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Capital Markets
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February 09, 2026
Law360 Seeks Members For Its 2026 Editorial Boards
Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.
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January 27, 2026
Biotech Fundraising A Good Sign For Public Markets
At the start of what many healthcare attorneys hope will be a busy year, public biotechs are raising cash, signaling a thawing public market and potentially fertile ground for IPOs.
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January 27, 2026
Northwood Space Raises $100M In Series B
Northwood Space Corp., a California-based company that provides infrastructure for space missions, said Tuesday that it has raised $100 million in its latest funding round, co-led by investors Washington Harbour Partners and Andreessen Horowitz.
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January 27, 2026
Kalshi Taps Ex-Amazon State Policy Pro For New DC Shop
Trading platform Kalshi is expanding its policy efforts amid battles with state gambling regulators and tribes with a new office in Washington, D.C., staffed by government relations specialists, including a former Amazon executive who spent close to a decade with the Mississippi Attorney General's Office.
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January 27, 2026
Mountain Lake's Second SPAC Raises Upsized $313M Offering
Mountain Lake Acquisition Corp II, a blank-check company led by Axos Financial board chair Paul Grinberg, began trading Tuesday after pricing an upsized $313.2 million initial public offering.
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January 27, 2026
Complex Financial Instruments Group Of The Year: Cahill Gordon
Cahill Gordon & Reindel LLP's leveraged finance and private credit attorneys have continued to guide headline-grabbing deals in the midst of complex regulatory and tumultuous economic conditions, including financing Nexstar's proposed $6.2 billion mega-merger of television broadcasters, earning the firm a spot among the 2025 Law360 Complex Financial Instruments Groups of the Year.
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January 27, 2026
3 Firms Guide GigCapital's Latest SPAC, Raising $220M
GigCapital9 Corp., the latest special purpose acquisition company led by serial SPAC sponsor Avi Katz, began trading publicly Tuesday after pricing its $220 million initial public offering.
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January 27, 2026
Fatburger Owner FAT Brands Hits Ch. 11 With $1.5B Debt
FAT Brands Inc., the owner of Fatburger and Johnny Rockets, and its affiliates have filed for Chapter 11 protection in a Texas bankruptcy court with $1.45 billion in funded debt, felled by an unsustainable debt load and flagging liquidity.
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January 26, 2026
SEC Tells Judge Chat Records Bolster Its Short-Selling Claims
The U.S. Securities and Exchange Commission is looking for an early victory on certain claims against an investment adviser and its managing partner accused of engaging in an illicit short-selling scheme, arguing the managing partner's online messages and his own admission that he'd made a "poor business decision" support a finding in its favor.
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January 26, 2026
Citadel Securities Lobbies SEC For $119M CAT Fee Refund
Citadel Securities is pressing for the return of $119 million it argues was unlawfully collected to fund a key market surveillance database known as the consolidated audit trail, telling the U.S. Securities and Exchange Commission the collection of the fees violated an Eleventh Circuit decision.
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January 26, 2026
Bain-Controlled Bob's Discount Furniture Eyes $350M IPO
Bob's Discount Furniture Inc. on Monday revealed plans to sell nearly 19.5 million shares of its common stock at an estimated $17 to $19 per share via an initial public offering, allowing the Connecticut-based retailer to potentially raise $350 million, assuming midpoint estimates.
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January 26, 2026
Sens. Offer Crypto Bill Amendments As Storm Delays Markup
The Senate Agriculture Committee said Monday that it will postpone its markup of a bill to regulate crypto markets to Thursday in light of the weekend's winter storm, while Democrats submitted proposals to insert ethics language and ensure appointments to the U.S. Commodity Futures Trading Commission.
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January 26, 2026
P&G Hit With Suit Over Alleged Lead In Tampax
Procter & Gamble has been hit with a proposed class action in Illinois federal court alleging that certain Tampax Pearl tampons contain unsafe levels of lead that can directly enter the bloodstream, even though the personal care products are marketed as safe from contamination.
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January 26, 2026
USA Rare Earth Secures $3.1B Of Federal And Private Funding
Mining company USA Rare Earth Inc. on Monday announced that it is set to receive $3.1 billion of new funding through collaborations with the U.S. government and a private investment in public equity funding commitment, in deals shaped by three law firms.
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January 26, 2026
Beyond Meat's $77M Write-Down 'Shocked' Market, Suit Says
Meat-substitute maker Beyond Meat Inc. is facing a proposed investor class action alleging it concealed its struggles to turn a profit, hurting investors as it eventually acknowledged quarterly losses that included a $77 million write-down.
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January 26, 2026
Complex Financial Instruments Group Of The Year: Ropes & Gray
Ropes & Gray LLP's finance team led Arcline Investment Management through a first-ever emergency communications infrastructure securitized notes offering and secured a deal between chipmaker Wolfspeed and its creditors that involved slashing $4.6 billion of debt, placing the firm among the 2025 Law360 Complex Financial Instruments Groups of the Year.
