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 NILG/OFCCP Compensation Roundtable provided an interesting exchange between OFCCP Representative...
Read More >
Our Employee Benefits & Executive Compensation Group reviews the multiple year-end notices that defi...
Read More >
The first half of 2019 saw several decisions from the Delaware courts that will affect M&A dealmakin...
Read More >
The New Jersey independent contractor test is one of the toughest for a putative employer to prevail...
Read More >
Over a year after Congress amended the Fair Labor Standards Act (FLSA) to clarify tip ownership ques...
Read More >
Our combined news update provides guidance for companies that utilize independent contractors on wha...
Read More >