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Statutes of Limitations Under the Newly Passed Sarbanes-Oxley Act
A provision of the newly passed Sarbanes-Oxley Act of 2002 provides a longer statute of limitations for certain claims under the federal securities laws. While the plaintiffs' bar has lobbied for more than 10 years for this provision, it is inconsistent with express statutes of limitation already contained in the federal securities laws and is likely to create significant interpretational difficulties for courts.Clock Ticks On: No 'American Pipe' Tolling of Statutes of Repose
In their Southern District Civil Practice Roundup, Edward M. Spiro and Judith L. Mogul, principals of Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer, review two recent decisions that have put the federal securities laws on a collision course with the basic principles of economy and efficiency animating Federal Rule of Civil Procedure 23 governing class actions.For 'Badges of Fraud,' Lawyer Is Denied a Bankruptcy Discharge
A lawyer will not be allowed to clear his debts in bankruptcy because he filed false statements in court, tried to hide his equity interest in a firm and failed to keep records of loans from relatives and clients.40 Under 40: William F. O'Connor Jr.
40 Under 40: William F. O'Connor Jr.Former Clerks Hold Public Rally to Back Alito
An unusual D.C. press conference held on Nov. 9 by 22 former Samuel Alito Jr. clerks including several self-described liberals sang his praises and offered details about how he operates as a judge on the U.S. Court of Appeals for the 3rd Circuit.Third-Party Claim Payers Can Be Sued Under ERISA
Ruling on a question that has divided trial courts in the Third Circuit, a federal judge in Newark held Tuesday that companies that manage health insurers' reimbursements can be sued under ERISA for underpaying claims.Trending Stories
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