Asset Management

  • January 27, 2026

    Full 11th Circ. Will Rehear Seafood Co. Workers' ESOP Suit

    The full Eleventh Circuit will rehear a proposed class of seafood company workers' bid to revive mismanagement allegations against their employer and an employee stock ownership plan trustee, the court said Tuesday, after a three-judge panel affirmed dismissal of the case in October.

  • January 27, 2026

    Ex-Wells Fargo Director Urges 4th Circ. To Keep $22M Verdict

    A former Wells Fargo director has asked the Fourth Circuit not to scrap his $22.1 million Americans with Disabilities Act verdict, arguing the bank failed to address one of his state law claims on appeal and can't rewrite how the jury weighed conflicting evidence and testimony.

  • January 27, 2026

    Mountain Lake's Second SPAC Raises Upsized $313M Offering

    Mountain Lake Acquisition Corp II, a blank-check company led by Axos Financial board chair Paul Grinberg, began trading Tuesday after pricing an upsized $313.2 million initial public offering.

  • January 27, 2026

    11th Circ. Scrutinizes Royal Caribbean's Defeat Of 401(k) Suit

    The Eleventh Circuit zeroed in Tuesday on whether a lower court had enough evidence to hand Royal Caribbean a pretrial win in a suit brought by cruise ship workers who alleged they lost 401(k) savings because of shoddy target-date investment funds.

  • January 27, 2026

    Kirkland-Led Leonard Green Gets $3.6B For Single-Asset Fund

    Leonard Green & Partners LP, advised by Kirkland & Ellis LLP, has announced it closed its inaugural investment program focused on single-asset continuation funds sponsored by third-party private equity managers, with $3.6 billion of commitments.

  • January 27, 2026

    Willkie Adds Private Equity Pro From Sidley Austin In LA

    Willkie Farr & Gallagher LLP has added a partner from Sidley Austin LLP to strengthen its capacity to advise private equity funds, asset managers and other clients about corporate transactions.

  • January 27, 2026

    EU Advances Brookfield, GIC's Australian Storage REIT Buy

    European regulators on Tuesday signed off on a proposed $2.6 billion buyout of Australian self-storage company National Storage REIT by Brookfield Asset Management and GIC, in a deal advised by Ashurst LLP and Clayton Utz.

  • January 27, 2026

    3 Firms Guide GigCapital's Latest SPAC, Raising $220M

    GigCapital9 Corp., the latest special purpose acquisition company led by serial SPAC sponsor Avi Katz, began trading publicly Tuesday after pricing its $220 million initial public offering.

  • January 26, 2026

    SEC Tells Judge Chat Records Bolster Its Short-Selling Claims

    The U.S. Securities and Exchange Commission is looking for an early victory on certain claims against an investment adviser and its managing partner accused of engaging in an illicit short-selling scheme, arguing the managing partner's online messages and his own admission that he'd made a "poor business decision" support a finding in its favor.

  • January 26, 2026

    Whole Foods $2M ERISA Deal OK'd, Class Counsel Get $666K

    A Texas federal judge signed off on a $2 million settlement between Austin-based Whole Foods and its employees, resolving a class action in which the company was accused of mismanaging employee 401(k) accounts by failing to negotiate for lower administrative fees.

  • January 26, 2026

    Bain-Controlled Bob's Discount Furniture Eyes $350M IPO

    Bob's Discount Furniture Inc. on Monday revealed plans to sell nearly 19.5 million shares of its common stock at an estimated $17 to $19 per share via an initial public offering, allowing the Connecticut-based retailer to potentially raise $350 million, assuming midpoint estimates.

  • January 26, 2026

    Anthem Seeks Dismissal Of 'Ghost Network' Class Action

    A proposed class action's allegations that Anthem Health Plans maintains inaccurate mental health directories known as ghost provider networks aren't true and are "legally deficient," the insurer and its parent company, Elevance Health Inc., argued while urging a Connecticut federal court to toss the suit.

