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This Term, Supreme Court Will Decide Scope of Equitable Tolling under Exchange Act Short-Swing Trading Provision Two-Year Limitations Period

The Supreme Court will decide in the upcoming 2011-2012 term whether and under what circumstances the two-year time limit for bringing an action to recover insider short-swing trading profits pursuant to Section 16(b) of the Securities Exchange Act may be … Continue reading

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Medical Malpractice Lawyers & Patients Under Attack

Read more detail on Recent Medical Malpractice Posts –

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Cap on Punitive Damage Under Fire

In 2008, nineteen years after Exxon's supertanker Exxon Valdez grounded on Bligh Reef fracturing its hull and spilling millions of gallons of crude oil into Prince William Sound, the U.S. Supreme Court considered the question of whether the award of … Continue reading

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SEC Enforcement Director Responds to Senator Grassley's Inquiry on Document Retention for Matters Under Inquiry

Senator Charles Grassley (R-Iowa) is engaged in a discussion with the SEC over whether the agency for years destroyed investigative documents inappropriately or illegally. Prompted by an agency whistleblower, Senator Grassley, Ranking Member on the Judiciary Committee, is communicating with … Continue reading

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Court of Appeal Decides Buy-Out Questions Under Re-RULPA

California's Uniform Limited Partnership Act of 2008, commonly known as Re-RULPA, established a mechanism by which partners can avoid a judicial dissolution of the partnership by purchasing for cash the partnership interest owned by the partners initiating the judicial dissolution … Continue reading

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