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Seventy years ago, New York and New Jersey teamed up to fight corruption at the docks serving New York Harbor. Using an interstate compact, they created a waterfront commission with police power. That commission sharply reduced the influence of organized crime on both sides of the Hudson River, but
Monday’s arguments in Slack Technologies v. Pirani suggest a court leaning toward a split decision, rejecting liability under only one of the two securities-law statutes at issue in the case. Slack Technologies asks the court to apply two provisions of the Securities Act of 1933 to a relatively ne
Occasionally – not all that often, but sometimes – the Supreme Court faces a really easy case with an obvious answer. New York v New Jersey is one of those cases. Most cases that come to the court bring decent legal arguments on both sides, because most of the cases the court takes are cases in whic
To the surprise of few informed observers, Friday’s decision in Axon Enterprise v. Federal Trade Commission confirmed a new avenue for pre-enforcement challenges to the administrative proceedings of federal agencies. Traditionally, when an agency institutes an administrative proceeding, the defendan
Monday’s arguments in Slack Technologies v. Pirani present a stark contrast between text and policy arguments under the federal securities laws. Although Slack Technologies is pretty simple as securities cases go, a bit of background is useful. In response to the catastrophic stock-market declines