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  • July 30, 2026

    SEC Beats Fintech CEO's Suit Over Shutdown-Era Case

    A D.C. federal judge dismissed a suit from the founder of Triterras Fintech alleging the U.S. Securities and Exchange Commission violated federal law by suing him during the government shutdown last year, holding that the founder has another avenue to fight the agency's claims.

  • July 30, 2026

    CFTC Proposes Conflict Rules For 'Vertically Integrated' Firms

    The Commodity Futures Trading Commission on Thursday proposed rule amendments to address conflicts of interest among affiliated firms, heeding the call of a White House report last year that urged securities and commodities regulators to consider their approaches to so-called vertically integrated business models.

  • July 30, 2026

    Latham Secures SEC Relief For Data Center Securitizations

    U.S. Securities and Exchange Commission staff have freed some types of data center financing from having to comply with Dodd-Frank Act rules on credit risk retention and conflicts of interest, agreeing with Latham & Watkins LLP attorneys' arguments that the financial instruments are not asset-backed securities.

  • July 30, 2026

    Blackstone To Acquire HSBC Australia's $25B Loan Portfolio

    Blackstone Inc. has announced that it will acquire HSBC Bank Australia Ltd.'s AU$36 billion ($25 billion) home and personal loan portfolio, as HSBC plans to focus on its corporate and institutional banking presence in Australia and New Zealand.

  • July 30, 2026

    Polymarket Says Hidden Sports Bets Suit Must Be Arbitrated

    Polymarket is urging a New York federal court to send to arbitration users' claims that the prediction market company disguises its sports gambling offers as sports event contracts to get around regulations, arguing that its terms of use include an arbitration provision.

  • July 30, 2026

    Cloud Tech Co. Hid AI Shift's Toll On Revenue, Investor Says

    Rackspace Technology, a cloud computing and artificial intelligence solutions company, has been accused of misleading investors about the value of its strategic partnership with Advanced Micro Devices Inc. and its decision to shift capital away from its private cloud business, resulting in a recent financial guidance cut.

  • July 30, 2026

    Mets Become 1st MLB Team To Partner With Prediction Market

    Sports trading app Novig announced Thursday that it has become the exclusive, official prediction market partner of the New York Mets, marking the first time a Major League Baseball team has collaborated with such a company.

  • July 30, 2026

    Exec Who Tried To Buy English Soccer Club Denies Fraud Rap

    A Florida executive who once tried to buy England's Everton soccer club on Thursday denied new charges accusing him of engaging in a $500 million fraud on lenders, before the judge hearing his case declined to adjourn his October trial. 

  • July 30, 2026

    Kalshi Sports Offerings Appear On Shaky Ground At 6th Circ.

    A Sixth Circuit panel looked askance at Kalshi's push to have its sports event contracts shielded from state gambling regulators Thursday, pointedly questioning the prediction market giant about the difference between its offerings and traditional sports bets.

  • July 30, 2026

    Simpson Thacher Trial Hears Of 'Grave Risk' In PIPE Deals

    An attorney who is an expert in private investment in public equity transactions told a Florida jury hearing a malpractice case against Simpson Thacher & Bartlett LLP on Thursday that companies that enter into an agreement similar to the one Patriot National Inc. did take on "grave risk."

  • July 30, 2026

    Permira-Backed Reformation Prices $210.9M IPO

    Private equity-backed womenswear brand Reformation Inc. began trading publicly on Thursday after raising $210.9 million in its initial public offering, hitting the low end of its marketed range.

  • July 30, 2026

    Europe Soccer Group To Boycott FIFA Over Investor Sale Plan

    The soccer federation representing 55 European countries announced Thursday that it will boycott World Cup competition in protest of FIFA's plan to sell billions of dollars in shares of the sport's premier international tournament to private investors.

  • July 30, 2026

    2 Traders Admit Guilt In Stolen BigLaw Info Scheme

    Two men pled guilty Thursday in Massachusetts federal court to their roles in a sweeping scheme to trade on inside information stolen from huge corporate law firms about upcoming deals.

