Asset Management

  • April 14, 2026

    Red State AGs Fight Bid To Trim Suit Against BlackRock

    Republican attorneys general are opposing a bid by BlackRock and State Street to trim a suit accusing the asset managers of driving up coal prices, arguing that the firms' assertion that the suit cannot get past the U.S. Supreme Court's decision on federal antitrust damages claims is incorrect.

  • April 14, 2026

    Proxy Co. Sues Ind. AG Over 'Unconstitutional' Disclosure Law

    Institutional Shareholder Services Inc. has sued Indiana's attorney general over a law the proxy adviser said violates the First and Fourteenth amendments and imposes onerous disclosure requirements for issuing recommendations that go against the preferred outcome of corporate managers.

  • April 14, 2026

    Lead-Plaintiff Fight Comes First In LRN Suit, Chancery Says

    The Delaware Chancery Court signaled Tuesday that it will prioritize sorting out who can lead a long-running stockholder suit against LRN Corp.'s leaders before turning to the merits, as the judge pushed the parties toward a structured path forward after years of procedural detours.

  • April 14, 2026

    Davis Polk-Led Lightyear Capital Raises $2.5B For 6th Fund

    Davis Polk & Wardwell LLP-advised middle market private equity shop Lightyear Capital on Tuesday announced that it closed its sixth fund at its hard cap after securing $2.5 billion of investor commitments.

  • April 14, 2026

    Eli Lilly To Purchase Cooley-Led CrossBridge In $300M Deal

    Venture-backed pre-clinical biotechnology firm CrossBridge Bio Inc., advised by Cooley LLP, on Tuesday announced that it has agreed to be bought by pharmaceutical giant Eli Lilly & Co. in a deal worth up to $300 million.

  • April 14, 2026

    Vehicle Co. Inks $150K Deal To End Tobacco Fee Suit

    International Motors LLC, formerly Navistar, has agreed to pay $150,000 to resolve a suit claiming the company illegally charged workers an extra $600 a year if they used tobacco without giving them a proper avenue to dodge the fee, according to an Illinois federal court filing.

  • April 13, 2026

    Citron's 'Shadowy Gang' Sued Over Short Selling Campaign

    Shareholders of PolarityTE have alleged in a new suit that "members of a shadowy gang of short sellers" conspired to short the biotechnology company's stock through targeted negative media attacks with Citron Research to enrich themselves at the expense of the shareholders, and that they ultimately caused the company's bankruptcy.

  • April 13, 2026

    Spain Faces Enforcement Of €77M Renewable Energy Award

    A D.C. federal judge has refused to disallow subpoenas issued against Spain by Blasket Renewable Investments LLC as the creditor looks to capture Spanish assets to enforce an arbitral award of about €77 million ($90 million) under the Energy Charter Treaty.

  • April 13, 2026

    White House Study Minimizes Stablecoin Risk, ABA Says

    The American Bankers Association pushed back Monday on a recent White House study that found banning stablecoin yield programs wouldn't have much benefit for bank lending, saying the study downplayed the risks from such programs by asking the "wrong question" about them.

  • April 13, 2026

    Ex-Twitter Executive Ends $20M Suit Against X Corp., Musk

    Twitter's former chief marketing officer has agreed to drop her $20 million severance suit, which defendants X Corp. and Elon Musk had appealed to the Ninth Circuit seeking to force arbitration, after parties reported a settlement of their dispute late last month.

  • April 13, 2026

    26North Wraps $5.9B Debut PE Fund Above Target

    New York-based private equity shop 26North Partners LP announced Monday that it has closed its inaugural private equity fund above target with $5.9 billion in tow.

  • April 13, 2026

    Symetra Inks $44.4M Deal With AME Church Employees

    Symetra Life Insurance Co. will pay $44.4 million to end multidistrict litigation from a class of African Methodist Episcopal Church workers who alleged that mismanagement of their annuity retirement plan allowed a rogue employee to embezzle $90 million, according to filings in Tennessee federal court.

