BY: Eugena Liu, RBFL Editor On September 23, 2021, in the United Food and Commercial Workers Union and Participating Food Industry Employers Tri-State Pension Fund v. Zuckerberg, the Delaware Supreme Court adopted a new three-part test as a universal test in determining demand futility. The Zuckerberg test combined the Aronson and Rales, two governing demand […]
By Jake Schanne, RBFL Student Editor The Commodities Future Trading Commissions (CFTC) issued a Final Ruling on July 23, 2020 removing registration requirements for swap dealers and major swap participants. The Ruling replaced a 2013 Guidance that had technically been unenforceable, but was largely followed. The decision was issued 3-2 in a partisan split with […]
by Douglas Plume, RBFL Student Editor Since its founding in 1974, the Commodity Futures Trading Commission has had authority to regulate conduct in the markets for futures contracts of all sorts of commodities. Congress greatly expanded the CFTC’s authority and power in a number of ways with the passage of the Dodd-Frank Act in […]