5 results found
Morgan Lewis | USA | 9 Sep 2016
In Eagerly Awaited Ruling, AXA Beats Excessive Fee Claim
Following a 25-day bench trial, the US District Court for the District of New Jersey recently ruled against a group of plaintiff shareholders who
Maurice Wutscher LLP | USA | 8 Dec 2015
2nd Cir Holds Massive Repurchase Action Time-Barred
The U.S. Court of Appeals for the Second Circuit recently affirmed the dismissal of an action by the trustee of a residential mortgage-backed
Vedder Price PC | USA | 4 Oct 2010
Massachusetts Supreme Court rules on application of the business judgment rule
On August 23, 2010, the Supreme Judicial Court of Massachusetts issued its ruling in Helabian v. Berv, that the business judgment rule can be applied to dismiss a derivative complaint filed timely under the Massachusetts Business Corporations Act but prior to a corporation’s rejection of the demand serving as the basis for the suit.
Katten Muchin Rosenman LLP | USA | 13 Mar 2009
Supreme Court to resolve circuit split regarding excessive fund advisor fees
On March 9, the U.S. Supreme Court granted certiorari in Jones v. Harris Associates L.P., 527 F.3d 627 (7th Cir. 2008).
Jones Day | USA | 1 Aug 2008
Can an executory contract lose its executoriness? "Maybe," says the Second Circuit
The ability of a chapter 11 debtor-in-possession (“DIP”) or bankruptcy trustee to assume or reject unexpired leases or contracts that are “executory” as of the bankruptcy filing date is one of the most important entitlements created by the Bankruptcy Code.