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New York Law Journal

Gibson, Dunn & Crutcher Sues to Enforce $1 Million Judgment Against Ex-Client

Gibson Dunn filed an Article 75 petition seeking a judgment in support of an arbitration agreement rendered in November.
2 minute read

Legaltech News

Wash, Fine, Repeat? SEC Enters Fray of Agencies Monitoring Companies' AI Use

The SEC issued its first two official charges against companies' "AI washing" practices on March 18, which sources expect to be "only the beginning."
6 minute read

Delaware Business Court Insider

Ousted Chemours Execs Targeted in Securities Action Over Corporate Books

ernstein Litowitz Berger & Grossman and Kessler Topaz Meltzer & Check are representing the plaintiff in the case, which brings Exchange Act claims against Chemours and several executives.
3 minute read

National Law Journal

House GOP Lawmakers Introduce 13 Bills Seeking to Reform SEC

The baker's dozen would require the SEC to report to Congress on the adequacy of the agency's cost-benefit analysis on significant regulations and mandate comment periods of at least 60 days on all proposed rules.
4 minute read

Delaware Business Court Insider

Superior Court: More Overlap in Case Facts Needed for Insurer to Deny D&O Coverage

Delaware Superior Court Judge Paul R. Wallace granted a California-based biotech company's motion for partial summary judgment.
3 minute read

National Law Journal

SEC's Climate Disclosure Rule Prompts More Legal Challenges, GOP's Continuing Wrath

"Our Constitution empowers only Congress to make the law and importantly to take responsibility for the consequences," said Rep. Andy Ogles.
4 minute read

Delaware Business Court Insider

Trustee Can Continue $250M Fraud Case Against Clayton, Dubilier & Rice

A motion to dismiss filed by the private equity firm's Debevoise & Plimpton attorneys argued a liquidation trustee for a soap and hair care product distributor didn't have standing to bring fraud claims and hadn't adequately pled them in the complaint.
3 minute read

National Law Journal

SEC's Climate Disclosure Rule Ignites Debate, Litigation Over Agency's Authority

Supporters cite the SEC's string of disclosure requirements for public companies, while opponents say none of those other mandates addresses environmental oversight.
5 minute read

National Law Journal

Facebook, NVIDIA Take Stock-Drop Appeals to Supreme Court

Both cases involve the plaintiffs' heightened pleading requirements that resulted from the 1995 Private Securities Litigation Reform Act.
4 minute read

New York Law Journal

Securities Litigation Cases Continued to Decline Nationally in 2023, Report Finds

New York's Southern District continued to be the leading destination for cases, with Delaware second. The Brooklyn-based Eastern District was third and the Northern District of California fourth, the study said.
4 minute read

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