Another Arrow In The Quiver: ROSCA as an Alternative to 13(b) In Obtaining Monetary Relief

There are some really smart lawyers at the FTC. For over 40 years, they were able to convince the federal judiciary (and, let’s face it, most of us) that the FTC had an authority that a unanimous Supreme Court in AMG Capital Management concluded it did not have. Following the decision, there has been a good deal of crowing by parties that are currently or regularly adverse to the FTC. But as we wait and see whether Congress might act to provide new statutory language (you can’t restore what...
By: Kelley Drye & Warren LLP

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