Asset Management

  • July 02, 2026

    Intel Asks Justices To Affirm 9th Circ. End To 401(k) Fund Suit

    Intel urged the U.S. Supreme Court on Thursday to back the Ninth Circuit's end to a proposed class action from 401(k) participants who challenged the technology company's retirement plan investment offerings, arguing the appellate court properly backed dismissal of their case because the pleadings lacked sufficient comparisons.

  • July 02, 2026

    United Therapeutics Buys Thymmune For Up To $300M

    Biotechnology firm United Therapeutics Corp. on Thursday revealed that it has agreed to buy a preclinical-stage biotech company focused on thymic cell therapies in a deal worth up to $300 million.

  • July 02, 2026

    2nd Circ. Denies Tether, Bitfinex Bid For Class Cert. Appeal

    The Second Circuit has declined a request from digital asset companies Tether and Bitfinex to immediately review a New York federal judge's decision to grant class certification to plaintiffs accusing the companies of rigging the cryptocurrency market and costing investors hundreds of billions of dollars.

  • July 02, 2026

    Breaking Down The Vote: The High Court Term In Review

    The U.S. Supreme Court's stark ideological divisions were on full display this term, particularly as it issued long-awaited rulings in the last few days of June. Here, Law360 dives into the numbers behind this court term.

  • July 02, 2026

    Prior PE Optimism Fades With Slow First Half

    While private equity attorneys went into this year with cautious optimism that dealmaking would not see the same uncertainties from 2025, the markets remained choppy as the valuation gap between buyers and sellers made it difficult for parties to transact.

  • July 01, 2026

    'I Would've Been Fired': FDIC Expert Pans SVB's Risk-Taking

    The FDIC's banking expert testified in a California federal bench trial Wednesday that Silicon Valley Bank violated prudent banking standards by mismanaging assets before it collapsed, saying officers knew SVB was taking excessive risks but did not stop, adding that "I would've been fired" if he had managed his bank's assets the same way.

  • July 01, 2026

    Capital One 401(k) Deal Wins Final OK, $3.2M Atty Fee Award

    A New York federal judge on Wednesday awarded class counsel Capozzi Adler PC $3.2 million in attorney fees and granted final approval to a $9.6 million settlement resolving claims Capital One improperly used forfeited employee funds paid into the company's retirement plan to reduce its own contributions instead of curtailing administrative costs.

  • July 01, 2026

    Calif. Man Gets 21 Months For Sports Memorabilia Fraud

    A California resident has been sentenced to 21 months in prison after pleading guilty in December to one count of wire fraud for knowingly selling counterfeit baseball memorabilia he claimed was from MLB Hall of Famer Willie Mays.

  • July 01, 2026

    Watchdog Says DOL Needs Better Info Sharing Controls

    The U.S. Department of Labor's lack of controls over information sharing between subagencies and nongovernmental entities, including law firms and legal advocacy organizations, may have unfairly advantaged those parties with privileged investigative information, an agency watchdog reported, though use of the practice has dropped off. 

  • July 01, 2026

    DOL Nears ESG Rule Rollback As White House Review Begins

    The U.S. Department of Labor is gearing up to repeal a Biden-era rule allowing retirement fiduciaries to consider issues like climate change and social justice when choosing investments, sending the proposed repeal to the White House for review.

  • July 01, 2026

    Molson Coors Worker's Suit Over 401(k) Fund Falls Flat

    A Wisconsin federal judge shut down a worker's suit claiming beer manufacturer Molson Coors unlawfully kept a lackluster Fidelity investment fund in its $1.5 billion retirement plan, saying the worker hadn't identified a comparable fund that would have brought better returns.

  • July 01, 2026

    Kirkland Guides $10.2B Starwood Opportunistic RE Fund

    Starwood Capital Group, advised by Kirkland & Ellis LLP, has closed an opportunistic real estate fund after raising more than $10.2 billion from over 300 investors from 20 countries, a representative for the private investment firm stated Wednesday.

  • June 30, 2026

    Ex-SVB Exec Defends Bank's Risk Appetite In FDIC Trial

    Silicon Valley Bank's ex-chief financial officer defended SVB's risk appetite during a California federal bench trial Tuesday over the Federal Deposit Insurance Corp.'s claims the bank's brass mismanaged its assets, testifying SVB consistently received satisfactory regulatory ratings, took action to mitigate risks and received expert advice before SVB collapsed.

  • June 30, 2026

    Gibson Dunn, White & Case Lead KKR's $4.2B EDF Biz Deal

    Private equity firm KKR & Co., represented by Gibson Dunn & Crutcher LLP, announced Tuesday a $4.2 billion agreement to acquire the North America renewable power business operated by EDF Group, advised by White & Case LLP.

  • June 30, 2026

    SEC, CFTC Fine 2 Firms $5M For Off-Exchange Trades

    The Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission have fined an online brokerage technology company and a customer support company accused of participating in improper, off-exchange contract offerings.

  • June 30, 2026

    EagleBank To Pay $9.7M In Latest DOJ Nonprosecution Deal

    EagleBank and its parent company will pay more than $9.7 million under a nonprosecution agreement with the U.S. Department of Justice, admitting to willfully failing to implement an anti-money laundering program and allowing its former CEO's friend to carry out a fraudulent check scheme, the department announced Tuesday.

  • June 30, 2026

    Securities Cos. Hit With Spoofing Suit In Florida

    An investor is accusing Citadel Securities LLC and Virtu Americas LLC of securities violations in Florida federal court, saying in a proposed class action that the broker-dealer firms used the illegal trading strategy known as spoofing to artificially depress a technology company's market value, enriching themselves in the process.

