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The Onion Futures Act is a United States law banning the trading of futures contracts on onions as well as "motion picture box office receipts". [1] In 1955, two onion traders, Sam Siegel and Vincent Kosuga, cornered the onion futures market on the Chicago Mercantile Exchange. The resulting regulatory actions led to the passing of the act on ...
In the late 1950s, United States onion farmers alleged that Sam Seigel and Vincent Kosuga, Chicago Mercantile Exchange traders, were attempting to corner the market on onions. Their complaints resulted in the passage of the Onion Futures Act, which banned trading in onion futures in the United States and remains in effect as of 2024. [5]
Vincent W. Kosuga (January 17, 1915 – January 19, 2001) [1] was an American onion farmer and commodity trader best known for manipulating the onion futures market.Public outcry over his practices led to the passing of the Onion Futures Act, which banned the trading of futures contracts on onions.
Winstead PC is an American corporate law firm headquartered in Dallas, Texas.Other offices include others within Texas, New York and North Carolina. [1] As of 2023, the firm has 305 attorneys [2] who advise and provide legal services to industries such as; real estate, financial services, investment management and private funds, higher education and P3, airlines, healthcare and life sciences ...
The firm's first major case involved a lead smelter adjacent to one of the largest public housing projects in Dallas. Baron & Budd represented more than 200 families in a lawsuit that eventually closed the smelter and provided sizable damage awards for court-supervised trusts that benefited several hundred children. [ 2 ]
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The firm was named "IP Firm of the Year" in the Southern region of the United States by Benchmark Litigation magazine, March 2011. [13] McKool Smith Hennigan was ranked a 2010 'Best Law Firm in California' for Intellectual Property Law by U.S. News & World Report. On a national level, McKool Smith Hennigan was ranked for Bankruptcy and Creditor ...
Jenkens settled a number of malpractice lawsuits in 1987 for $18 million. In the 1990s, Jenkens saw intense growth and added offices outside Texas for the first time to expand from a regional into a national law firm. Opening a Chicago office with a tax attorney team from Altheimer & Gray in 1998 would become the most fateful act for the firm. [1]