Partner Michael Matthews was quoted in Am Law Litigation Daily article, “Shout-Out: Foley Wins Dismissal in Case That Could Re-Shape Shareholder Suits,” on October 18, 2015. The article discussed a recent lawsuit that resulted in Emergent Capital Inc. upholding a bylaw that requires plaintiffs to obtain consent from 3 percent of the company’s shareholders before filing a shareholder suit. Matthews was quoted saying, “We were honored to defend the first case nationwide to challenge a minimum-support-to-sue bylaw, and we commend Phillip Goldstein and Emergent’s board of directors for having the foresight and fortitude to take decisive action to protect shareholder value.”
People
Related News
June 16, 2025
In the News
Gregory Husisian on Customs Compliance Violations – 'It's a sharply increased risk profile'
Foley & Lardner LLP partner Gregory Husisian joined the SupplyChainBrain Thought Leaders episode, "Getting Ahead of Customs Compliance Violations," to describe the heightened risk environment importers face under the current trade and regulatory regime.
June 11, 2025
In the News
Foley Named Top US Firm for IP Lateral Hires by ManagingIP
Foley & Lardner LLP was named the top United States firm for intellectual property lateral partner hires in April and May 2025 based on data from ManagingIP's Talent Tracker.
June 10, 2025
In the News
Lynn Gandhi Sheds Light on Supreme Court Tax Ruling
Foley partner Lynn Gandhi commented in the Bloomberg Tax article "High Court’s Catholic Charities Case to Go Beyond Unemployment," sharing insight on the implications of a recent Supreme Court ruling in a tax case.