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With approximately 1,100 lawyers in offices on three continents around the world, Weil operates according to the “one firm” principle, allowing us to…
Weil Gotshal & Manges LLP | European Union, United Kingdom | 17 Jun 2021
Government Announces Further Extensions to COVID-19 Related Restrictions
Yesterday the UK government announced that the existing measures in place to protect commercial tenants from forfeiture, alongside the restrictions on…
Weil Gotshal & Manges LLP | USA | 16 Jun 2021
Scraping Suit Stymied after Van Buren
On June 14, 2021, the U.S. Supreme Court granted certiorari in LinkedIn Corp. v. hiQ Labs, Inc., one of the most significant Circuit-level decisions…
Weil Gotshal & Manges LLP | USA | 16 Jun 2021
SEC Taking a Closer Look at Rule 10b5-1 Trading Plans on the Rulemaking and Enforcement Fronts: What Companies and Their Insiders Need to Know Now
In remarks delivered June 7, 2021 to the Wall Street Journal’s CFO Network Summit, SEC Chair Gary Gensler (available here) (“Gensler June 7 Remarks”)…
Weil Gotshal & Manges LLP | USA | 11 Jun 2021
No Time Runs against the King (IRS): The Golden Creditor Rule and its Discontents
A bankruptcy court in North Carolina recently joined a growing number of courts allowing debtors and trustees to avoid prepetition…
Weil Gotshal & Manges LLP | United Kingdom, USA | 7 Jun 2021
Competing Benchmarks in the Transition from LIBOR
As has been widely communicated, on July 27, 2017, the United Kingdom's Financial Conduct Authority (the "FCA"), announced that the London Interbank…
Weil Gotshal & Manges LLP | USA | 7 Jun 2021
Supreme Court Narrows Scope of Liability under the Computer Fraud and Abuse Act
On June 3, 2021, the U.S. Supreme Court issued its opinion in Van Buren v. United States. At issue was whether the Computer Fraud and Abuse Act of…
Weil Gotshal & Manges LLP | USA | 4 Jun 2021
Class Action “Reform:” Envisioning a World without Predominance
On October 6, 2020, the U.S. House Judiciary's Committee on Antitrust, Commercial, and Administrative Law issued its report on competition in digital…
Weil Gotshal & Manges LLP | United Kingdom | 2 Jun 2021
Cross-Class Cram Down in UK Restructuring Plans: Virgin Active
Mr Justice Snowden’s recent judgment sanctioning the Virgin Active restructuring plans is significant for several reasons. Not only is it the first…
Weil Gotshal & Manges LLP | USA | 2 Jun 2021
New Securities Class Action Relating to SPAC Warrant Accounting
In April 2021, the SEC staff issued a statement concerning accounting and reporting considerations with respect to warrants issued by SPACs in…
Weil Gotshal & Manges LLP | USA | 1 Jun 2021
A Reminder That a 9019 Motion Is Not a Slam Dunk: Bankruptcy Court Denies 9019 Motion After Determining That Approving Certain Findings Required By Settlement Would Amount to Inappropriate Advisory Opinion
In a recent decision, Bath Iron Works Corp. v. Congoleum Corp. (In re Congoleum Corp.), 2021 Bankr. LEXIS 10, 2021 WL 28396 (Bankr. D.N.J. Jan. 4…