  • January 26, 2026

    Bankrupt Biz Can't Avoid Pension Obligations, 4th Circ. Says

    A defunct construction business owes the International Painters and Allied Trades Industry Pension Fund about $1.6 million, a Fourth Circuit panel said Monday, affirming a lower court's decision that the fund's lawsuit seeking payment was filed on time.

  • January 26, 2026

    Pool Equipment Co. Reaches $20M Deal To End Investor Suit

    Pool equipment maker Hayward Holdings Inc. has reached a nearly $20 million deal with its investors to settle claims that it failed to properly disclose its struggles with ballooning inventory and lowered demand.

  • January 26, 2026

    DOL Asks 3rd Circ. To Back Siemens' 401(k) Forfeiture Suit Exit

    The U.S. Labor Department supported Siemens Corp.'s request that the Third Circuit affirm the dismissal of a proposed class action alleging the technology company's use of millions in forfeited 401(k) funds violated federal benefits law, agreeing with a lower federal court that the allegations reached beyond ERISA's scope.

  • January 26, 2026

    Paul Weiss, Foley & Lardner Steer IonQ's $1.8B SkyWater Deal

    Quantum computing company IonQ said Monday it has agreed to purchase U.S. semiconductor maker SkyWater Technology in a cash-and-stock transaction with a total equity value of approximately $1.8 billion.

  • January 26, 2026

    Davis Polk, Ropes & Gray Steer $2.4B PE-Backed Entrust Deal

    Davis Polk & Wardwell LLP-advised engineering firm Leidos on Monday unveiled plans to acquire private equity-backed consulting and engineering services platform Entrust Solutions Group, led by Ropes & Gray LLP, in a $2.4 billion all-cash deal.

  • January 26, 2026

    Gold Mining Businesses Merge In $372M Deal

    Gold and silver producer Gold Resource Corp. on Monday announced plans to be bought by Canadian-based mining company Goldgroup Mining Inc. in a $372 million deal.

  • January 23, 2026

    Coinbase Moves To End Suit Over SEC, 'Bankruptcy' Warnings

    Coinbase and its top brass have again urged a New Jersey federal judge to toss a class action alleging the cryptocurrency exchange misled investors about its regulatory risks and bankruptcy concerns, arguing investors were given enough notice about a U.S. Securities and Exchange Commission investigation and that new Third Circuit rulings undercut the suit's claims.

  • January 23, 2026

    Intel Case Sets Up Justices To Tackle 401(k) Benchmarks

    The U.S. Supreme Court's decision to take up a suit challenging target-date fund offerings in two Intel employee 401(k) plans gives benefits attorneys hope that clarity is coming on whether meaningful benchmarks are required to plead that investment underperformance breached fiduciary duties under federal benefits law.

  • January 23, 2026

    Taxation With Representation: Vinge, A&O Shearman, Cassels

    In this week's Taxation With Representation, Swedish private equity company EQT buys U.K. secondaries firm Coller Capital, biopharmaceutical giant GSK PLC acquires Rapt Therapeutics Inc., and fusion energy company General Fusion announces plans to go public by merging with special purpose acquisition company Spring Valley Acquisition Corp. III.

  • January 23, 2026

    Wealth Management Biz To Go Public Via $300M SPAC Merger

    Australian trading and wealth management technology company Openmarkets unveiled plans Friday to go public by merging with special purpose acquisition company Lake Superior Acquisition Corp. in a deal with an estimated enterprise value of $300 million.

  • January 23, 2026

    Latham, Davis Polk Guide Construction Gear Co.'s $747M IPO

    Construction equipment rental company EquipmentShare began trading Friday after raising $747 million at the midpoint of an expected range in an initial public offering guided by Davis Polk & Wardwell LLP and underwriters counsel Latham & Watkins LLP.

  • January 22, 2026

    TikTok Seals Joint Venture Deal For US Operations

    TikTok's Beijing-based owner, ByteDance, has sold a majority stake in the video app's U.S. operations to a new U.S.-based joint venture managed by a group of non-Chinese investors in order to comply with a congressional mandate and avoid the app's shutdown, the company announced Thursday.

