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Securities Litigation Alert: Second Circuit Adopts Restrictive View of Purchaser-Seller Rule, Limiting Section 10(b) Standing to Transactions in Securities of Company "About Which" Alleged Misstatements Were Made | Cadwalader, Wickersham & Taft LLP

Looking back, 2022 was light on groundbreaking appellate-level securities decisions.  The U.S. Court of Appeals for the Second Circuit, however, closed out the year with a notable...
New York United States Naomi Reice Buchwald Williamj Nardini Nortel Networks Corp Wickersham Taft

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Appeals court upholds guilty verdicts in NCAA bribes case

NEW YORK — The convictions of a sports business manager and an amateur basketball coach in a conspiracy to bribe top college coaches to get them to steer NBA-bound athletes to favored handlers were upheld Friday by an appeals court. The ruling by the 2nd U.S. Circuit Court of Appeals in Manhattan affirmed the 2019 convictions of Christian Dawkins and youth basketball coach Merl Code on a single conspiracy count. Dawkins was also convicted of bribery. They were acquitted of some other charges...
United States North Carolina South Carolina Christian Dawkins Williamj Nardini Notre Dame

Amid Pandemic Unknowns, War Over New York Evictions Still Burns Hot

(Barbara Leonard photo/Courthouse News) MANHATTAN (CN) — New York is getting on its feet again after a long year battling Covid-19, but federal appeals court judges dug in Wednesday to landlords’ claims of continuing hardships stemming first from an eviction moratorium and now a state law that lets tenants pay rent with their security deposits. The landlords are fighting the law now as they appeal for an injunction against the moratorium that the District Court denied them. For the state, ...
New York United States Belinda Fang Marka Guterman Denny Chin Williamj Nardini

2nd Circ. Eyes Resentencing After Talk Of Boxer's Nationality

ADVERTISEMENT ADVERTISEMENT 2nd Circ. Eyes Resentencing After Talk Of Boxers Nationality Law360, New York (April 8, 2021, 6:00 PM EDT) -- The Second Circuit appeared likely Thursday to order resentencing for a noted boxer convicted of scheming with a Russian crime boss, because of statements the sentencing judge made about the boxers national origin that appear to run afoul of controlling law. During virtual arguments, Circuit Judges Richard C. Wesley, Susan L. Carney and William J. Nardini su...
United States Richardc Wesley Katherineb Forrest Susanl Carney Williamj Nardini Avtandil Khurtsidze
Source: law360.com

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