By Tony Mauro | June 18, 2018
U.S. Solicitor General Noel Francisco also urged the justices to grant review in the Apple antitrust case, which will be argued this fall. “The importance of the question presented will only grow as commerce continues to move online,” he wrote. The Apple dispute was one of five case the justices added to their argument docket for the 2018-2019 term.
By Amanda Bronstad | June 15, 2018
Labaton Sucharow has moved for a federal judge reviewing its billing records to recuse himself from a securities class action settlement, citing a “serious conflict” raised by statements from the judge, which the firm said implied that the New York law firm was engaged in public corruption.
By Emily Zulz | June 15, 2018
Securities regulators charge elderly victims were preyed upon by a couple that used investor funds for gambling and luxuries.
By Ben Hancock | June 14, 2018
SEC Division of Corporate Finance Director William Hinman's remarks at the Yahoo Finance All Markets Summit offered some of the clearance indication to date of how the regulator analyzes initial coin offerings.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Michael J. Custer | June 14, 2018
Although broad, the Bankruptcy Code's discharge provisions for individual debtors are not without limits.
Delaware Business Court Insider | Commentary
By Jennifer H. Rearden, Jefferson E. Bell and Michael Marron | June 13, 2018
In Steinberg v. Bearden, the Delaware Chancery Court considered whether the Aronson or Rales test for demand futility should apply to a derivative claim for breach of fiduciary duty against directors who allegedly made false and misleading statements.
By Andrew Denney | June 12, 2018
The New York Court of Appeals has pared down claims brought by the state Attorney General's Office in its $11 billion suit against Credit Suisse, which it accused of misleading investors about the risks of purchasing residential mortgage-backed securities in the lead up to the 2008 financial crisis.
New York Law Journal | Expert Opinion
By Margaret A. Dale and Mark D. Harris | June 12, 2018
In our October 2017 column, we wrote about some of the Securities and Exchange Commission's new cybersecurity initiatives, including the creation of a new Cyber Unit within the SEC's Enforcement Division.
The Legal Intelligencer | Commentary
By Devin Misour | June 12, 2018
Having lost in the trial court, counsel's focus must turn to the appeal, and more importantly, the strategy on what issues to raise.
By Tom McParland | June 11, 2018
A Tesla Inc. investor has sued over Elon Musk's $2.6 billion-valued pay package in the Delaware Court of Chancery, calling the stock option a "massive, unfair and unprecedented" gift that would make the car manufacturer's CEO one of the richest public-company executives in the world.
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