[Anthony J. Colangelo is an Assistant Professor of Law at SMU Dedman School of Law] I suspect the
extraterritoriality issue has taken on renewed significance after the Supreme Court’s decision in Morrison v. Nat’l Aust. Bank, which, as many readers know, addressed the
extraterritorial reach of the Securities Exchange Act. According to the Court in Morrison, “When a statute gives no clear indication of an
extraterritorial application, it has none.” The question now is whether this reinvigorated presumption applies to the ATS. In a recent article in the Virginia Law...