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Paul, Weiss, Rifkind, Wharton & Garrison LLP


Delaware Court of Chancery Applies Business Judgment Rule to Going-Private Transaction based on 'M&F Worldwide'

USA - October 13 2016 In In re Books-A-Million, Inc. Stockholders Litigation, the Delaware Court of Chancery dismissed the fiduciary duty claims of former minority

M&A at a Glance (October 2016)

USA - October 14 2016 M&A activity in September 2016 rebounded across most metrics as compared to August 2016, both in the U.S. and globally. In the U.S., total deal

Supreme Court Hears Arguments in Apple-Samsung Patent Case

USA - October 14 2016 During oral arguments on Tuesday, justices of the U.S. Supreme Court grappled with the appropriate standard by which to assess damages for

D.C. Circuit Rules the Single-Director Structure of the CFPB Is Unconstitutional - The Implications for the CFPB on the Eve of a Presidential Election

USA - October 13 2016 On October 11, 2016, the D.C. Circuit Court of Appeals held in PHH Corp.v. CFPB that the structure of the Consumer Financial Protection Bureau

New Regulations Eliminate Leveraged Partnership Transactions, Modify Proposed Rules for Allocation of Partnership Liabilities

USA - October 19 2016 On October 5, 2016, the U.S. Department of Treasury and the Internal Revenue Service (together referred to as the "Service") finalized previously

Court Says DISH Subscribers Not Eligible for Channel Loss Refunds

USA - October 21 2016 Reversing a lower court ruling, the Eight Circuit Court of Appeals decreed earlier this month that subscribers of multichannel video program

FCC Closes Stage Two of Forward Auction after One Round

USA - October 21 2016 In a surprise development, the second stage of the forward phase of the FCC's ongoing incentive auction ended abruptly on Wednesday after a single

Wireless Industry Endorses FCC Plan to End Commercial Mobile Radio Service Presumption

USA - October 21 2016 Industry comments filed this week are largely supportive of FCC plans to eliminate the agency's presumption that wireless service licensees

Q3 2016 U.S. Legal and Regulatory Developments

USA - October 20 2016 The following is our summary of significant U.S. legal and regulatory developments during the third quarter of 2016 of interest to Canadian companies