  • July 30, 2026

    PE-Backed Jersey Mike's Makes Public Debut After $1B IPO

    Private equity-backed sandwich chain Jersey Mike's hit the public markets Thursday after raising $1 billion in its initial public offering steered by Simpson Thacher & Bartlett LLP and Davis Polk & Wardwell LLP.

  • July 30, 2026

    BofA, Merrill Must Explain Missing $7.5B Transfer, Suit Says

    An Atlanta investment company asked a Georgia federal court to order Bank of America and Merrill Lynch to explain why they have not credited what the investment company said is a $7.5 billion wire transfer to its account, saying it needs details about where the money is.

  • July 30, 2026

    McDermott Adds Ex-Blackstone Exec For NY Funds Team

    A former Blackstone executive who started his legal career at Schulte Roth & Zabel LLP has returned to the revamped firm as a New York-based investment management partner.

  • July 30, 2026

    Coinbase Beats Bulk Of Users' Unregistered Securities Suit

    A Manhattan federal judge delivered a significant victory to Coinbase on Thursday with a split ruling that found the crypto exchange can't be held responsible as a "statutory seller" for the vast majority of transactions on its platform, though the proposed securities class action will continue over a smaller number of orders Coinbase fulfilled from its own inventory of tokens.

  • July 30, 2026

    3 Firms Steer NYSE Owner ICE's $6B MarketAxess Deal

    The parent company of the New York Stock Exchange announced Thursday it has agreed to acquire MarketAxess Holdings Inc., a trading platform for fixed-income markets, for $6 billion, in a deal steered by three law firms.

  • July 30, 2026

    Shell Revives Share Buybacks With $4.2B Plan

    Shell began a $4.2 billion share buyback program on Thursday, resuming its plan to reduce its share capital after ARC Resources shareholders approved the British energy giant's $13.6 billion acquisition of the Canadian company.

  • July 29, 2026

    9th Circ. Vacates Orrick Win In Stock Transfer Deal Dispute

    The Ninth Circuit on Wednesday reversed a lower court's finding that Orrick Herrington & Sutcliffe LLP can't be held liable in a battle over a stock transfer agreement gone awry, ruling that California law does allow a party to the transfer to pursue equitable indemnity in the case.

  • July 29, 2026

    CFTC Must 'Start Afresh' On Prediction Market Regs, States Say

    A group of 44 attorneys general warned the U.S. Commodity Futures Trading Commission to "start afresh" on its proposed rule for prediction markets or risk treading on state authority over gambling, while prediction market platforms backed the rule's plan to permit many sports-focused event contracts.

  • July 29, 2026

    CFTC Can't Halt Wis. Sports Contracts Crackdown

    A Wisconsin federal court on Wednesday rejected the Commodity Future Trading Commission's attempt to shield Kalshi and Crypto.com from the state's gambling laws during litigation, saying the court is not convinced sports event contracts are "swaps."

  • July 29, 2026

    Securities Class Actions To Watch: Mid-Year Report

    A trio of circuit court appeals tied to the class certification process in shareholder suits and a U.S. Supreme Court appeal that also touches on certification are among the cases that securities litigators are keeping an eye on in the second half of 2026.

  • July 29, 2026

    TaskUs Trims Claims From Coinbase Breach Suit

    A New York federal judge has trimmed claims from a suit alleging a Texas-based Coinbase vendor called TaskUs failed to protect the personal information of Coinbase customers from a bribery-fueled data compromise scheme involving TaskUs employees.

  • July 29, 2026

    Apple Accused Of Not Stopping Fake Wallet Apps' Crypto Theft

    Apple has been hit with a federal lawsuit in California over its alleged failure to warn consumers about fraudulent cryptocurrency wallet apps available on its App Store and the risk of cryptocurrency theft posed by those apps.

Expert Analysis

  • CFIUS' Mandate Misses Foreign Risk In Project Subcontracts

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    Recent calls for the Committee on Foreign Investment in the United States to review equity transactions like the Paramount Skydance-Warner Bros. deal miss a consequential oversight gap — CFIUS' inability to review the subcontracting layer of U.S. infrastructure projects, says Thibaut Giret at Alstef Group.

