Tag Archives: Funds

Investment Funds Authority Ildiko Duckor Demystifies Quant Funds and Their Risks

Pillsbury Investment Funds practice co-leader Ildiko Duckor recently spoke with The Hedge Fund Law Report about the strategies and risks inherent in investing in and managing quant funds, which utilize highly sophisticated computer-based models to automate trading activities and are … Continue reading

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Missed Notice Deadline Bars Contract Claim for Escrow Funds

A recent decision of the Delaware Court of Chancery provides a cautionary tale for corporate and commercial litigation practitioners about the importance of complying with contractual notice deadlines. In PR Acquisitions, LLC v. Midland Funding LLC, C.A. No 2017-0465-TMR (Del. … Continue reading

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Lawsuits Continue to Blast Bizarre Alabama Law Letting Sheriffs Pocket Inmate Meal Funds

A strange Alabama law allowing sheriffs to pocket savings on inmate meals is bringing allegations of corruption to offices and counties across the state. For decades, writes the New York Times, sheriffs prospered by manipulating a Depression-era system imposed to … Continue reading

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Freezing of Terrorist Funds, Social Assistance to Spouses and Interpretation of EU Law: Case C-340/0

The Court of Justice recently narrowed the scope of EU measures taken to freeze the funds of designated terrorist organizations in Case C-340/08 M v. Others. The Council adopted Regulation (EC) No 881/2002 of May 27th 2002 imposing certain specific… … Continue reading

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FAA Supports the Right of Airport Sponsor to Use Airport Funds in Defense of Locally Enacted Noise Restrictions

In a somewhat ironic twist on the Federal Aviation Administration’s (“FAA”) usual position, on March 26, 2018, FAA ruled in favor of the Town of East Hampton, New York (“Town”), proprietor of the East Hampton Airport, in a challenge by … Continue reading

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