Nasdaq Presses SEC To Enact Clearer Digital Asset Rules

By Tom Zanki

Nasdaq is urging the U.S. Securities and Exchange Commission and its sister agency that regulates derivatives to adopt clearer rules governing digital assets, calling for a system that classifies such products into four categories.

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Latham-Led StepStone Real Estate Clinches $3.77B 5th Fund

By Jade Martinez-Pogue

Latham & Watkins LLP-advised StepStone Real Estate on Monday revealed that it clinched its fifth flagship fund with $3.77 billion in tow.

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PE Giant TPG Snags Sabre's Hospitality Biz For $1.1B

By Jade Martinez-Pogue

Travel industry-focused technology provider Sabre Corp., advised by Haynes Boone, on Monday announced plans to sell its Hospitality Solutions business to Davis Polk & Wardwell LLP-led private equity shop TPG in a $1.1 billion cash deal.

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Defense-Focused SPAC Kochav Files $220M IPO

By Jade Martinez-Pogue

Defense- and aerospace-focused special purpose acquisition company Kochav Defense Acquisition has revealed plans to raise up to $220 million in an initial public offering, looking to list on the Nasdaq under the ticker symbol KCHVU.

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Commanders Agree To NFL Stadium Deal, Return To DC

By David Steele

The Washington Commanders will move from their current home in Maryland to a $3 billion stadium at the site of their previous stadium in D.C., team and city officials announced Monday, less than two years after the Commanders were bought by new ownership and less than four months after the federal government transferred control of the site to the city.

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Tax Services Provider Andersen Files Confidential IPO Plans

By Tom Zanki

Tax and legal services provider Andersen Group Inc. said Monday it confidentially filed for an initial public offering, marking a first step toward going public amid market volatility that has largely frozen IPOs in recent weeks.

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Wash. Judge Tosses Investor's $42M Real Estate Con Suit

By Rachel Riley

A federal judge in Seattle threw out a Las Vegas investment company's lawsuit accusing four businessmen of a $42 million fraud scheme, saying on Monday that the firm hasn't shown a "substantial part" of the allegations occurred in western Washington.

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Jazz Musician Turned Atty Joins Pillsbury In DC From Kirkland

By Jack Rodgers

Pillsbury Winthrop Shaw Pittman LLP's new private capital and investment funds practice partner David Holland, never imagined himself as a lawyer. In fact, he started working at law firms as a way to finance travel for music school grad program auditions, he told Law360 Pulse in an interview Monday.

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SEC Update May Ease Accredited Investor Status Verification

The U.S. Securities and Exchange Commission recently opened a new avenue to verifying accredited investor status, which could encourage more private fund sponsors and other issuers to engage in a general solicitation with less fear that they will lose the offering's exemption from registration under the Securities Act, say attorneys at Simpson Thacher.

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The 2025 Lawyer Satisfaction Survey

Law firms and the legal profession are facing new uncertainties, shifting the stress levels, economic pressures, and overall contentment of lawyers in private practice, according to the 2025 Law360 Pulse Lawyer Satisfaction Survey.

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'The Court Is Not A Cartoon': Judge Rips Dragon Watermark

By Hailey Konnath

A Michigan federal magistrate judge Monday ordered an East Lansing, Michigan, firm called Dragon Lawyers PC to stop plastering its pleadings with a large, suit-clad purple cartoon dragon watermark on each page, saying it's not only "distracting, it's juvenile and impertinent."

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Analysis

Feds Have Strong Hand On Judge Charged With Blocking ICE

By Danielle Ferguson and Carolyn Muyskens

A Wisconsin state judge faces an uphill battle in defending against federal criminal allegations that she helped a man evade immigration officials at a Wisconsin courthouse, but she may be able to stake out a defense in arguing the government can't prove intent, experts told Law360. 

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California Judge Loses Pay After Conviction For Murdering Wife

By Gina Kim

The California Commission on Judicial Performance formally suspended a California judge without pay after a state jury found him guilty of second-degree murder last week for shooting his wife to death in their Anaheim Hills home on Aug. 3, 2023, following a heated argument. 

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Q&A

Sullivan M&A Chief Sees Opportunities Amid Tariff Turmoil

By Al Barbarino

After a rocky start to 2025, the mergers and acquisitions landscape is grappling with economic volatility, shifting trade policies and a complex regulatory environment. But even in a "choppy" market, there are always deals to be made, says Melissa Sawyer, global head of Sullivan & Cromwell LLP's M&A group and co-head of its corporate governance practice.

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NJ Judge Apologizes Through Waylon Jennings Lyrics

By George Woolston

Clark Township, New Jersey, Municipal Judge Antonio Inacio said Tuesday that he isn't proud of all the things that led him to appear before a Garden State judiciary disciplinary committee, but he can say that he never intentionally hurt anyone by his conduct.

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$10M Brown Rudnick Deal With Guo Trustee Gets Judge's OK

By Aaron Keller

A Connecticut bankruptcy judge on Tuesday approved a $10 million deal between Miles Guo's Chapter 11 trustee and the Chinese exile's onetime attorneys at Brown Rudnick LLP, and greenlighted 10 lesser settlements with other firms and luxury retailer Versace.

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Analysis

GOP Plan To Shutter Audit Watchdog Could Strain SEC

By Jessica Corso

Congressional Republicans are renewing the push to get rid of a financial regulator that conservatives have complained is costly and lacks proper oversight, but some former staffers at the Public Company Accounting Oversight Board wonder whether the U.S. Securities and Exchange Commission has the manpower or expertise to take over the board's duties.

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Federal Defenders Of NY Staff Announce Union Drive

By Andrea Keckley

Staff members at the Federal Defenders of New York have announced their plans to join their attorney colleagues as members of the Association of Legal Advocates and Attorneys.

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Justices Scoff At Feds' Defenses In Mistaken FBI Raid Case

By Chart Riggall

Supreme Court justices Tuesday appeared flummoxed by the government's "ridiculous" arguments it should be immune to a Georgia resident's lawsuit over a mistaken FBI raid on her house, but seemed unlikely to issue a blanket ruling on when an officer's discretion trumps their liability for injuries caused by their actions.

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Alex Jones Wants High Court Look At $1.3B Sandy Hook Case

By Brian Steele

Bankrupt Infowars host Alex Jones will ask the U.S. Supreme Court to invalidate a mammoth libel judgment that families of Sandy Hook shooting victims secured against him and his company over his conspiratorial broadcasts calling the massacre a hoax, he told a Connecticut appellate court in seeking to extend a pause on the payout.

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Breyer To Talk Pragmatism At NJ Bar Association Convention

By Carla Baranauckas

Retired U.S. Supreme Court Justice Stephen Breyer will bring his pragmatic legal philosophy to center stage when he appears at the New Jersey State Bar Association Convention on May 16 in Atlantic City.

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