Asset Management

  • April 07, 2026

    Auto Insurance Co. Escapes Retirement Fund Suit

    An auto insurance company defeated a proposed class action claiming its employee retirement plan was unlawfully overinvested in a conservative default investment option, with a Michigan federal judge saying Tuesday that the suit lacked information about participants who voluntarily put money in the fund.

  • April 07, 2026

    Kirkland-Led ArcLight Secures $3.9B For Infrastructure Fund

    Kirkland & Ellis LLP-advised ArcLight Capital Partners, an infrastructure-focused private equity shop, on Tuesday announced that it wrapped its eighth fund with $3.9 billion in tow.

  • April 07, 2026

    Hormel Foods Faces Class Cert. Bid In Retirement Fund Suit

    An ex-worker for Hormel Foods Corp. asked a Minnesota federal judge to certify a class in his federal benefits lawsuit alleging the company failed to remove high-cost investment options with poor return rates from its $1.2 billion in employee retirement plans.

  • April 07, 2026

    Firstrust Savings Bank Can't Nix 401(k) Mismanagement Suit

    A former Firstrust Savings Bank worker adequately supported his claims that employees lost millions because they had to invest a portion of their savings in the bank's underperforming proprietary fund, a Pennsylvania federal judge ruled, denying the bank's motion to dismiss the proposed Employee Retirement Income Security Act class action.

  • April 07, 2026

    Insider Trading Case Unscathed By US Atty Office Shake-Up

    A federal judge rejected a motion to dismiss the insider trading prosecution of a Garden State broker-dealer's ex-partner, ruling that questions about the leadership of the U.S. attorney's office in New Jersey, including findings that prior supervisory appointments were unlawful, do not taint the indictment or require disqualification of the case prosecutors.

  • April 07, 2026

    Blackstone Clinches $10B Opportunistic Credit Fund

    Private equity giant Blackstone, advised by Kirkland & Ellis LLP, on Tuesday revealed it wrapped fundraising on its fifth opportunistic private credit fund after securing over $10 billion in investable capital, marking the firm's largest such fund to date.

  • April 07, 2026

    Conn. Finance Firm, Ex-Adviser Settle Trade Secrets Claims

    Connecticut financial firm Ridgeline Financial Partners LLC has settled a lawsuit accusing a former adviser of taking trade secrets and asking clients to join his own competing company, Crionna Wealth LLC.

  • April 07, 2026

    DOJ Backs Wrong View Of Accounting Error, 11th Circ. Told

    A hedge fund manager challenging the denial of a $1.9 million tax refund related to his private jet told the Eleventh Circuit that the federal government is wrongly parroting a lower court's unreasonable approach to the accounting error underlying the dispute.

  • April 06, 2026

    JPMorgan's Dimon Has 'Mixed' Feelings On Capital Revamp

    The head of the nation's largest bank on Monday raised doubts about the Trump administration's plan to overhaul bank capital rules, casting it as an improvement on a Biden-era draft while saying it still includes some "frankly nonsensical" aspects.

  • April 06, 2026

    BNY, Robinhood To Help Roll Out Trump Accounts

    The Bank of New York Mellon Corp. will be the federal government's financial agent in helping implement the new tax-advantaged brokerage accounts for children called Trump accounts, the U.S. Treasury Department said Monday.

  • April 06, 2026

    Data Infrastructure Biz Wraps $130M Series B Funding Round

    Spanish data infrastructure company Xoople on Monday announced that it closed a Series B funding round after securing $130 million of investor commitments, bringing the company's total capital raised to $225 million.

  • April 06, 2026

    Madison Air Eyes $2.2B IPO In Biggest US Debut Of 2026

    Air ventilation and filtration company Madison Air Solutions on Monday filed plans with U.S. regulators to raise roughly $2.2 billion in an initial public offering, which would be the largest public debut of 2026.

  • April 06, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court's docket this past week featured a mix of high-profile corporate disputes, insider trading allegations, contract fights and significant rulings shaping fiduciary duty and deal litigation.

  • April 06, 2026

    4 Firms Guide Healthcare REIT's Early IPO Steps

    National Healthcare Properties filed Monday for an initial public offering in which the healthcare real estate investment trust preliminarily estimated it could raise $100 million, advised by Paul Weiss Rifkind Wharton & Garrison LLP and two other firms.

  • April 03, 2026

    Long Island Investment Adviser Cops To $160M Fraud

    A Long Island, New York, man admitted Friday to defrauding clients out of $160 million by hiding conflicts of interest and falsely claiming their investments in various private equity funds were safe and low-risk.

