Associate
Complex Commercial Litigation
Patrick’s principal area of practice is complex commercial litigation.
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Client Alerts
In a considerable shift in the law, the Federal Circuit has discarded the long-standing test for determining whether a design patent is invalid as obvious, in favor of the more flexible obviousness test historically applied to utility patents. Eric Klein, Erik Shallman, Patrick Wroe
May 23, 2024 • V&E IP Update
May 23, 2024 • 3-minute read
Client Alerts
Double-Edged Disclosure: Navigating 10-K Season with the SEC’s New Cybersecurity Disclosure Rules
Public companies are now required to comply with new cybersecurity disclosure requirements in their Annual Reports on Form 10-K for fiscal years ending on or after December 15, 2023.
March 4, 2024 • V&E Cybersecurity Update
March 4, 2024 • 6-minute read
Client Alerts
Repurchase Redo: Fifth Circuit Court of Appeals Orders SEC to Correct Share Repurchase Rule Defects
Evaluating a broad spectrum of challenges raised by the U.S. Chamber of Commerce and others, a unanimous panel of the U.S. Court of Appeals for the Fifth Circuit recently held that the SEC failed to provide a sufficient rationale to justify its Share Repurchase Disclosure Modernization Rule (the “Final Rules”), rendering the Final Rules arbitrary and capricious.
November 16, 2023
November 16, 2023 • 8-minute read
Client Alerts
‘Forming’ a Rift: District Judge Rejects Decision in Ripple Labs, Inc.
On July 31, 2023, Judge Jed Rakoff of the Southern District of New York (“SDNY”) sided with the Securities Exchange Commission in SEC v. Terraform Labs Pte. Ltd. by holding that sales of crypto assets to retail investors on public marketplaces amounted to a sale of “securities” subject to the SEC’s registration requirements.
August 4, 2023
August 4, 2023 • 3-minute read
Client Alerts
A Stumbling Block in the SEC’s Crypto Crackdown: SEC v. Ripple Labs, Inc.
On July 13, 2023, a decision by Federal District Judge Analisa Torres of the Southern District of New York dealt a significant blow to the Securities and Exchange Commission’s enforcement efforts in the crypto space by holding that Ripple Labs, Inc.’s sale of crypto tokens on public exchanges was not a sale of unregistered securities because, in that situation, the tokens themselves were not securities.
July 21, 2023
July 21, 2023 • 5-minute read
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