James Lundy Comments on SEC Casework Backlog as Federal Government Reopens

Foley & Lardner LLP partner James Lundy shared insight on potential delays at the U.S. Securities and Exchange Commission following the end of the federal government shutdown in the Law360 article, “As Backlogged SEC Reopens, Attys Jostle To ‘Get In Line’.”

Lundy said that paused litigation may begin to resume as early as next week, though he cautioned that timing will be “judge-dependent,” with some expecting immediate resumption of cases and others seeking a revised schedule.

“Defense counsel has a view on it, and defense counsel may aggressively want to push litigation, so they may want to get before the judges as soon as possible and get things back on track,” Lundy added.

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