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State of Mind on False Statements and Application of 'Omnicare'
In her Securities Regulation column, Roberta S. Karmel discusses 'Omnicare v. Laborers District Council Construction Industry Pension Fund', in which the U.S. Supreme Court decided that an issuer may be liable for opinions set forth in a registration statement if the issuer did not genuinely hold the stated opinion, or if the issuer failed to disclose material facts relating to the foundation for the opinion, and the application of 'Omnicare' to recent and pending cases.State of Mind on False Statements and Application of 'Omnicare'
In her Securities Regulation column, Roberta S. Karmel discusses 'Omnicare v. Laborers District Council Construction Industry Pension Fund', in which the U.S. Supreme Court decided that an issuer may be liable for opinions set forth in a registration statement if the issuer did not genuinely hold the stated opinion, or if the issuer failed to disclose material facts relating to the foundation for the opinion, and the application of 'Omnicare' to recent and pending cases.Team Guides $260M Credit Deal for Sheltair
Damaso Saavedra, Allyson Goodwin, James Govin and Paula Buzzi represented Sheltair Aviation in obtaining a $60 million revolving line of credit and refinancing a $200 million senior credit facility.Facing Tsunami of Cases, Federal Circuit Gives PTAB Wide Berth
Panels showed a great deal of deference in 13 appeals this past week from the Patent Trial and Appeal Board.Facing Tsunami of Cases, Federal Circuit Gives PTAB Wide Berth
Panels showed a great deal of deference in 13 appeals this past week from the Patent Trial and Appeal Board.Effects of New Standards for Company Plan Fiduciaries
Barry Temkin and Kate DiGeronimo write: In a 2014 decision, the U.S. Supreme Court held that fiduciaries of plans that hold publicly traded company stock are subject to the same duty of prudence that applies to fiduciaries in general under ERISA. In doing so, the Supreme Court effectively rejected decades of law applied by nearly all the circuit courts of appeals affording fiduciaries of company stock plans a special "presumption of prudence" not available to the fiduciaries of other varieties of ERISA plans.Owner Claims Forged Affidavit Filed for Her in Foreclosure Case
A judge is being asked to consider a foreclosure defense attorney's request to withdraw from a case where the firm is accused of filing a forged affidavit. The noteholder's attorney wants sanctions.Mergers Shake Up List of Largest D.C. Law Offices
Covington & Burling, at the top of The National Law Journal's list of Washington's largest firms for the second consecutive year, added about 15 total lawyers last year in a time when elite firms, especially ones that focus on litigation, find the most ability to expand in Washington.Mergers Shake Up List of Largest D.C. Law Offices
Covington & Burling, at the top of The National Law Journal's list of Washington's largest firms for the second consecutive year, added about 15 total lawyers last year in a time when elite firms, especially ones that focus on litigation, find the most ability to expand in Washington.Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
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State AI Legislation Is on the Move in 2024
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2024 ESI Risk Management & Litigation Readiness Report
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