Rescission is an equitable remedy that restores parties to a contract to their former status by undoing the original ...
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 ...
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