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Weil Gotshal & Manges LLP logo
With approximately 1,100 lawyers in offices on three continents around the world, Weil operates according to the “one firm” principle, allowing us to…
Article

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…
Article

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…
Article

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”)…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
Article

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…
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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…
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