Steven W. Engel

Jun 7, 2024 | jdsupra.com | David Bartels |Steven W. Engel |Tricia Lee

Yesterday, the United States Court of Appeals for the Fifth Circuit vacatedthe SEC’s Private Fund Adviser Rule in its entirety. Dechert LLP represented the Chamber of Commerce of the United States of America in filing an amicus curiae brief in support of the successful challenge to the Rule.

Jun 6, 2023 | jdsupra.com | Steven W. Engel |Rick Horvath |Joni Jacobsen

Key Takeaways U.S. Supreme Court resolves circuit split created by Ninth Circuit decision which had held that traceability not required in the context of a direct listing. By requiring traceability, the Supreme Court cabins strict liability of Section 11. On June 1, 2023, a unanimous U.S. Supreme Court held in Slack Techs., LLC v.