  • AI Governance Tips For Avoiding Securities Suits

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    A recent securities class action in California federal court against lending platform Upstart highlights how statements about artificial intelligence are increasingly being scrutinized not only by regulators, but also by shareholders, meaning companies should ensure oversight frameworks keep pace with the technology, say attorneys at Akerman.

  • Series

    Bass Fishing Makes Me A Better Lawyer

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    Landing a trophy striped bass and closing a big deal both require cultivating the patience to finesse — not force — your way to desired outcomes, changing course when your old approach isn’t working and learning from the ones that got away, says Jon Ruiss at Alston & Bird.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q2

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    The year's second quarter brought several notable banking law developments to New York, including a proposal to align state stablecoin rules with the federal Genius Act, fresh fair lending and cybersecurity guidance from state regulators, and a significant Second Circuit holding on preemption, say attorneys at Ashurst Perkins Coie.

  • Roundup

    The Most Talked-About Supreme Court Decisions Of 2026

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    This term, 11 U.S. Supreme Court decisions quickly became hot topics among Law360's guest writers.

  • Texas Business Court Rulings Show Deal Terms Paramount

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    As the courts within the Texas Business Court system have begun reaching the substantive merits of the cases before them, they are persuasively demonstrating they will not only enforce the terms of transactions as written, but will also embrace a holistic approach to complex transaction documentation interpretation, says Christopher Pace at Winston Taylor.

  • Why SEC Climate Rule Rescission Wouldn't End Disclosure

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    If the U.S. Securities and Exchange Commission's recent proposal to rescind its 2024 climate-related disclosure rules is adopted, companies would no longer need to prepare for the rules' specific governance, emissions, attestation, financial statement and tagging requirements, but several important constraints would remain, say attorneys at Venable.

  • Have Private Suits Filled Gap Left By SEC's Crypto Pullback?

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    In the wake of the U.S. Securities and Exchange Commission's regulatory retreat in the crypto space, private litigants have pursued claims across different types of crypto-related activities and market participants, but whether private lawsuits have replaced SEC enforcement remains unclear, says Simona Mola at NERA.

  • New Va. Finance Laws Signal Consumer Protection Push

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    Virginia's 2026 legislative session produced several noteworthy developments for financial institutions, including garnishment reforms, mortgage assumption requirements and debt collection reforms, signaling broader trends toward increased consumer protection, enhanced fraud prevention obligations and greater accountability in financial services operations, says Jay Spruill at Woods Rogers.

  • Opinion

    Exxon Shareholders Were Right To Save New Voting Program

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    Following Exxon shareholders’ recent vote that rejected a bid to dismantle the company’s new retail voting program, other companies should replicate it as a way to lower the friction for shareholders who already vote with the board to keep doing so without wrestling a ballot every spring, says J.W. Verret at the Antonin Scalia Law School.

  • Series

    Choral Singing Makes Me A Better Lawyer

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    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

  • What Ratings Overhaul May Mean For Banking Industry

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    Proposed revisions to the bank rating system commonly known as CAMELS could constrain examiner discretion and tie supervisory outcomes more closely to measurable financial risk, potentially saving compliance costs, reducing the frequency of ratings downgrades and spurring a more growth-oriented banking system, say attorneys at Debevoise.

  • Attorney Mental Health Is An Ethical Obligation In The AI Era

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    As attorneys cope with the increasing unpredictability that artificial intelligence and constant policy changes have created, particularly in practice areas where they carry the emotional weight of clients’ most consequential life events, otherwise soft discussions about self-care are a matter of professional competence, says attorney Jack Jrada.

  • More Cos. Will Copy SpaceX's Shareholder Proposal Opt-Out

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    For more than 80 years, the shareholder proposal looked like a federal right guaranteed to all public company investors, but after SpaceX opted out before its recent initial public offering, other companies are likely to follow, says Mohsen Manesh at the University of Oregon School of Law.

  • Prediction Market Case Will Test US Insider Trading Reach

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    The insider trading case recently brought against Google employee Michele Spagnuolo may help clarify the extraterritorial reach of the Commodity Exchange Act and U.S. agencies' ability to police foreign trading in prediction markets, say attorneys at Akin.

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