The U.S. Supreme Court debated the reach of the federal securities laws, questioning whether investors can sue law firms and outside companies for their alleged roles in R. Allen Stanford’s $7 billion Ponzi scheme.
The U.S. Supreme Court affirmed the core of President Barack Obama’s health-care overhaul in an opinion that held two surprises: Chief Justice John Roberts was the deciding vote, and his legal reasoning was unanticipated.
A historic week at the U.S. Supreme Court may transform the rights of racial minorities and gays, potentially cutting longstanding voting protections for blacks and Hispanics while allowing a new wave of same-sex marriages.
The U.S. Supreme Court signaled interest in a case that could shield lenders from many race-bias lawsuits, asking the Obama administration for its views on clash over the demolition of a predominantly minority New Jersey neighborhood.
Simpson Thacher & Bartlett LLP is representing Nielsen Holdings NV, the biggest tracker of U.S. television ratings, which agreed to buy Arbitron Inc. for about $1.26 billion in cash to gain access to the largest source of data on the country’s radio listeners. Morrison & Foerster LLP served as legal adviser to Arbitron.