Page 132 - Second Circuit News Today

On April 12, 2024, the unanimous United States Supreme Court confirmed that the mere fact of an issuer's silence does not give rise to a private claim under Rule 10b-5(b)...

In the realm of sports merchandising, licensing is a significant revenue source for college and professional sports teams. Typically, sports teams do not directly produce sports...

ALBANY, N.Y. (Legal Newsline) - A Lebanese bank that paid $580 million for the assets of Lebanese Canadian Bank also bought New York jurisdiction over lawsuits claiming LCB financed terrorism, the state’s highest court ruled.

A U.S. Supreme Court with a conservative majority is still capable of surprising us. In Muldrow v. St. Louis, the Court lightened the burden on employment discrimination plaintiffs by...

This newsletter reports on U.S. legal matters relevant to Japanese companies. This edition covers U.S. court cases and cross-border transactions from the winter of 2023-24. Among other things...

The U.S. Supreme Court on Monday said it will not review the terms of a settlement Elon Musk entered into with the U.S. Securities and Exchange Commission six years ago, keeping intact a Second Circuit decision that upheld the terms of a deal that said the Tesla CEO must receive preauthorization before making certain social media posts about the car manufacturer.

NEW YORK (Legal Newsline) - New York Attorney General Letitia James is hoping to block the appeal of the makers of "ghost guns" after a federal judge ruled they are probably firearms and should be regulated as such.

On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L. P.,1 vacating a judgment of the U.S. Court of Appeals for the Second Circuit.

Resolving a split among the circuit courts, the U.S. Supreme Court has issued a unanimous decision in Macquarie Infrastructure Corp. v. Moab Partners limiting a private plaintiff's ability...

The United States Supreme Court in Macquarie Infrastructure Corp. v. Moab Partners, L.P., No. 22-1165, ruled that a corporation is not liable under Section 10(b) of the Securities...