In its October 2025 Term, the Supreme Court will decide whether Section 47(b) of the Investment Company Act of 1940 (“ICA”) creates a federal cause of action for private plaintiffs seeking rescission ...
The U.S. Supreme Court will soon decide—in FS Credit Opportunities v. Saba Capital Master Fund—whether Section 47(b) of the Investment Company Act of 1940 created a private right of action for ...
Adam Leitman Bailey and John M. Desiderio explain how New York courts decide whether a buyer’s or seller’s failure to meet a real estate contract obligation is a “material” breach that justifies ...
Some of the most interesting cases we post about on this blog are, of course, the ones where there is more than meets the eye. On the surface, today’s case—Bapaz NYC West St Group LLC v. Assa ...
The right of rescission is a consumer protection provided by the federal Truth in Lending Act, also known as Regulation Z. It gives individuals the option to cancel certain residential loans within ...
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