Asset Management

  • November 20, 2025

    2 Firms Guide Abbott's $23B Deal With Cologuard Maker

    Wachtell Lipton Rosen & Katz and Skadden Arps Slate Meagher & Flom LLP are steering Abbott's planned $23 billion acquisition of Exact Sciences, in a deal announced Thursday that will give the medical device maker an immediate foothold in fast-growing U.S. cancer screening markets.

  • November 20, 2025

    Winston-Led Mosaic Capital Secures $205M For 2nd Fund

    Winston & Strawn LLP-advised private equity shop Mosaic Capital Partners LLC said Thursday that it closed its second small business investment company fund with $205 million in tow.

  • November 19, 2025

    FDIC Can't Have Advisory Jury In $1.9B Fight With SVB Trust

    A California federal judge Wednesday denied the Federal Deposit Insurance Corp.'s request that she empanel an advisory jury in a suit looking to force the agency to return some $1.9 billion in frozen deposits to the former operator of Silicon Valley Bank, finding "no compelling reasons" to do so.

  • November 19, 2025

    YouTube's 'Nelk Boys' Can't Nix Crypto Fraud Claims

    The influencers behind the YouTube channel "Nelk Boys" must face civil fraud and conspiracy claims stemming from a $23 million offering and sale of digital assets, in a lawsuit a buyer has brought alleging they largely failed to make good on delivering certain perks they promised purchasers.

  • November 19, 2025

    Trump's CFTC Nom Grilled On Possible Crypto Leadership

    President Donald Trump's nominee to lead the U.S. Commodity Futures Trading Commission was asked by senators on Wednesday whether the agency has enough money and staff to be handed the keys to crypto market oversight, but Michael Selig declined to commit to pushing for additional funding or for a full complement of commissioners if confirmed.

  • November 19, 2025

    Lawmakers Urge High Court To Curb SEC's Receivership Powers

    A group of Republican lawmakers is urging the U.S. Supreme Court to take up a Texas businessman's case challenging the U.S. Securities and Exchange Commission's ability to place businesses into court-appointed receivership before a trial.

  • November 19, 2025

    SEC Enforcement Actions Plunged After Gensler, Report Says

    The U.S. Securities and Exchange Commission brought far fewer enforcement actions against public companies and subsidiaries after its Biden-era leader Gary Gensler departed, with the former chair bringing 52 of the 56 actions the agency initiated in fiscal 2025 despite stepping down in January.

  • November 19, 2025

    Crypto Exchange Kraken Files Confidential IPO Plans

    Crypto exchange Kraken said Wednesday that it has confidentially filed with the U.S. Securities and Exchange Commission for an initial public offering, hot off an $800 million funding round.

  • November 19, 2025

    Pa. Health Network's $1.15M 401(k) Suit Deal Gets Initial OK

    A healthcare system Wednesday secured initial approval from a Pennsylvania federal court for a $1.15 million settlement agreement that would resolve a proposed class action alleging the company misused forfeited retirement plan funds and allowed the plan's administrative costs to soar.

  • November 19, 2025

    GTCR Wants FTC's In-House Merge Case Withdrawn Too

    GTCR BC Holdings LLC wants the Federal Trade Commission to rethink its in-house challenge to a medical coatings supplier merger after an Illinois federal judge refused a temporary block and the FTC opted not to appeal that rejection.

  • November 19, 2025

    Alkermes, Avadel Bump Deal To $2.37B After Alternate Bid

    Alkermes PLC said on Wednesday that its agreement to purchase Avadel Pharmaceuticals PLC has been increased to as much as $2.37 billion after a third party threw an alternate bid into the mix. 

  • November 19, 2025

    3 Firms Lead Churchill Capital's Latest $300M SPAC Filing

    Special purpose acquisition company Churchill Capital Corp. XI, the latest in a string of SPACs founded by former Citi executive Michael Klein, has launched plans to raise up to $300 million in its initial public offering built by three law firms.

  • November 19, 2025

    Brookfield Launches $100 Billion AI Infrastructure Program

    Brookfield Asset Management said Wednesday it is working with Nvidia and the Kuwait Investment Authority on a program to acquire up to $100 billion worth of infrastructure assets supporting artificial intelligence technology.

  • November 19, 2025

    3 Firms Build $450M Blockfusion SPAC Merger

    Data center infrastructure company Blockfusion USA Inc. on Wednesday unveiled plans to go public by merging with special purpose acquisition company Blue Acquisition Corp. in a $450 million deal that was built by three law firms.

  • November 19, 2025

    Wachtell Guides $1.9B Adobe Buy Of Davis Polk-Led Semrush

    Adobe Inc. said Wednesday it has agreed to acquire Semrush Holdings Inc., a provider of search and brand visibility tools, for $12 per share in cash, valuing the company at about $1.9 billion.

  • November 19, 2025

    Simpson Thacher-Led DigitalBridge Clinches $11.7B 3rd Fund

    Digital ecosystem-focused private equity shop DigitalBridge Group Inc., advised by Simpson Thacher & Bartlett LLP, revealed that it closed its third value-added digital infrastructure fund with $11.7 billion of total commitments.

