Asset Management

  • June 10, 2026

    Figure, Sixth Street Team Up On $717M Kiavi Mortgage Deal

    Figure Technology Solutions said Wednesday it is acquiring residential real estate lender Kiavi in a $717 million deal that pairs a blockchain-native capital markets platform with an AI-driven mortgage origination engine, with the backing of private credit firm Sixth Street and three law firms advising. 

  • June 09, 2026

    Kalshi To Start Requiring Employer Info For Certain Markets

    Prediction market platform Kalshi Inc. announced on Tuesday that it will start requiring users to verify their employer before they can trade on certain markets, and will further implement features allowing users to directly report suspicious trading activity.

  • June 09, 2026

    FDIC's Hill Eyes Resolution Planning, Assessment Changes

    Federal Deposit Insurance Corp. Chairman Travis Hill said Tuesday that his agency will seek to dial back its living-will requirements for large banks and recalibrate how it charges for deposit insurance, part of a broader push to rethink the agency's approach to handling bank failures.

  • June 09, 2026

    OCC Says Fidelity's Crypto Bank Doesn't Need State Licenses

    The Office of the Comptroller of the Currency on Tuesday told Fidelity's crypto-focused trust bank that it can operate nationwide without state money transmitter licenses, taking the firm's side in a licensing dispute with Iowa following its conversion to a national trust charter.

  • June 09, 2026

    Latham, V&E Lead WhiteHawk Minerals' Upsized $200M IPO

    Natural gas mineral and royalty interests company WhiteHawk Income Corp. began trading publicly Tuesday after raising $200 million in its upsized initial public offering.

  • June 09, 2026

    SEC Flags Improper Investment Adviser Conflict Disclosures

    U.S. Securities and Exchange Commission examiners Tuesday urged investment advisers to ensure they are properly disclosing economic conflicts of interest to clients, warning that exams staff have identified undisclosed conflicts and incomplete or misleading disclosures.

  • June 09, 2026

    5 Firms Advise On Apollo-Led $35B Broadcom AI Financing

    Apollo Global Management said Tuesday it is leading a $35 billion capital commitment for a Broadcom initiative to build artificial intelligence infrastructure for companies including Anthropic and OpenAI, with Blackstone also participating.

  • June 09, 2026

    Software Biz Beacon Wraps $225M Funding Round

    Software firm Beacon on Tuesday announced that it closed its latest funding round with $225 million in tow, which will be used to fuel its acquisition of essential businesses.

  • June 09, 2026

    Cognizant Settles Suit Over 401(k) Investment Management

    Cognizant Technology Solutions and former employees who claimed the information technology company saddled its 401(k) plan with poor investment options and high fees told a New Jersey federal judge that they have agreed to settle their dispute.

  • June 09, 2026

    Apollo SLC Opposes Bid To Oust Judge In $570M Payout Suit

    A special litigation committee of Apollo Global Management Inc.'s board is opposing a bid to disqualify a Delaware vice chancellor from presiding over litigation regarding a $570 million payout to company insiders due to a possible conflict because she previously was an attorney at Skadden Arps Slate Meagher & Flom LLP, saying there are no grounds for disqualification.

  • June 09, 2026

    Novanta Buys Riverpoint In $1.45B Deal Steered By 3 Firms

    Medical technology provider Novanta Inc., advised by Ropes & Gray LLP and King & Spalding LLP, on Tuesday announced plans to acquire medical device maker Riverpoint Medical, led by Goodwin Procter LLP, from private equity shop Arlington Capital Partners in a deal worth up to $1.45 billion.

  • June 09, 2026

    The Law360 400: A Look At The Top 100 Firms

    The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

  • June 08, 2026

    Feds Abandon $300M Fraud Case Against Prophecy CEO

    Federal prosecutors have dropped their fraud case against the former CEO of collapsed investment adviser Prophecy Asset Management LP over his alleged involvement in a nearly $300 million hedge fund wipeout.

  • June 08, 2026

    8th Circ. Backs SD Forum For Deadwood Tobacco TM Suit

    Cigar manufacturer Drew Estate and the creator of the Deadwood cigar line must take their trademark infringement suit against a South Dakota retailer to state court, the Eighth Circuit ruled on Monday, saying the dispute arises out of a stock purchase agreement that contains a binding forum selection clause.

  • June 08, 2026

    Catching Up With Delaware's Chancery Court

    At the Delaware Chancery Court, a trial over World Wrestling Entertainment Inc.'s $21.4 billion merger with Ultimate Fighting Championship's parent company has been canceled, and a Reddit investor has filed a suit claiming the company used artificial intelligence to challenge his grievance about a charter provision.

  • June 08, 2026

    Clearing House To Pay $40.7M Over 'Slush Fund' Claims

    Axos Clearing LLC owes more than $40.7 million to more than 100 claimants for allegedly turning a blind eye as the brokerage firm Worden Capital Management LLC used the claimants' accounts as personal slush funds, following Worden Capital's expulsion by the Financial Industry Regulatory Authority.

