Fed 'Risk Aversion' Contributed To SVB's Failure, Report Says

By Jon Hill

A "culture of risk aversion" and diffusion of decision-making among Federal Reserve supervisory staff, not deregulation or social media chatter, contributed to the 2023 collapse of Silicon Valley Bank, according to initial findings from a new post-mortem review.

1 document attached | Read full article » | Save to favorites »

Cooley-Led Electra Therapeutics Prices Upsized $350M IPO

By Al Barbarino

Cooley LLP-advised Electra Therapeutics, a venture-backed biotech firm developing antibodies for immune diseases and cancer, began trading Friday after raising $350 million in an upsized IPO.

Read full article » | Save to favorites »

Latham Steers Industrial REIT Rexford On $1.2B Portfolio Sale

By Nate Beck

Rexford Industrial Realty said it has sold an industrial portfolio, with advice from Latham & Watkins LLP, to EQT Real Estate for $1.2 billion in a deal spanning 5.2 million square feet of rentable space.

Read full article » | Save to favorites »

SEC Alleges Ex-VC Assistant Took $1.3M From Funds

By Sydney Price

The U.S. Securities and Exchange Commission filed a suit in New Jersey federal court Friday alleging that a former executive assistant tasked with soliciting funds for two venture capital firms misappropriated $1.3 million over two years from the firms' private funds for personal expenses.

Complaint attached | Read full article » | Save to favorites »

9th Circ. Asks Wash. Justices About Indirect Employer Claims

By Rachel Riley

A Ninth Circuit panel has asked the Washington State Supreme Court to clarify whether the state's law permits common law wrongful firing claims against indirect employers and certain individuals, saying the answers are key to assessing a former solar company CFO's claim he was unjustly ousted by a private equity backer.

Decision attached | Read full article » | Save to favorites »

Data Center Infrastructure Company To Explore US Listing

By Tom Fish

Data center infrastructure developer Vesari Inc. is exploring a public listing in the U.S. through a merger with a special purpose acquisition company, alongside raising capital, its majority shareholder said Friday.

Read full article » | Save to favorites »

Roundup

Taxation With Representation: Davis Polk, Latham, Sullivan

By Zak Kostro

In this week's Taxation With Representation, a group backed by Michael Dell's family office and Sequence Holdings acquires a majority interest in The Baldwin Group, May Mobility merges with a blank check company, and Infineon Technologies sells its memory chip business to Winbond Electronics.

Read full article » | Save to favorites »

Simply Interior Gets OK For Litigation, Wind-Down Ch. 11 Plan

By Emily Lever

A Delaware bankruptcy judge Friday said he would approve a Chapter 11 liquidation plan from home textile and decor company Simply Interior Homes that will establish a liquidating trust intended to pay creditors with litigation proceeds.

1 document attached | Read full article » | Save to favorites »

Brief

Latham Picks Ex-Fried Frank PE Pro For DC Office

By Isaac Monterose

Latham & Watkins LLP has hired ex-Fried Frank private equity partner Ryan S. Plasky for a partner role on its banking and private credit team in Washington, D.C., the firm announced.

Read full article » | Save to favorites »

Senior Lawyers Survey: Tell Us About Your Career

How are senior lawyers adapting to evolving career paths and emerging technologies? Share your perspective in this five-minute survey.

Read full article » | Save to favorites »

The 2026 Regional Powerhouses

By Cara Bayles

From major deals to high-profile litigation, the firms named to Law360's 2026 Regional Powerhouses list are leading the way across 14 states. They deliver deep regional expertise and make a lasting impact at the state and local level.

Read full article » | Save to favorites »

Analysis

Attys 'Itching' To Join Congressional Probes Of Trump Admin

By Phillip Bantz

Efforts to recruit high-powered lawyers to Capitol Hill to potentially lead congressional committee probes into the various dealings of President Donald Trump's administration are gaining momentum as Democrats push to retake control of Congress in the quickly approaching midterm elections.

Read full article » | Save to favorites »

Ex-DOJ Chief Lambastes 'Abuses Of Power' In Goldstein Case

By Jeff Overley

The U.S. Department of Justice constantly made false statements in its criminal case against famed appellate advocate Tom Goldstein, and his convictions must be erased because "prosecutorial misconduct pervaded every stage of the proceedings," a former DOJ prosecutor told the Fourth Circuit.

2 documents attached | Read full article » | Save to favorites »

Ex-Wis. Judge Keeps License Amid ICE Conviction Appeal

By Ryan Boysen

The ex-Wisconsin judge convicted of obstructing an ICE arrest will remain an attorney in good standing while she appeals, after the Supreme Court of Wisconsin declined to suspend her law license.

Order attached | Read full article » | Save to favorites »

Richards Layton Litigator Selected For Chancery Seat In Del.

By Rose Krebs

A Richards Layton & Finger PA attorney has been nominated by Delaware Gov. Matt Meyer to serve on the bench of the nationally important Chancery Court, a venue that adjudicates some of the biggest corporate law cases.

Read full article » | Save to favorites »

Judge Questions Whether 'Lawfare' Fund Fight Is Really Moot

By Jared Foretek

A Virginia federal judge seemed unlikely to toss a challenge to the Trump administration's nixed "Anti-Weaponization Fund" and tax audit immunity for the Trump family Friday, saying she worries the fund could be revived in a different form down the road.

Read full article » | Save to favorites »

Chief US District Judge In SC To Take Senior Status Oct. 1

By Courtney Bublé

Chief U.S. District Judge Timothy Cain of the District of South Carolina has informed the president that he will be taking semiretired status on Oct. 1, according to an update posted Friday by the federal judiciary.

Read full article » | Save to favorites »

Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Starbucks settled a high-profile discrimination suit with Florida over its diversity, equity and inclusion policies, agreeing not to use race- or sex-based goals in hiring and promoting. And the SEC floated changing how publicly traded companies seek shareholder input, including promising to end one pathway for shareholders to place their proposals on corporate ballots. These are among the stories in corporate legal news you may have missed in the past week.

Read full article » | Save to favorites »

Reed Smith Defends Docs Production In Ex-Atty's Bias Suit

By Jake Maher

Reed Smith LLP urged a New Jersey court on Thursday to reject an "impulsive" motion from a former attorney suing it for gender discrimination seeking to strike its answer and affirmative defenses.

Memorandum attached | Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

Schemery Zicolello leads this week's edition of Law360 Legal Lions, after a Third Circuit panel ruled that police cannot conduct warrantless strip searches outside of jails or prisons absent consent or an emergency.

Read full article » | Save to favorites »

In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

Read full article » | Save to favorites »