BUS 340 Lecture Notes - Lecture 4: Insider Trading, Res Judicata, Garnishment
22 May 2020
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Motion for judgement notwithstanding the verdict filed by losing party - basically asking for jury"s decision to be overturned. Motion for new trial - saying judge messed up. Reasoning - can be short if there"s a lot of precedent. Final rule - law that results from that case. The record - record of what happened during trial. Written briefs - filed by each party, Losing party first - pointing out errors in trial. Appeals court judge look at official record, take them as facts. Basically double check judge made right decision. If the disagree with judge"s decision and would have affected outcome - reverse it, send it back down for judge to fix. Beg sc to take case in fed court. Ginsburg did some insider trading, sued, but evidence was deemed insufficient. Judge granted motion notwithstanding verdict, reversed the case. Can only reverse verdict when defendant has absolutely no evidence.
