Asset Management

  • January 14, 2026

    NY Man Gets 3 Years For Posing As Exec To Cash Tax Refund

    A Massachusetts federal judge sentenced a New York man Wednesday to more than three years in prison for impersonating an executive of a real estate investment firm to cash the firm's tax refund of more than $800,000.

  • January 14, 2026

    MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners

    The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.

  • January 14, 2026

    $9.6M Deal Over Capital One 401(k) Forfeitures Gets 1st OK

    A New York federal judge preliminarily approved Capital One Financial Corp.'s $9.6 million settlement to end a proposed class action alleging it improperly used $42.65 million in forfeited employee funds that were paid into the company's retirement plan to reduce its own contributions instead of curtailing administrative costs. 

  • January 14, 2026

    Sixth Street Closes European Fund With €3.75B In Tow

    Private equity shop Sixth Street, advised by Cleary Gottlieb Steen & Hamilton LLP, on Wednesday announced that it wrapped its third European direct lending fund at its hard cap with €3.75 billion ($4.37 billion) of committed capital.

  • January 14, 2026

    Alternative Asset 401(k) Investing Rule Sent To OMB

    The White House Office of Management and Budget is reviewing a proposed rule from the U.S. Department of Labor's employee benefits arm related to fiduciary duties involved with alternative asset investing in 401(k)s, marking the last hurdle before the regulations' release for public comment. 

  • January 14, 2026

    Crypto Network Cofounder Sued In Del. Over Looting Claims

    A shareholder and cofounder of cryptocurrency-associated cloud business Cerebellum Networks has sued another cofounder and associates in Delaware's Court of Chancery, claiming systematic diversion of some $58 million in "Cere" token assets through an alleged looting of corporate wallets via secret token dumps and other schemes.

  • January 14, 2026

    Simpson Thacher-Led Coller Capital Wraps $17B Fund

    Private market secondaries manager Coller Capital, advised by Simpson Thacher & Bartlett LLP, revealed that it has clinched its largest fund ever after securing $17 billion of capital commitments, bringing the firm's total assets under management to $50 billion.

  • January 13, 2026

    CoreWeave Hid Data Center Delays, Investors Say

    Artificial intelligence "hyperscaler" CoreWeave Inc. has been hit with a proposed shareholder class action accusing the company of misleading investors on its capacity to handle consumer demand and data center building delays following its initial public offering last year.

  • January 13, 2026

    Spencer Fane Atty's Advice Challenged In $5M Poaching Suit

    In a $5 million lawsuit over a Connecticut financial adviser's exit, Wealth Enhancement Group LLC on Tuesday challenged a Spencer Fane LLP partner's belief that regulatory and professional ethics rules require both advisers and their former investment firms to contact clients when advisers switch employers.

  • January 13, 2026

    2 Firms Advise On US Bancorp's Up To $1B BTIG Deal

    Sullivan & Cromwell LLP is advising U.S. Bancorp on its up to $1 billion agreement to acquire Kirkland & Ellis LLP-advised financial services firm BTIG LLC, U.S. Bancorp announced Tuesday.

  • January 13, 2026

    State Street Owes NC Investor $650K In Crypto Refund Suit

    A North Carolina federal judge ruled that investment management firm State Street Global Advisors wrongfully withheld $650,000 from an investor who transferred cryptocurrency to a digital wallet, awarding him damages for his unjust enrichment and conversion claims, but not fees for his attorneys.

  • January 13, 2026

    AI Infrastructure Firm Exascale To Go Public Via $500M Deal

    Exascale Labs Inc., an artificial intelligence computing infrastructure platform, has announced plans to go public through a $500 million merger with special purpose acquisition company D. Boral ARC Acquisition I Corp.

  • January 13, 2026

    Voice AI Co. Valued At $1.3B After $130M Series C Round

    Speech-to-text API platform Deepgram on Tuesday announced that it reached a $1.3 billion valuation after closing its latest funding round with $130 million in tow.

  • January 13, 2026

    Dechert Adds Former SEC Counsel In DC

    Dechert LLP has grown its financial services group in Washington, D.C., with a veteran attorney who most recently served as counsel to the chairman at the U.S. Securities and Exchange Commission, the firm said Tuesday.

  • January 13, 2026

    J&J Wins Partial Reversal Of $1B Merger Milestone Loss

    Delaware's Supreme Court has partially reversed a vice chancellor's September 2024 ruling that Johnson & Johnson owes more than $1 billion for failing to prioritize regulatory approvals linked to "earnout" payments for robotic surgical device technology that J&J acquired from a developer.

  • January 13, 2026

    Gibson Dunn Hires Thrive Capital's Top Lawyer As DC Partner

    Gibson Dunn & Crutcher LLP has hired Marian Fowler, the former general counsel and chief compliance officer at venture capital firm Thrive Capital Management LLC, to join the firm's Washington, D.C., office as a partner and member of its investment funds practice group, the firm announced Monday.

