Asset Management

  • January 16, 2026

    Bioness $110M Sale Suit Heads to $8.9M Deal

    A Delaware Chancery Court class action challenging the $110 million sale of medical device maker Bioness Inc. to Bioventus Inc. is reaching a resolution through an $8.9 million proposed settlement, capping years of litigation over whether the deal was engineered to favor the company's controlling creditor at the expense of minority stockholders.

  • January 16, 2026

    Aerospace Biz TransDigm Gets 2 PE-Backed Cos. In $2.2B Deal

    Aircraft parts maker TransDigm Group Inc., led by BakerHostetler, on Friday announced plans to buy private equity-backed Jet Parts Engineering and Victor Sierra Aviation Holdings in a roughly $2.2 billion cash deal.

  • January 15, 2026

    Getty Loses 2nd Circ. Bid Over $88M Stock Sale Breach Order

    A divided Second Circuit on Thursday upheld a ruling requiring Getty Images to pay out nearly $88 million to investors who said they were blocked from purchasing shares in the company once it became public, finding Getty breached a contract promising the investors those shares.

  • January 15, 2026

    Ex-CEO Of COVID Vax Maker Accused Of Insider Trading

    New York Attorney General Letitia James on Thursday sued the former CEO of healthcare contractor Emergent BioSolutions Inc., alleging insider trading amid troubles manufacturing a COVID-19 vaccine, while signing a $900,000 settlement with the company over its approval of an executive trading plan.

  • January 15, 2026

    Simpson Thacher Guides New Mountain's $1.2B Fund Close

    New Mountain Capital LLC, guided by Simpson Thacher & Bartlett LLP, has closed its second noncontrol private equity fund with $1.2 billion raised, aiming to use the funds to target companies in industries such as healthcare technology and life sciences, the alternative investment firm announced on Thursday.

  • January 15, 2026

    $332M Colgate-Palmolive Pension Deal Nabs Final Nod

    A New York federal judge handed final approval to a $332 million deal ending a class action accusing Colgate-Palmolive of shorting retirees who opted for lump-sum payments, but has yet to rule on the pensioners' attorneys' bid for $99 million in fees.

  • January 15, 2026

    Trucking Brokers Ordered To Pay $1.5M Over Ponzi Scheme

    A Florida federal judge on Thursday ordered two men connected to a scheme involving a trucking and logistics business to pay nearly $1.5 million to the U.S. Securities and Exchange Commission, which accused the pair of illegally selling most of the $112 million worth of unregistered securities to victims in a fraud targeting Haitian Americans.

  • January 15, 2026

    DOL's Benefits Arm Describes New Enforcement Focus

    The U.S. Department of Labor's employee benefits arm Thursday outlined a shift in its enforcement priorities, including by ending a focus on employee stock ownership plans.

  • January 15, 2026

    Playlist, EGYM Merging To Create $7.5B Wellness Platform

    Fitness and wellness company Playlist has agreed to merge with German fitness technology company EGYM in a deal that will value the combined business at $7.5 billion, the companies announced Thursday.

  • January 15, 2026

    HIG Capital Clinches €1.6B European-Focused PE Fund

    Private equity shop H.I.G. Capital, advised by McDermott Will & Schulte, on Thursday announced that it wrapped its fourth European-focused fund after raising €1.6 billion ($1.9 billion) of investor commitments.

  • January 15, 2026

    SEC Taps Ex-BlackRock, GSA Atty To Be General Counsel

    The U.S. Securities and Exchange Commission announced Thursday a former BlackRock senior attorney and U.S. General Services Administration top lawyer will be its next general counsel, as the agency gets underway with a regulatory agenda that prioritizes easing administrative burdens and facilitating capital formation.

  • January 15, 2026

    7th Circ. Backs $22M Restitution For Convicted Fraudster

    The Seventh Circuit on Wednesday affirmed a lower court's order that a man convicted of a fraudulent investment scheme causing investors to lose roughly $23 million must fork over $21.6 million in restitution, finding he had waived his challenge to the amount the district judge credited for what had already been recovered.

