Asset Management

  • May 12, 2026

    CFTC's Selig Says AI Regulations May Be On The Horizon

    U.S. Commodity Futures Trading Commission Chair Michael Selig said Tuesday that his agency may introduce regulations regarding the use of artificial intelligence by exchanges and other regulated entities as a newly created innovation task force has started meeting with companies expressing an interest in the new technology.

  • May 12, 2026

    S2G Wraps $1B Inaugural Growth Fund

    Investment firm S2G Investments on Tuesday announced it had closed its inaugural growth-stage investment fund after securing $1 billion in commitments.

  • May 12, 2026

    Blockchain Analytics Biz Raises $120M Series D Funding

    Blockchain analytics firm Elliptic on Tuesday announced that it has hit a valuation of $670 million after closing its latest funding round with $120 million of investor commitments.

  • May 12, 2026

    Antares Clinches $8.5B Senior Loan Fund III

    Alternative credit firm Antares Capital, led by Davis Polk & Wardwell LLP, on Tuesday revealed that it wrapped its third fund after securing $8.5 billion in total commitments.

  • May 12, 2026

    Senate Puts Warsh On Track To Replace Powell As Fed Chair

    The U.S. Senate on Tuesday confirmed Trump nominee Kevin Warsh to a board seat at the Federal Reserve, moving him one step closer to taking over from Jerome Powell as chairman of the central bank.

  • May 11, 2026

    Fed's Bowman Says Bank Ratings Changes Are On The Way

    Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that regulators are preparing an overhaul of a key ratings system used for grading the condition of banks, casting it as part of a broader push to refocus bank oversight on so-called material financial risks.

  • May 11, 2026

    SEC Sends Plan To Nix Settlement 'Gag Rule' To White House

    The U.S. Securities and Exchange Commission has submitted to the White House a plan for rescinding a more than 50-year-old policy of restricting defendants who settle enforcement actions from denying the claims against them.

  • May 11, 2026

    AI Chipmaker Cerebras Upsizes IPO Target Range To $4.7B

    Artificial intelligence computing company Cerebras on Monday raised the proposed deal size for its upcoming initial public offering, jumping from a planned roughly $3.4 billion to an approximate $4.7 billion.

  • May 11, 2026

    Cowboy Space Hits $2B Valuation After $275M Funding Round

    Orbital infrastructure company Cowboy Space Corp., led by Fenwick & West LLP, on Monday announced that its valuation soared to $2 billion after it closed its most recent funding round with $275 million in tow.

  • May 11, 2026

    Cushman & Wakefield Failed To Protect Clients' Info, Suit Says

    A proposed class has accused global commercial real estate company Cushman & Wakefield Inc. in New York federal court of not doing enough to protect current and former clients' confidential information from hackers, who ultimately breached the company's systems.

  • May 11, 2026

    Trading Scheme Is A 'Wake-Up Call' For BigLaw Compliance

    The breadth of a decade-long insider trading scheme prosecutors say was fueled by stolen BigLaw merger information should jolt firms to reexamine their practices to close gaps in internal security, experts told Law360, even if totally eliminating bad actors is nearly impossible.

  • May 11, 2026

    OpenAI Launches New Venture With $4B Initial Investment

    Artificial intelligence giant OpenAI on Monday announced plans to form a new company meant to increase adoption of its software across enterprises, which will launch with $4 billion of private equity investments, as well as the acquisition of an artificial intelligence consulting firm, Tomoro.

  • May 11, 2026

    Blackstone, Halliburton Plug $1B In Energy Startup VoltaGrid

    Behind-the-meter power generation company VoltaGrid said Monday that it plans to acquire a supplier and expand its offerings for data centers, microgrids and industrial uses with a $1 billion investment from Blackstone and Haliburton Co., advised by Kirkland & Ellis LLP, Sidley Austin LLP, Simpson Thacher & Bartlett LLP and Mogan Daniels Slager LLP.

  • May 11, 2026

    Apollo Agrees To Buy Events Businesses Emerald, Questex

    Sidley Austin LLP-advised Apollo said Monday it has agreed to acquire trade show operators Emerald Holding and Questex, with plans to combine the companies into a leading North American events and media platform.

  • May 11, 2026

    UWM Ups Two Harbors Bid To Thwart CrossCounty Deal

    UWM Holdings Corp. is trying to thwart CrossCountry Mortgage LLC's bid to acquire real estate investment trust Two Harbors Investment Corp., upping its bid for the REIT on Monday from $12 per share to $12.50 per share in an all-cash deal that also offers stock.

  • May 08, 2026

    OCC Says AI Presents A Double-Edged Sword To Banks

    Artificial intelligence is "significantly transforming" the cybersecurity threat landscape for banks while also presenting opportunities to help defend against those heightened risks, according to a new report from the Office of the Comptroller of the Currency.

  • May 08, 2026

    Coinbase Stole Patented Blockchain Network Tech, Co. Says

    A Texas company has asked a federal court to block Coinbase from infringing a group of patents covering improvements to blockchain technology, pointing to two of the cryptocurrency exchange's products: the Coinbase Wallet and the Base app.

