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Article

Seyfarth Shaw LLP | USA | 16 May 2011

Supreme Court holds that intentionally misleading SPD may give rise to claim for monetary relief

Today, the Supreme Court, in a unanimous 8-0 decision (with Justice Sotomayor taking no part in the consideration of the case) vacated and remanded CIGNA Corp. v. Amara, No. 09-804, 563 U.S. ____ (2011) to the district court for further consideration.

Article

Kelley Drye & Warren LLP | USA | 6 May 2011

Ninth Circuit decision further clouds preemption issues in idea theft cases

On May 4, 2011, the U.S. Court of Appeals for the Ninth Circuit filed its decision reversing the order of the district court dismissing plaintiffs’ idea theft claim on the grounds of copyright preemption, remanding for further proceedings.

Article

Vedder Price PC | USA | 5 Apr 2010

U.S. Supreme Court rules in Jones v. Harris Associates; vacates and remands Gallus v. Ameriprise Financial

On March 30, 2010, the US Supreme Court issued its decision in Jones v Harris Associates, embracing the Gartenberg standard (from the Second Circuit) for evaluating advisory fees and rejecting the approach articulated by the Seventh Circuit, which looks to market efficiency and trust law fiduciary duty.

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