  • June 30, 2026

    SEC Explores Rules For Novel ETFs As Filings Surge

    The U.S. Securities and Exchange Commission on Tuesday called for input on its oversight of "novel exchange-traded funds" as it contemplates potential rule updates to address the surge of unusual product filings, including those seeking to hold event contracts and crypto.

  • June 30, 2026

    Florida Car Wash Operator Secures $200M PE Investment

    Florida-based car wash operator Bubble Down Holdings LLC on Tuesday unveiled a strategic partnership with BTG Pactual Global Alternatives' Strategic Capital that includes a $200 million growth investment.

  • June 30, 2026

    Eversheds, K&L Gates Guide Empower's $340M Milliman Buy

    Empower announced Tuesday that it has agreed to acquire the retirement administration business of consulting and actuarial firm Milliman for $340 million, expanding its presence in the defined benefit pension market through a deal steered by Eversheds Sutherland and K&L Gates LLP, respectively.

  • June 30, 2026

    Plumbing Co. ESOP Trial Averted By Settlement Deal

    A California federal judge stayed deadlines Tuesday in a federal benefits class action against a plumbing company and the caretakers of its defunct employee stock ownership plan that was set for trial in September, after the parties said they'd settled their dispute Monday following mediation.

  • June 30, 2026

    Roberto Clemente's Sons Ask Justices To Review TM Dispute

    The family of baseball legend Roberto Clemente wants the U.S. Supreme Court to decide whether governments can appropriate trademarks without triggering automatic compensation after the First Circuit rejected claims stemming from Puerto Rico's use of Clemente's name and likeness on license plates and vehicle tags.

  • June 30, 2026

    Buchalter Real Estate Partner Joins Holland & Knight In LA

    Holland & Knight LLP announced that an experienced real estate finance attorney who most recently practiced at Buchalter PC has joined the firm's Los Angeles office as a partner.

  • June 30, 2026

    2 Ex-Clifford Chance Attys Say Firm Wants To Claw Back $6M

    Two former practice group leaders at Clifford Chance LLP have sued in New York federal court alleging the firm is trying to claw back nearly $6 million in total from the pair after they moved to Sidley Austin LLP early this year.

  • June 30, 2026

    Flexpoint Ford Raises $460M For SageSure Continuation Fund

    Financial services-focused private investment firm Flexpoint Ford, led by Kirkland & Ellis LLP, on Tuesday announced that it has raised over $460 million in a new single-asset continuation vehicle to extend its ownership of managing general underwriter SageSure LLC.

Expert Analysis

  • 5 Different AI Systems Raise Distinct Privilege Issues

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    A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.

  • Opinion

    AI-Assisted Arbitration Needs Safeguards To Ensure Fairness

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    As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, ​​​​​​​clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.

  • Series

    Playing Piano Makes Me A Better Lawyer

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    Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.

  • AI-Generated Doc Ruling Guides Attys On Privilege Risks

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    A New York federal court's ruling, in U.S. v. Heppner, that documents created by a defendant using an artificial intelligence tool were not privileged, can serve as a guide to attorneys for retaining attorney-client or work-product privilege over client documents created with AI, say attorneys at Sher Tremonte.

  • The Law Firm Merger Diaries: Leadership Strategy After Day 1

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    For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.

  • Clearing US Legal Hurdles To Biz Opportunities In Venezuela

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    Companies evaluating foreign investment or activity in Venezuela given the U.S. government's recently announced plans to reinvigorate its natural resources should take specific steps to minimize risks connected to interactions with restricted parties given the web of U.S. counterterrorism, anticorruption and sanctions controls, say attorneys at King & Spalding.

  • Calif.'s Civility Push Shows Why Professionalism Is Vital

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    The California Bar’s campaign against discourteous behavior by attorneys, including a newly required annual civility oath, reflects a growing concern among states that professionalism in law needs shoring up — and recognizes that maintaining composure even when stressed is key to both succeeding professionally and maintaining faith in the legal system, says Lucy Wang at Hinshaw.

  • Del. Dispatch: Workplace Sexual Misconduct Liability In Flux

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    Following the Delaware Court of Chancery's recent contradictory rulings in sexual misconduct cases involving eXp World, Credit Glory and McDonald's, it's now unclear when directors' or officers' fiduciary duties may be implicated in cases of their own or others' sexual misconduct against employees, say attorneys at Fried Frank.

  • US-Ukraine Reconstruction Fund Tax Exemptions Uncertain

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    Tax provisions in the bilateral agreement to establish the U.S.-Ukraine Reconstruction Investment Fund, which recently announced it is accepting applications, are so broad and imprecise as to leave uncertainty regarding whether and when tax exemptions will apply to investors' income, say attorneys at Avellum and Debevoise.

  • Series

    Trivia Competition Makes Me A Better Lawyer

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    Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.

  • Series

    Law School's Missed Lessons: What Cross-Selling Truly Takes

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    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

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    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • Series

    Judges On AI: Practical Use Cases In Chambers

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    U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.

  • Opinion

    Corporations Should Think Twice About Mandatory Arbitration

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    The U.S. Securities and Exchange Commission's recent acceptance of mandatory arbitration provisions in corporate charters and bylaws does not make them wise, as the current system of class actions still offers critical advantages for corporations, says Mohsen Manesh at the University of Oregon School of Law.

  • A Closer Look At California Financial Regulator's 2026 Agenda

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    California Department of Financial Protection and Innovation Commissioner KC Mohseni in recent remarks demonstrated the regulator's growing importance amid the Consumer Financial Protection Bureau's retreat by debuting expansive goals for 2026, including finalizing rulemaking for the state's digital asset law and expanding enforcement authority around consumer complaints, says John Kimble at Hinshaw.

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