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
Source Url: https://www.jdsupra.com/legalnews/sdny-allows-nine-west-lbo-securities-3047075/
Related
Seyfarth Synopsis: Does Pennsylvania law permit the fluctuating workweek (“FWW”) method of paying ...
Read More >
A judge in the U.S. District Court for the Central District of California recently granted a defenda...
Read More >
In today’s edition of Daily Compliance News: • Sackler family name removed from the Louvre. (NYT)...
Read More >
I suspect that many lawyers do not give a great deal of thought to the application of the California...
Read More >
New Supreme Court Precedent on “Substantial Evidence” Standard of Review On April 1, 2019, the Sup...
Read More >
Wellness programs are a popular employee benefit. Whether an employer already has a program in place...
Read More >