  • April 13, 2026

    Senior Housing, Healthcare REIT Seeks $1.1B Value In IPO

    Real estate investment trust National Healthcare Properties Inc. is seeking to reach a valuation of about $1.1 billion in an upcoming initial public offering advised by Paul Weiss Rifkind Wharton & Garrison LLP, Greenberg Traurig LLP and Sidley Austin LLP.

  • April 10, 2026

    SEC Suit Over $200M Water Machine Scheme Put On Ice

    A New York federal judge on Friday paused the U.S. Securities and Exchange Commission's civil suit against an Indiana man accused of participating in a $200 million Ponzi scheme, ruling that allowing discovery to go forward could interfere with the government's parallel criminal case.

  • April 10, 2026

    Big Banks Say They Were Victims Of Tricolor Fraud Scheme

    JPMorgan, Barclays and Fifth Third have urged a New York federal judge to toss an investor suit claiming the banks ignored flaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings, arguing that they were also victims of the fraud and not aware of the scheme despite being sophisticated financial institutions.

  • April 10, 2026

    11th Circ. Sinks Firm's $1.5M Win Over 'Illegal' ESOP Advice

    The Eleventh Circuit threw out a $1.5 million verdict awarded to a financial advisory firm that alleged its former client backed out of an employee stock ownership plan contract, ruling Friday that the firm could not recover for the cost of the "illegal investment advice" it furnished.

  • April 10, 2026

    Kirkland-Led Arcmont Wraps $2.5B Continuation Vehicle

    Kirkland & Ellis LLP-advised Arcmont Asset Management, a European private credit asset management firm, on Friday announced that it closed its latest credit continuation vehicle after securing $2.5 billion from investors.

  • April 10, 2026

    Drone Co. Aevex Eyes $312M IPO Amid Defense Tech Surge

    Drone-maker Aevex Corp. on Thursday announced plans for an estimated $312 million initial public offering steered by a Kirkland & Ellis LLP team as well as Latham & Watkins LLP advising the underwriters.

  • April 10, 2026

    Don't Miss It: Kirkland, Simpson Thacher Steer Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals. Law360 recaps the ones you may have missed, including transactions helmed by Kirkland & Ellis and Simpson Thacher & Bartlett.

  • April 10, 2026

    Kirkland-Led Leeds Closes $1.9B Fund For Education Buyouts

    Leeds Equity Partners said Friday that it has closed its latest flagship fund with commitments of approximately $1.9 billion, surpassing its $1.4 billion predecessor, with legal guidance from Kirkland & Ellis LLP.

  • April 10, 2026

    Elevance Can't Nix Suit Over GLP-1 Coverage For Sleep Apnea

    An Indiana federal judge declined to toss a proposed class action claiming Elevance Health Inc. illegally denied coverage for a GLP-1 weight loss medication that was prescribed to treat sleep apnea, ruling that the insurance company is the right party to answer to the allegations at play.

  • April 10, 2026

    2 Firms Guide Mexican Resi REIT's $15M IPO

    Greenberg Traurig LLP announced Thursday that it and Galicia Abogados SC advised Park Life Properties' 267 million pesos ($15.4 million) initial public offering, in Mexico's first residential rental-focused real estate investment trust IPO.

  • April 10, 2026

    Taxation With Representation: Goodwin, CMS, Wilson Sonsini

    In this week's Taxation With Representation, Gilead Sciences Inc. acquires clinical-stage biotechnology company Tubulis GmbH, private equity firm Court Square Capital Partners closes a multibillion-dollar fund and Neurocrine Biosciences Inc. buys rare-disease drugmaker Soleno Therapeutics Inc.

  • April 10, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen the owner of an oil tanker stuck in the Strait of Hormuz sued by an energy company and an insurer, law firm Boodle Hatfield LLP and two Serle Court barristers sued by a group of Winston Churchill's great-grandchildren, and Welsh Water hit with a fresh class action over polluted rivers.

