Asset Management

  • October 27, 2026

    Paul Weiss-Led BCE Sells Stake In New Tower Biz For $1.74B

    Paul Weiss Rifkind Wharton & Garrison LLP-advised Canadian communications company BCE Inc. on Tuesday announced that its subsidiary Bell Canada has entered into an agreement with investment firm La Caisse to form a new wireless tower infrastructure company, with La Caisse acquiring a 49.9% stake in the new business for CA$2.45 billion ($1.74 billion).

  • October 27, 2026

    Amazon Says 'Net Impression' Can't Support Seafood Suit

    Amazon.com is asking a Washington federal judge to throw out a suit alleging that it misleads consumers about the sustainability of seafood products sold on the platform, saying the plaintiffs cannot base their suit on a "net impression" of claims Amazon never made.

  • October 27, 2026

    Calif. Appeals Court Nixes Arbitration Of Ex-Tech's PAGA Suit

    California workers can pursue representative claims under the state's Private Attorneys General Act without bringing individual claims, even after the law's 2024 amendments, a California appeals court ruled, rejecting an agricultural equipment company's bid to force a former employee into arbitration.

  • October 27, 2026

    Weil Loses 2 Regulatory Partners To Skadden In NY, DC

    Skadden Arps Slate Meagher & Flom LLP announced Tuesday it has hired two attorneys from Weil Gotshal & Manges LLP, as partner exits from that firm continue in the days following news of failed merger discussions with Willkie Farr & Gallagher LLP.

  • October 27, 2026

    Advent Secures $30B Across Its 2 Latest PE Funds

    Private equity shop Advent on Tuesday revealed that it raised $30 billion across its two latest private equity funds: its 11th flagship fund and a new middle-market private equity fund.

  • October 26, 2026

    3 Firms Steer Obesity Drugmaker Corxel's $377M SPAC Deal

    Obesity-focused biopharmaceutical company Corxel Pharmaceuticals Inc. on Monday unveiled plans to go public by merging with special-purpose acquisition company Amanat Acquisition Corp. in a deal expected to generate roughly $377 million in gross proceeds and that was built by three law firms.

  • October 26, 2026

    Heitman Settles Suit Over Ex-Worker's $1.4M Plan Payout

    Real estate investment firm Heitman and the estate of a former employee who died have agreed to settle a $1.4 million benefits dispute over the proceeds of her retirement account, the parties told a Massachusetts federal judge Monday.

  • October 26, 2026

    Empery Faces Limited Restrictions In ATG Proxy Fight

    The Delaware Chancery Court ruled Monday that Empery Digital Inc. must provide activist investor ATG Capital Opportunities Fund LP five business days' notice before taking certain major corporate actions while the parties fight over a disputed board seat, rejecting broader restrictions that could give ATG outsized influence over the company's operations.

  • October 26, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week approved a $250 million settlement of litigation over Microsoft Corp.'s acquisition of Activision Blizzard Inc., while Albertsons Cos. Inc. accused Kroger Co. of rejecting changes that could have saved their $24.6 billion merger, and the Delaware Supreme Court ordered Verisk Analytics Inc. to keep pursuing a $2.35 billion acquisition.

  • October 26, 2026

    Eyewear Co. Escapes Lawsuit Over 401(k) Stable Value Fund

    An eyewear company defeated a proposed class action alleging it cost employees millions of dollars in retirement savings by keeping an underperforming stable value fund in its 401(k) plan, with a Texas federal judge ruling plan participants hadn't identified a comparable fund that performed better.

  • October 26, 2026

    Wilson Sonsini, Freshfields Advise Anthropic's IPO Filing

    Claude developer Anthropic PBC on Monday filed plans for its long-anticipated blockbuster initial public offering steered by Wilson Sonsini Goodrich & Rosati PC and Freshfields LLP.

  • October 23, 2026

    Feds Urged To Nix Bank Examiner Limits Over AI Cyber Risks

    The Senate Banking Committee's top Democrat called Friday for federal banking regulators to scrap recent policies that raise the bar for issuing and escalating supervisory criticism at banks, warning they could obstruct oversight needed to stay ahead of rising artifical intelligence-enabled risks.

