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As Treatment of No-Poach Agreements Evolves, DOJ To Examine Antitrust in Labor Markets
Antitrust treatment of no-poach agreements continues to evolve as private cases progress, state attorneys general ramp up enforcement efforts and federal regulators contemplate the legality of no-poach agreements going forward.
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The International Comparative Legal Guide to: Alternative Investment Funds 2019 (Operating Private Funds in 2019: Transparency is Key)
Counsel Greg Norman wrote about the increasing need in the private fund community for information and transparency.
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Neuberger Berman Alleges Saba Capital Violating 1940 Act To Win Proxy Fights; Saba Investors on Notice, Should Consider Own Duties
In an escalation of its recent attacks, Saba Capital Management, L.P. continues its offensive against closed-end funds, engaging a Neuberger Berman-managed closed-end fund in a proxy contest. On August 12, 2019, Neuberger Berman filed a preliminary proxy statement alleging that Saba is violating the Investment Company Act and disregarding an exemptive order from the SEC.
