20Jan
SDNY Allows Nine West LBO Securities Litigation to Move Forward
In early December, the United States District Court for the Southern District of New York denied, in part, a motion to dismiss claims of breach of fiduciary duty and recovery of fraudulent conveyances brought against former directors and officers of the Jones Group in connection with its “going private” leveraged buyout by private equity firm Sycamore Partners Management, L.P. (“Sycamore”) in 2014 (the “Transaction”). In re Nine West LBO Sec. Litig., No. 1:20-cv-04262-JSR (S.D.N.Y. Dec. 4, 2020)...
By:
Arent Fox
Related
The Internal Revenue Service (IRS), in a recently released memorandum from the Office of Chief Couns...
Read More >
As we wrote in November 2018, the Treasury Department issued proposed regulations that significantly...
Read More >
On 11 February 2020 Federal Trade Commission (FTC) announced that it has issued Special Orders to fi...
Read More >
A sales employee suffers from acute stress and anxiety, which ultimately force him to take a 12-week...
Read More >
Just as no human being is naturally immune to the COVID-19 virus, no industry is immune to its econo...
Read More >
Courtyard Monroe Airport Hotel Paid Women Less Because of Their Gender, Federal Agency Charges - NE...
Read More >