China Huarong Asset Management is eyeing a $2 billion IPO in Hong Kong, while online marketplace Etsy could raise about $300 million in a U.S. IPO as soon as this quarter.
A newly elected California state lawmaker who also is of counsel at Glaser Weil Fink Howard Avchen & Shapiro LLP has proposed legislation that would broaden the Golden State’s sales tax base to include legal services, lower personal and corporate income taxes, and raise the minimum wage.
Paul Hastings LLP represented private equity firm Starwood Capital Group in its purchase, announced by Starwood on Wednesday, of four hotels and a residential property in London for £206 million ($313.7 million) from a holding company of property developer Graham Harris, which had counsel from Ashurst LLP.
Clearford Water Systems Inc. said Wednesday that it has inked a $100 million funding agreement with Swiss asset management firm Signina Capital AG that paves the way for Clearford to launch its proprietary wastewater collection and treatment system through public-private partnerships with Ontario, Canada, municipalities.
An adviser to the European Union's top court said Wednesday that the European Central Bank has the authority to engage in an aggressive sovereign bond-buying program aimed at boosting troubled eurozone economies.
BGC Partners Inc. on Wednesday raised its hostile offer for fellow interdealer broker GFI Group Inc. again, this time to $714 million, intensifying its effort to thwart a competing bid from CME Group Inc. set for a shareholder vote later this month.
A divided U.S. Securities and Exchange Commission on Wednesday finalized a host of regulations to set up the public reporting of security-based swap transactions, more than four years after the rules required under the Dodd-Frank Act were initially proposed.
A Delaware bankruptcy court on Wednesday gave Caesars Entertainment Operating Co. Inc. a clear path to file for Chapter 11 protection on Thursday in Illinois, after the gaming unit blasted junior creditors' attempts to block the filing and force CEOC's bankruptcy case to play out in Delaware.
I’m sure I would have eventually made partner at the mega firm if I had stayed, but I’m not sure I would have had the same opportunities to craft a career in a specialized practice area with the freedom to also have “a life,” says Terrence Franklin, a partner at Sacks Glazier Franklin & Lodise LLP whose trial and appellate experience includes the landmark Moeller v. Superior Court case before the California Supreme Court.
Top proxy adviser Institutional Shareholder Services Inc. on Tuesday threw its weight behind Dollar Tree Inc.'s $8.5 billion bid for larger rival Family Dollar Stores Inc., likely giving the offer a boost with institutional investors ahead of a vote next week.
The SEC has assembled a new committee to advise on the hot topic of market structure, and its first group will include luminaries like Financial Industry Regulatory Authority head Richard Ketchum, former Sen. Ted Kaufman and BATS Global Markets Inc. CEO Joe Ratterman.
The U.S. Securities and Exchange Commission this year plans to put renewed vigor into checking out firms to make sure they aren’t putting retirement savers at greater risk, but some attorneys worry the agency's examination focus in the area could be used to dive deeper into private funds or set up new standards on advising clients.
Creditors who've lodged claims in Delaware Chancery Court accusing Caesars Entertainment Corp. and its management of “looting” its main operating unit said Tuesday they intend to press ahead with the case even after the subsidiary was hit with an involuntary bankruptcy petition, and likely will file for court protection itself.
Franklin Templeton Investments urged a California bankruptcy judge Tuesday to delay implementation of the city of Stockton's Chapter 9 plan while the firm pursues an appeal, a move Stockton said would keep the city under a cloud.
The full Second Circuit on Tuesday stood behind a landmark panel decision that jeopardized a hedge fund’s purchase of a $230 million claim against the Bernard Madoff bankruptcy estate and enhanced Chapter 15 courts’ ability to unwind foreign transactions.
A California federal judge moved toward closing a case Monday against the U.S. government filed by two partnerships found to have operated illegal tax shelter funds now that the government won't pursue an additional negligence penalty against the funds, which unsuccessfully sued in attempt to claim certain deductions.
Fannie Mae is in talks to move its headquarters to the corner of L and 15 streets, while Goldman Sachs and Brennan Investment are said to have paid $170 million for 23 Chicago-area warehouses and Joe Sitt has reportedly paid $42.3 million for an Upper East Side retail property.
An informal committee of senior bank lenders holding more than half of the $5.4 billion in bank debt owed by Caesars Entertainment Corp.'s operating unit said Monday it would oppose the casino operator's proposed restructuring agreement unless a supermajority of the lenders assented to it.
A New York federal judge ordered Monday that a state court hear a lawsuit claiming CWCapital Asset Management LLC improperly seized the $5.4 billion Stuyvesant Town-Peter Cooper Village project following a debt default, a victory for junior lenders that say they were left out of the money.
The U.S. Securities and Exchange Commission on Tuesday announced plans to delve deeper into how firms sell retail customers complex securities, control for cybersecurity risks and meet best execution duties when routing orders, among other priorities for its examinations staff.