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March 21, 2024 | Law.com

8 US Firms to Battle Out Didi Global Securities Class Action

Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read
March 20, 2024 | Daily Business Review

Eleventh Circuit Clarifies Receiver's Power

"When the perpetrators are removed and a receiver is appointed in their place, the corporate structures are no longer the 'evil zombies' of the perpetrator; they are '[f]reed from his spell' and regain standing to sue for the return of money fraudulently transferred," the U.S. Eleventh Circuit held.
5 minute read
March 20, 2024 | National Law Journal

Eleventh Circuit Clarifies Receiver's Power Following Ponzi Scheme

"When the perpetrators are removed and a receiver is appointed in their place, the corporate structures are no longer the 'evil zombies' of the perpetrator; they are '[f]reed from his spell' and regain standing to sue for the return of money fraudulently transferred," the appeals court held.
5 minute read
March 18, 2024 | The American Lawyer

Deal Watch: Big Energy and Pharma Deals Continue to Drive M&A

Five of the six announced deals over $1 billion in the last week occurred in either the life sciences or energy sector.
10 minute read
March 14, 2024 | Corporate Counsel

Michael Lynch Was a Titan of British Tech. Then He Got Crosswise With HP

Lynch was CEO of the software firm Autonomy when HP bought it for $11 billion, a deal that's gone down as one of the biggest flops in M&A history. Prosecutors allege he duped the Silicon Valley giant into overpaying by inflating Autonomy's financial performance at a time the company was tanking.
8 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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March 07, 2024 | New York Law Journal

Securities Litigation Cases Continued to Decline Nationally in 2023, Report Finds

New York's Southern District continued to be the leading destination for cases, with Delaware second. The Brooklyn-based Eastern District was third and the Northern District of California fourth, the study said.
4 minute read
March 06, 2024 | New York Law Journal

SEC 'Neither-Understands/Nor-Cares' About Realities of Settlement Gag Rule

This article examines the SEC's no-admit/no-deny rule through the lens of the SEC's recent denial of a request to modify the rule filed by an external advocacy organization and concludes that the SEC should have given more consideration to amending the rule.
16 minute read
March 04, 2024 | The American Lawyer

Deal Watch: Davis Polk, Latham and Simpson Land on Rising Debt Deal Work

The number of announced debt offerings hit an all-time high for the Deal Watch column in the last week, with no fewer than 20.
11 minute read
March 01, 2024 | New York Law Journal

Data Privacy and Data Minimization in the US: Managing Data Risk in the Real World

As U.S. regulators begin to enforce the concept of data minimization for the protection of personal information, the age of unfettered data retention is coming to an end. Various states have enacted or will be enacting privacy laws that give consumers more control over the use of their data by businesses.
9 minute read
February 22, 2024 | The Recorder

An M&A Lawyer's Insight Into Earth's Challenges From Outer Space

The business of space tourism is on the rise, and plans for expanding this novel form of escape are underway.
4 minute read

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