6 мин.
Macquarie Infrastructure v. Moab Partners (SEC Disclosure) Supreme Court Decision Syllabus (SCOTUS Podcast)
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- Государство
Macquarie Infrastructure Corporation owns a subsidiary that operates terminals to store bulk liquid commodities, including No. 6 fuel oil, which has almost 3% sulfer. The UN adopted IMO in 2016, which set in in 2020. This regulation capped the sulfur content on fuel oil used in shipping to 0.5%. Macquarie did not discuss this IMO in its public documents, but in February 2018, its stock fell 41% after announcing that it lost contracts in of its subsidiary. Moab partners sued for violating SEC ...
Macquarie Infrastructure Corporation owns a subsidiary that operates terminals to store bulk liquid commodities, including No. 6 fuel oil, which has almost 3% sulfer. The UN adopted IMO in 2016, which set in in 2020. This regulation capped the sulfur content on fuel oil used in shipping to 0.5%. Macquarie did not discuss this IMO in its public documents, but in February 2018, its stock fell 41% after announcing that it lost contracts in of its subsidiary. Moab partners sued for violating SEC ...
6 мин.