Joel C Haims Jamie A Levitt

Joel C Haims Jamie A Levitt

February 23, 2015 | New York Law Journal

Corporation Must Advance Defense Costs Despite Guilty Plea

Joel C. Haims, Jamie A. Levitt and James J. Beha II analyze a recent decision in which the Delaware Chancery Court required a corporation to advance a former director's costs of defending against an SEC insider trading lawsuit, despite the director's guilty plea in a related criminal case.

By Joel C. Haims, Jamie A. Levitt and James J. Beha II

11 minute read

February 22, 2015 | New York Law Journal

Corporation Must Advance Defense Costs Despite Guilty Plea

Joel C. Haims, Jamie A. Levitt and James J. Beha II analyze a recent decision in which the Delaware Chancery Court required a corporation to advance a former director's costs of defending against an SEC insider trading lawsuit, despite the director's guilty plea in a related criminal case.

By Joel C. Haims, Jamie A. Levitt and James J. Beha II

11 minute read

December 11, 2014 | New York Law Journal

Going-Private Transactions and Business Judgment Rule

Joel C. Haims, Jamie A. Levitt and James J. Beha II write: As a result of the more stringent review applied to interested-party transactions, going-private transactions and other controlling shareholder mergers usually have been subject to burdensome and expensive court challenges irrespective of their terms. Delaware courts sought to address this problem last year, and New York is now following their lead.

By Joel C. Haims, Jamie A. Levitt and James J. Beha II

11 minute read

September 05, 2014 | New York Law Journal

Differing U.S. and Chinese Financial Disclosures Enough to Plead Fraud?

Joel C. Haims, Jamie A. Levitt and James J. Beha II, of Morrison & Foerster, discuss securities fraud litigation based on alleged discrepancies between U.S. and Chinese regulatory filings.

By Joel C. Haims, Jamie A. Levitt and James J. Beha II

11 minute read

May 23, 2014 | New York Law Journal

Second Circuit Applies 'Morrison' to Reject 'Listing Theory'

Joel C. Haims, Jamie A. Levitt, and James J. Beha II analyze a recent decision that confirms that foreign issuers do not subject themselves to liability under U.S. securities laws for transactions on a foreign exchange by virtue of cross-listing their securities on U.S. exchanges.

By Joel C. Haims, Jamie A. Levitt, and James J. Beha II

7 minute read