  • May 08, 2026

    6th Circ. Backs Ex-Fed Worker's Long COVID Benefits Denial

    The Sixth Circuit backed a win for the Federal Reserve Bank of Cleveland, its long-term disability plan, and a benefit management company in a former Cleveland Fed employee's suit seeking additional benefits for long-haul COVID symptoms, holding a lower court properly applied New York state contract law in reaching its decision. 

  • May 08, 2026

    Ex-CEO To Pay SEC $1.6M Over Cannabis Biz Fraud Claims

    A California businessman accused of running a Ponzi-like scheme with money clients gave him to invest in the cannabis industry will pay $1.6 million to end the U.S. Securities and Exchange Commission's enforcement action, according to a recently entered judgment.

  • May 08, 2026

    SEC Says Firms Ran $26M High-Yield Investment Fraud

    The U.S. Securities and Exchange Commission has sued a financial solutions firm and others in Florida federal court, accusing them of bilking investors out of $26 million by stealing funds that they had promised to invest in high-yield accounts.

  • May 08, 2026

    Disbarred Atty Can't Escape Tax Evasion Case, 2nd Circ. Says

    A disbarred English attorney who assisted the heirs of an American businessman in evading taxation on their inheritance cannot use an "extraordinary" post-conviction remedy to overturn part of the verdict and a $4 million restitution bill, the Second Circuit ruled Friday.

  • May 08, 2026

    White House Defends Pardon Process Following Dem Inquiry

    The White House says it has a "rigorous" review process for pardons following an investigation launched by Democrats into possible corruption.

  • May 08, 2026

    2 Firms Advise On OnlyFans Stake Sale At $3.15B Valuation

    OnlyFans owner Fenix International Ltd. said Friday it has agreed to sell a minority stake to investment firm Architect Capital in a deal valuing the company at $3.15 billion, with the transaction aimed at expanding the platform's financial services and creator tools.

  • May 08, 2026

    Ex-Wachtell Lipton Atty Tied To Stolen BigLaw Info Trades

    A former Wachtell Lipton Rosen & Katz attorney who later worked for investment bank LionTree LLC is an unindicted co-conspirator in a sweeping alleged insider trading scheme that involved stolen information from several prominent law firms, according to a review of publicly available information.

  • May 08, 2026

    Covington, Cooley Lead Drugmaker Odyssey's $279M IPO

    Venture-backed biotechnology firm Odyssey Therapeutics began trading publicly Friday after raising $279 million in its initial public offering, making it the latest biotech to hit the public markets over the last few weeks.

Expert Analysis

  • Opinion

    AI-Assisted Arbitration Needs Safeguards To Ensure Fairness

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    As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, ​​​​​​​clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.

  • Series

    Playing Piano Makes Me A Better Lawyer

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    Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.

  • AI-Generated Doc Ruling Guides Attys On Privilege Risks

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    A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.

  • The Law Firm Merger Diaries: Leadership Strategy After Day 1

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    For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.

  • Clearing US Legal Hurdles To Biz Opportunities In Venezuela

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    Companies evaluating foreign investment or activity in Venezuela given the U.S. government's recently announced plans to reinvigorate its natural resources should take specific steps to minimize risks connected to interactions with restricted parties given the web of U.S. counterterrorism, anticorruption and sanctions controls, say attorneys at King & Spalding.

  • Calif.'s Civility Push Shows Why Professionalism Is Vital

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    The California Bar’s campaign against discourteous behavior by attorneys, including a newly required annual civility oath, reflects a growing concern among states that professionalism in law needs shoring up — and recognizes that maintaining composure even when stressed is key to both succeeding professionally and maintaining faith in the legal system, says Lucy Wang at Hinshaw.

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

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    Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.

  • US-Ukraine Reconstruction Fund Tax Exemptions Uncertain

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    Tax provisions in the bilateral agreement to establish the U.S.-Ukraine Reconstruction Investment Fund, which recently announced it is accepting applications, are so broad and imprecise as to leave uncertainty regarding whether and when tax exemptions will apply to investors' income, say attorneys at Avellum and Debevoise.

  • Series

    Trivia Competition Makes Me A Better Lawyer

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    Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.

  • Series

    Law School's Missed Lessons: What Cross-Selling Truly Takes

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    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

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    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • Series

    Judges On AI: Practical Use Cases In Chambers

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    U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.

  • Opinion

    Corporations Should Think Twice About Mandatory Arbitration

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    The U.S. Securities and Exchange Commission's recent acceptance of mandatory arbitration provisions in corporate charters and bylaws does not make them wise, as the current system of class actions still offers critical advantages for corporations, says Mohsen Manesh at the University of Oregon School of Law.

  • A Closer Look At California Financial Regulator's 2026 Agenda

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    California Department of Financial Protection and Innovation Commissioner KC Mohseni in recent remarks demonstrated the regulator's growing importance amid the Consumer Financial Protection Bureau's retreat by debuting expansive goals for 2026, including finalizing rulemaking for the state's digital asset law and expanding enforcement authority around consumer complaints, says John Kimble at Hinshaw.

  • Series

    Trail Running Makes Me A Better Lawyer

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    Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.

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