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Federal Subpoena Power is Limited and Does Not Bend to Convenience

Reed Smith LLP

Remember the case we told you about last week where the court shutdown Plaintiff’s attempt to use non-mutual offensive collateral estoppel? Well…...

Northern District Of California Dismisses Putative Class Action With Prejudice For Failure To Adequately Allege Loss Causation And Standing

Shearman & Sterling LLP

On April 9, 2024, Judge Beth Labson Freeman of the United States District Court for the Northern District of California dismissed with prejudice a…...

SEC Achieves Jury Verdict In Cryptocurrency Fraud Case

Shearman & Sterling LLP

On April 5, 2024, a jury in the Southern District of New York found cryptocurrency startup Terraform Labs PTE Ltd. (the “Company”) and its co-founder…...

Eastern District Of California Denies Motion To Dismiss Case Alleging Horizontal Price Fixing Conspiracy Of Real Property In Solano County

Shearman & Sterling LLP

On March 28, 2024, Judge Troy L. Nunley of the United States District Court for the Eastern District of California denied a motion to dismiss a…...

Carried interest - treatment for UK and US tax purposes

Macfarlanes LLP

This note is intended to give an overview of the key differences between the UK and the US approaches to the taxation of carried interest and…...


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