  • January 13, 2026

    Sen. Warren Questions SEC On Crypto In 401(k) Plans

    Sen. Elizabeth Warren sent a letter to the U.S. Securities and Exchange Commission in advance of a banking committee vote on cryptocurrency market structure legislation, asking how the agency will protect investors as the administration also pushes to broaden access to cryptocurrency in 401(k) retirement plans.

  • January 13, 2026

    2 Firms Guide IPO Valuing Construction Rental Co. At $6.4B

    Columbia, Missouri-based construction equipment rental company EquipmentShare on Tuesday said it was seeking a valuation of up to $6.4 billion in an upcoming initial public offering guided by Davis Polk & Wardwell LLP and Latham & Watkins LLP.

  • January 13, 2026

    Ares Wraps Inaugural Credit Secondaries Fund At $4B

    Private equity giant Ares Management Corp. on Tuesday announced it closed its inaugural credit secondaries fund with roughly $4 billion of investor commitments, bringing the firm's total capital raised for its credit secondaries strategy to approximately $7.1 billion.

  • January 12, 2026

    4 Ways DOJ Probe Into Powell Could Be Risky For Trump

    The criminal probe that President Donald Trump's U.S. Department of Justice has opened into Federal Reserve Chair Jerome Powell dramatically escalates administration pressure on the central bank, but it is not without significant potential risks for the White House.

  • January 12, 2026

    Crypto Custody Startup Bitgo Launches Plans For $189M IPO

    BitGo is looking to raise roughly $189 million in an upcoming public offering steered by Fenwick & West LLP, the cryptocurrency custodian said Monday.

  • January 12, 2026

    Rivals Say UP, Norfolk Southern Hiding Key Merger Details

    Rival railroads have claimed that Union Pacific and Norfolk Southern are hiding crucial details about the risks and other competitive effects of their proposed mega-merger, saying the Surface Transportation Board should force the rail giants to make candid disclosures or reject their merger application altogether.

  • January 12, 2026

    Prime Capital Says Ex-Adviser Bungled His Exit In Poach Suit

    A recruited financial adviser's changes of heart during a carefully structured transition to Prime Capital Investment Advisors LLC caused repeated delays and internal frustrations, eventually leading Prime to file a regulatory license in his name before he resigned from his old job, Prime's chief growth officer testified Monday.

  • January 12, 2026

    Adviser Claims REIT Stiffed It Over $2.1B Take-Private Deal

    An advising firm has sued Plymouth Industrial REIT Inc. in Massachusetts state court, claiming the real estate investment trust is dodging its obligation to pay the adviser for helping the firm land a $2.1 billion acquisition offer.

  • January 12, 2026

    SEC Draws From BigLaw To Appoint Enforcement Deputies

    Two former BigLaw attorneys, one of whom served as counsel to President Donald Trump during his first term in office, have joined the U.S. Securities and Exchange Commission as deputy directors of enforcement, the agency announced Monday.

Expert Analysis

  • Series

    Nature Photography Makes Me A Better Lawyer

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    Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.

  • 2025 Brought A New Paradigm For Federal Banking Regulation

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    A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.

  • Series

    Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • How CFTC Enforcement Shifted In 2025 And What's Next

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    The U.S. Commodity Futures Trading Commission pivoted sharply under acting Chairman Caroline Pham in 2025, resulting in a pared-back enforcement docket, sweeping policy changes intended to provide greater transparency, and a renewed focus on fraud prevention and maintaining market integrity for the CFTC's core markets, say attorneys at Moore & Van Allen.

  • Opinion

    A Uniform Federal Rule Would Curb Gen AI Missteps In Court

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    To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.

  • Investment Advisers Should Stay Apprised Of New AI Risks

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    The U.S. Securities and Exchange Commission's recently issued annual examination priorities reiterate a host of regulatory implications for investment advisers using artificial intelligence tools, highlighting that meaningful ongoing due diligence can help mitigate both operational and regulatory surprises amid AI's rapid evolution, says Christopher Mills at Sidley.

  • AG Watch: Texas Junk Fee Deal Shows Enforcement Priorities

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    Texas Attorney General Ken Paxton's recent $9.5 million settlement with online travel agency website Booking Holdings for so-called junk fee practices follows a larger trend of state attorneys general who have taken similar action and demonstrates the significant penalties that can follow such allegations, say attorneys at Kelley Drye.

  • Series

    The Law Firm Merger Diaries: Integrating Practice Groups

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    Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.

  • Opinion

    Supreme Court Term Limits Would Carry Hidden Risk

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    While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • The SEC Whistleblower Program A Year Into 2nd Trump Admin

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    The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.

  • Key Crypto Class Action Trends And Rulings In 2025

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    As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.

  • Series

    Knitting Makes Me A Better Lawyer

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    Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.

  • Series

    The Biz Court Digest: Welcome To Miami

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    After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.

  • Recent Proposals May Spell Supervision Overhaul For Banks

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    A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.

  • What US Can Learn From Brazil's Securities Arbitration Model

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    To allay investor concerns about its recent approval of mandatory arbitration clauses in public company registration statements, the U.S. Securities and Exchange Commission should look to Brazil's securities arbitration model, which shows that clear rules and strong institutions can complement the goals of securities regulation, say arbiters at the B3 Arbitration Chamber.

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