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Reviewing Article 8’S Revised Collusion Standard, Francis J. Facciolo
Reviewing Article 8’S Revised Collusion Standard, Francis J. Facciolo
Faculty Publications
(Excerpt)
The first published case to deal with the new collusion standard in revised Article 8 has been decided by Judge Bransten in Supreme Court, New York County. As New York City is the center of the securities industry, it is not surprising that the first published case to deal with collusion was decided here. The result reached by Judge Bransten, however, is surprising in the liberality with which collusion was construed.