  • January 15, 2026

    3 Firms Steer Talen's $3.45B Natural Gas Assets Buy

    Independent power producer Talen Energy Corp. on Thursday announced plans to acquire a trio of assets from energy-focused investment firm Energy Capital Partners, in a $3.45 billion cash-and-stock deal that will add 2.6 gigawatts of natural gas generation capacity to Talen's portfolio.

  • January 15, 2026

    Digital Infrastructure Biz Nets $240M For Data Center Expansion

    Digital infrastructure company DC Blox obtained $240 million worth of holdco financing in order to support the company's plan to expand hyperscale data centers, the company has announced.

  • January 15, 2026

    House OKs Restricting ESG Investment In 401(k) Plans

    The U.S. House of Representatives greenlighted a bill Thursday that would restrict how retirement plan managers can consider environmental, social and governance issues when picking investments, codifying a 2020 U.S. Department of Labor rule requiring a sole focus on financial risk factors.

  • January 14, 2026

    Judge Asks If Execs 'Blindsided' Truist With Mass Exodus

    A North Carolina business judge on Wednesday repeatedly returned to whether three former executives who led Truist's real estate finance arm ever revealed to the bank that they were in "secret" talks to join a competitor and bring dozens of their colleagues with them, signaling he'd let a jury decide if the mass exodus is to blame for the business's alleged losses.

  • January 14, 2026

    Lowenstein Sandler Guides Alpaca's $150M Series D

    Alpaca, a brokerage technology company, announced Wednesday that it had raised $150 million in a Series D round that valued the company at $1.2 billion in a deal steered by Lowenstein Sandler LLP.

  • January 14, 2026

    Czech Co. Seeks $873M IPO On Defense Spending Wave

    Prague-based defense company Czechoslovak Group said Wednesday that it plans to raise some $873 million by listing on Euronext Amsterdam in the coming weeks in an initial public offering following rising defense spending from European and NATO governments.

  • January 14, 2026

    NY Man Gets 3 Years For Posing As Exec To Cash Tax Refund

    A Massachusetts federal judge sentenced a New York man Wednesday to more than three years in prison for impersonating an executive of a real estate investment firm to cash the firm's tax refund of more than $800,000.

  • January 14, 2026

    MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners

    The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.

  • January 14, 2026

    $9.6M Deal Over Capital One 401(k) Forfeitures Gets 1st OK

    A New York federal judge preliminarily approved Capital One Financial Corp.'s $9.6 million settlement to end a proposed class action alleging it improperly used $42.65 million in forfeited employee funds that were paid into the company's retirement plan to reduce its own contributions instead of curtailing administrative costs. 

  • January 14, 2026

    Sixth Street Closes European Fund With €3.75B In Tow

    Private equity shop Sixth Street, advised by Cleary Gottlieb Steen & Hamilton LLP, on Wednesday announced that it wrapped its third European direct lending fund at its hard cap with €3.75 billion ($4.37 billion) of committed capital.

  • January 14, 2026

    Alternative Asset 401(k) Investing Rule Sent To OMB

    The White House Office of Management and Budget is reviewing a proposed rule from the U.S. Department of Labor's employee benefits arm related to fiduciary duties involved with alternative asset investing in 401(k)s, marking the last hurdle before the regulations' release for public comment. 

  • January 14, 2026

    Crypto Network Cofounder Sued In Del. Over Looting Claims

    A shareholder and cofounder of cryptocurrency-associated cloud business Cerebellum Networks has sued another cofounder and associates in Delaware's Court of Chancery, claiming systematic diversion of some $58 million in "Cere" token assets through an alleged looting of corporate wallets via secret token dumps and other schemes.

  • January 14, 2026

    Simpson Thacher-Led Coller Capital Wraps $17B Fund

    Private market secondaries manager Coller Capital, advised by Simpson Thacher & Bartlett LLP, revealed that it has clinched its largest fund ever after securing $17 billion of capital commitments, bringing the firm's total assets under management to $50 billion.

