Toshiba Asks High Court To Cure Circuit Split Over Morrison Interpretation

(November 14, 2018, 12:48 PM EST) -- WASHINGTON, D.C. — U.S. Supreme Court review of a Ninth Circuit U.S. Court of Appeals ruling pertaining to the international regulation of securities transactions is warranted because the decision has created a split among the circuits as to the proper application of the Supreme Court’s opinion in Morrison v. National Australia Bank Ltd., Toshiba Corp. argues in an Oct. 15 petition for writ of certiorari filed in the Supreme Court (Toshiba Corp. v. Automotive Industries Pension Trust Fund, et al., No. 18-486, U.S. Sup., 2018 U.S. S. Ct. Briefs LEXIS 3767)....