Margaret Sachs' scholarship referenced in U.S. Supreme Court oral argument


An article written by Margaret V. Sachs, the holder of the Alston Chair in Corporate Law, was referenced several times during the oral argument before the U.S. Supreme Court in Morrison v. National Australia Bank. Justice Breyer asked each attorney to respond to the argument she made in an article entitled The International Reach of Rule 10b-5: The Myth of Congressional Silence, 28 Columbia Journal of Transnational Law 677 (1990). Challenging the conventional view on the extraterritorial reach of the antifraud provisions, she argued that "Congress ... chose to protect only those investors whose trades occurred inside the United States ... regardless of whether the securities traded are domestic or foreign."

U.S. Supreme Court transcript for Robert Morrison v. National Australia Bank

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