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January 26, 2026
Zenas BioPharma Slams Investor's Revamped Fraud Claim
Zenas BioPharma has asked a Massachusetts federal judge to toss a putative investor class action targeting pre-initial public offering statements about the company's spending, saying it didn't hide that it had ramped up investment in research and development.
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January 26, 2026
Canada's Allied Gold Agrees To $4B Sale To China's Zijin Gold
Canadian gold producer Allied Gold said Monday it has agreed to be bought by Zijin Gold International in an all-cash deal valued at about CA$5.5 billion ($4 billion).
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January 26, 2026
2 Firms Guide Data Center, Grid Parts Builder Seeking $1.5B
Forgent Power Solutions, a manufacturer serving industrial and data center customers, said Monday that it expects to raise an estimated $1.5 billion in an upcoming initial public offering advised by Weil Gotshal & Manges LLP and Latham & Watkins LLP.
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January 26, 2026
Gold Mining Businesses Merge In $372M Deal
Gold and silver producer Gold Resource Corp. on Monday announced plans to be bought by Canadian-based mining company Goldgroup Mining Inc. in a $372 million deal.
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January 23, 2026
Rivian Can't Ditch Latest Investor Suit Over EV Production
A California federal judge refused Thursday to toss a proposed class action alleging Rivian and its top brass misled investors about its 2023 production capabilities and demand for electric vehicles, rejecting Rivian's arguments that the securities claims cannot proceed in light of the Ninth Circuit's recent Sneed v. Talphera ruling.
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January 23, 2026
OCC Won't Delay Trump Family-Tied Co. Bank Charter Review
The Office of the Comptroller of the Currency's head, Jonathan Gould, on Friday refused to delay a review of crypto firm World Liberty Financial's national trust bank application, rebuffing concerns by Sen. Elizabeth Warren, D-Mass., that President Donald Trump's close ties to the company pose a conflict of interest.
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January 23, 2026
Crypto Project Laundered North Korea Crime Funds, Suit Says
Torture and terror survivors and their families who have won monetary judgments against North Korea asked a Washington, D.C., federal judge to order a cryptocurrency project to pay nearly $250 million for allegedly laundering North Korean hacker funds they say should have been frozen and seized for the plaintiffs' compensation.
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January 23, 2026
6th Circ. Won't Revive Bread Financial Investors' Suit
The Sixth Circuit won't resuscitate investor claims against the company now known as Bread Financial Holdings Inc., finding that the suit didn't show how shareholders were misled or defrauded leading up to a corporate spin-off that ended in bankruptcy.
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January 23, 2026
Conservative Org. Contests SEC's Delay Bid In Data Tool Case
The conservative think tank leading the case against the U.S. Securities and Exchange Commission's market oversight tool known as the consolidated audit trail has asked a Texas federal judge not to delay legal proceedings any further while the agency works to change the tool.
Expert Analysis
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Opinion
A Uniform Federal Rule Would Curb Gen AI Missteps In Court
To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.
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9th Circ. Ruling Clarifies Auditor Liability For IPO Errors
The Ninth Circuit's recent decision in Hunt v. PricewaterhouseCoopers elucidates the legal standard for claims against auditors in connection with a company's initial public offering, confirming that audit opinions are subjective and becoming the first circuit to review this precise question since the U.S. Supreme Court's 2015 Omnicare ruling, say attorneys at Morgan Lewis.
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Series
The Law Firm Merger Diaries: Integrating Practice Groups
Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.
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The Tricky Issues Underscoring Prediction Market Regulation
Prediction markets are not merely testing the boundaries of commodities law — they are challenging the conventional divisions between gambling regulation and financial market oversight, and in doing so, may reshape both, says Braeden Anderson at Gesmer Updegrove.
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Opinion
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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The SEC Whistleblower Program A Year Into 2nd Trump Admin
The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.
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Key Crypto Class Action Trends And Rulings In 2025
As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.
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How New SEC Policies Shift Shareholder Proposal Landscape
U.S. Securities and Exchange Commission Chairman Paul Atkins' recent remarks provide a road map for public companies to exclude nonbinding shareholder proposals from proxy materials, which would disrupt the mechanism that has traditionally defined how shareholders and companies engage on governance matters, say attorneys at Gunderson.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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Series
The Biz Court Digest: Welcome To Miami
After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.
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Recent Proposals May Spell Supervision Overhaul For Banks
A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.
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What US Can Learn From Brazil's Securities Arbitration Model
To allay investor concerns about its recent approval of mandatory arbitration clauses in public company registration statements, the U.S. Securities and Exchange Commission should look to Brazil's securities arbitration model, which shows that clear rules and strong institutions can complement the goals of securities regulation, say arbiters at the B3 Arbitration Chamber.
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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How Bank-Fintech Partnerships Changed In 2025
The 2025 transition to the Trump administration, augmented by the reversal of Chevron deference in 2024, has resulted in unprecedented shifts, and bank-fintech partnerships are no exception, with key changes affecting a number of areas including charters, regulatory oversight and anti-money laundering, say attorneys at K&L Gates.