Asset Management

  • April 21, 2026

    3 Firms Guide $1.2B Semiconductor Equipment SPAC Deal

    U.S.-based semiconductor materials company Forge Nano said Tuesday it has agreed to combine with blank check company Archimedes Tech SPAC Partners II Co. in a deal that values Forge Nano at $1.2 billion.

  • April 21, 2026

    HarbourVest Wraps 13th Fund With $2.4B In Tow

    Boston-based private equity shop HarbourVest Partners, advised by Debevoise & Plimpton LLP, on Tuesday revealed that it closed its 13th U.S. flagship primary fund after securing $2.4 billion in total capital commitments.

  • April 21, 2026

    Attys Get $20M Cut Of $84M Wells Fargo ESOP Deal

    A Minnesota federal judge has greenlit a $20 million fee request from attorneys who secured an $84 million settlement in a suit claiming Wells Fargo violated federal benefits law by using dividends earned by its employee stock ownership fund to offset its 401(k) contributions.

  • April 21, 2026

    Mass. Man Says Coinbase, Kraken Failed To Stop $500K Scam

    Cryptocurrency platforms Coinbase and Kraken failed to adequately protect a Boston man from a sophisticated "support" scam that led to the loss of $500,000, according to a lawsuit filed in Massachusetts state court on Tuesday.

  • April 20, 2026

    Providence Health's Sour Investment Cost $70M, Retirees Say

    Retirement plan participants have hit hospital system Providence Health & Services with a proposed class action accusing the Washington-based nonprofit of losing nearly $70 million in assets by sticking with an underperforming mutual fund that lagged behind similar investment options.

  • April 20, 2026

    SEC, CFTC Propose Rules To Relax Private Fund Reporting

    The U.S. Securities and Exchange Commission on Monday proposed relaxing certain reporting requirements for hedge funds and other private fund advisers by allowing smaller firms to forego filing a disclosure used to monitor systemic risk and nixing some of its questions around volatility, event reporting and indirect exposure altogether.

  • April 20, 2026

    Insurer Intentionally Avoiding $200M Loan Claim, Court Told

    A litigation funding firm has accused its insurer of wrongfully refusing to pay out its policy's guaranteed $200 million in coverage for an unpaid loan, saying the insurer buried it in duplicative and burdensome information requests to avoid paying a valid claim.

  • April 20, 2026

    Kirkland-Led Cerberus Closes $2.3B Continuation Fund

    Kirkland & Ellis LLP-advised Cerberus Capital Management on Monday announced that it closed its latest single-asset continuation vehicle after securing $2.3 billion in commitments, which will allow the private equity firm to continue to own a controlling stake in critical digital infrastructure company Subsea Communications.

  • April 20, 2026

    Justices Won't Review Doctor's Captive Insurance Tax Fight

    The U.S. Supreme Court won't review the Internal Revenue Service's rejection of a Texas doctor's claim to $1 million in tax deductions linked to his urgent care network's captive insurance company, the court said Monday.

  • April 20, 2026

    Credit Agricole's Hedging Strategy Cost Investors, Suit Says

    Credit Agricole Group has been hit with a suit in New York federal court alleging that the French bank engaged in a yearslong scheme to fraudulently induce two clients into a trading strategy it deemed the "perfect hedge" against certain market risks, when in reality, the strategy created hidden liabilities, forced liquidations and tens of millions of dollars in damages. 

  • April 20, 2026

    3 Firms Steer USA Rare Earth's $2.8B Serra Verde Buy

    Mining company USA Rare Earth on Monday announced plans to acquire magnetic rare earth producer Serra Verde Group in a roughly $2.8 billion cash-and-stock deal that was built by three law firms.

  • April 20, 2026

    No Rehearing In Limited Partner Tax Row, 5th Circ. Told

    The Internal Revenue Service fell short in its request for the full Fifth Circuit to revisit a high-profile case it lost in January over the self-employment tax exception for business partners with limited liability, a Texas management consulting firm said.

  • April 20, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week delivered another mix of procedural rulings, fiduciary duty disputes and deal litigation, highlighting both the court's gatekeeping role and its continued focus on stockholder rights and transactional fairness.

  • April 20, 2026

    Justices Cast Doubt On Effort To Limit SEC Disgorgement

    The U.S. Supreme Court on Monday questioned an attempt to limit the U.S. Securities and Exchange Commission's disgorgement powers, with conservative and liberal justices alike seemingly skeptical of the argument that the agency has to identify victims before it can demand the return of ill-gotten gains.

  • April 20, 2026

    High Court Won't Hear 3rd Circ. J&J Class Cert. Appeal

    The U.S. Supreme Court on Monday said it won't review a class certification challenge in a securities class action over Johnson & Johnson's cancer-related talc products in the latest development in a closely watched dispute over how courts evaluate class certification in shareholder suits.

  • April 20, 2026

    Justices Won't Rethink Bakery Co.'s $15.6M Pension Tab

    The U.S. Supreme Court turned down a baked goods company's bid for review of the Eleventh Circuit's finding that it owed a union pension fund up to $15.6 million, leaving in place Monday a ruling that backed the union's interpretation of pension withdrawal liability law.

  • 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.

Expert Analysis

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split

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    The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.

  • SEC Crypto Custody Relief Offers Clarity For Funds

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    A recent U.S. Securities and Exchange Commission staff letter supplies a workable path for registered investment advisers and funds seeking to offer crypto custody services by using state trust companies, and may portend additional useful guidance regarding crypto custody, say attorneys at Morgan Lewis.

  • DOJ's UnitedHealth Settlement Highlights New Remedies Tack

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    The use of divestitures and Hart-Scott-Rodino Act compliance in the recent U.S. Department of Justice settlement with UnitedHealth Group and Amedisys underscores the DOJ Antitrust Division's willingness to utilize merger remedies under the second Trump administration, say attorneys at Buchanan Ingersoll.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

  • TikTok Divestiture Deal Revolves Around IP Considerations

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    The divestiture deal between the U.S. and China to resolve a security dispute over TikTok's U.S. operations is seen as a diplomatic breakthrough, but its success hinges on the treatment of intellectual property and may set a precedent in the global contest over digital sovereignty and IP control, say attorneys at Brownstein Hyatt.

  • Series

    Practicing Stoicism Makes Me A Better Lawyer

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    Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.

  • How Courts Treat Nonservice Clauses For Financial Advisers

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    Financial advisers considering a job change should carefully consider recent cases that examine controlling state law for nonservice and nonacceptance provisions to prepare for potential legal challenges from former firms, says Andrew Shedlock at Kutak Rock.

  • Series

    The Biz Court Digest: Texas, One Year In

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    A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.

  • Series

    Law School's Missed Lessons: Educating Your Community

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    Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.

  • 5 Crisis Lawyering Skills For An Age Of Uncertainty

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    As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.

  • Opinion

    It's Time For The Judiciary To Fix Its Cybersecurity Problem

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    After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.

  • Series

    Writing Novels Makes Me A Better Lawyer

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    Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.

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