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Certiorari Investment Company Act of 1940

Goodwin

Supreme Court to Resolve Circuit Split Over Existence of Implied Private Right of Action Under Section 47(b) of the Investment...

Goodwin on

On June 30, 2025, the Supreme Court granted certiorari in FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd., agreeing to resolve a circuit split over whether private parties have an implied right of action to...more

Dorsey & Whitney LLP

The Supreme Court Update - June 30, 2025

Dorsey & Whitney LLP on

On June 30, 2025, the Supreme Court of the United States Granted Certiorari to Seven Cases:  M & K Employee Solutions, LLC v. Trustees of the IAM National Pension Fund, No. 23-1209: This case interprets a provision of the...more

Vinson & Elkins LLP

Repurchase Redo: Fifth Circuit Court of Appeals Orders SEC to Correct Share Repurchase Rule Defects

Vinson & Elkins LLP on

Evaluating a broad spectrum of challenges raised by the U.S. Chamber of Commerce and others, a unanimous panel of the U.S. Court of Appeals for the Fifth Circuit recently held that the SEC failed to provide a sufficient...more

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