  • April 09, 2026

    Deloitte Punishes Parents For Taking Leave, Ex-Worker Says

    A former Deloitte employee filed a proposed class action in California federal court on Thursday claiming the consulting giant's performance metrics ultimately shortchange parents who've taken leave, and that that's a problem because compensation is based on those performance metrics.

Expert Analysis

  • CFTC's No-Action Relief Fuels Energy Market Competition

    Author Photo

    The U.S. Commodity Futures Trading Commission recently launched a pilot program aimed at expanding access to energy markets, reflecting a shift toward supporting robust derivatives markets that balance regulatory safeguards with the needs of commodity end users, say attorneys at Moore & Van Allen.

  • 6 Noteworthy Changes From SEC Enforcement Manual Update

    Author Photo

    Recent updates to the U.S. Securities and Exchange Commission’s enforcement manual represent a commitment to transparency and fair process, with the signature change being a requirement that staff make certain probative evidence available during the Wells process, say attorneys at Debevoise.

  • Series

    Coaching Soccer Makes Me A Better Lawyer

    Author Photo

    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

  • Series

    Law School's Missed Lessons: The Human Element

    Author Photo

    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • How DExit, Mandatory Arbitration Could Alter IPO Outlook

    Author Photo

    As companies continue to leave Delaware and the U.S. Securities and Exchange Commission begins allowing companies to implement mandatory arbitration provisions, these developments could have a major impact on the initial public offering, securities class action, and directors and officers insurance landscapes, says Walker Newell at Arthur J. Gallagher & Co.

  • The Benefits Of Choosing A Niche Practice In The AI Age

    Author Photo

    As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.

  • Series

    Podcasting Makes Me A Better Lawyer

    Author Photo

    Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.

  • AG Watch: Ohio Targets DEI Policies

    Author Photo

    As Ohio Attorney General Dave Yost seeks to eliminate diversity, equity and inclusion programs in both public education institutions and private companies, Ohio entities must carefully navigate this constantly evolving, highly contentious topic to avoid litigation while also not forfeiting their core principles, say attorneys at BakerHostetler.

  • Assessing Ruling On SEC Industry Bars In Post-Jarkesy World

    Author Photo

    According to a D.C. federal court in Sztrom v. U.S. Securities and Exchange Commission, the U.S. Supreme Court's 2024 decision in SEC v. Jarkesy did not eliminate the commission's ability to pursue industry bars through administrative follow-on proceedings, a major blow for future Article 3 challenges — so long as it stands, say attorneys at Venable.

  • How Banks Can Apply FinCEN Beneficial Ownership Relief

    Author Photo

    A recent Financial Crimes Enforcement Unit order limiting the circumstances under which banks should identify and verify beneficial owners may allow banks to tailor their approach to verification compliance, but only after reviewing customer due diligence policies and evaluating alignment with their risk profiles, say attorneys at Cleary.

  • Series

    Volunteering With Scouts Makes Me A Better Lawyer

    Author Photo

    Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.

  • Series

    Law School's Missed Lessons: In Court, It's About Storytelling

    Author Photo

    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

  • How Leveraged Lending Pivot May Alter Bank Risk Oversight

    Author Photo

    The Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency's recent withdrawal of leveraged lending guidance introduces several principles that may allow banks to better apply enterprisewide risk management programs and potentially create additional competition in the private credit loan market, say attorneys at Mayer Brown.

  • How Recent Del. Rulings Clarify M&A Deal Fraud Carveouts

    Author Photo

    Two recent Delaware decisions have provided clarity regarding when a party can or cannot rely on representations made during the course of an M&A transaction, particularly on the scope and enforceability of antireliance provisions, and on representations they knew or should have known were false, says Anthony Boccamazzo at Olshan Frome.

  • Aligning Microsoft Tools With NYC Bar AI Recording Guidance

    Author Photo

    The New York City Bar Association’s recently issued formal opinion, providing ethical guidance on artificial intelligence-assisted recording, transcription and summarization, raises immediate questions about data governance and e-discovery for companies that use Microsoft 365 and Copilot, say Staci Kaliner, Martin Tully and John Collins at Redgrave.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Asset Management archive.