Asset Management

  • August 12, 2025

    No New Foreign Bribery Trial For Ex-Connecticut Oil Trader

    A former Connecticut oil trader faces sentencing Nov. 4 after a federal judge declined to overturn a jury's verdict finding him guilty of paying bribes to an official at Brazilian oil giant Petroleo Brasileiro SA and laundering money.

  • August 12, 2025

    Teamsters Fund Fights Debt Recalculation Order At 7th Circ.

    The Seventh Circuit should overturn an Illinois federal judge's order for a Teamsters pension fund to recalculate a concrete company's debt, the fund argued, saying the fund's original finding that the company owed roughly $23 million was correct.

  • August 12, 2025

    Fed. Circ. Rejects Another Fannie, Freddie Investor Suit

    The Federal Circuit on Tuesday threw out a lawsuit accusing the federal government of profiting off Fannie Mae and Freddie Mac to other shareholders' detriment, saying the case was seeking to rehash arguments the court rejected three years ago.

  • August 12, 2025

    DOL Yanks 2021 Guidance On Private Equity 401(k) Risks

    The U.S. Department of Labor's employee benefits arm on Tuesday rescinded guidance from 2021 that warned 401(k) plan managers about the risks of investing in private equity, which comes after an executive order last week that called for expanding access to alternative asset classes in defined-contribution retirement plan investing.

  • August 12, 2025

    FTC Skeptical Of 'Partial' Sale For GTCR Merger Fix

    The Federal Trade Commission told an Illinois federal court that enforcers are reviewing an offer by private equity firm GTCR BC Holding to sell parts of a medical device coatings company in order to fix concerns raised by the company's planned purchase of Surmodics, but said a full sale is preferable.

  • August 12, 2025

    11th Circ. Wary Of Individual Arbitration Push In ESOP Fight

    The Eleventh Circuit on Tuesday appeared unlikely to force individual arbitration of a federal benefits lawsuit alleging that a legal technology company's employee stock ownership plan shares were undervalued in a plan termination, with multiple judges questioning the validity of an arbitration provision in ESOP plan documents.

  • August 12, 2025

    Crypto-Focused SPAC Apex Treasury Unveils $250M IPO Plans

    Special purpose acquisition company Apex Treasury Corp. has filed plans for a $250 million initial public offering, with the goal of acquiring a blockchain or crypto treasury company.

  • August 12, 2025

    3 Firms Advise As Cardinal Health Makes $1.9B Urology Push

    Cardinal Health said Tuesday that one of its specialty platforms has agreed to acquire a top urology company known as Solaris Health from Lee Equity Partners and Solaris' physician owners for $1.9 billion, in a deal steered by three law firms.

  • August 12, 2025

    Debevoise, Ropes & Gray Shape $3B Credit Continuation Fund

    Private equity giant TPG Inc. on Tuesday announced that its middle-market direct lending platform, advised by Ropes & Gray LLP, closed a $3 billion credit-focused continuation fund alongside Debevoise & Plimpton LLP-advised Coller Capital, a transaction that the parties say marks the largest completed deal of its kind in the private secondaries market.

  • August 11, 2025

    Elway Trust Seeks Sale Of Foreclosed $5M Denver Property

    The trust of legendary Denver Broncos quarterback John Elway is seeking to sell a 14,300-square-foot property in Denver's metro area after a local restaurateur defaulted on a $5.4 million loan, according to paperwork filed in Denver District Court.

  • August 11, 2025

    4 Takeaways From Trump's Order To Expand 401(k) Assets

    President Donald Trump's recent executive order aimed at expanding 401(k) savers' access to nontraditional 401(k) assets like private equity and crypto could open up a greater portion of the financial market to retirement savers, attorneys say, though plenty of regulatory hurdles lie ahead. Here, Law360 looks at four key takeaways on the order with attorneys and experts.

  • August 11, 2025

    GTCR Says Sale, Market Nix FTC Med Tech Merger Concerns

    Private equity firm GTCR BC Holdings urged an Illinois federal judge not to block its planned $627 million purchase of a medical device coatings company, arguing in a brief made public Friday that a planned divestiture fully resolves Federal Trade Commission concerns.

  • August 11, 2025

    CRE Fintech Firm Securities Paused For Possible Arbitration

    A proposed class action accusing real estate platform CrowdStreet of enabling a $63 million fraud was paused Monday to allow individual arbitration to decide if the investors' claims can proceed.

