Asset Management

  • April 23, 2025

    Investment Fund Insists On DQing Connell Foley From Bias Suit

    A Black-owned investment company asked a New Jersey federal court to overturn a magistrate judge's decision denying its bid to disqualify a Connell Foley LLP attorney from representing the state in the investment firm's bias case.

  • April 23, 2025

    GOP Leader Proposes Modernizing Contractor Rules

    U.S. Senate Health Education Labor and Pensions Committee Chairman Bill Cassidy, R-La., on Wednesday unveiled proposals he says will modernize the independent contractor model without hindering workers' flexibility and profit opportunities, suggesting several changes Congress could take.

  • April 23, 2025

    3 Firms Guide Launch Of $3.6B SoftBank-Backed Bitcoin Co.

    Bitcoin investment startup Twenty One Capital Inc. plans to go public by merging with a special purpose acquisition company affiliated with Cantor Fitzgerald at a $3.6 billion valuation, in a deal guided by three law firms, the parties announced on Wednesday.

  • April 23, 2025

    Sidley-Led Stonepeak Plugs $1.5B Into New Data Center Biz

    Infrastructure and real assets-focused private equity shop Stonepeak, advised by Sidley Austin LLP, revealed on Wednesday that it launched a new North American hyperscale-focused data center company with a $1.5 billion equity commitment.

  • April 22, 2025

    Fed's Buffer Plan Marks Start Of Stress Test Reform 'Journey'

    The Federal Reserve entered a new era last week with a proposal to smooth out fluctuations in a key capital requirement for big banks, making an opening move toward what industry experts see as potentially much bigger stress-testing reforms on the horizon.

  • April 22, 2025

    Texas Court Questions $55M Arbitration Award's Validity

    A Texas appeals panel asked why a $55 million arbitration award to the former director of a Dallas alternative asset investment company can't float just because the arbitrator based the damages on securities filings, saying Tuesday that arbitrators have broad discretion to determine damages.

  • April 22, 2025

    Majority Shareholders Sanctioned In Telecoms Control Fight

    A New York federal judge Tuesday sanctioned the majority shareholders of telecommunications infrastructure firm Continental Towers LATAM Holdings Ltd. for ignoring arbitral awards issued in a bitter, yearslong dispute over control of the company.

  • April 22, 2025

    FTX Ch. 11 Trust Says Ex-Exec's Wife Spent $600K Since Dec.

    The FTX Recovery Trust urged a Delaware bankruptcy judge to enjoin the wife of former FTX executive Ryan Salame from spending additional money that the trust said was fraudulently taken from the company before its bankruptcy filing, saying Michelle Bond has spent more than $600,000 since mid-December on legal fees, luxury vacations and credit card bills.

  • April 22, 2025

    CFTC Wants Input On 24/7 Trading, Perpetual Contracts

    The U.S. Commodity Futures Trading Commission is asking the public for feedback on how it should address the availability of 24-hour trading as well as so-called perpetual derivatives that are sometimes used to speculate on the price of cryptocurrencies.

  • April 22, 2025

    Ark. Offers Credit For 50% Of New Payroll For HQ Relocations

    Arkansas created an income tax credit for businesses that relocate their corporate headquarters to the state equal to up to 50% of their payroll for qualifying employees under a bill signed by Gov. Sarah Huckabee Sanders.

  • April 22, 2025

    Venture Guides Clinches Second Fund With $262.5M In Tow

    Cooley LLP-led Venture Guides, a venture capital firm that invests in early-stage infrastructure software companies, on Tuesday revealed that it clinched its second fund after securing $262.5 million of investor commitments.

  • April 22, 2025

    Chase Bank Can't Ditch Claims It Aided $119M Ponzi Scam

    A California federal judge trimmed on Monday SiliconSage Builders LLC receiver's lawsuit accusing JPMorgan Chase of allegedly helping the now-defunct real estate developer carry out a massive $119 million Ponzi scheme, tossing an unjust enrichment claim, but allowing the bulk of the aiding-and-abetting allegations to survive.

  • April 22, 2025

    Nuclear Startup To Go Public Through $475M SPAC Deal

    Nuclear startup Terra Innovatum said Tuesday it plans to go public at a valuation of $475 million by merging with special purpose acquisition company GSR III Acquisition Corp., joining several industry peers to go public through a SPAC deal.

  • April 22, 2025

    3 Firms Build $7B Moss Adams, Baker Tilly Merger

    Advisory and tax giant Baker Tilly and accounting and wealth management firm Moss Adams LLP have announced plans to merge in a $7 billion deal built by three law firms, in a move the parties say will create the sixth-largest advisory CPA firm in the country.

  • April 22, 2025

    Parker-Hannifin Workers Asked For Input On 401(k) Fund Case

    Parker-Hannifin Corp. employees were asked Monday to respond to a petition seeking U.S. Supreme Court review of their recently revived 401(k) plan mismanagement allegations.

  • April 22, 2025

    GCM Grosvenor Wraps $1.3B Infrastructure Advantage Fund

    Private equity giant GCM Grosvenor on Tuesday announced that it successfully clinched its second infrastructure advantage fund after securing $1.3 billion of investor commitments.

  • April 22, 2025

    Mayer Brown, Kirkland Steer $10.6B Boeing Tech Asset Sale

    Boeing said Tuesday it has agreed to sell portions of its digital aviation solutions business to software-focused private equity investor Thoma Bravo in a $10.55 billion all-cash transaction steered by Mayer Brown LLP and Kirkland & Ellis LLP. 

