By Adam Magid

Partner | Global Litigation

By Andrew Huynh

Associate

By Max Blender

Associate | Global Litigation

On February  27,  2026, in Rutledge v. Clearway Energy Group LLC, the Delaware Supreme Court upheld the constitutionality of Delaware Senate Bill 21 (SB 21), which amends § 144 of the Delaware General Corporation Law.

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By Jared Stanisci

Partner | Global Litigation

By Douglas Mo

Associate | Global Litigation

By Max Blender

Associate | Global Litigation

On January 29, 2026, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery issued a decision denying Defendants’ motion to dismiss in Calumet Capital Partners LLC v. Victory Park Capital Advisors, LLC.

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By Peter Bariso

Partner | Corporate

By Philip Ibarra

Associate | Corporate

Over the past few months, Cadwalader’s Quorum has closely followed the remarks of U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins as they relate to the SEC’s revitalized mandate to spur capital markets by prompting competition among the states and easing disclosure burdens.

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By Adam Magid

Partner | Global Litigation

By Victor Celis

Associate | Global Litigation

By Douglas Mo

Associate | Global Litigation

On February 10, 2026, the Delaware Superior Court issued a notable decision in Monica, et al. v. Delta Data Software, Inc., addressing the treatment of earn-out conditions where post-closing conduct allegedly affects whether those conditions occur. 

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By Bilal Sayyed

Counsel | Antitrust

This article covers a range of Federal Trade Commission (“FTC”) and Department of Justice ("DOJ") merger-related updates of interest to readers of Quorum.

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By Bilal Sayyed

Counsel | Antitrust

Recognizing that lack of agency guidance on business collaborations may be deterring procompetitive collaborations and hindering business compliance with the Sherman Act and Federal Trade Commission Act, the Federal Trade Commission and Department of Justice ("the Agencies") are seeking comment on the need for new and updated, “guidance on collaborations among competitors.”

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By Peter Bariso

Partner | Corporate

By Olivia Maraj

Associate | Corporate

In February, the Securities and Exchange Commission’s ("SEC's") Division of Corporation Finance issued several new or revised Compliance and Disclosure Interpretations ("C&DIs") addressing resale registrations on Form S-4, going private transactions, and tender offers; the SEC also adopted final rules implementing the Holding Foreign Insiders Accountable Act ("HIFAA"), which as of March 18, 2026 now requires directors and officers ("D&Os") of foreign private issuers ("FPIs")  to comply with the reporting obligations under Section 16(a) of the Exchange Act. 

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By Martin Weinstein

Partner | Compliance, Investigations and Enforcement

By Gina Castellano

Partner | Compliance, Investigations and Enforcement

By Laura Perkins

Partner | Compliance, Investigations and Enforcement

By Hyungjoo Han

Associate

On February 24, 2026, the U.S. Securities and Exchange Commission (“SEC” or “Commission”) Division of Enforcement (“Enforcement Division”) announced significant updates to its Enforcement Manual (the “Manual”), marking the first major revision since 2017.

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