  • January 22, 2026

    Mango Labs' 'Buyer's Remorse' Can't Undo SEC Settlement

    Crypto project Mango Labs can't cancel the terms of a nearly $700,000 settlement with the U.S. Securities and Exchange Commission just because the agency has pivoted away from crypto enforcement cases and left the project with "buyer's remorse," a Manhattan federal judge ruled.

Expert Analysis

  • Series

    Adapting To Private Practice: From Texas AUSA To BigLaw

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    As I learned when I transitioned from an assistant U.S. attorney to a BigLaw partner, the move from government to private practice is not without its hurdles, but it offers immense potential for growth and the opportunity to use highly transferable skills developed in public service, says Jeffery Vaden at Bracewell.

  • Advice For 1st-Gen Lawyers Entering The Legal Profession

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    Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.

  • What FDIC's Asset Threshold Raise Would Mean For Banking

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    If the Federal Deposit Insurance Corp. goes through with its plan to raise asset thresholds that determine regulatory intensity, it could free billions in compliance costs and bolster regional and community banks, but risk of oversight gaps are making this a contested area in banking policy, says Jessica Groza at Kohr Jackson.

  • 2nd Circ. Ruling Gives Banks Shield From Terrorism Liability

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    A recent Second Circuit dismissal strengthens the position of international banks facing claims they indirectly helped terrorist organizations and provides clearer guidance on the boundaries of secondary liability, but doesn't provide absolute immunity, say attorneys at Freshfields.

  • Patterns And Trends In Publicly Filed Insider Trading Policies

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    An assessment of insider trading policies filed by over 60 issuers reveals a range of common approaches and a few differences with respect to key policy terms, including the parties covered, the scope of prohibited activities and the exceptions to these prohibitions, say attorneys at Debevoise.

  • Series

    Coaching Cheerleading Makes Me A Better Lawyer

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    At first glance, cheerleading and litigation may seem like worlds apart, but both require precision, adaptability, leadership and the ability to stay composed under pressure — all of which have sharpened how I approach my work in the emotionally complex world of mass torts and personal injury, says Rashanda Bruce at Robins Kaplan.

  • How New Texas Law Targets ESG Proxy Advice

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    A recently enacted Texas law represents a major shift in how proxy advisory services are regulated in Texas, particularly when recommendations are based on nonfinancial factors like ESG and DEI, but legal challenges underscore the statute’s broader constitutional and statutory implications, say attorneys at Bracewell.

  • Series

    Law School's Missed Lessons: How To Make A Deal

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    Preparing lawyers for the nuances of a transactional practice is not a strong suit for most law schools, but, in practice, there are six principles that can help young M&A lawyers become seasoned, trusted deal advisers, says Chuck Morton at Venable.

  • From Clerkship To Law Firm: 5 Transition Tips For Associates

    Excerpt from Practical Guidance
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    Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.

  • Associates Can Earn Credibility By Investing In Relationships

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    As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.

  • How The Genius Act May Aid In Fight Against 'Pig Butchering'

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    ​​​​​​​The recently enacted Genius Act represents a watershed moment in the fight against crypto fraud, providing new tools to freeze and recover funds that are lost to scams such as "pig butchering" schemes executed from scam factories abroad, but there are implementation challenges to watch, say attorneys at Treanor Devlin.

  • Filing Clarifies FTC, DOJ's Passive Investment Stance

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    The antitrust agencies' statement of interest filed in Texas v. Blackrock clarifies that certain forms of corporate governance engagement are permissible under the "solely for investment" exemption, a move that offers guidance for passive investors but also signals new scrutiny of coordinated engagement, say attorneys at Stinson.

  • Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling

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    The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.

  • Series

    Quilting Makes Me A Better Lawyer

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    Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.

  • How Tariffs Can Affect Event Studies In Securities Litigation

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    When the control period is calm and the event window is stormy — often the case with breaking political or economic developments, like President Donald Trump's recent tariff announcements — traditional event study methodology can increase the risk of misleading conclusions in securities litigation, say economic consultants at NERA.

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