Schulte's top 10 US litigation issues for 2009
Tuesday, February 9, 2010 at 12:16PM US law firm Schulte Roth & Zabel is well known in the financial industry as one of the legal profession's leading US firms on securities law and litigation.
In their recent Winter summary of securities litigation and recent developments, they set out a very interesting summary of their top 10 litigation issues in 2009.
When we attended the Connecticut Hedge Funds Association meeting in November last year we heard a presentation on upcoming US legislation. The final panelist from another leading securities firm, Bracewell & Guiliani, said that whatever happens in relation to the financial services legislation (and there is a lot of it), one certaintly is that litigation will increase and firms will feel that effect immediately.
2010 will see a number of the issues described develop further and we are expecting Asian enforcement officials to learn from these US developments.
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