Expert Analysis

  • SEC, FINRA Obligations In Changing AI Regulatory Landscape

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    Despite the U.S. Securities and Exchange Commission's recent withdrawal of its proposed artificial intelligence conflict rules, financial regulators remain focused on firms developing the correct AI compliance framework, as well as continuously testing and supervising them to ensure they're fit for purpose, say attorneys at Cahill Gordon.

  • Series

    Playing Baseball Makes Me A Better Lawyer

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    Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success as a trial attorney, says Kevan Dorsey at Swift Currie.

  • Managing Risks As State AGs Seek To Fill Enforcement Gap

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    Given an unprecedented surge in state attorney general activity resulting from significant shifts in federal enforcement priorities, companies must consider tailored strategies for navigating the ever-evolving risk landscape, say attorneys at Cozen O'Connor.

  • A Deep Dive Into 14 Nixed Gensler-Era SEC Rule Proposals

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    The U.S. Securities and Exchange Commission last month formally withdrew 14 notices of proposed rulemaking, including several significant and widely criticized proposals that had been issued under former Chair Gary Gensler's leadership, signaling a clear and definitive shift away from the previous administration, say attorneys at Dechert.

  • Series

    Law School's Missed Lessons: Skillful Persuasion

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    In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.

  • A Look At Trump 2.0 Antitrust Enforcement So Far

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    The first six months of President Donald Trump's second administration were marked by aggressive antitrust enforcement tempered by traditional structural remedies for mergers, but other unprecedented actions, like the firing of Federal Trade Commission Democrats, will likely stoke heated discussion ahead, says Richard Dagen at Axinn.

  • How Real Estate Funds Can Leverage Del. Statutory Trusts

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    Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.

  • Litigation Inspiration: How To Respond After A Loss

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    Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.

  • While On Firmer Ground, Uncertainty Remains For SEC's ALJs

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    The U.S. District Court for the District of Columbia's recent opinion in Lemelson v. U.S. Securities and Exchange Commission affirmed the legitimacy of the SEC's administrative proceedings, but pointedly left unanswered the constitutional merits of tenure protection enjoyed by SEC administrative law judges — potentially the subject of future U.S. Supreme Court review, says Dean Conway at Carlton Fields.

  • Tips For Cos. From California Climate Reporting FAQ

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    New guidance from the California Air Resources Board on how businesses must implement the state's sweeping climate reporting requirements should help companies assess their exposure, understand their disclosure obligations and begin documenting good-faith compliance efforts, says Thierry Montoya at Frost Brown.

  • Why SEC Abandoned Microcap Convertible Debt Crackdown

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    The U.S. Securities and Exchange Commission has recently dismissed several cases targeting microcap convertible debt lenders, a significant disavowal of what was a controversial enforcement initiative under the Biden administration and a message that the new administration will focus on clear fraud, say attorneys at O'Melveny.

  • The Metamorphosis Of The Major Questions Doctrine

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    The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring.

  • GENIUS Act Creates 'Commodity' Uncertainty For Stablecoins

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    Half a century ago, Congress made trading in onion futures on commodity exchanges unlawful, and payment stablecoins could soon face a similarly unstable fate in the markets as the GENIUS Act heads to the president's desk for signature, says Peter Malyshev at Cadwalader.

  • Series

    Playing Mah-Jongg Makes Me A Better Mediator

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    Mah-jongg rewards patience, pattern recognition, adaptability and keen observation, all skills that are invaluable to my role as a mediator, and to all mediating parties, says Marina Corodemus.

  • Business Court Bill Furthers Texas' Pro-Corporate Strategy

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    The Texas Legislature's recent bill to enhance corporate protections and expand access to the Texas Business Court by refining its jurisdictional standards is just the latest step in the state's playbook for becoming the new center of corporate America, say attorneys at Katten.

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