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Supreme Court Hears Argument on Case with Potentially Significant Implications for the Scope of Section 10(b) Liability

USA - December 6 2018 On December 3, 2018, the U.S. Supreme Court heard oral argument in Lorenzo v. SEC, which involves an attempt by the SEC to use a "scheme liability"...

Martin J. Crisp, Douglas Hallward-Driemeier.


The Ropes Recap: Mergers & Acquisitions Law News - Q2 2018

USA, United Kingdom, China - August 8 2018 The second quarter of 2018 saw interesting decisions from the Delaware Court of Chancery in a variety of areas. Specifically, Tesla and Oracle provide...

Carl P. Marcellino, Paul S. Scrivano, Jeffrey R. Katz, John E. Sorkin, Lisa H. Bebchick, Jane D. Goldstein, James T. Lidbury.


Delaware Supreme Court Cautions that “Partial and Elliptical Disclosures” Cannot Support the Application of Corwin Business Judgment Review

USA - July 12 2018 On July 9, 2018, the Delaware Supreme Court held in Morrison v. Berry that Corwin business judgment review will not apply to stockholder-approved...

Paul S. Scrivano, John E. Sorkin, Martin J. Crisp, Peter L. Welsh, Jane D. Goldstein.


Ninth Circuit Splits from Five Other Circuits; Requires Only a Showing of Negligence for Claims Under Section 14(e) of the Exchange Act

USA - May 8 2018 On April 20, 2018, in Varjabedian v. Emulex Corp., the Ninth Circuit held that Section 14(e) of the Securities Exchange Act of 1934 requires only a...

Paul S. Scrivano, John E. Sorkin, Jane D. Goldstein.


The Ropes Recap: Mergers & Acquisitions Law News - Second Half 2016

USA, United Kingdom, China - April 21 2017 On July 8, 2016, the Delaware Court of Chancery released its post-trial opinion in an appraisal action that arose from the sale of DFC Global...

Jason Freedman, Carl P. Marcellino, C. Thomas Brown, Jieni Gu, Renata J. Ferrari, Anne Johnson Palmer, David H. Saltzman, Jane D. Goldstein, James T. Lidbury.