No reason is offered in the AmLaw coverage why the fraud litigation should be taken away from the American courts. One hopes the reason is not merely, "if it's big enough, we need an international court for it". "[The group of lawyers] intends to submit a proposal for the creation of an IFC at a G-20 meeting scheduled for next month in London."
"Madoff Lawyers' Alliance Pushes for International Financial Court"
Center for Legal Policy at the