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Case Law Update Winter 2009. By Catherine E. Vance, Development Specialists, Inc.
1/29/2009
Power of Attorney Insufficient to Confer Standing.   Investment advisor that had discretionary authority to make decisions for its clients and power of attorney to bring lawsuits on behalf of clients did not have constitutional standing to bring securities litigation for damage suffered by clients. Unlike assignment of claim, power of attorney did not transfer title or ownership of claim. Advisor, therefore, had no “injury in fact,” which is constitutional prerequisite to filing suit in federal court. W.R. Huff Asset Mgmt. Co., LLC v. Deloitte & Touche, LLP, 549 F.3d 100 (2d Cir. 2008). 

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TACR Spotlight

2010 Golf Outing Report

The TACR Board and the Golf Committee wish to thank all of our sponsors and golfers who helped make our 2010 outing at Stonelick Hills a great success. We owe particular thanks to our title sponsor, Great American Group. Great American's support enables TACR to provide you with the programs we bring the members all year long. Sponsorship revenue was at a record or near record level and we had our usual great turnout from the golfers.

Events Calendar


Educational Luncheon
10/06/2010
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Educational Luncheon
11/09/2010
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