Page 5 - Equitable Relief News Today

Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

Summary:  This Freman opinion is a 33-page analysis of, essentially, whether or not Ms. Freman is entitled to all or partial relief from tax liability pursuant to section 6015, the...

Delaware legislature adopted amendment to Section 102 of Delaware General Corporation Law permitting corporations to implement provision to eliminate or limit personal liability of certain officers for monetary damages for breach of fiduciary duty of care

A Delaware corporation itself does not owe fiduciary duties to its stockholders and cannot be sued by its stockholders for breach.

In SEC v. Blackburn, 15 F.4th 676 (5th Cir. Oct. 12, 2021), the United States Court of Appeals for the Fifth Circuit became the first circuit to consider whether a disgorgement order for violations...

On April 30, 2021, in Hampton v. ADT, LLC, et al., the New Jersey Appellate Division vacated a September 2020 trial court order dismissing a former employee’s lawsuit and compelling him...

To print this article, all you need is to be registered or login on Mondaq.com. The Biden Administration has moved quickly to nominate new leadership at the Securities and Exchange Commission ("SEC" or "Commission"). President Biden, in a move that provides insight into his priorities and the approach his administration will pursue with regard to regulatory action, has nominated former Commodity Futures Trading Commission ("CFTC") Chairman Gary Gensler to lead the SEC. M...

[co-authors: Jennifer Matthes and Clare Reardon] On January 1, 2021, the United States Senate joined the House of Representatives in overriding President Trump’s veto, and the National Defense Authorization Act (“NDAA”) became law. The NDAA was passed chiefly to authorize appropriations for military activities of the Department of Defense. The NDAA also includes a provision codifying the U.S. Securities and Exchange Commission’s (SEC) authority to seek in federal court actions disgorge...