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2 Jul 2023, 3:46 pm by Steve Bainbridge
As Chancellor Allen stated long ago, the threat cannot be justified on the grounds that the board knows what is in the best interests of the stockholders. [read post]
11 Feb 2019, 9:38 am by Stephen Honig
A couple of weeks ago, a three-judge panel of the United States Circuit Court (for the non-lawyers: the highest Federal courts except for the Supreme Court) decided the case of SEC v Scoville, which in effect held that the SEC has enforcement powers against alleged securities frauds which are primarily extra-territorial. [read post]
28 Apr 2008, 11:21 am
Delivering a splintered 6-3 ruling in Crawford v. [read post]
11 Feb 2019, 9:38 am by Stephen Honig
A couple of weeks ago, a three-judge panel of the United States Circuit Court (for the non-lawyers: the highest Federal courts except for the Supreme Court) decided the case of SEC v Scoville, which in effect held that the SEC has enforcement powers against alleged securities frauds which are primarily extra-territorial. [read post]