Asset Management

  • May 06, 2026

    Boeing Says Fund's Revised 737 Max Fraud Suit Still Doomed

    Boeing has urged an Illinois federal judge to permanently toss a securities fraud suit accusing the company of misrepresenting the safety of its 737 Max 8 jets after two deadly crashes overseas, reiterating that the Massachusetts-based investment fund cannot pursue claims purportedly assigned to it by a defunct assignor.

  • May 06, 2026

    'Drugs Made In America' SPAC Eyes $1B Deal With AI Platform

    Special purpose acquisition company Drugs Made In America Acquisition Corp. has filed plans with U.S. regulators to merge with tech company Power Analytics Global Corp. in a deal with a target enterprise valuation of $1 billion for Power Analytics.

  • May 06, 2026

    Colo. Investor Claims Biz Partners Illegally Transferred Assets

    A manager of a Colorado investment company accused his business partners on Wednesday of violating a business agreement by transferring shares and selling off properties without his required permission.

  • May 06, 2026

    Ametek To Acquire PE-Owned Indicor Instrumentation For $5B

    Industrial technology company Ametek Inc. said Wednesday it has agreed to pay $5 billion in cash for a portfolio of instrumentation businesses from Indicor LLC, a portfolio company of private equity firm CD&R.

  • May 06, 2026

    CellCentric Closes Latest Funding Round With $220M In Tow

    Clinical-stage biotechnology company CellCentric on Wednesday revealed that it closed its oversubscribed Series D financing round after securing $220 million from investors.

  • May 06, 2026

    Okla. House OKs Valuation Method Change For Some Rentals

    Oklahoma would allow certain rental housing to be valued using a cost approach instead of an income approach under a bill passed in the state House of Representatives.

  • May 06, 2026

    NJ Judge Says Honeywell Fee Bid Must Wait For Appeal

    A New Jersey federal judge has said a Honeywell request for nearly $81,000 in attorney fees must wait while a former worker appeals the dismissal of a proposed class action alleging that the company violated federal law by mismanaging 401(k) forfeitures.

  • May 05, 2026

    Software Co. Doxim Inks $5.5M Deal To End Data Breach Suit

    Credit union customers asked a Michigan federal judge Tuesday to preliminarily approve an amended $5.5 million class settlement resolving claims that software-as-a-service company Doxim Inc. failed to protect sensitive personal information that ended up exposed in a 2023 data breach.

  • May 05, 2026

    Worker Fights 2nd Circ.'s Toss Of Teamsters Fund ERISA Suit

    The U.S. Supreme Court should revive claims that the New York State Teamsters Conference Pension and Retirement Fund was mismanaged, a Teamsters-represented worker argued, asking the justices to breathe new life into his twice-dismissed Employee Retirement Income Security Act lawsuit.

  • May 05, 2026

    Investors In $16B YPF Feud Win Round Against Argentina

    A New York federal judge has ruled that investors in Argentine oil and gas exploration company YPF SA can use discovery obtained in a decade-long dispute against the country in a parallel $16 billion investor-state arbitration they plan to initiate, saying they had shown a "compelling need."

  • May 05, 2026

    Kilpatrick Adds Buchalter Financial Services Partner In Seattle

    Attorney Marcus J. Williams joined Kilpatrick Townsend & Stockton LLP's Seattle office as a partner in its financial institutions team, the firm announced Tuesday, saying the hire from Buchalter PC would help bolster Kilpatrick's growth in the Pacific Northwest and Intermountain Region.

  • May 05, 2026

    Santander Says Ex-Adviser Poached Lion's Share Of Clients

    Santander Bank and its investment adviser unit have sued a former employee, alleging that he improperly wooed away the vast majority of his clients when he decamped for a competitor.

  • May 05, 2026

    BlackRock, State Street Push To Trim Red State AGs' Suit

    BlackRock and State Street have further urged a Texas federal judge to trim down antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that the chain from their investment activity to retail electricity prices "stretches through multiple intervening markets and countless nonparties."

  • May 05, 2026

    Ending Carried Interest Tax Break May Net $88B, Report Says

    Ending the carried interest tax break could raise far more than previously estimated, nearly $88 billion in a decade, based on a new methodology put forward in a report by the Yale Budget Lab.

  • May 05, 2026

    IRS Beats Suit Claiming Secret Rule Targeted Stock Plan

    A transportation company cannot pursue its claims that the IRS adopted a secret rule that targeted its stock ownership plan, a Wisconsin federal judge ruled, throwing out the company's suit.

  • May 05, 2026

    Kirkland-Led Twin Bridge Closes 6th Fund With $855M In Tow

    Kirkland & Ellis LLP-advised Twin Bridge Capital Partners on Tuesday announced it had closed its sixth lower middle market-focused fund, dubbed Pacific Street Fund VI LP, after securing $855 million in investor commitments — exceeding the private equity firm's initial $800 million target.

