Delaware Business Court Insider | News
By Tom McParland | Delaware Business Court Insider | October 16, 2017
A Delaware Court of Chancery judge on Oct. 13 criticized Abrams & Bayliss attorneys for pulling an about-face in a corporate dispute over the composition of the Roma Restaurant Holdings board.
By R. Robin McDonald | October 12, 2017
The SEC's Southeast regional director is stepping down but will remain at his post until his successor is selected.
By Colby Hamilton | Litigation Daily | October 7, 2017
Representing Lehman Brothers and its creditors committee, Quinn Emanuel Urquhart & Sullivan partner Andrew Rossman led a team in securing a $1.74 billion settlement from Citigroup.
By R. Robin McDonald | October 5, 2017
The Securities and Exchange Commission on Thursday sued Roswell attorney Marc A. Celello, accusing him of knowingly participating in a massive Ponzi scheme while serving as general counsel for multiple limited liability corporations owned and operated by James Torchia, long a target of the SEC.
By B. Colby Hamilton | September 29, 2017
Three brokers with the financial firm Alexander Capital are accused by the U.S. Securities and Exchange Commission of making bad recommendations to clients that led to losses for customers but large commissions for the brokers.
By B. Colby Hamilton | September 29, 2017
Deutsche Bank has agreed to a preliminary settlement of $190 million in a class action suit over foreign exchange rate price fixing allegations against some of the world's biggest financial institutions.
By Cogan Schneier | September 29, 2017
The U.S. Court of Appeals for the D.C. Circuit upheld the SEC's finding that a broker violated securities laws, but remanded the case to the agency for reconsideration of the penalties.
By Jenna Greene | September 29, 2017
When Randy Mastro met Lynn Tilton, the "Diva of Distressed" was facing the biggest SEC administrative case of all time--and her trial date was six weeks away. Mastro and his team from Gibson, Dunn & Crutcher defied the odds to win complete vindication.
By Colby Hamilton | New York Law Journal | September 28, 2017
U.S. District Judge William Pauley III of the Southern District of New York winnowed down claims Wednesday against U.S. Bank and Bank of America in…
By B. Colby Hamilton | September 28, 2017
In a 151-page decision issued Thursday, the Second Circuit upheld a nearly $1 billion judgment against issuers of housing crisis-era securities sold to federal mortgage entities Freddie Mac and Fannie Mae.
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