Asset Management

  • February 23, 2026

    5 Firms Guide Finnish Firm IQM Quantum's $1.8B SPAC Deal

    Quantum computing company IQM Finland Oy announced Monday it is planning to go public in the U.S. by merging with special purpose acquisition company Real Asset Acquisition Corp. in a $1.8 billion transaction led by five law firms.

  • February 23, 2026

    Amherst Residential Legal Head Joins Morgan Lewis In DC

    The former head of legal at The Amherst Group's residential affiliate has joined Morgan Lewis & Bockius LLP as a partner in its Washington, D.C., office, where he will focus on securitization, asset management and corporate finance legal matters, the firm announced Monday.

  • February 23, 2026

    Kirkland, Jones Day Build $1.1B Hospice Take-Private Deal

    Home health and hospice provider Enhabit Inc., advised by Jones Day, on Monday unveiled plans to go private following a sale to middle market private equity firm Kinderhook Industries LLC, led by Kirkland & Ellis LLP, in an all-cash deal valued at roughly $1.1 billion.

  • February 20, 2026

    Epstein's Advisers Ink $35M Deal With Sex Trafficking Victims

    A class of victims of Jeffrey Epstein's sex trafficking scheme has asked a New York federal judge to grant the first OK in a settlement reached with Epstein's lawyer and accountant, who allegedly aided him in the scheme.

  • February 20, 2026

    Getty Wants 2nd Circ. To Rehear $100M Investor Dispute

    Getty Images is calling for a possible full Second Circuit review of a ruling requiring it to pay nearly $100 million to investors who said they were blocked from purchasing shares in the company once it became public, arguing that the court's decision threatens to "upend securities law."

  • February 20, 2026

    Shoddy 401(k) Funds Cost Stifel Workers $134M, Suit Says

    Stifel Financial Corp. allowed its workers to face up to $134 million in losses by failing to boot poorly performing investment funds from its retirement plan in violation of federal benefits law, according to a Friday suit filed in Missouri federal court.

  • February 20, 2026

    Middle-Market Private Data Sector Poised For M&A Growth

    As demand for insight into the opaque corners of the financial world accelerates, buyers are increasingly zeroing in on middle-market private market data providers, where attorneys say consolidation is poised to intensify.

  • February 20, 2026

    1st Circ. Backs $42M Penalty In Penny Stock Fraud Case

    The First Circuit has upheld a total of $42 million in disgorgement awards against five people involved in a string of pump-and-dump schemes, finding the U.S. Securities and Exchange Commission adequately supported its "approximations" of the defendants' profits.

  • February 20, 2026

    Kennedy Wilson Investor Sues To Block $1.65B Take-Private

    A Kennedy-Wilson Holdings Inc. stockholder has sued in the Delaware Chancery Court to block the company's $1.65 billion take-private deal, arguing that the transaction violates Delaware's anti-takeover statute and cannot legally proceed without a supermajority vote of disinterested investors.

  • February 20, 2026

    Apollo Invests $1B In 5th Contribution To UAE Developer

    Asset manager Apollo said Friday that it has invested $1 billion in UAE real estate developer and investment firm Aldar Properties — the fifth such investment from Apollo into the company.

  • February 19, 2026

    Feds Rest In Ex-Morgan Stanley Adviser's NBA Fraud Trial

    Manhattan federal prosecutors on Thursday rested their case against a former Morgan Stanley investment adviser who's accused of defrauding NBA players out of millions of dollars by secretly profiting off their insurance investments and diverting client funds for his own use.

  • February 19, 2026

    FNB Affiliate Denied Injunction Over Noncompete Clauses

    The Pennsylvania Superior Court has ruled that a First National Bank wealth management subsidiary was not entitled to an injunction seeking to block three of its former financial advisers from working for a competitor, holding that they did not violate their restrictive covenants.

  • February 19, 2026

    SEC Says Calif. Man Dragging Feet On Fraud Suit Settlement

    The U.S. Securities and Exchange Commission has moved to reopen a securities fraud case accusing a California man of misappropriating more than $1.6 million from investors through five real estate funds, saying that despite reaching a settlement in principle a few months ago, the defendants have failed to finalize the agreement.

  • February 19, 2026

    NYC Pension Funds Sue AT&T Over Proxy Proposal Exclusion

    Several New York City pension funds have sued AT&T over what they say is the illegal exclusion of their shareholder proposal requesting a corporate diversity report from the telecom giant's corporate ballot, following an indication that regulators would allow the exclusion.

  • February 19, 2026

    SEC's Peirce Calls For Crypto-Updated Liquidity Rule

    U.S. Securities and Exchange Commission member Hester Peirce, the leader of the agency's crypto task force, called Thursday for public feedback on how the agency might apply a rule on broker liquidity to firms that choose to keep stablecoins on hand.

