Asset Management

  • March 05, 2026

    Enviri, Veolia's $3B Clean Earth Deal Gets US Antitrust Nod

    Enviri Corp. has disclosed the early termination of the waiting period under the Hart-Scott-Rodino Act for its planned sale of Clean Earth to Veolia Environnement SA for more than $3 billion.

  • March 05, 2026

    ERISA Recap: 6 Developments To Remember From Feb.

    The Second Circuit refused to boot a former Luxottica worker's proposed class claims into solo arbitration, a Texas federal judge declined to snuff out a tobacco fee suit against 7-Eleven and a healthcare company inked a $43 million deal to wrap a case over how it handled 401(k) plan forfeitures. Here's a look back at six noteworthy moves in Employee Retirement Income Security Act cases from last month.

  • March 05, 2026

    Galvanize Caps $370M Fund To Decarbonize Real Estate

    Galvanize raised $370 million for a fund to invest in undercapitalized commercial buildings in the U.S. and modernize them with energy efficiency upgrades, the company said.

  • March 05, 2026

    SpaceX Taps Citigroup For Planned IPO, Plus More Rumors

    SpaceX has added Citigroup to its lineup of banks leading its planned blockbuster initial public offering, Thrive Capital and Andreessen Horowitz are co-leading an investment in defense company Andural Industries that could value it at $60 billion, and Indian payments platform PhonePe is preparing plans for an initial public offering that would value it at $10.5 billion.

  • March 04, 2026

    Chubb, BJ's Wholesale Sued Over Proxy Ballot Exclusions

    Chubb Ltd. and BJ's Wholesale Club Holdings Inc. have been hit with shareholder suits over their moves to exclude certain proposals from their proxy ballots this year after other corporations facing similar litigation recently relented and agreed to include the proposals.

  • March 04, 2026

    Ex-NFL Player Challenges Adviser's Late Payment Demand

    Retired NFL player Mike Rucker and his wife on Wednesday urged North Carolina's business court not to let their former financial adviser countersue them for nonpayment, arguing he can't decide after 20 years that he deserves compensation when that was never the agreement.

  • March 04, 2026

    NC Judge Trims Co.'s $116M Investment Coverage Dispute

    A North Carolina state court has trimmed a company's suit claiming that its insurer obstructed its recovery of more than $116 million in coverage for an investment that didn't pay out on time, tossing a breach of contract claim while preserving bad faith and statutory violation claims.

  • March 04, 2026

    Construction Co. Hammers Out Deal In 401(k) Fee Suit

    A construction company has agreed to settle a suit claiming it stood by while its retirement plan was overcharged in management fees, causing workers to lose out on millions of dollars in savings, according to a California federal court filing.

  • March 04, 2026

    Retirees' TIAA Rollover Advice Fee Suit Trimmed

    A New York federal judge on Wednesday narrowed a proposed class action alleging the Teachers Insurance Annuity Association of America and its affiliates violated federal benefits law by coercing retirees into higher-cost managed accounts, holding individual retirees lacked standing to sue on behalf of participants in thousands of other plans.

  • March 04, 2026

    Kensington Capital SPAC Raises $200M For Auto Ventures

    Kensington Capital Acquisition VI, a blank-check company led by the founder of Kensington Capital targeting the auto industry, began trading Wednesday after it raised $200 million by offering 20 million units at $10 each. 

  • March 04, 2026

    SEC, PCAOB Auditor Enforcement Plummeted In 2025

    Both the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board saw decreases in accounting and auditing enforcement activity in 2025, including sharp decreases in SEC settlements and PCAOB fines for auditing actions.

  • March 03, 2026

    Ex-SEC Attys Back Disgorgement Limits Before High Court

    Nearly two dozen former U.S. Securities and Exchange Commission attorneys are among those urging the U.S. Supreme Court to put an end to the agency collecting disgorgement from those accused of wrongdoing without first identifying victims of the alleged fraud at hand. 

  • March 03, 2026

    Former Iowa Biz President Convicted Of Bankruptcy Crimes

    The former president of a defunct Iowa telecommunications and infrastructure business has been convicted by a jury of concealing assets and making false statements in his personal bankruptcy proceeding, federal prosecutors announced Tuesday.

  • March 03, 2026

    Wealth Management Firm Sued Over 5.7M Record Breach

    A wealth management firm was hit with a proposed class action in Colorado federal court by a client who alleges that an extortion-driven cyberattack by the hacking group ShinyHunters exposed approximately 5.7 million individual records containing sensitive personal information.

  • March 03, 2026

    SoftBank-Backed PayPay Launches Plans For $1B IPO

    Japanese mobile payment app PayPay, a subsidiary of SoftBank Group Corp., said it anticipates a $1 billion initial public offering, represented by Simpson Thacher & Bartlett LLP and underwriters counsel Davis Polk & Wardwell LLP.

  • March 03, 2026

    Ex-Morgan Stanley Adviser Guilty Of Defrauding NBA Clients

    A Manhattan federal jury on Tuesday convicted a former Morgan Stanley investment adviser on fraud charges, for allegedly defrauding NBA player clients by overcharging them for life insurance investments and misappropriating funds.

  • March 03, 2026

    Judge Appoints Receiver For Crypto Co. Over $328M Scheme

    A Florida judge appointed a receiver Tuesday in a lawsuit against cryptocurrency company Goliath Ventures Inc. after expressing concerns about the company's assets following the arrest last week of its CEO on charges that he was operating a $328 million Ponzi scheme at Goliath.

