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Supreme Court Confirms 'Pure Omissions' Cannot Support Securities Fraud Liability
In a significant decision regarding the scope of the federal securities laws' anti-fraud provisions, the U.S. Supreme Court held that "pure omissions" are inactionable under Section 10(b) of the Securities Exchange Act and its enabling rule, SEC Rule 10b-5.Baker McKenzie Lifts Bulk of Munger Tolles Corporate Department in 'Transformational Hire'
Nine partners, and a total of 17 attorneys, are making the move, helping Baker McKenzie meet a goal of becoming full service in Los Angeles. Munger Tolles—with just three transactional lawyers left, none of them partners—is sharpening its focus on complex litigation and crisis management.Matter of Walt Disney Company v. Tax Appeals Tribunal
Court Dismisses Equal Protection Claim for Failure to Show Discriminatory Intent
Court confirms validity of will and rejects caveators' claims of testator's lack of testamentary capacity and undue influence by named beneficiary
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Defendants moved to dismiss and for judgment on the pleadings in plaintiff TD Bank, N.A.'s lawsuit against Continental Insurance Company of New Jersey and several other national insurance companies, alleging breach of contract and bad faith due to defendants' denial of insurance coverage for losses related to a series of lawsuits involving plaintiff and its predecessor, Commerce Bancorp.
Respondents Found in Contempt, Failed to Fix Heating and Water in Building
Motion List & Order on Application released on:April 22, 2024
Deal Watch: Skadden, Sidley, Slaughter and S&C Lead Big Paper Deal, While Private Funds Grow Massive
The growth of private debt and equity funds is fueling support for their corporate practices, evident in the Am Law 100 financial results.Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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The Ultimate Guide to Remote Legal Work
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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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