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July 31, 2023 | National Law Journal

SEC's Cases Against Dealers Could Lead to the Supreme Court, Securities Lawyers Say

"I wouldn't be surprised if there were some challenges that argued that the SEC had stretched the meaning of the term dealer too far in this particular case," said attorney Mark Perlow.
6 minute read
CCSB Fin. Corp. v. Totta
Publication Date: 2023-07-31
Practice Area: Corporate Governance
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Seitz
Attorneys:
For plaintiff: Kevin J. Connors, Aaron E. Moore, Marshall Dennehey Warner Coleman & Goggin, Wilmington, DE; Michael H. McGinley, Rick S. Horvath, Stuart T. Steinberg, Dechert LLP, Philadelphia, PA; Brett A. Scher, Patrick M. Kennell, Kaufman Dolowich & Voluck, LLP, New York, NY for appellant.
For defendant: Kevin H. Davenport, Eric J. Juray, John G. Day, Prickett, Jones & Elliott, P.A., Wilmington, DE for appellees.
Case number: 2021-0173

Chancery court correctly disregarded corporate charter provision deeming board action "conclusive and binding" where the provision had the effect of exculpating directors from liability for breaching their duty of loyalty to the corporation.

July 26, 2023 | Corporate Counsel

'Patently Unreasonable': Twitter Blasts Vijaya Gadde's $1.1M Legal-Fee-Reimbursement Request

Twitter rapped its former legal chief for enlisting eight Sidley Austin professionals—five partners, two associates and a policy adviser—in connection with her one-day appearance before a House committee. "This is not a case of mere duplication of effort," its filing said. "This is a case of quadruplication of effort."
6 minute read
July 21, 2023 | The Legal Intelligencer

People in the News—July 21, 2023—McNees

Two McNees Wallace & Nurick attorneys have accepted community leadership positions.
3 minute read
Abbo-Bailey v. City of Niagara Falls
Publication Date: 2023-07-21
Practice Area: Civil Procedure | Toxic Torts
Industry:
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Denny Chin
Attorneys:
For plaintiff: For Plaintiffs-Appellees: Peter A. Kraus, Leslie C. MacLean, on the brief, Charles S. Siegel, Waters & Kraus, LLP, Dallas, TX, and Christen E. Civiletto, East Amherst, NY, and Melissa L. Stewart, Steven J. Phillips, Phillips & Paolicelli, LLP, New York, NY, and Paul Barr, Fanizzi & Barr, Niagara Falls, NY.
For defendant: For Defendants-Appellants Occidental Chemical Corporation, Glenn Springs Holdings, Inc., and Miller Springs Remediation Management, Inc.: Sheila L. Birnbaum, Lincoln Davis Wilson, on the brief, Douglas E. Fleming III, Dechert LLP, New York, NY, and Kevin M. Hogan, Andrew P. Devine, Joshua Glasgow, and Elizabeth Bove, Phillips Lytle LLP, Buffalo, NY. For Defendant-Appellant Cecos International, Inc.: Zackary D. Knaub, Greenberg Traurig, LLP, Albany, NY, and William G. Beck, Lathrop GPM, Kansas City, MO. For Defendant-Appellant OP-Tech Environmental Services: Jeffrey D. Schulman, Pillinger Miller Tarallo LLP, Syracuse, NY. For Defendant-Appellant Roy's Plumbing, Inc.: Robert E. Knoer, Alice J. Cunningham, The Knoer Group, PLLC, Buffalo, NY. For Defendant-Appellant City of Niagara Falls: Mark P. Della Posta, Walsh, Roberts & Grace LLP, Buffalo, NY. For Defendant-Appellant Niagara Falls Water Board: Jeffrey F. Baase, Corey J. Weber, Rupp Baase Pfalzgraf Cunningham LLC, Buffalo, NY. For Defendant-Appellant Conestoga-Rovers & Associates: Jeffrey C. Stravino, Hodgson Russ LLP, Buffalo, NY. For Defendant-Appellant Sevenson Environmental Services, Inc.: Agnieszka Wilewicz, Patricia A. Rauh, Hurwitz & Fine, P.C., Buffalo, NY. For Defendant-Appellant Scott Lawn Yard, Inc.: Brian Sutter, Sugarman Law Firm, LLP, Buffalo, NY. For Amicus Curiae Washington Legal Foundation, in support of Defendants-Appellants: John M. Masslon II, Cory L. Andrews, Washington Legal Foundation, Washington, DC.
Case number: 21-0249-cv

Love Canal Superfund Actions Untimely, Remanded to State Court

July 20, 2023 | Litigation Daily

After Steep Pro Bono Hours Falloff in 2021, a Steady 2022

In what our friends at The American Lawyer called a "post-pandemic reset," average hours were flat in the latest Pro Bono Scorecard, after an earlier, precipitous drop from the time when lawyers filled their pandemic-stalled dockets with pro bono work.
5 minute read
July 19, 2023 | The American Lawyer

American Lawyer Industry Awards and Litigation Departments of the Year Finalists Announced

Finalists are named across categories including Best Firm of the Year, Managing Partner of the Year, Business Team of the Year, Young Lawyers of the Year and much more.
5 minute read
July 17, 2023 | The American Lawyer

Deal Watch: Weil, Wilkinson, Sidley, Skadden Help Microsoft/Activision Merger Push Forward

Some believe that the FTC's latest setback is a good sign for M&A, especially tech M&A.
8 minute read
July 12, 2023 | The American Lawyer

Dechert Private Equity Duo Departs for Milbank

Derek Winokur, formerly a co-head of Dechert's private equity practice, and tax attorney Edward Lemanowicz are joining Milbank in New York.
4 minute read
July 11, 2023 | The American Lawyer

Firms Are Beefing Up Pro Bono Teams With Specialists

More Big Law firms are hiring lawyers to focus on specific areas of pro bono work, a move that makes the firms' priorities clear and offers a roadmap for growing other social programs.
6 minute read

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