  • May 05, 2026

    Willkie Guides Bridge Growth's $790M Vehicle

    Bridge Growth Partners announced Tuesday that the investment firm raised CA$1.1 billion ($790 million) for a single-asset continuation vehicle under the guidance of Willkie Farr & Gallagher LLP, allowing it to extend its investment in artificial intelligence platform Solace.

  • May 05, 2026

    Fugitive Trader's Wife Held In Contempt Amid $67M Fraud Suit

    A Connecticut federal judge has held the wife of a fugitive Oak Management Corp. trader in contempt for trying to use her divorce case to take control of assets under the management of a receiver, who was appointed as part of a U.S. Securities and Exchange Commission civil suit.

  • May 05, 2026

    Sandoz, Novartis Must Face Generics Claims From GM, Others

    A Pennsylvania federal judge largely refused to let dozens of generic-drug makers duck stand-alone price-fixing and market allocation antitrust claims from major employers like General Motors, American Airlines and Lowe's, nixing allegations against a small handful while importantly preserving them against Novartis and its former Sandoz subsidiary.

  • May 05, 2026

    3 Firms Steer Crypto Exchange Bullish's $4.2B Equiniti Buy

    Bullish said Tuesday it has agreed to acquire Equiniti in a $4.2 billion transaction steered by three law firms, as the institutional digital asset platform aims to create a global transfer agent for tokenized securities.

  • May 05, 2026

    SEC Lifts NY Atty's Lifetime Practice Ban

    The U.S. Securities and Exchange Commission on Tuesday lifted a lifetime ban preventing a New York attorney from practicing before the agency, following an attempt to leverage a client's testimony before the SEC.

  • May 05, 2026

    Paul Weiss-Led Apollo Clinches $6.5B Hybrid Value Fund

    Paul Weiss Rifkind Wharton & Garrison LLP-advised private equity giant Apollo on Tuesday revealed that it closed its third hybrid value fund after securing $6.5 billion in total commitments.

  • May 05, 2026

    Freshfields Adds Skadden White Collar Lawyer In DC, NY

    Freshfields LLP has hired a Skadden Arps Slate Meagher & Flom LLP white collar defense lawyer, who spent years working as a federal prosecutor investigating corporate financial crime, international money laundering and other related matters.

  • May 05, 2026

    Proskauer Lands Globetrotting Private Funds Atty In LA

    Proskauer Rose LLP announced Tuesday that it has brought on a former Allen Overy Shearman Sterling LLP partner in its private funds group in Los Angeles.

  • May 04, 2026

    Exxon Execs Never Pressured Profitability Analysts, Jury Hears

    Former Exxon Chief Executive Rex Tillerson testified Monday that the company's top brass never pressured employees to make the company's holdings seem more profitable than they were, telling a jury in Texas federal court that he stood by the reports the company issued to investors.

Expert Analysis

  • 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.

  • Navigating New Risks Amid Altered Foreign Issuer Landscape

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    The U.S. Securities and Exchange Commission's potential rulemaking to redefine who qualifies as a foreign private issuer will shape securities regulation and enforcement for decades, affecting not only FPIs and U.S. investors but also the U.S.' position in global capital markets, says Elisha Kobre at Sheppard.

  • Tips From Del. Decision Nixing Major Earnout Damages Award

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    The Delaware Supreme Court recently vacated in part the largest earnout-related damages award in Delaware history, making clear that the implied covenant of good faith and fair dealing cannot be used to rescue parties from drafting choices where the relevant regulatory risk was foreseeable at signing, say attorneys at Sullivan & Cromwell.

  • What Applicants Can Expect From Calif. Crypto License Law

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    With the July effective date for California's Digital Financial Assets Law fast approaching, now is a critical time for companies to prepare for licensure, application and coverage compliance ahead of this significant regulatory milestone that will reshape how digital asset businesses operate in California, say attorneys at MoFo.

  • Malpractice Claim Assignability Continues To Divide Courts

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    Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.

  • How Latest Nasdaq Proposals Stand To Raise Listings Quality

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    Nasdaq's recent proposals stand to heighten both quantitative and qualitative standards for issuers, which, if approved, may bring investors stronger market integrity and access but also raise the listings bar, say attorneys at Norton Rose.

  • Where PCAOB Goes Next After A Year Of Uncertainty

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    The Public Company Accounting Oversight Board will likely bring fewer enforcement matters in 2026, reflecting a notable change in board priorities following the change in administrations, say Robert Cox and Nicole Byrd at Whiteford Taylor and Matthew Rogers at Bridgehaven Consulting.

  • Weathering FINRA's Scrutiny Of Foreign Small-Cap Issuers

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    To prepare for the Financial Industry Regulatory Authority's recently announced targeted examinations, broker-dealers and firms that assist with IPOs abroad should consult years of FINRA guidance on managing the money-laundering and fraud risks inherent to foreign small-capitalization offerings, say Michael Watling and Elika Mohebbi at Seward & Kissel.

  • Series

    Teaching Logic Makes Me A Better Lawyer

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    Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.

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