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Southern District Of New York Dismisses With Prejudice Claims Against Pharmaceutical Company Alleging Material Misstatements And Omissions In A Proxy Statement - Professional Negligence

On December 28, 2023, Judge Jed S. Rakoff of the United States District Court for the Southern District of New York dismissed a putative class action alleging that a biopharmaceutical company. ....

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Supreme Court Set To Resolve Circuit Split Concerning Foreign Arbitration Discovery Rules | Sheppard Mullin Richter & Hampton LLP

On December 10, 2021, the U.S. Supreme Court granted certiorari in two cases to determine whether district courts can compel discovery proceedings in private foreign arbitrations. The. ....

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SCOTUS to Rule on Foreign Arbitration Discovery Rule Circuit Split

SCOTUS granted certiorari in two cases to determine if district courts can compel discovery proceedings in private foreign arbitrations. ZF Automotive US, et al. v. Luxshare, Ltd., and AlixPartners et al. v. The Fund for Protection of Investors’ Rights in Foreign States. ....

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Second Circuit Doubles Down on Expansive Application of Federal Fraud Statutes | Patterson Belknap Webb & Tyler LLP

In United States v. Percoco, the Second Circuit (Raggi, Chin, Sullivan) the Second Circuit affirmed the convictions of several defendants involved in the so-called “Buffalo Billion”. ....

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Federal judge denies Ghislaine Maxwell's argument that she should be freed like Cosby

A Manhattan federal judge rejected Ghislaine Maxwell s argument to drop the sex trafficking charges against her in the wake of Bill Cosby s overturned conviction. ....

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