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SEC proposes amendments to Regulation D, Form D and Rule 156

USA - September 27 2013 The SEC proposed amendments to Regulation D, Form D and Rule 156 under the Securities Act of 1933 (the "Securities Act").These proposed amendments…

Edward Stevenson.

Second Circuit declines to extend criminal liability under Section 10(b) to extraterritorial conduct

USA - September 27 2013 Settling an open issue in the wake of the United States Supreme Court's 2010 decision in (130 S. Ct. 2869), the Second Circuit recently held that…

Edward Stevenson.

Delaware Chancery Court dismisses sale of company lawsuit

USA - August 20 2013 The Delaware Chancery Court dismissed a lawsuit filed by the former shareholders of a company that was acquired by a competitor. The claimants…

Daniel A. Etna.

Delaware Supreme Court affirms dismissal of conflict of interest lawsuit

USA - August 20 2013 The Delaware Supreme Court affirmed the dismissal of a conflict of interest lawsuit relating to a merger transaction between a publicly traded…

Daniel A. Etna.

Delaware Chancery Court endorses "clean slate" approach in appraisal rights case

USA - August 20 2013 The Delaware Chancery Court expressly recognized and affirmed a long-standing practice used by Delaware courts in determining the fair value of a…

Daniel A. Etna.