  • October 23, 2026

    5th Circ. Weighs Iowa Bid To Toss Charles Schwab Settlement

    A Fifth Circuit panel pushed Charles Schwab to explain why it should sign off on a settlement with investors resolving claims that its 2020 merger with TD Ameritrade created a monopoly, asking Friday how an agreed upon antitrust compliance program created value.

  • October 23, 2026

    'Millennial VC' Loses New Trial Bid Over Alleged Atty Failure

    A California federal judge on Thursday denied convicted self-described "millennial" venture capitalist Michael Rothenberg's latest new trial bid, rejecting his argument that his prior counsel's failure to consult a forensic accountant undermined his defense nearly three years after a jury found him guilty of money laundering and fraud.

  • October 23, 2026

    SEC Fines Fund Adviser Over Outdated ID Theft Program

    The U.S. Securities and Exchange Commission levied a $175,000 fine against a New York-based investment adviser on Friday for failing to update its identity theft prevention procedures and for failing to submit some of its accounts to an outside auditor.

  • October 23, 2026

    Del. Chancery OKs $250M Activision Settlement, $60M Fees

    Microsoft Corp.'s $250 million settlement of stockholder claims stemming from its $75.4 billion acquisition of Activision Blizzard Inc. won Delaware Chancery Court approval Friday, as the chancellor rejected an investment fund's attempt to preserve a separate federal securities suit and awarded $60 million in attorney fees.

  • October 23, 2026

    Crypto.com Hires Ex-Western Union Global Compliance Head

    Crypto.com said it has appointed Western Union's former global head of compliance to serve as chief compliance officer, a move the crypto exchange said supports its global expansion and consumer access after its former CCO departed for Binance Holdings Ltd.

  • October 23, 2026

    Del. Forum Selection Clause Sinks IQVIA's NC Poaching Suit

    IQVIA Holdings Inc. should have brought its poaching suit against four former employees accused of defecting to a competitor in Delaware court under a forum selection clause in their employment contracts, a North Carolina Business Court judge ruled Thursday in dismissing the case.

  • October 23, 2026

    Ex-Broker-Dealer Cops To $1.5M Insider Trading Scheme

    A former partner at a New Jersey broker-dealer firm admitted to conspiring to commit securities fraud involving insider trading in a special purpose acquisition company that netted millions of dollars in illegal profits, the U.S. attorney for the District of New Jersey announced Friday.

  • October 23, 2026

    Don't Miss It: Kirkland, Latham Steer Latest 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.

  • October 23, 2026

    Investor Says 'Failing' Real Estate PE Firm Hid Fund Losses

    An investor alleged in Texas federal court that a real estate private equity firm and its leaders hid the firm's failures from investors and tricked them into supporting "an overleveraged, failing enterprise."

  • October 23, 2026

    Conn. Investment Adviser Admits To $3.3M Brokerage Fraud

    A Connecticut investment adviser and broker-dealer faces up to 20 years in federal prison after admitting to causing $3.3 million in losses to three financial services companies by using fraudulent bank transfers to fund fruitless options trading.

  • October 23, 2026

    Holland & Knight Legal Profession Head On MSO Dealmaking

    Holland & Knight LLP partner Trisha Rich is at the forefront of the firm's work in a fast-growing corner of the legal industry, advising law firms setting up management services organizations, or MSOs, as well as the investors looking to buy into them.

  • October 23, 2026

    SEC To Check Firms' Preparedness For AI Cyberattacks

    The U.S. Securities and Exchange Commission said Friday that it plans to scrutinize financial firms' use of artificial intelligence in order to ensure that the companies are guarded against cybersecurity attacks.

  • October 22, 2026

    Skechers Accused Of Using Tariffs To Shortchange Investors

    Skechers USA Inc. is facing a lawsuit in California federal court accusing it of overstating the impact that tariffs would have on its business in order to defraud investors into agreeing to a $9.4 billion take-private transaction.

Expert Analysis

  • Del. Ruling Shows How AI Meeting Transcripts Can Backfire

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    In ATG Capital Opportunities Fund v. Lane, the Delaware Court of Chancery reviewed board meeting transcripts generated by an artificial intelligence tool as part of its assessment of the board's motivations, highlighting potential risks of AI-generated corporate records, say attorneys at Debevoise.

