Asset Management

  • April 24, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen a Hong Kong company sue the government and a COVID-19 PPE company linked to Tory peer Michelle Mone, an oligarch bring a fresh claim against a rival in a long-running feud, a rugby league club sue over a canceled mass dance event, and Visa and Mastercard hit with legal action from H&M, Eurostar, and Bang & Olufsen. Here, Law360 looks at these and other new claims in the U.K.

  • April 23, 2026

    Cathay Bank Says Macquarie Hid $100M DTG Rival Acquisition

    Cathay Bank sued Macquarie's asset management arm and the former executives of recycling company DTG Enterprises in Washington federal court Wednesday, claiming they tricked lenders into backing a $540 million buyout by misrepresenting DTG's financial viability and concealing a plan to acquire its largest competitor for $100 million.

  • April 23, 2026

    FDIC Sees Surging Growth In Bank Lending To Nonbanks

    The Federal Deposit Insurance Corp. said that bank loans to private equity, private credit and other nonbanks reached $1.4 trillion last year, identifying it as the fastest-growing category of lending for banks since the 2008 financial crisis.

  • April 23, 2026

    FTC Cuts Deal To End Anesthesia Group Rollup Case

    The Federal Trade Commission reached an agreement Thursday to settle its case accusing U.S. Anesthesia Partners Inc. of monopolizing the Texas anesthesia services market by purchasing most of the competing anesthesia practices in the state.

  • April 23, 2026

    Meijer Escapes Most Claims In Tobacco Fee ERISA Suit

    A Michigan federal judge significantly narrowed a proposed class action that accused Meijer Inc. of charging employees an illegal health plan fee for using tobacco, ruling Thursday that the shopping center company complied with federal benefits law by giving workers a six-month window to dodge the full charge.

  • April 23, 2026

    Senators Seek Oversight Of DOL Benefits Agency Probes

    A pair of Republican senators introduced legislation that would require the U.S. Department of Labor's employee benefits arm to give Congress more information about its enforcement efforts, an action lawmakers say is necessary to ensure investigations are conducted in a timely manner.

  • April 23, 2026

    Burtech's 2nd SPAC Eyes $100M IPO To Launch Deal Hunt

    A blank-check company targeting industries such as hospitality, technology and real estate to raise up to $100 million in an initial public offering advised by Loeb & Loeb LLP, Norton Rose Fulbright LLP and Ogier.

  • April 23, 2026

    T-Mobile Tie-Up, Boots IPO Among Week's Top Deal Rumors

    Deutsche Telekom AG could merge with its American arm T-Mobile to create a global phone giant, digital bank Revolut envisions a $200 billion valuation for its potential initial public offering in 2028, and the owners of U.K. pharmacy chain Boots consider a public offering of their own. 

  • April 23, 2026

    Dechert Leads StepStone On $1.58B Credit Fund

    Dechert LLP-led private investment firm StepStone Group Inc. on Thursday revealed that it wrapped fundraising for its second credit fund well above target after securing $1.58 billion in commitments.

  • April 22, 2026

    Citizenship Questions Can't End Fraud Suit Against SL Green

    A New York federal judge on April 22 refused to toss a fraud suit accusing office-focused real estate investment trust SL Green Realty Corp. and several of its entities of conducting a fraudulent property transfer scheme in order to dodge a nearly $13 million judgment, ruling that allegations regarding the plaintiff's citizenship at the time it filed suit will have to be resolved later.

  • April 22, 2026

    StoneTurn Hires Ex-SEC Enforcement Accountant As Partner

    StoneTurn announced Wednesday that it has hired a new partner with 15 years of experience at the U.S. Securities and Exchange Commission, including as a forensic accountant in the agency's enforcement division.

  • April 22, 2026

    $16B YPF Argentina Feud Will Go To Arbitration

    Investors in Argentina's largest oil and gas exploration company confirmed to a New York federal judge Tuesday that they will pursue arbitration in their $16 billion fight with the country, and are now seeking permission to use discovery obtained in the case in the parallel claim.