  • March 03, 2026

    3rd Circ. Upholds Dismissal Of $800K Union Pension Suit

    A split Third Circuit panel said Tuesday it won't revive allegations that two companies owe about $800,000 to a union pension fund, ruling that a New Jersey federal judge properly tossed the claim because the fund waited eight years to tell the companies they owed the money.

  • March 03, 2026

    3 Firms Build $3.25B Sale Of MW Components, CPM

    Private equity shop American Securities on Tuesday announced that it has agreed to sell two of its portfolio companies to U.K.-based Rosebank Industries Plc in a deal that boasts an enterprise value of $3.25 billion and was built by three firms.

  • March 03, 2026

    3 Firms Steer Canadian REIT's $441M Go-Private Acquisition

    Miller Thomson LLP, Stikeman Elliott LLP and Torys LLP advised a take-private deal for European Residential Real Estate Investment Trust in a $441 million acquisition by another REIT, following a multiyear wind-down.

  • March 03, 2026

    Union Fund Drops Boston Globe Pension Dispute

    A union pension fund has dropped its lawsuit alleging that the Boston Globe failed to pay monthly contributions and provide records of the hours its employees worked, according to a filing in D.C. federal court.

  • March 03, 2026

    Kirkland-Led O2 Closes 5th Fund With $670M In Tow

    Kirkland & Ellis LLP-advised private equity shop O2 Investment Partners on Tuesday announced that it wrapped its fifth fund with $670 million in tow.

  • March 02, 2026

    FINRA Fines Goldman Subsidiary $1.3M Over Order Execution

    The Financial Industry Regulatory Authority fined Goldman Sachs subsidiary Folio Investments Inc. $1.3 million for allegedly failing to properly review order execution quality after changing the market center through which it routed a substantial amount of its customer orders.

  • March 02, 2026

    5th Circ. Presses McDermott Shareholders On Direct Claim

    A Fifth Circuit panel wanted to know why investors should get another shot at a direct class action alleging that McDermott International Inc. made misrepresentations about a $6 billion merger, asking Monday if the case before the court was "analogous" to a case alleging the company overpaid for the merger.

  • March 02, 2026

    SEC Drops Negligence Suit Against Ex-View CFO

    The U.S. Securities and Exchange Commission agreed to dismiss with prejudice its negligence claim against a former chief financial officer of "smart" glassmaker View Inc., after the agency secured partial summary judgment on other claims in the case last year.

Expert Analysis

  • Rule Amendments Pave Path For A Privilege Claim 'Offensive'

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    Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.

  • Series

    My Miniature Livestock Farm Makes Me A Better Lawyer

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    Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.

  • Evaluating Nasdaq Tokenization Rule's Potential Impact

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    Nasdaq's recently proposed rule would enable settlement of tokenized equity securities and exchange-traded products using blockchain technology, which could lead to dramatic improvements in market efficiency, settlement speed and market access, but prudent skepticism about timelines and implementation capabilities is warranted, says James Brady at Katten.

  • Litigation Funding Could Create Ethics Issues For Attorneys

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    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

  • SEC's Dual Share Class Approval Signals New Era For ETFs

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    The U.S. Securities and Exchange Commission's recent approval of the dual share class structure marks a landmark moment for the U.S. fund industry, opening the door for asset managers to benefit from combining mutual fund and exchange-traded fund share classes under a single portfolio, say Ilan Guedj at Bates White and Brian Henderson at George Washington University.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • What To Do If A Retirement Plan Participant Is Deported

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    Given recent immigration policy changes in the U.S., many businesses are experiencing employee deportations, but retirement plan administrators should still pay and report benefits to avoid violating the plan, the Employee Retirement Income Security Act or tax reporting requirements, says Teri King at Smith Gambrell.

  • Why Foreign Cos. Should Prep For Increased SEC Oversight

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    With the recent trading suspensions of 10 foreign-based issuers listed on the Nasdaq, an enforcement action against a U.K. security-based swap dealer and the announcement of a cross-border task force, it's clear that the U.S. Securities and Exchange Commission will expand oversight on foreign companies participating in the U.S. capital markets, says Tejal Shah at Cooley.

  • How Litigating Antitrust Fix Helped GTCR Prevail In Court

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    An Illinois federal judge's recent denial of the Federal Trade Commission's injunction request in the GTCR acquisition of Surmodics joins a developing series of cases in which deal parties have prevailed against government antitrust challenges by proposing a post-complaint fix and litigating the as-amended deal, say attorneys at Paul Weiss.

  • What Narrower FinCEN Reporting Spells For Industry

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    As compliance costs soar, the potential slimming down of the Financial Crimes Enforcement Network's anti-money laundering and countering the financing of terrorism regime is welcome news for banks, and would allow a shift in resources to ever-evolving cybercrime threats, say attorneys at Quarles & Brady.

  • How Nasdaq, SEC Proposals May Transform Listing Standards

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    Both Nasdaq and the U.S. Securities and Exchange Commission have increasingly focused their recent regulatory efforts on small and foreign issuers, particularly those from China, reflecting an intention to strengthen the overall quality of companies accessing U.S. markets, but also potentially introducing a chilling effect on certain issuers, say attorneys at Norton Rose.

  • Series

    Building With Lego Makes Me A Better Lawyer

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    Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.

  • SEC Focused On Fraud As Actions Markedly Declined In 2025

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    The U.S. Securities and Exchange Commission's enforcement activity in its fiscal year 2025 was its lowest in 10 years, reflecting not only a significant decline in the commission's workforce, but also Chairman Paul Atkins' stated focus on fraud and individual wrongdoing and a new approach to crypto regulation, say attorneys at Covington.

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

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