Shay Dvoretzky Argues on Behalf of FS Credit Opportunities Before Supreme Court

This week, Skadden partner Shay Dvoretzky argued before the Supreme Court in FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd. The case addressed whether Section 47(b) of the Investment Company Act gives shareholders a private right of action to sue mutual funds and other 1940 Act registered funds for rescission. This marked Mr. Dvoretzky’s 22nd argument before the Court. The Skadden team also included Parker Rider-Longmaid, Scott Musoff and Eben Colby.