HBO'S VEEP IS BACK! And President Selina Meyer, facing an electoral college tie, gets a reprieve: Nevada is now up for grabs. So, like Al Gore, all eyes are on the arcane laws of one state to decide the leader of the free world. Is this any way to elect a President? Read on.....
The question presented is: "Does the personal benefit to the insider that is necessary to establish insider trading under Dirks v. SEC. . . require proof of [']an exchange that is objective, consequential, and represents at least a potential gain of a pecuniary or
similarly valuable nature['], as the Second Circuit held in United States v. Newman . . . , or is it enough that the insider and the tippee shared a close family relationship, as the Ninth Circuit held in [Salman]?"
The U.S. Bankruptcy Court for the District of Delaware (“Delaware Bankruptcy Court”) has repeatedly noted its intolerance of insufficiently pleaded preference action complaints. Further, though the Court has repeatedly warned Trustees that the Court requires sufficiency of pleading in litigation commenced in its jurisdiction, the Court recently had to crack down on yet another deficient complaint.