Seventh Circuit dismisses Clayton Act Section 8 derivative case *

USA - June 20 2012
In a recent decision, the Seventh Circuit sharply limited the ability of shareholders to bring derivative suits for possible violations of section 8 of the Clayton Act, 15 U.S.C. § 19 (2006), which prohibits interlocking directors and officers between competitors.

Co-authors: Andrew C. Finch, Aidan Synnott, Joseph J. Simons, Robert J. O'Loughlin III.

Defaulting limited partners *

USA - March 23 2009
Prolonged troubles in the economy have increased the potential for limited partner defaults in private equity funds.

Co-authors: Mitchell L. Berg, Robert M. Hirsh.