Asset Management

  • April 17, 2026

    Drone Co. Aevex Joins Defense-Related IPOs, Raising $320M

    Drone-maker Aevex Corp. began trading Friday after raising $320 million in its initial public ‌offering, steered by a Kirkland & Ellis LLP team and with Latham & Watkins LLP advising the underwriters.

  • April 17, 2026

    4 Firms Lead Kraken's $550M Buy Of Crypto Derivatives Biz

    Four firms including Haynes Boone and Jones Day guided Kraken's $550 million acquisition of regulated crypto derivatives exchange Bitnomial, according to a Friday announcement from Kraken.

  • April 17, 2026

    Macquarie Selling Romanian Grid Network For About $825M

    Premier Energy Group said Friday it has agreed to acquire Romania-based electricity distributor Distributie Energie Oltenia, or DEO, from funds managed by Australia's Macquarie Asset Management for about €700 million ($825 million).

  • April 17, 2026

    Lockheed Can't Slip Workers' 401(k) Self-Dealing Suit

    Lockheed Martin can't escape a proposed class action alleging the company breached fiduciary duties under federal benefits law by offering underperforming proprietary target-date fund offerings in several employee 401(k) plans worth approximately $50 billion, after a New Jersey federal judge largely refused to toss the dispute.

  • April 17, 2026

    Latham Leads Kailera's $625M IPO In Obesity Drug Push

    Obesity biotech Kailera Therapeutics made its public debut Friday, raising $625 million in an upsized initial public offering that represents one of the largest biotech IPOs in recent years.

  • April 17, 2026

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

    The past week in London has seen Aston Martin file an appeal in a row with Chinese carmaker Geely over its winged logo for London black cabs, Ineos sue Ben Ainslie's America's Cup team for a £180 million ($244 million) boat, White & Case face a claim from two energy storage companies, and a golf tour company bring a claim against Saudi Arabia's sovereign wealth fund after the fund invested in its rival.

  • April 17, 2026

    4th Circ. Says Merrill Bonus Plan Exempt From ERISA

    The Fourth Circuit on Friday refused to revive an ex-Merrill financial adviser's proposed class action claiming he was shorted deferred compensation, backing a lower court's holding that the retention bonuses at issue were exempt from federal benefits law.

  • April 17, 2026

    Sumitomo's $4.5B Tri Pointe Deal Clears Antitrust Review

    Japanese logging company Sumitomo Forestry Co.'s $4.5 billion all-cash acquisition of U.S. homebuilder Tri Pointe Homes has met an antitrust review requirement for closing the merger, Tri Pointe said in a securities filing.

  • April 16, 2026

    Latham-Led Nuclear Power Supplier X-Energy Eyes $750M IPO

    X-Energy Inc., which develops advanced nuclear reactors and fuel technology, is looking to raise $750 million in an upcoming initial public offering guided by Latham & Watkins LLP, the company has announced.

  • April 16, 2026

    Sentencing Commission Votes To Enact Modest Reform Agenda

    The U.S. Sentencing Commission on Thursday voted to enact multiple revisions to the federal sentencing guidelines, including the first inflationary adjustment in over a decade for calculating penalties for economic crimes, but declined to take action on a series of more transformational changes that were under consideration.

  • April 16, 2026

    Calif. Trader Raised $40M In Ponzi-Like Fraud, Feds Say

    The head of a California-based trading firm has been accused by federal prosecutors and the U.S. Securities and Exchange Commission of defrauding at least 400 investors out of about $40 million with false representations about his success and Ponzi-like payments.

  • April 16, 2026

    OCC Lifts JPMorgan's Trade Surveillance Consent Order

    The Office of the Comptroller of the Currency said Thursday it has ended a Biden-era consent order with JPMorgan Chase over its trade surveillance monitoring, which was at the center of hundreds of millions of dollars in fines for the banking giant two years ago.

  • April 16, 2026

    Gibson Dunn-Led Diginex Snags Resulticks In $1.5B Deal

    Gibson Dunn & Crutcher LLP-advised Diginex Ltd. on Thursday announced plans to acquire customer engagement solutions provider Resulticks Global Companies Pte. Ltd., led by Baker McKenzie Wong & Leow, in an all-share deal valued at $1.5 billion.

  • April 16, 2026

    Fla. Panel Upholds Ex-Worker's Postclaim Arbitration Deal

    A Florida state appellate panel on Wednesday barred a woman from pursuing sexual discrimination allegations against her former employer in court, saying she agreed to arbitrate her claims in a settlement that followed her initial U.S. Equal Employment Opportunity Commission charge. 

  • April 16, 2026

    Optimum Defends Antitrust Suit Against Apollo, BlackRock

    Apollo, Ares, BlackRock and other financial giants are colluding to block Optimum Communications Inc. from negotiating a debt refinancing to avert bankruptcy, acting as a "cartel" and locking Optimum out of credit markets, Optimum said in a brief opposing the investors' bid to dismiss its antitrust suit in New York.

  • April 16, 2026

    Kirkland-Led Madison Air Prices Largest IPO Of 2026 At $2.2B

    Air ventilation and filtration company Madison Air Solutions made its public trading debut Thursday after pricing a blockbuster $2.2 billion initial public offering, marking the largest IPO of 2026 so far.

