April 12, 2012 | Inside Counsel
Litigation: Off-market securities likely no more domestic than their name suggestsIn Morrison v. National Australia Bank Ltd., the Supreme Court held that Section 10(b)s fraud prohibition only applies to transactions in securities listed on domestic exchanges and domestic transactions in other securities.
By Matthew Ingber
11 minute read
March 29, 2012 | Inside Counsel
Litigation: The SEC continues to play the enforcerLast year, the SEC brought more enforcement actions than ever before. This year, the agency picked up right where it left off.
By Matthew Ingber
4 minute read
March 15, 2012 | Inside Counsel
Regulatory: Financial industry may get its wish to scrap the Volcker RuleLast week a group of about 100 CEOs asked the Obama administration to slash a number of Dodd-Frank provisions expected to roll out in July.
By Matthew Ingber
6 minute read
December 15, 2011 | Inside Counsel
Litigation: The year in reviewIn keeping with the spirit of the holidays, its time to reflect on 2011 and think about ways to improve in the year to come.
By Matthew Ingber
7 minute read
December 01, 2011 | Inside Counsel
Litigation: SDNY runs the hurry-up offenseA new pilot program is officially under way in the Southern District of New York and lawyers are going to have to learn a new set of rules. The program, which only applies to complex civil cases, will use the next 18 months to determine if the changes accelerate the...
By Matthew Ingber
7 minute read
November 16, 2011 | Inside Counsel
Litigation: How the 2nd Circuit opened the door to double recoveryA recent decision could wreak havoc with the finality companies hope to achieve with class settlements.
By Matthew Ingber
9 minute read
October 27, 2011 | Inside Counsel
Litigation: Is FINRA still fine?On Oct. 5, 2011, the 2ndCircuit held in Fiero Brothers v. FINRAthat the Financial Industry Regulatory Authority (FINRA) lacks the power to sue its members to collect fines it imposes in disciplinary proceedings. The decision arose from FINRAs suit against the Fiero Brothers securities firm to recover a $1,000,000 fine.
By Matthew Ingber
8 minute read
October 06, 2011 | Inside Counsel
Litigation: Lost in translationThe Supreme Court reconvenes this week to begin its 2011-2012 term. While the docket is full of well-publicized cases, the less heralded case, Taniguchi v. Kan Pacific Saipan, LTD, 633 F.3d 1218 (9th Cir. 2011) may have an untold impact on the extent to which courts can award prevailing parties...
By Matthew Ingber
9 minute read
September 22, 2011 | Inside Counsel
Litigation: Madoff and the SEC—A loss for private litigants, with a twistWhile the SEC itself may be immune from litigation, its GC and officials may not be as secure.
By Matthew Ingber
7 minute read
September 08, 2011 | Inside Counsel
Litigation: A “Stern” change in the bankruptcy landscapeSupreme Court case bars federal bankruptcy courts from entering some final judgments.
By Matthew Ingber
4 minute read
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