International Securities Fraud Makes Supreme Court Debut

[Margaret V. Sachs is the Robert Cotten Alston Professor of Law at the University of Georgia School of Law and an expert on securities law] The Supreme Court yesterday issued its decision in Morrison v. National Australia Bank, its first ever on the international reach of Section 10(b) and Rule 10b-5. Justice Scalia wrote for the Court, with additional...

That’s a remarkable statement, but it actually is true. Yesterday the Supreme Court in Holder v. Humanitarian Law Project addressed the question of whether a federal statute criminalizing the provision of “material support” to terrorist organizations was constitutional. A humanitarian NGO group wanted to train members of two terrorist organizations, the PKK and the LTTE, to become more...

The American Society of International Law has an active International Economic Law (IEL) Interest Group. Most notably, it holds a biennial conference geared to a common IEL theme, with the papers presented then collected and published in some form, including THE POLITICS OF INTERNATIONAL ECONOMIC LAW, Tomer Broude, Amy Porges and Marc L. Busch eds., Cambridge University Press (forthcoming 2010);...

Dapo Akande has an important post today at EJIL: Talk! that asks, as he puts it, "what exactly was agreed in Kampala on the crime of aggression?"  I think this paragraph is particularly important: The opt out provision is the most confusing aspect of the aggression amendments. Who exactly  is required to opt out? Once the requisite number of...

Secretary of State Hillary Clinton has confirmed Joan Donoghue as the choice to fill the vacancy on the ICJ left by Judge Thomas Buergenthal. She describes Donoghue as “judicious, fair, an extraordinary international legal counsel, and an excellent choice for the Court.“ Let me also pick up on a comment to my previous post, in which Peter Trooboff defends Donoghue’s independence...

The following is a guest post by Scott Paul, the Making Amends Campaign Fellow with the Campaign for Innocent Victims in Conflict.  I'm delighted to welcome Scott to OJ; in his previous life, he was was one of my favorite bloggers -- a regular contributor to The Washington Note and Bolton Watch. Mohammad was approaching a checkpoint with his brother...

Joan Donoghue, the Principal Deputy Legal Adviser in the Department of State, has been selected to be the next United States Judge for the International Court of Justice, according to reliable sources. Donoghue will replace Thomas Buergenthal, who has ably served as a judge on the ICJ since 2000. Donoghue is a career State Department lawyer chosen by...

Padania's victory was not in the football (American translation: "soccer") World Cup being played in South Africa but in the one that was just played in Gozo. You know, the Viva World Cup, the tournament among the unrecognized states of the world. The World Cup being played in South Africa is sponsored by FIFA, the Federation Internationale de Football Association, the governing body of...

Both Marko and Joanna Harrington (in comments) have relied on Article 31 of the Vienna Convention on the Law of Treaties to justify the idea that the Court will have to rely on understanding seven to interpret new Article 8bis, the idea being that the adoption of the understandings by consensus is a subsequent agreement that Article 31 makes relevant...

Marko posted the following long response to my previous post on understandings.  I'm promoting it to the main page to make sure everyone reads it. Kevin, Thanks so much for your post. Not only is this issue fascinating in its own right, there are also several fundamental, more conceptual questions here that sort of poke their head through. Let me...

Readers who have been following the Review Conference are most likely aware that the delegates adopted by consensus seven "understandings" concerning aggression in addition to a definition of the crime, the conditions of jurisdiction of the crime, and the elements of the crime.  I believe that those understandings have no actual force and should be ignored by the judges when...

According to news reports, Oklahoma voters will consider a proposed amendment to their state constitution this fall that would ban "an local courts from considering Shariah or other international law in their rulings." I have little doubt it will pass, and that (since it is an amendment to the OK Constitution) it is constitutional.  But it is really unnecessary and overbroad....