  • February 19, 2026

    Steve Young's PE Firm Closes Fund With $3.2B Raised

    HGGC LLC, a middle-market private equity firm co-founded by Pro Football Hall of Famer Steve Young, has closed its fifth fund after raising $3.2 billion, which surpassed its $2.5 billion fundraising target, the firm announced Thursday.

  • February 19, 2026

    Energy Startup Targets Binance, Banks In Loan Fraud Claims 

    Connecticut-based clean energy startup Palm Energy Systems LLC has filed a racketeering lawsuit against cryptocurrency exchange Binance Holdings Ltd., its once-imprisoned former CEO Changpeng Zhao and two banks, alleging they either enabled or failed to stop a cash and Bitcoin financing fraud scheme that drained $400,000 from its accounts.

  • February 19, 2026

    Trader Joe's Wants To Check Out Of 401(k) Class Claims

    Trader Joe's asked a Massachusetts federal judge to free it from a class action claiming mismanagement of an employee retirement plan, saying participants haven't shown they were harmed by fees or one mutual fund option that had posted lackluster returns.

  • February 19, 2026

    Activists Elliott, Jana Make Latest Moves, And Other Rumors

    The past week may have been light on mega-merger rumors, but a slate of activist investor moves showed that the ingredients for future dealmaking may be quietly coming together.

  • February 18, 2026

    Robinhood Clears Fla. AG Probe Of Crypto Platform Marketing

    Robinhood Markets Inc. told investors on Wednesday that Florida's attorney general has closed an investigation into the marketing practices of its crypto trading arm, ending a probe that had scrutinized whether the company misled customers about trading costs.

  • February 18, 2026

    SEC Plans To Repeal Biden-Era Rule On ESG Fund Names

    The U.S. Securities and Exchange Commission on Wednesday proposed a number of changes that would impact regulated funds, including one that would overturn a Biden administration rule requiring funds that hold themselves out as sustainable or socially conscious to invest the majority of their money in the causes they tout.

  • February 18, 2026

    US, Japan Announce $36B In Projects As Part Of Trade Deal

    Japan and its companies will undertake new investments in U.S. manufacturing and energy production facilities that total nearly $36 billion, the U.S. and Japanese governments announced as part of a framework trade agreement and confirmed Wednesday. 

  • February 18, 2026

    Former SEC Deputy Director Joins Paul Weiss

    Paul Weiss Rifkind Wharton & Garrison LLP announced on Wednesday that it has hired a former federal prosecutor who recently stepped down as deputy director of enforcement at the U.S. Securities and Exchange Commission.

  • February 18, 2026

    5 Firms Shape Kennedy Wilson's $1.65B Take-Private Deal

    Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal advised by five law firms.

  • February 18, 2026

    Retirees' Attys Get $99M Cut Of Colgate-Palmolive ERISA Deal

    A New York federal judge has signed off on a $99 million request from attorneys representing Colgate-Palmolive retirees who sought fees, expenses and other costs from an overall $332 million megadeal, ending claims the company skimped on pensioners' lump-sum retirement payouts.

Expert Analysis

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split

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    The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.

  • SEC Crypto Custody Relief Offers Clarity For Funds

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    A recent U.S. Securities and Exchange Commission staff letter supplies a workable path for registered investment advisers and funds seeking to offer crypto custody services by using state trust companies, and may portend additional useful guidance regarding crypto custody, say attorneys at Morgan Lewis.

  • DOJ's UnitedHealth Settlement Highlights New Remedies Tack

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    The use of divestitures and Hart-Scott-Rodino Act compliance in the recent U.S. Department of Justice settlement with UnitedHealth Group and Amedisys underscores the DOJ Antitrust Division's willingness to utilize merger remedies under the second Trump administration, say attorneys at Buchanan Ingersoll.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

  • TikTok Divestiture Deal Revolves Around IP Considerations

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    The divestiture deal between the U.S. and China to resolve a security dispute over TikTok's U.S. operations is seen as a diplomatic breakthrough, but its success hinges on the treatment of intellectual property and may set a precedent in the global contest over digital sovereignty and IP control, say attorneys at Brownstein Hyatt.

  • Series

    Practicing Stoicism Makes Me A Better Lawyer

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    Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.

  • How Courts Treat Nonservice Clauses For Financial Advisers

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    Financial advisers considering a job change should carefully consider recent cases that examine controlling state law for nonservice and nonacceptance provisions to prepare for potential legal challenges from former firms, says Andrew Shedlock at Kutak Rock.

  • Series

    The Biz Court Digest: Texas, One Year In

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    A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.

  • Series

    Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • Opinion

    It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Series

    Writing Novels Makes Me A Better Lawyer

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    Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.

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