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JULY 6, 2018
 
 
 
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Litigation Legal News
In house attorneys looking for a better way to organize, vet and easily retrieve legal news created the National Law Review on-line edition.

Around the clock, the National Law Review's editors screen and classify breaking news and analysis authored by recognized legal professionals and our own journalists.

There is no log in to access the database and new articles are added hourly.​
 
 
 
 
On Tuesday, June 26, 2018, the Supreme Court upheld President Trump’s travel ban.
The Court addressed the legality of the Presidential Proclamation issued on September 24, 2017 entitled, Enhancing Vetting Capabilities and Processes for Detecting Attempted Entry Into the United States by Terrorists or Other Public-Safety Threats. This is the third and current version of President Trump’s original travel ban issued in January 2017. Our previous updates regarding the travel ban can be found here.    Read More on SCOTUS Immigration Decision Here >
 
 
 
This week in State of Arizona v. Rodney Christopher Jones, the Arizona Court of Appeals held in a 2-1 decision that marijuana concentrates do not fall under the protections of the Arizona Medical Marijuana Act (AMMA). The court determined that the AMMA, by not specifically including a form of extracted resin, namely Hashish, within its description of marijuana, adopts a distinction between marijuana and its concentrates that the Arizona Supreme Court made in the seventies. See State v. Bollander, 110 Ariz. 84 (1973).  Read More on Court Decision Here >
 
 
 
The Second Circuit confirmed this week that a "meaningfully close personal relationship" is not required for insider-trading liability where a tipper discloses inside information as a gift with the intent to benefit the tippee.  The June 25, 2018 decision on panel rehearing in United States v. Martoma (No. 14-3599) retreats from the panel's original decision and no longer effectively overrules a portion of the Second Circuit's 2014 decision in United States v. Newman, which had refused to infer a tipper's intent to benefit a tippee in the absence of a meaningfully close relationship and a pecuniary or similarly valuable benefit in exchange for the tip.    Read More Court's Decision Here >
 
 
 
In Verition Partners Master Fund Ltd. v. Aruba Networks, Inc., C.A. No. 11448-VCL (Del. Ch. May 21, 2018), the Delaware Court of Chancery denied a motion for reargument of its earlier decision setting the appraisal value of the shares of Aruba Networks, Inc. (“Aruba” or the “Company”) at the time of its acquisition by Hewlett-Packard Company (“HP”).  Although the merger agreement offered $24.67 per share of the Company, and the Company ultimately suggested that the fair value of the Company’s shares was $19.75, the Court of Chancery set the fair value of the Company’s shares at $17.13.    Read More on Court's Decisions Here >
 
 
 
 
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