  • November 19, 2025

    Weil Guides Dycom On $2B Data Center Contractor Deal

    Weil Gotshal & Manges LLP is advising Dycom Industries Inc. on its planned acquisition of Power Solutions, in a deal that values the Miles & Stockbridge PC-advised data center electrical contractor at $1.95 billion, according to a Wednesday announcement. 

  • November 18, 2025

    Ex-PetIQ Exec Cops To Insider Trading Ahead Of Acquisition

    A former executive for Idaho-based PetIQ has pled guilty to insider trading after using another person's brokerage account to purchase stock in his company ahead of its planned acquisition in 2024, court filings show.

  • November 18, 2025

    Judge Says Texas, Toronto Exchange Logos Seem Dissimilar

    A Texas federal judge expressed skepticism that the Toronto Stock Exchange has much of a leg to stand on in its attempt to get the Texas Stock Exchange to change its logo, saying during a hearing Tuesday that the logos look dissimilar enough for most people to tell the difference.

  • November 18, 2025

    Groups Seek More Time To Comment On SEC's RMBS Plan

    The Securities Industry and Financial Markets Association is among those calling for the U.S. Securities and Exchange Commission to grant more time to provide feedback on a plan that could change how the agency regulates residential mortgage-backed securities, citing the recent government shutdown as a reason for extending the deadline. 

  • November 18, 2025

    Bristol-Myers Squibb Can Appeal Pension Suit To 2nd Circ.

    Drugmaker Bristol-Myers Squibb and its investment manager can ask the Second Circuit to review a decision from September denying their motion to dismiss a pension dispute for lack of standing, a New York federal judge ruled.

  • November 18, 2025

    Investment Co. Inks Deal To End Royal Caribbean 401(k) Fight

    Russell Investments Trust Co. has agreed to pay $500,000 to resolve class action claims that it loaded Royal Caribbean's employee retirement plan with underperforming proprietary funds while serving as its investment manager, the plan participant leading the suit has told a Florida federal court.

  • November 18, 2025

    Feds Charge 6 More In Global Insider Trading Ring

    Six more people have been charged in what federal prosecutors say was a global insider trading network that netted tens of millions of dollars for its participants, the U.S. Attorney's Office in Massachusetts announced Tuesday.

  • November 18, 2025

    Disbarred NC Atty Must Pay $5.2M For Escrow Fund Misuse

    A disbarred attorney was ordered to pay $5.2 million in restitution and serve four years of probation during a Tuesday sentencing hearing in North Carolina federal court, after he pled guilty to a criminal wire fraud charge related to the misuse of escrow funds.

  • November 18, 2025

    AI-Based Fintech Quantum Lending Secures $400M In Funding

    Artificial intelligence-based fintech Quantum Lending Solutions announced Tuesday that it wrapped a $400 million financing round, which will be used to help the firm continue growing out its lending infrastructure.

Expert Analysis

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • How Trump's Trade Policies Are Shaping Foreign Investment

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    Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.

  • How Trump Admin Treasury Policies Are Reaching Banks

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    The Treasury Department has emerged as an important facilitator of the Trump administration's financial policies affecting banks, which are now facing deregulation domestically and the use of international economic authorities in cross-border trade and investment, say attorneys at Davis Polk.

  • Series

    My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • Policy Shifts Bring New Anti-Money Laundering Challenges

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    In the second half of 2025, the U.S. anti-money laundering regulatory landscape is poised for decisive shifts in enforcement priorities, compliance expectations and legislative developments — so investment advisers and other financial institutions should take steps to prepare for potential new obligations and areas of risk, say attorneys at Linklaters.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

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    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Assessing New Changes To Texas Officer Exculpation Law

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    Consistent with Texas' recent modernization of its corporate law, the recently passed S.B. 2411 allows officer exculpation, streamlines certificate of formation amendments, authorizes representatives to act on shareholders' behalf in mergers and makes other changes aimed toward companies seeking a more codified, statutory model of corporate governance, say attorneys at Bracewell.

  • Is SEC Moving Away From Parallel Insider Trading Cases?

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    The U.S. Securities and Exchange Commission's apparent lack of follow-up in four recent criminal cases of insider trading brought by the Justice Department suggests the SEC may be reconsidering the expense and effort of bringing parallel civil charges for insider trading, say attorneys at Dentons.

  • Series

    Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Rocket Mortgage Appeal May Push Justices To Curb Classes

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    Should the U.S. Supreme Court agree to hear Alig v. Rocket Mortgage, the resulting decision could limit class sizes based on commonality under Rule 23 of the Federal Rules of Evidence as opposed to standing under Article III of the U.S. Constitution, say attorneys at Carr Maloney.

  • Series

    Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Opinion

    IRS Should Work With Industry On Microcaptive Regs

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    The IRS should engage with microcaptive insurance owners to develop better regulations on these arrangements or risk the emergence of common law guidance as taxpayers with legitimate programs seek relief in the federal courts, says Dustin Carlson at SRA 831(b) Admin.

  • Opinion

    Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Series

    Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • 9th Circ. Ruling Is Turning Point For Private Funds In 401(k)s

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    The Ninth Circuit's decision in Anderson v. Intel reinforces that the Employee Retirement Income Security Act's duty of prudence permits fiduciaries to use private market assets in diversified funds, yet it also exposes the persistent litigation and regulatory uncertainties that continue to temper wider adoption in 401(k) plans, say attorneys at Debevoise.

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