  • April 22, 2026

    2nd Circ. Amends Revival Of Mortgage-Backed Securities Suit

    The Second Circuit on Wednesday pulled back from a holding that mortgages underlying a union pension fund's mortgage-backed securities investments that tanked during the financial crisis were plan assets under federal benefits law in a proposed class action that the appellate court revived in March against Wells Fargo and Ocwen.

  • April 22, 2026

    Lime Rock New Energy Clinches 2nd Fund With $640M In Tow

    Private equity shop Lime Rock New Energy, advised by Morgan Lewis & Bockius LLP, on Wednesday revealed that it has closed its second fund above target after securing $640 million of commitments.

  • April 22, 2026

    Judge Agrees To Pause PetroSaudi $380M Award Suit

    A California federal judge has paused litigation filed by the U.S. government over a $380 million arbitral award issued to a PetroSaudi unit purportedly tied to funds embezzled from Malaysia, ordering a stay while the question of company control remains in limbo.

  • April 22, 2026

    Stoel Rives Hires Transactional Partner In Seattle Office

    Stoel Rives LLP has hired a Seattle-based partner with a transactional practice advising on corporate, investment and real estate matters.

  • April 22, 2026

    Simpson Thacher Adds Another Kirkland Finance Alum In Calif.

    Simpson Thacher & Bartlett LLP has hired another former Kirkland & Ellis LLP partner to join its recently formed capital structure solutions practice in the San Francisco area, where she'll focus on banking and other finance matters, Simpson Thacher announced Wednesday.

  • April 22, 2026

    4 Firms Build Amneal's Up To $1.1B Kashiv Biosimilars Buy

    Biopharmaceutical company Amneal Pharmaceuticals Inc. on Wednesday unveiled plans to acquire biosimilars-focused Kashiv BioSciences LLC in a deal worth up to $1.1 billion that was built by four law firms.

  • April 22, 2026

    TMX Buying Cboe's Canada, Australia Exchanges For $300M

    Cboe Global Markets Inc., advised by three law firms, said Wednesday it has agreed to sell its Canadian and Australian equities exchanges to Canada's TMX Group Ltd. for a total of $300 million. 

  • April 21, 2026

    Chicago Sky's Owner Looks To Ditch Investor Stiffing Claims

    The principal owner of the WNBA's Chicago Sky says an Illinois state judge should dismiss claims that he improperly shortchanged minority investors for his own benefit as the team's popularity and value grew, arguing the allegation finds no support from either the contract at issue or most other minority investors.

  • April 21, 2026

    Franklin Templeton Can't Nix Suit Over In-House 401(k) Funds

    A California federal judge has declined to let Franklin Templeton escape a suit claiming it loaded its $2.2 billion 401(k) plan with underperforming proprietary funds that carried pricey fees, ruling a group of workers backed their claims with valid comparisons.

  • April 21, 2026

    Judge Eyes Ballot Deadline In Feud Over BJ's Climate Study

    A Massachusetts federal judge on Tuesday said he's eager to cut to the chase in a dispute over whether BJ's Wholesale Club must allow shareholders to vote on a climate study proposal, suggesting the case could be resolved ahead of a looming proxy ballot deadline. 

  • April 21, 2026

    Latham, Loeb Guide AI Battery Co.'s $250M SPAC Merger

    Electra Vehicles Inc., a provider of artificial intelligence-driven battery technology that is represented by Latham & Watkins LLP, outlined Tuesday its plans to go public by merging with a special purpose acquisition company advised by Loeb & Loeb LLP, in a deal valued at more than $250 million.

  • April 21, 2026

    2nd Circ. Chilly To Additional Discovery In Cigna Pension Suit

    The Second Circuit on Tuesday seemed reluctant to restart proceedings in a long-running suit against Cigna from retirees who challenged changes to their pensions, appearing unwilling to upend a decision to turn down post-judgment discovery in the class action.

  • April 21, 2026

    3 Firms Guide $1.2B Semiconductor Equipment SPAC Deal

    U.S.-based semiconductor materials company Forge Nano said Tuesday it has agreed to combine with blank check company Archimedes Tech SPAC Partners II Co. in a deal that values Forge Nano at $1.2 billion.

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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