  • OCC Plan May Bring Data Sharing Flexibility, Diligence Issues

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    The Office of the Comptroller of the Currency's recent proposal to overhaul its supervisory information sharing regime for the first time in decades would provide important flexibility to banks, but it could create new issues around confidentiality agreements, disclosure controls and diligence processes, say attorneys at Simpson Thacher.

  • Planning For D&O Exclusions As Risks Mount For Banks

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    Banks should scrutinize directors and officers exclusions for artificial intelligence, disclosure and cybersecurity risks during policy renewal negotiations to preserve coverage amid the current uptick in insurer scrutiny and related shareholder litigation, say attorneys at Jones Walker.

  • Why The SEC Proposed Rescinding Its 'Pay-To-Play' Rule

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    The U.S. Securities and Exchange Commission's recent proposal to nix its pay-to-play rule governing political contributions by investment advisers follows years of industry advocacy and commissioner criticism that it suppresses political speech and affects hiring, say attorneys at Simpson Thacher.

  • Parsing The Latest Signals On FTC Section 5 Enforcement

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    Federal Trade Commission cases brought over the last several years and Commissioner Mark Meador’s recent call for stand-alone Section 5 enforcement suggest businesses should prepare for continued scrutiny of conduct beyond traditional antitrust violations, particularly in essential goods, technology and labor markets, say attorneys at Axinn.

  • What Lawyers Should Know Before Accepting Crypto Payment

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    As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should consider how only a handful of state bar authorities have addressed the issue with varying ethics opinions, as well as the related questions that no authority has yet answered, says attorney Felix Shipkevich.

  • Series

    Calif. Banking Brief: All The Notable Legal Updates In Q3

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    California's financial regulators spent the third quarter of 2026 focusing on consumer protection enforcement at home while resisting federal efforts to displace state oversight — reinforcing the state's intention to shape the compliance landscape for institutions operating within its borders despite federal deregulatory trends, say attorneys at Ropes & Gray.

  • How States May Enter The Shareholder Proposal Landscape

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    Rescission of the U.S. Securities and Exchange Commission's shareholder proposal rule doesn't herald the end of shareholder activism, but it allows state legislatures to play a central role in determining the future of shareholder proposals, with that uncertainty creating new opportunities for both issuers and activists, say attorneys at Thompson Coburn.

  • Series

    Mentalism Makes Me A Better Lawyer

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    Convincing strangers I can read their minds may seem like an unusual second career for a legal practitioner, but both disciplines share several important requirements, including trust and preparation, says Warren Biro at Manatt.

  • Why And How To Build A Neurodiversity-Informed Practice

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    By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or learning differences, attorneys can build stronger relationships with those who may otherwise struggle to obtain and benefit from legal services, while developing good habits that will benefit everyone they represent, says Ting Cheung at Sanford Heisler.

  • How SEC Is Changing The Shareholder Proposal Landscape

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    The U.S. Securities and Exchange Commission continues to place its shareholder proposal rule at the center of its agenda, now with a newly proposed rule that would rescind it entirely, showcasing an agency seeking to narrow its overall focus, say attorneys at Thompson Coburn.

  • SEC's Shareholder Activism Role After The '26 Proxy Season

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    The U.S. Securities and Exchange Commission recently proposed eliminating its shareholder proposal rule, but this proxy season's combination of elevated campaign activity, limited formal escalation and measured voting outcomes illustrates why a targeted SEC role remains important, say attorneys at Sidley.

  • Opinion

    CFTC's New Award Policy Punishes Whistleblower Success

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    The U.S. Commodity Futures Trading Commission recently capped four whistleblower awards because it considered them too large, arguing that it could lead to frivolous reporting, but the move instead penalizes the program for its own success and flies in the face of the framework enacted by Congress, say attorneys at Whistleblower Partners.

  • Testing AI's Promise For Large-Scale Document Review

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    Our document-review comparison of attorneys' responsiveness and issue coding decisions versus predictions generated by artificial intelligence across 1,600 documents suggests that these tools can offer a reasonable and reliable basis for improved discovery workflows, provided lawyers understand where guardrails are needed, say attorneys at Redgrave.

  • FDIC Standards Body Could Ease Bank Vendor Due Diligence

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    The Federal Deposit Insurance Corp.'s recently proposed standards body for bank vendors could streamline due diligence and onboarding, but banks and their third-party service providers alike should still monitor open questions around oversight, certification costs and governance, say attorneys at Clark Hill.

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