Del. Supreme Court: Fraudulent Transfer Claim Not a “Securities Claim”

Public company D&O insurance policies provide entity coverage (that is, insurance for the benefit of the insured organization) only for “Securities Claims.” But what is a “Securities Claim”? That is the question that Delaware’s courts have grappled with in a long-running dispute between the telecommunications company Verizon and its insurers.

The Delaware Superior Court had held in the ongoing dispute that a litigation trustee’s state law fraudulent transfer claims against Verizon were derivative claims and therefore qualified as a Securities … Read the rest

Supreme Court refuses to reinstate Missouri Second Amendment law

Supreme Court refuses to reinstate Missouri Second Amendment law

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The Supreme Court on Friday refused a request by Missouri to reinstate a state law that bars police officers from enforcing federal restrictions on the sale and ownership of firearms that the state believes violate the Second Amendment. A federal judge ruled earlier this year that the state law is itself unconstitutional and blocked the state from enforcing the law. In an unsigned order on Friday, the justices left that decision in place while the state’s appeal continues in … Read the rest

Supreme Court sets seven cases for November argument session

Supreme Court sets seven cases for November argument session

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A major Second Amendment dispute and a challenge to the constitutionality of efforts by public officials to block constituents on social media headline the Supreme Court’s November argument calendar, which was released on Wednesday. The session, which begins on Oct. 30, is a relatively light one, with the justices scheduled to hear oral arguments in just seven cases over six days.

The justices will hear oral argument in O’Connor-Ratcliff v. Garnier and Lindke v. Freed, the social media … Read the rest

A president and a justice: The shaping of securities law at the Supreme Court

A president and a justice: The shaping of securities law at the Supreme Court

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So many books cover the work of the Supreme Court that the Journal of Supreme Court History can review several of them in each issue. The overwhelming majority of those books, though, analyze the work of the court interpreting the Constitution. The court’s other task — interpreting federal statutes — remains markedly underrepresented. Of course, it can be hard to craft a sustained narrative about those cases when many deal with relatively obscure statutes that the court rarely examines … Read the rest

New Supreme Court Fellows Begin Term

Four new U.S. Supreme Court Fellows will begin their 2023-2024 fellowships in September. The Supreme Court Fellows Program, established by the late Chief Justice Warren E. Burger in 1973, provides participants the opportunity to gain a greater understanding of the federal Judiciary. Fellows work alongside top officials in the judicial branch on projects that further the goals of the Judiciary.
Judiciary News – United States CourtsRead the rest

Supreme Court gives government broad authority to dismiss whistleblower lawsuits

Supreme Court gives government broad authority to dismiss whistleblower lawsuits

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The Supreme Court ruled on Friday that the Department of Justice has broad, but not unfettered, authority to dismiss whistleblower lawsuits filed under the False Claims Act’s qui tam provision even when the government initially elected to allow the whistleblower to proceed with the action.

The FCA’s qui tam (an abbreviation for a Latin phrase meaning “who sues on behalf of the King as well as for himself”) provision encourages whistleblowers to file suit on behalf of the government. … Read the rest

Supreme Court cabins reach of aggravated identity theft statute

Supreme Court cabins reach of aggravated identity theft statute

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The defendant in the case, David Dubin, was convicted of health care fraud for overbilling Medicaid while working as the managing partner of a psychological services company. The government also charged Dubin with aggravated identity theft, which carries a separate two-year sentence. Choosing between the two competing readings, “one limited and one near limitless,” the Supreme Court on Thursday handily rejected the government’s “boundless” interpretation of the aggravated identity theft statute. In an opinion by Justice Sonia Sotomayor, the … Read the rest

Supreme Court rules against union over strike liability

Supreme Court rules against union over strike liability

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In an 8-1 opinion on Thursday, the justices provided a new definition to the limits on the right to strike under federal labor law. At issue in Glacier Northwest v. International Brotherhood of Teamsters, Local Union 174was whether an employer could sue its employees’ union under state law for damage the employer incurred as a result of the union’s strike. The case produced a surprisingly broad majority agreeing that the strike at issue was not even arguably protected … Read the rest