News & Analysis as of July 23, 2025

Appeals

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Privy Council clarifies secured party’s duty when realising security

Walkers on 6/30/2025

The Privy Council has clarified that the duty of care to "obtain the best price reasonably obtainable" in the sale of secured collateral does not require a secured party to improve an asset before sale to obtain the best...more

Journey's End? Fifth Circuit Issues Splintered Decision in Important Clean Air Act Citizen Suit Case

Pillsbury Winthrop Shaw Pittman LLP on 1/13/2025

The nine judges that finally coalesced over the decision of affirmance voted for two inconsistent judgments and provided no explanation for this result. The judges held that, under Laidlaw, civil penalties which must be...more

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Enforcement › Burden of Proof › Appeals

Privy Council clarifies secured party’s duty when realising security

Journey's End? Fifth Circuit Issues Splintered Decision in Important Clean Air Act Citizen Suit Case

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