  • June 08, 2026

    White & Case, Reed Smith Lead $1.2B Space SPAC Deal

    Spacecraft developer Quantum Space LLC said Monday it plans to go public through a merger with Inflection Point Acquisition Corp. VI, a special purpose acquisition company, in a deal that values the combined company at about $1.2 billion and would give the business new funding to build out its national security-focused spacecraft platform.

  • June 08, 2026

    Adviser AI Use Under Scrutiny In NJ Securities Review

    New Jersey financial regulators said Monday that the state's annual examination of investment adviser business practices this year will take a hard look at how artificial intelligence is used in the construction of investment portfolios or recommendations to clients.

  • June 08, 2026

    Freshfields-Led Arcline Bids $535M For Continental Aerospace

    Freshfields LLP advised private equity firm Arcline Investment Management on a proposed acquisition of aircraft parts maker Continental Aerospace Technologies in a $535 million deal.

  • June 08, 2026

    Skadden-Led First Carolina Bank Unveils Plan For $82.5M IPO

    First Carolina Financial Services Inc., a community bank with branches in four southeastern states, said Monday that it plans to offer 5.5 million shares at a price range of $14 to $16 in an initial public offering steered by Skadden Arps Slate Meagher & Flom LLP and Troutman Pepper Locke LLP.

  • June 08, 2026

    'Hard-Money' Lenders Stole Millions In Fees, Feds Tell Jury

    Two Florida men used their "hard-money" commercial real estate finance company to steal millions, prosecutors told a Manhattan federal jury Monday, calling their operation a scam designed to reap upfront fees before the defendants put up "roadblocks" to kill transactions.

  • June 08, 2026

    Class Attys Want $11.6M In Fees From $35M Teva Inhaler Deal

    Berman Tabacco, Sperling Kenny Nachwalter LLC, Hilliard Shadowen LLP and five other firms have asked a Massachusetts federal judge for $11.55 million in attorney fees from a $35 million antitrust settlement resolving claims that Teva abused patent protections to delay generic competition for its QVAR asthma inhalers.

  • June 08, 2026

    Bankman-Fried Seeks Trump Pardon On FTX Fraud Conviction

    FTX founder Sam Bankman-Fried, who is currently serving a 25-year prison sentence, has asked President Donald Trump to pardon him for defrauding customers who placed billions of dollars with the fallen cryptocurrency exchange, according to the U.S. Department of Justice's Office of the Pardon Attorney.

  • June 05, 2026

    Investment Adviser Took Millions From Clients, SEC Says

    The U.S. Securities and Exchange Commission on Friday accused a purported Chicago investment adviser in federal court of stealing millions from family, friends and others by convincing them to put their money toward an investment pool he then "perpetually drained" through unsuccessful trading and personal spending.

  • June 05, 2026

    Fla. Judge Tosses Nearly All Counts In PE Fund Dispute

    A Florida federal judge tossed most of the counts in a lawsuit brought by two men who alleged their former partner defrauded them in a private equity fund operation, saying the complaint contains repetitive claims and provides little information of wrongdoing. 

Expert Analysis

  • Weathering FINRA's Scrutiny Of Foreign Small-Cap Issuers

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    To prepare for the Financial Industry Regulatory Authority's recently announced targeted examinations, broker-dealers and firms that assist with IPOs abroad should consult years of FINRA guidance on managing the money-laundering and fraud risks inherent to foreign small-capitalization offerings, say Michael Watling and Elika Mohebbi at Seward & Kissel.

  • Series

    Teaching Logic Makes Me A Better Lawyer

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    Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.

  • Series

    Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • How Specificity, Self-Dealing Are Shaping ERISA Litigation

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    Several recent cases, including the U.S. Supreme Court's forthcoming ruling in Anderson v. Intel, illustrate the competing forces shaping excessive fee litigation, with plaintiffs seeking flexibility, courts demanding specificity, fiduciaries facing increased scrutiny for conflicts of interest, and self-dealing amplifying exposure, says James Beall at Willig Williams.

  • How Selig May Approach CFTC Agricultural Enforcement

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    As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.

  • 5th Circ. Ruling Clarifies Tax Rules For Limited Partners

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    The Fifth Circuit’s Jan. 16 decision in Sirius Solutions v. Commissioner provides greater tax planning certainty by adopting a bright-line test for determining when partners in limited liability companies are exempt from self-employment tax, say attorneys at K&L Gates.

  • NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

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    Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

  • Series

    The Biz Court Digest: Dispatches From Utah's Newest Court

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    While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • What To Expect From Justices' 401(k) Ruling, DOL Rulemaking

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    The U.S. Supreme Court's upcoming ruling in Anderson v. Intel, addressing alternative assets in defined contribution plans, coupled with the U.S. Department of Labor's recently proposed regulation on fiduciary duties in selecting alternative investments, could alleviate the litigation risk that has impeded wider consideration of such investments, say attorneys at Ropes & Gray.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Cybersecurity Must Remain Financial Sector's Focus In 2026

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    In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Navigating The New Wave Of Voluntary Benefit ERISA Suits

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    Four recent complaints claiming that employees pay unreasonable premiums for voluntary benefit programs contribute to a trend in Employee Retirement Income Security Act class actions targeting employers and benefits consultants over such programs, increasing scrutiny of how the programs are selected, priced and administered, say attorneys at Holland & Knight.

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