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Tag Archives: U.S. District Court – Eastern District

Financial Services Firm Hit for ‘Successor Liability’ (access required)

A financial services company, WS Wealth, was a successor to Bluemont, a financial services company that filed for bankruptcy protection in the wake of an arbitration award in favor of plaintiff Charles Schwab & Company, under the “de facto merger” ...

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Choice-of-Law Clause Covers Contract & Tort (access required)

In plaintiff medical diagnostics company’s suit against a Virginia company that manages intellectual property and monitors and renews clients’ patents registered in foreign countries, the Alexandria U.S. District Court says the parties’ choice-of law provision applies Virginia law to plaintiff’s ...

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Brokerage Customers Must Arbitrate Claims (access required)

Although plaintiffs contend their signatures on a brokerage account ap­plication were forged, their reliance on and receipt of benefits from their con­tract for the account estops them from repudiating the contract’s arbitration clause, which is enforceable despite vio­lation of FINRA ...

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