  • August 11, 2025

    Judge To Order Bond, Sanctions In Crypto Miner's Ch. 11

    A Delaware bankruptcy judge said Monday she would require the creditors that petitioned to force a cryptocurrency mining operation into Chapter 11 to post a multimillion-dollar bond in case their petition is dismissed.

  • August 11, 2025

    DOJ Touts Merger, Rental Algorithm Deals, Eyeing More

    The head of the U.S. Department of Justice's Antitrust Division on Monday touted two recent settlements, in a merger case and in the RealPage algorithmic rent-fixing litigation, as indications that Trump administration enforcers will focus on algorithm-based price-fixing and are willing to "negotiate favorable settlements."

  • August 11, 2025

    Catching Up With Delaware's Chancery Court

    Nielsen Holdings Ltd. and consumer intelligence spinoff Nielsen Consumer IQ agreed to end their dispute, a sole investor asked the court to name him lead plaintiff in a suit challenging Endeavor's $13 billion take-private deal, and the Chancery Court announced a new, automated case assignment regime. Here's the latest from the Delaware Chancery Court.

  • August 11, 2025

    Terraform Founder Set To Plead Out Of $40B Fraud Case

    Terraform founder Do Kwon is on track to enter a guilty plea in his $40 billion criminal fraud case, a Manhattan federal judge said Monday, in an order that comes ahead of a scheduled 2026 trial and amid weeks of talks between his lawyers and prosecutors.

  • August 11, 2025

    Proskauer-Led JMI Equity Closes 12th Fund With $3.1B In Tow

    Proskauer Rose LLP-advised growth equity software investor JMI Equity on Monday revealed that it wrapped fundraising for its 12th flagship fund after securing $3.1 billion from investors.

  • August 11, 2025

    Goodwin, Kirkland Steer $2B MeridianLink Take-Private Deal

    Financial services-focused software company MeridianLink, led by Goodwin Procter LLP, on Monday announced plans to go private through its acquisition by financial services and technology-focused private equity shop Centerbridge Partners LP, advised by Kirkland & Ellis LLP, in a $2 billion all-cash deal.

  • August 08, 2025

    Lawyers Expect Tariffs On India To Catalyze US Trade Talks

    The potential total of a 50% tariff on Indian imports could prove devastating for some U.S. companies in sectors not protected from the duties, leading some lawyers to anticipate the rate must be negotiated down or delayed before it takes effect.

  • August 08, 2025

    Titanic Artifact Ch. 11 Sale Suit Settled For $12M

    A Florida bankruptcy judge Friday approved an $11.75 million settlement of a long-standing adversary lawsuit over the sale of artifacts from the Titanic during the bankruptcy of a company that ran popular traveling exhibits about the ship.

  • August 08, 2025

    Trump Planning Fannie Mae, Freddie Mac Stock Sale This Year

    The Trump administration may move to sell stock in federally backed mortgage bundlers Fannie Mae and Freddie Mac, with officials discussing the details of a possible sale later this year.

  • August 08, 2025

    Fake AI Hedge Fund Operator Reaches Partial SEC Settlement

    A Florida investment pro who previously admitted to duping investors who poured $5 million into his supposed artificial intelligence-powered hedge fund has agreed to an officer and director ban in a partial settlement with securities regulators, according to a Thursday letter.

  • August 08, 2025

    PE Firm Peppertree Gets $300M Award In Telecoms Fight OK'd

    A New York judge is enforcing a $300.74 million damages award issued to the minority shareholders of telecommunications infrastructure firm Continental Towers LATAM Holdings Ltd. in a bitter dispute over control of the company, saying the majority shareholders had "fallen far short" of showing it should be vacated.

  • August 08, 2025

    Rising Star: Debevoise's Sheena Paul

    Sheena Paul is a Debevoise & Plimpton LLP partner in the firm's investment management group, where she focuses on regulatory and compliance matters and counsels private fund advisers — including leading Clayton Dubilier & Rice through a $26 billion fundraise — earning a spot among the fund formation law practitioners under age 40 honored by Law360 as Rising Stars.

Expert Analysis

  • Nev. Steps Up Efforts To Attract Incorporations With New Law

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    Recent amendments to Nevada corporate law, which will narrow controlling stockholders’ liability, streamline mergers and allow companies to opt out of jury trials, show the interstate competition to attract new and reincorporating companies is still heating up, say attorneys at Simpson Thacher.

  • 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.

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