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Features

Circuit Split Reflects Disagreement About the Relationship Between Scheme Liability and SEC Rule 10b-5(b) Image

Circuit Split Reflects Disagreement About the Relationship Between Scheme Liability and SEC Rule 10b-5(b)

Stefan Atkinson & Yi Yuan

Historically, federal courts generally agreed that scheme liability under SEC Rule 10b-5(a) and (c) requires something more than a misstatement or omission — with misstatements and omissions typically being litigated under Rule 10b-5(b) instead. However, the SCOTUS in Lorenzo v. SEC held that an individual who disseminates a misstatement, without other fraudulent conduct, is potentially liable under the scheme liability provisions of Rule 10b-5. Subsequently, a circuit split has emerged over the scope of Lorenzo's holding.

Features

Despite Aggressive Rate Increases from Law Firms, Clients Have Room to Negotiate Image

Despite Aggressive Rate Increases from Law Firms, Clients Have Room to Negotiate

Andrew Maloney

Rate increases across the legal industry haven't been as big as the conventional wisdom implies, and clients have more room to negotiate than they probably realize.

Features

Marketing Tech: Legal Ops Success In an Uncertain Economy Image

Marketing Tech: Legal Ops Success In an Uncertain Economy

Ari Kaplan

Ari Kaplan speaks to leaders in legal ops on key themes emerged that are likely to drive new initiatives in 2023.

Features

Rights of Tenant to Security Deposit When Landlord Files for Bankruptcy Image

Rights of Tenant to Security Deposit When Landlord Files for Bankruptcy

Andrew C. Kassner & Joseph N. Argentina Jr.

As we debate whether there will be a "soft" or "hard" landing of the economy and the resulting effect of different landings on the volume of bankruptcy filings, it is helpful to review how a bankruptcy filing affects not only rights between a creditor and the debtor, but also the respective rights of creditors against property held by the debtor.

Features

Embedded Finance Is Changing the Business of Law Image

Embedded Finance Is Changing the Business of Law

Kevin Gallagher

A revolution is underway in small and medium-sized businesses (SMB) banking and payments and will impact the way legal, accounting and other professional services firms manage their finances.

Columns & Departments

Upcoming Event Image

Upcoming Event

ELF Staff

"Ripple Effect: The Taylor Swift Tour Ticket Debacle," at SXSW Conference. Austin, TX, March 15.

Columns & Departments

Co-ops and Condominiums Image

Co-ops and Condominiums

NYRE Staff

Amendment of Bylaws Relieves Condominiums of Obligation to Use Association for Repair Services

Features

Crypto Collapse Gives View of 'Property' Values In the Metaverse Image

Crypto Collapse Gives View of 'Property' Values In the Metaverse

Jack Rogers

Before CRE owners and operators create that experiential virtual shopping mall or virtual office on a metaverse platform for their tenants, they need to make sure the tenants won't decide that the virtual experience is so good that they no longer have any use for the built portfolio.

Columns & Departments

IP News Image

IP News

Matthew Weiss

Federal Circuit: Prosecution Laches Applies to Patent Claiming 1987 Priority Date Federal Circuit: Appellate Court Lacks Jurisdiction Over Interlocutory Appeal of Protective Order Dispute

Features

ESG 'Greenwashing' Litigation On the Rise Image

ESG 'Greenwashing' Litigation On the Rise

Shoshana Schiller, Alice Douglas & Brenda Gotanda

Increased attention paid to companies' public promotion of their environmental and sustainability programs is likely to continue in 2023, with further developments in regulation and litigation pertaining to "greenwashing" — a marketing practice which involves unsubstantiated or exaggerated claims about the environmentally friendly or socially-responsible attributes of an organization's products or services.

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