Securities MVP: Cleary Gottlieb's Lewis Liman

Law360, New York (November 18, 2013, 7:17 PM EST) -- Cleary Gottlieb Steen & Hamilton LLP's Lewis Liman handed the U.S. Securities and Exchange Commission its most significant legal defeat in 2013, winning a U.S. Supreme Court ruling that prevented the SEC and other federal regulators from extending the five-year time limit for enforcement actions, earning a place among Law360's MVPs for securities law.

In Gabelli v. SEC, Liman represented two Gabelli Funds LLC officials, Marc J. Gabelli and Bruce Alpert, accused of market timing violations that occurred more than five years before the SEC filed...
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