Galia Porat

Galia Porat

Dechert LLP

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City of Pontiac Policemen's and Firemen's Retirement System v. UBS AG: The Second Circuit Court of Appeals Further Limits the...

Last week, the U.S. Court of Appeals for the Second Circuit issued its opinion in City of Pontiac Policemen's and Firemen's Retirement System v. UBS AG, No 12-4355, slip op. (2d Cir. May 6, 2014) ("City of Pontiac"), further...more

5/12/2014 - Extraterritoriality Rules Securities Exchange Act Securities Litigation

The First Circuit Court of Appeals Articulates a Stricter Independence Standard for Fund Directors When Evaluating Demand...

The U.S. Court of Appeals for the First Circuit, in UniĆ³n de Empleados de Muelles de Puerto Rico PRSSA Welfare Plan, v. UBS Financial Services Inc. of Puerto Rico, No. 11-1605, --- F.3d ----, 2013 WL 49818 (1st Cir. Jan. 4,...more

1/23/2013 - Appeals Board of Directors Demand Futility Derivative Suit Investment Adviser Pensions Shareholder Demands Shareholder Litigation

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