Simon Johnson


Funding Irrevocable Trusts with Life Insurance

Proper estate planning may involve executing an irrevocable life insurance trust. This trust would own a life insurance policy on one or both spouses. If the need for liquid cash was higher after the death of the first spouse,…more
 /  Wills, Trusts, & Estate Planning

Fraud Created the Market Theory in Securities Fraud Litigation

A fairly new legal theory called "fraud created the market" has not been accepted by the Third Circuit. This theory attempts to get a presumption that the plaintiff reasonably relied by show that the securities at issue were…more
 /  Civil Remedies, Securities Law, Consumer Protection

Corporations Not Subject to Suit Under the Alien Tort Statute

What if businesses couldn't be sued in U.S. courts for violations of customary international law? Would they have any desire to abide by international law? Or would they make business choices that would trample the rights of…more
 /  International Law & Trade
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