Safe Harbor Decision
Despite several errors about the safe harbor, the government recommends that the Supreme Court deny certiorari in Tribune.
Court:
Cross-Border Rescue and Failure: Temas Candentes (Hot Topics)
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Safe Harbor Bars Foreign Liquidators from Recovering Money Stolen in the U.S.
Another opinion shows that Congress wrote Section 546(e) in a manner that goes far beyond protecting the securities markets in the U.S.