  • April 21, 2025

    Trump Media Exec Seeks Penalties In 'Frivolous' Hacking Suit

    A board director for President Donald Trump's social media company and his associate urged a Florida federal court to impose sanctions in a "frivolous" lawsuit alleging they hacked a cloud server to steal documents used to oust the former CEO, saying their accusers can't show what information was allegedly taken.

  • April 21, 2025

    Asset Manager Admits Stealing $3M From Real Estate Cos.

    A Connecticut asset manager who helped clients buy and manage real estate portfolios has pled guilty to stealing nearly $3 million from entities in five states to fund his day trading endeavors, federal prosecutors announced Monday.

  • April 21, 2025

    YouTube's 'Nelk Boys' Want Suit Over NFTs Tossed

    A pair of influencers behind the YouTube channel "Nelk Boys" asked a California federal judge to toss a lawsuit brought by a buyer of their crypto product who claimed the promised benefits never materialized, arguing the complaint does not show the defendants made any claims that have not or will not be fulfilled.

  • April 21, 2025

    Sports Exec, Cynosure Group Team Up For $1.2B Sports Fund

    Private equity shop The Cynosure Group and Dave Checketts, the former owner of the NBA's Utah Jazz, on Monday unveiled a partnership that includes launching a new sports-focused private equity fund, with plans to target $1.2 billion in commitments.

  • April 21, 2025

    3 Firms Guide Brazilian Energy Producer's $155M SPAC Deal

    Brazilian oil refiner PX Energy on Monday agreed to merge with special purpose acquisition company Papaya Growth Opportunity Corp. I in a deal that will take PX public in the United States at an estimated $155 million value, guided by three law firms.

  • April 21, 2025

    Electra Secures $115M In Funding For Ultra Short Aircraft

    Aerospace company Electra.aero Inc. on Monday announced that it has clinched its Series B funding round after securing $115 million from investors, which will help the company enter its preproduction and certification phase of the "first-ever" Ultra Short aircraft.

  • April 21, 2025

    Navis Capital Partners Clinches $230M Next Generation Fund

    Southeast Asian private equity shop Navis Capital Partners said Monday it wrapped its latest fund with $230 million in total commitments.

  • April 21, 2025

    High Court Wants SG's Input On Home Depot ERISA Case

    The nation's highest court asked the U.S. solicitor general Monday to opine on whether it should hear a retirement plan mismanagement case from Home Depot workers who say the Eleventh Circuit wrongly required them to link financial losses to alleged breaches of fiduciary duty.

Expert Analysis

  • Series

    Law School's Missed Lessons: Preparing For Corporate Work

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    Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.

  • OCC Patriot Bank Order Spotlights AML Issues For Managers

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    The Office of the Comptroller of the Currency's focus on payments and prepaid card program managers in its recent consent order with Patriot Bank is noteworthy and shows regulators are unlikely to back down on enforcement related to Bank Secrecy Act/anti-money laundering, say attorneys at Troutman Pepper.

  • A Cold War-Era History Lesson On Due Process

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    The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.

  • Series

    Improv Makes Me A Better Lawyer

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    Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup.

  • How BigLaw Executive Orders May Affect Smaller Firms

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    Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.

  • Opinion

    Lawsuits Shouldn't Be Shadow Assets For Foreign Capital

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    Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.

  • How To Accelerate Your Post-Attorney Career Transition

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    Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.

  • How Tariffs May Affect Proxy Contests This Season

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    While global tariffs imposed by the Trump administration will certainly chill at least some activity this proxy season, and make defending contests significantly easier, there will likely be many new activist investments once there is more economic certainty, meaning more proxy fights this fall, say attorneys at Sidley.

  • A Closer Look At New NYSE, Nasdaq Listing Rule Changes

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    The U.S. Securities and Exchange Commission has recently approved changes to the New York Stock Exchange's and the Nasdaq's listing rules on reverse stock splits, minimum share price requirements and required liquidity for initial listings, meaning listed companies facing delisting will have fewer means to regain compliance, say attorneys at Cahill Gordon.

  • Opinion

    GENIUS Act Can Bring Harmony To Crypto-Banking Discord

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    ​​​​​​​By embracing crypto innovation while establishing appropriate guardrails, the so-called GENIUS Act charts a path forward that promotes financial inclusion and technological advancement without compromising stability or constitutional rights, says J.W. Verret at George Mason University's Antonin Scalia Law School.

  • Series

    Law School's Missed Lessons: Be An Indispensable Associate

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    While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.

  • SEC Confidential Review Process Provides Issuers Flexibility

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    The U.S. Securities and Exchange Commission's recently announced enhancements to the process for confidentially submitting draft registration statements will be immediately impactful for issuers seeking to access the public capital markets, and should provide more grounds to explore and plan public offerings, say attorneys at Lowenstein Sandler.

  • Series

    Birding Makes Me A Better Lawyer

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    Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q1

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    Among the most notable developments in California banking in the first quarter of the year, regulators and legislators issued regulations interpreting debt collection laws, stepped up enforcement actions, and expanded consumer protections for those affected by wildfires, says Stephen Britt at Severson & Werson.

  • How The ESG Investing Rule Survived Loper Bright, For Now

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    A Texas federal court's recent decision in Utah v. Micone upholding the U.S. Department of Labor's 2022 ESG investing rule highlights how regulations can withstand the post-Loper Bright landscape when an agency's interpretation of its statutorily determined boundaries is not granted deference, say attorneys at Miller & Chevalier.

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