  • April 16, 2026

    Ky. Conforms To Fed. Tax Changes, Nixes Tax Threshold

    The Kentucky General Assembly overrode the governor's veto of a bill that eliminates its sales tax nexus transaction threshold, levies sales tax on data brokering services and will conform the state's tax code with some provisions of the Internal Revenue Code.

  • April 16, 2026

    DOL Benefits Chief Pressed On Labor Secretary's Conduct

    The head of the U.S. Department of Labor's employee benefits arm faced tough questions from House Democrats at an oversight hearing Thursday, fielding questions about the labor secretary's on-the-job conduct as well as the DOL's take on mental health parity enforcement. 

  • April 16, 2026

    Davis Polk, Ropes & Gray Lead Defense Tech Firm Arxis' $1.1B IPO

    Bloomfield, Connecticut-based aerospace parts manufacturer Arxis said it raised $1.1 billion after pricing shares at the top of their range in a Thursday initial public offering advised by Davis Polk & Wardwell LLP and Ropes & Gray LLP.

  • April 15, 2026

    Trump Defends DOJ Investigation Of 'Incompetent' Fed Chair

    President Donald Trump expressed support Wednesday for the U.S. Department of Justice continuing to investigate Federal Reserve Chair Jerome Powell over the Fed's headquarters renovation, saying the government must "find out what happened" with the project's $2.5 billion price tag.

  • April 15, 2026

    Risk Retention Group's $13M Arbitration Win Confirmed

    A pair of reinsurers must pay out a more than $13 million arbitration award issued to a risk retention group for its reimbursement of a policyholder's costs to correct federal financial filings, a Vermont federal court ruled, rejecting claims that the arbitrator was biased and improperly refused to relitigate coverage.

  • April 15, 2026

    Ace Secures $228M Across 2 Flagship Funds Despite Volatility

    Global investment group Ace & Company on Wednesday revealed that it secured a total of $228 million of capital commitments across two of its flagship funds in the first quarter of the year, a feat that the firm said came during "significant" market volatility and "heightened" geopolitical uncertainty.

  • April 15, 2026

    Cvent Investors Reach $12M Deal To End Take-Private Suit

    Stockholders of cloud-based event management technology provider Cvent Holding Corp. have reached a $12 million settlement with the company, its top brass and its controlling shareholder over claims that they breached their fiduciary duties in connection with the company's $4.6 billion take-private sale to affiliates of Blackstone Inc.

  • April 15, 2026

    What To Know About DOL's Benefits Enforcement Update

    The U.S. Department of Labor's employee benefits arm recently issued updated enforcement guidance that highlighted the agency's goal of shifting to focus more on breaches of the fiduciary duty of loyalty under federal benefits law. Here are three things experts said stood out about the DOL's update.

  • April 15, 2026

    DOL's Warning For Proxy Advisers Acts On A Trump Order

    The U.S. Department of Labor's employee benefits division cautioned Wednesday that proxy advisory firms may be providing advice that could make them fiduciaries under federal law, following through on a directive that President Donald Trump issued in December.

Expert Analysis

  • 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.

  • How Banks Can Apply FinCEN Beneficial Ownership Relief

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    A recent Financial Crimes Enforcement Unit order limiting the circumstances under which banks should identify and verify beneficial owners may allow banks to tailor their approach to verification compliance, but only after reviewing customer due diligence policies and evaluating alignment with their risk profiles, say attorneys at Cleary.

  • Series

    Volunteering With Scouts Makes Me A Better Lawyer

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    Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.

  • Series

    Law School's Missed Lessons: In Court, It's About Storytelling

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    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

  • How Leveraged Lending Pivot May Alter Bank Risk Oversight

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    The Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency's recent withdrawal of leveraged lending guidance introduces several principles that may allow banks to better apply enterprisewide risk management programs and potentially create additional competition in the private credit loan market, say attorneys at Mayer Brown.

  • How Recent Del. Rulings Clarify M&A Deal Fraud Carveouts

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    Two recent Delaware decisions have provided clarity regarding when a party can or cannot rely on representations made during the course of an M&A transaction, particularly on the scope and enforceability of antireliance provisions, and on representations they knew or should have known were false, says Anthony Boccamazzo at Olshan Frome.

  • Aligning Microsoft Tools With NYC Bar AI Recording Guidance

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    The New York City Bar Association’s recently issued formal opinion, providing ethical guidance on artificial intelligence-assisted recording, transcription and summarization, raises immediate questions about data governance and e-discovery for companies that use Microsoft 365 and Copilot, say Staci Kaliner, Martin Tully and John Collins at Redgrave.

  • FINRA Guide Refines Rules Of The Road For Negative Consent

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    A recent Financial Industry Regulatory Authority notice streamlines the use of negative consent letters to customers, particularly for introducing brokers and clearing brokers, but it also attaches greater responsibility to compliance, and firms must ensure use of negative consent remains firmly within FINRA's bright-line rules, say attorneys at Mintz.

  • 11th Circ. NextEra Ruling Broadens Loss Causation Standard

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    The Eleventh Circuit's recent Jastram v. NextEra Energy decision significantly expands the loss causation standard at the motion-to-dismiss stage and may lead to suits predicated on more tenuous connections between company disclosures and alleged misstatements, say attorneys at Sidley.

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