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Results: 1-10 of 83

Third time is the charm for auditor seeking dismissal of securities fraud case

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 10 2013

On April 8, 2013, District Judge Shira Scheindlin (S.D.N.Y.) dismissed Deloitte Touche Tohmatsu CPA Ltd. ("Deloitte") from a securities fraud class

Did we sign up for this? Court compels arbitration based on dispute resolution terms of separate contract

  • Reed Smith LLP
  • -
  • USA
  • -
  • March 27 2013

A Texas Court of Appeals has held that parties to a natural gas gathering contract are required to utilize arbitration - despite the absence of

Sixth Circuit holds that mortgage foreclosure and foreclosure lawyers are subject to the FDCPA

  • Reed Smith LLP
  • -
  • USA
  • -
  • February 1 2013

The U.S. Court of Appeals for the Sixth Circuit recently held that mortgage foreclosure actions are "debt collection" under the Fair Debt Collection

Delaware court permits shareholder damages suit against Novell Inc. board to continue

  • Reed Smith LLP
  • -
  • USA
  • -
  • January 10 2013

In a January 3, 2013 decision, the Delaware Court of Chancery declined to dismiss a shareholder class action lawsuit that claimed the Board of Novell Inc

California's Shine the Light law: litigation update

  • Reed Smith LLP
  • -
  • USA
  • -
  • November 16 2012

Earlier this year we wrote to you about an increase in litigation claiming violations of California’s Shine the Light law

Assignment of claim - a salutary French tale

  • Reed Smith LLP
  • -
  • France
  • -
  • October 29 2012

Where a claim is assigned, the debtor must be notified of the assignment strictly in accordance with the law, failing which the debtor may pay the claim to the assignor rather than the assignee

NY appeals court adopts Delaware standard for determining the difference between direct and derivative claims

  • Reed Smith LLP
  • -
  • USA
  • -
  • August 8 2012

In a case of first impression in New York, the Appellate Division, First Department, has adopted the test the Delaware Supreme Court developed in Tooley v. Donaldson, Lufkin & Jenrette, Inc., 845 A.2d 1031, 1039 (Del 2004) for determining the difference between a “derivative” claim and a “direct” claim in shareholder derivative lawsuits

Pennsylvania Superior Court rejects fraud requirement for UTPCPL catchall liability

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 18 2012

The Pennsylvania Superior Court recently departed from a settled line of cases in holding that “misleading conduct,” as opposed to fraud, could support a violation of the catchall provision of the Unfair Trade Practices and Consumer Protection Law (“UTPCPL”

New challenge to inhouse counsel by European court

  • Reed Smith LLP
  • -
  • European Union
  • -
  • February 28 2012

The European General Court has held that employed lawyers do not have the right to represent their inhouse clients before it

Taking notice of 'notice clauses' in international trade contracts - the importance of getting it right

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • February 5 2012

The recent case of PEC Ltd v Thai Maparn Trading Co Ltd 2011 EWHC 3306 (Comm) considered the effectiveness of notices presented with the intention of extending the delivery period under an FOB contract

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