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9 Nov 2021, 6:20 am by John Jascob
By Anne Sherry, J.D.In a forcefully stated keynote address to the SEC Regulation Outside the United States conference in London, Enforcement Director Gurbir Grewal insisted that the SEC does not “regulate by enforcement” when it applies longstanding regulations to new and emerging technologies and products. [read post]
20 Sep 2021, 4:30 am by Eric Segall
 In an excellent and thought-provoking post on this blog last Monday, Professor Sherry Colb explained what happens when people abuse the civility norm or invoke it hypocritically. [read post]
16 Sep 2021, 5:00 am by John Jascob
By Anne Sherry, J.D.In a split decision, the Delaware Supreme Court affirmed a chancery court decision that upheld a stockholder waiver of the right to seek judicial appraisal in respect of a merger. [read post]
7 Sep 2021, 5:00 am by John Jascob
By Anne Sherry, J.D.Parties in the Pivotal Software class action have reached a settlement in principle, potentially mooting an appeal before the Supreme Court on whether the PSLRA stays discovery in Securities Act cases brought in state court, or only those brought in federal court. [read post]
17 Aug 2021, 11:43 am by John Jascob
However, the plaintiff says that the planned vote on the amendment violates the Delaware General Corporation Law by requiring Class A (public) stockholders to vote together with the SPAC’s sponsor, which owns Class B stock (Bass v. [read post]
7 Aug 2021, 7:50 am by Ajay Sarma, Christiana Wayne
Vera Mironova discussed the lack of legal accountability for repatriated members of the Islamic State. [read post]
14 Jul 2021, 6:18 am by John Jascob
By Anne Sherry, J.D.The Seventh Circuit declined to order a new trial or vacate the conviction of Michael Coscia, who in 2014 became the first person charged in a federal criminal "spoofing" prosecution. [read post]
12 Jul 2021, 7:32 am by John Jascob
By Anne Sherry, J.D.The Delaware Court of Chancery dismissed, with prejudice, a would-be derivative complaint brought on behalf of FedEx against its board of directors. [read post]