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Delaware Supreme Court Clarifies Ab Initio Requirement Under MFW

USA - May 2 2019 The Delaware Supreme Court’s 2014 decision in Kahn v. M&F Worldwide Corp.1 (MFW) altered the landscape for suits challenging controlling...

Thomas W. Christopher, Sohom Datta, Blair Connelly.

Forum selection bylaws gain additional support in California

USA - December 29 2014 In response to the wasteful and burdensome trend of multi-forum shareholder litigation, many companies have recently enacted forum selection bylaws...

Matthew D. Harrison, Sarah M. Lightdale, Patrick E. Gibbs, Blair Connelly, Sean M. Berkowitz.

False Claims Act 101: the new frontier

USA - November 14 2012 With New York coming off an $8.5 billion state budget shortfall in 2011,1 it is perhaps no surprise that New York Attorney General Eric Schneiderman has vowed to hold “large-scale tax cheats” accountable....

Nathanael B. Yale, William O. Reckler.

Understanding recent changes to the SEC’s “neither admit nor deny” settlement policy

USA - January 12 2012 The Securities and Exchange Commission (the “SEC”) has for decades incentivized defendants to resolve enforcement charges by allowing them to settle without admitting liability, subject to the condition that they also not publicly deny it....

Caroline A. Reckler.