  • April 03, 2026

    3rd Circ. Preview: Arbitration Limits, Power Plant Safety

    The Third Circuit in April is set to examine the limits of an arbitrator's authority to change awards once they've been made, potentially defining the restraints of commercial arbitration rules and when rulings can be revisited.

  • April 03, 2026

    6th Circ. Backs Toss Of Construction Co.'s Union Fund Fight

    The Sixth Circuit on Friday said it won't revive a construction company's lawsuit alleging that trustees for an International Union of Operating Engineers local's fringe and health benefit funds refused to accept its contributions, ruling that the dispute needs to be taken up with the National Labor Relations Board.

  • April 03, 2026

    Ameriprise To Pay $1.4M Over Annuity Supervision Claims

    Ameriprise Financial Services LLC has agreed to pay nearly $1 million in restitution and a $450,000 fine to end allegations from the Financial Industry Regulatory Authority that the Minneapolis-based firm failed to properly supervise recommendations of certain variable annuity exchanges.

  • April 03, 2026

    Law360 Announces The Members Of Its 2026 Editorial Boards

    Law360 is pleased to announce the formation of its 2026 Editorial Advisory Boards.

  • April 03, 2026

    4 Argument Sessions Benefits Attys Should Watch In April

    Cigna retirees will ask the Second Circuit to revive a 24-year-old pension dispute, and the Seventh Circuit will hear a company's withdrawal liability fight with the Teamsters. Here, Law360 looks at those and two other argument sessions that benefits attorneys should have on their radar.

  • April 02, 2026

    Latham-Led Guggenheim Wraps $8.4B Private Debt Fund

    Latham & Watkins LLP-advised Guggenheim Investments on Thursday announced it closed its fourth private debt fund and related vehicles, with $8.4 billion in total available capital.

  • April 02, 2026

    Chamber Urges 1st Circ. To Affirm Toss Of Tobacco Fee Suit

    A Rhode Island federal judge got it right when she tossed a proposed class action alleging that workers who completed a smoking cessation program are entitled to refunds of surcharges to their health insurance premiums, the U.S. Chamber of Commerce told the First Circuit.

  • April 02, 2026

    Judge Keeps IRS, Booz Allen In Lawsuit Over Tax Data Leak

    A class action against the federal government and contractor Booz Allen Hamilton seeking to hold them accountable for the unauthorized disclosure of a trove of wealthy people's tax returns by a worker on the job with the IRS can move forward, a Maryland federal judge said.

  • April 02, 2026

    Coinbase Gets OCC's Nod For National Trust Charter

    Coinbase said Thursday that it has received the Office of the Comptroller of the Currency's conditional approval to charter a national trust bank, a move that would position the crypto giant to broaden its business offerings under federal oversight.

  • April 02, 2026

    Ownership Limbo Spurs Stay Bid In $380M PetroSaudi Fight

    A PetroSaudi unit has urged a California federal court to continue its stay in litigation by the U.S. government over a $380 million arbitral award purportedly tied to funds embezzled from Malaysia, saying company control remains in limbo in the Cayman Islands and Barbados.

Expert Analysis

  • Assessing Potential Legal Claims From Private Credit Turmoil

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    Amid the downturn in the private credit markets spurred by multiple high-profile bankruptcies, a New York lawsuit stemming from the collapse of First Brands provides an important case study for investors to help minimize future losses and maximize any potential recovery in the event of a private credit default, say attorneys at Bleichmar Fonti.

  • How Iran War Might Reshape Proxy Contests This Year

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    The Iran war may function as a short-term poison pill for proxy contests, not because it strengthens corporate defenses, but because it increases the risks associated with activist commitments, say attorneys at Sidley.

  • What FINRA Enforcement Changes Mean For Investigations

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    It is essential for in-house counsel and compliance officers to familiarize themselves with the Financial Industry Regulatory Authority's recently announced changes to its enforcement program, which offer both clearer visibility into FINRA's expectations and a valuable opportunity to strengthen regulatory readiness, say attorneys at Eversheds Sutherland.

  • Agentic AI Use May Trigger Existing Consumer Finance Laws

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    As artificial intelligence agents interact more and more with payment systems, financial institutions should be cognizant of how existing consumer protection laws like the Equal Credit Opportunity Act apply when transactions are executed by automated systems rather than individuals, noting authorization and liability gaps, say attorneys at Sheppard.

  • SEC Guidance Further Solidifies Status Of Tokenized Assets

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    The U.S. Securities and Exchange Commission recently released a statement that tokenized securities are securities governed by traditional securities laws, representing continued regulatory clarity and the development of expanded technical standards and risk management guidelines that can only improve the long-term viability of financial markets, say attorneys at Barnes & Thornburg.

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

    Excerpt from Practical Guidance
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    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

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