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November 15, 2023 | Corporate Counsel

Lawyer Who's Persevered for 17 Years at Fannie Mae Rewarded With GC Post

Danielle McCoy is taking the legal reins of the mortgage-financing giant, which has 8,000 employees and assets of $4.3 trillion. He succeeds Terry Theologides, who became chief administrative officer.
2 minute read
November 15, 2023 | New York Law Journal

The Supreme Court Considers Item 303

On Sept. 29, 2023, the U.S. Supreme Court granted certiorari in 'Macquaire Infrastructure v. Moab Partners' to consider whether the failure to make disclosures required under Item 303 of the SEC's Regulation S-K can support an action for securities fraud under Rule 10b-5.
9 minute read
November 08, 2023 | New Jersey Law Journal

On the Move and After Hours: Faegre Drinker; Post Polak; Riker Danzig; Jones Jones; Keating Law Firm

Faegre Drinker adds a partner; Riker Danzig welcomes a new counsel; and more moves.
6 minute read
November 07, 2023 | New York Law Journal

Discovery Stay Under Federal Securities Litigation Statute Applies in State Court as Well: First Dept.

The New York appeals court decision takes a different tack from a recent decision out of California.
3 minute read
November 07, 2023 | The American Lawyer

Deal Watch: Big Week for M&A, But Big Law Dealmakers Say It May Not Last

"The more significant challenge that leveraged M&A is facing is the breadth of available financing," noted Ethan Klingsberg at Freshfields.
8 minute read
October 27, 2023 | Law.com

How I Made It to Law Firm Leadership: 'Perceived Failure Is Just an Opportunity To Learn,' Says Mindy Yang of Proskauer

"Walk toward a challenge and find others with whom to lock arms and tackle things together."
10 minute read
October 26, 2023 | Law.com

Why Big Law's Outsourcing Associate Training: The Morning Minute

The news and analysis you need to start your day.
4 minute read
October 24, 2023 | The American Lawyer

Deal Watch: Paul Weiss, Wachtell Lead $53B Energy Deal. How Many More Can We Expect?

"There may not be many mega-deals left, but we are likely to continue seeing consolidation in the industry," observed Luis Gomar, partner at Paul Hastings.
8 minute read
October 20, 2023 | New York Law Journal

See Who Passed the July 2023 New York Bar Exam

Of the 9,779 candidates who took the most recent bar exam, 6,481 passed for an overall passing rate of 66%.
92 minute read
October 18, 2023 | New York Law Journal

U.S. Supreme Court To Decide Whether Shareholders Can Sue for Alleged Failures to Comply With Item 303's Disclosure Requirements

The U.S. Supreme Court is set to decide whether shareholders can sue for alleged failures to comply with Item 303's disclosure requirements. In 'Macquarie Infrastructure Corp. v. Moab Partners, L.P,' the court will decide whether private plaintiffs can import Item 303's broad, subjective disclosure requirements into a Rule 10b-5 private securities fraud claim. The court's resolution of this issue could have a significant effect on the scope of public companies' potential liability for alleged securities fraud.
13 minute read

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