Oral argument in the U.S. Supreme Court will take place next Monday on one of the most important business cases of our time — the Stoneridge Investment Partners v. Scientific-Atlanta case involving the issue of secondary liability for companies that do business with a company that commits securities fraud (previous posts here). As usual, Larry Ribstein lucidly explains the importance this case, which could have a material impact on the creation of wealth and jobs in America. This OpinionJournal editorial also does an excellent job of explaining the background of the case.
In anticipation of the oral argument, a couple of excellent webcasts of conferences are taking place this morning discussing the public policy and legal issues invovled in this important case. The Federalist Society and Case Western Reserve Law are sponsoring a conference at Case Western in Cleveland, which will include UCLA Law corporate law expert Stephen Bainbridge and Jim Copland, the director of the Center for Legal Policy at the Manhattan Institute.
Meanwhile, at 9 a.m. EDT, the American Enterprise Institute Legal Center for the Public Interest in Washington is hosting its own Stoneridge conference that will include as panelists former SEC chairman Harvey Pitt and AEI Legal Center director, Ted Frank.
If you are at all involved or interested in business law, there won’t be many better opportunites to earn CLE credit than watching one or both of these panel discussions.
Update: Point of Law.com provides this eight minute podcast of Jim Copland interviewing Richard A. Epstein on Stoneridge.
Update: The transcript of the oral argument is here and Case Western has provided this handy Stoneridge resource page providing a ton of useful information on the case.