9th Circuit rules against ban on open carry of firearms in most California counties

The U.S. Court of Appeals for the 9th Circuit ruled on Friday against California’s ban on open carry of firearms in most counties. The San Francisco-based court’s ruling declared the ban ...
JD Supra

Fifth Circuit Rules that Serta Simmons Bedding, LLC’s 2020 Uptier Transaction Violated Pro Rata Distribution Covenant

In a landmark ruling, the US Court of Appeals for the Fifth Circuit ruled that a June 2020 refinancing transaction (the Uptier Transaction) entered by Serta Simmons Bedding, LLC (SSB, or the Debtor) ...
Law

5th Circuit Remands Short-Sale Reporting Rules, Faulting SEC's 'Regulatory Sleight of Hand'

The agency had considered the economic impact of the policies separately. But a three-judge panel said that the agency should have also analyzed the rules’ collective economic costs, as there was ...