SCOTUS: The jurisdictional test established by Security Exchange Act of 1934 § 27 is the same as 28
The Security Exchange Act of 1934 is "a law governing the secondary trading of securities (stocks, bonds, and debentures) in the United States of America. A landmark of wide-ranging legislation, the Act of '34 and related statutes form the basis of regulation of the financial markets and their participants in the United States. The 1934 Act also established the Securities and Exchange Commission (SEC), the agency primarily responsible for enforcement of United States federal
Supreme Court reaffirms that Plaintiff's Civil Rights Lawsuit must be Frivolous, Unreasonable or
The Idaho Supreme Court decided to go against the longstanding precedent set forth by the Supreme Court nearly 40 years ago. Under federal law, a court has discretion to "allow the prevailing party, other than the United States, a reasonable attorney’s fee” in a civil rights lawsuit filed under 42 U. S. C. §1983. 42 U. S. C. §1988. In Hughes v. Rowe, 449 U. S. 5 (1980) (per curiam), the Supreme Court interpreted §1988 to permit a prevailing defendant in such a suit to recover
Supreme Court Reverses 6th Circuit: Habeas Review of Capital Conviction not Deferential Enough
Although it may seem at odds with common sense, while a criminal defendant is entitled to a jury of his or her peers, those jurors must be Death Penalty Qualified (i.e. they can and are willing to impose the Death Penalty) before sitting on a capital (death penalty) case. This case is one where one particular juror, Juror 638, hemmed and hawed at the question of whether he could consider all the penalties but ultimately stated that "he was 'not absolutely certain whether [he]
Woman's Suit Barred: Not Based Upon Commercial Activity Carried on in USA by Foreign State
"This case concerns the scope of the commercial activity exception [of the Foreign Sovereign Immunities Act], which withdraws sovereign immunity in any case 'in which the action is based upon a commercial activity carried on in the United States by [a] foreign state.' ” Pp. 1 (citing 28 U. S. C. §1605(a)(2)). "OBB Personenverkehr AG (OBB) operates a railway that carries nearly 235 million passengers each year on routes within Austria and to and from points beyond Austria’s fr
