Asset Management

  • October 09, 2026

    ERISA Recap: 6 Notable Decisions From September

    The Tenth and Seventh circuits issued published opinions in two union retirement disputes, while the Sixth Circuit found that the Commonwealth of Kentucky's lawsuit against pharmacy benefit managers does not belong in state court, citing colorable federal preemption arguments. Here's more on those decisions and three other notable rulings involving the Employee Retirement Income Security Act that came down in September.

  • October 09, 2026

    Don't Miss It: Sidley, Gibson Dunn Steer Latest Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals.

  • October 09, 2026

    Macquarie Offers CMA Fix For Meter Reading Deal

    Britain's competition enforcer is mulling a proposed fix for Macquarie Asset Management's planned purchase of electricity and gas metering company Energy Assets Group, after raising concerns about gas metering services for commercial customers.

  • October 09, 2026

    Del. Justices Back ATG In Empery Proxy Fight

    The Delaware Supreme Court has upheld a Chancery Court ruling requiring digital asset company Empery Digital Inc. to allow activist investor ATG Capital Opportunities Fund LP's nine board nominees to stand for election, rejecting the company's challenge less than a week before its annual meeting Oct. 14.

  • October 09, 2026

    Clean Energy Data Center Developer Inks $300M SPAC Merger

    Green AI Cloud, an operator of artificial intelligence data centers in Sweden, will merge with a special purpose acquisition company to go public in a deal valuing the company at $300 million in pre-money equity value, guided by Mannheimer Swartling Advokatbyrå AB and Winston Taylor.

  • October 09, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen PrivatBank sue its former oligarch owner, building materials provider Kingspan face a €100 million ($112 million) claim over Grenfell Tower cladding and energy giants VaroPreem and Viaro Energy become embroiled in an intellectual property row.

  • October 08, 2026

    Blue Owl Brass Sued Over BDC Liquidity Woes

    A Blue Owl Capital Inc. investor is suing the company's top brass in New York federal court, arguing that they should be forced to pay up for allegedly hiding from investors that the company's business development unit was struggling.

  • October 08, 2026

    Kirkland-Led Aphias Wraps Inaugural Fund At $1.05B

    Kirkland & Ellis LLP-advised Aphias Capital on Thursday revealed that it closed its inaugural fund with $1.05 billion in tow.

  • October 08, 2026

    Coal Co. Settles Fight With Miners Over Lifetime Benefits

    Consol Energy Inc. has reached a settlement with retired miners who claimed the company reneged on promises to provide them health benefits for life, months after the Fourth Circuit declined to scrap a bench trial judgment that awarded lifetime benefits to a pair of ex-miners but denied class claims.

  • October 08, 2026

    Spectrum Equity Clinches Its Largest Fund Ever At $2.5B

    Growth equity firm Spectrum Equity on Thursday revealed that it has wrapped its 11th fund after securing $2.5 billion in investor commitments.

  • October 08, 2026

    SpaceX, DeepSeek And Anthropic Top Week's Deal Rumors

    SpaceX is seeking financing to purchase $40 billion of Nvidia microchips, Chinese AI company DeepSeek is close to securing a $12 billion funding round, and Anthropic could launch its initial public offering before Thanksgiving. In other reports, Barbie maker Mattel is facing increased pressure to sell after a rough run on the stock market. 

  • October 08, 2026

    Goodyear Narrows But Can't End Nicotine Fee Suit

    Goodyear failed to snuff out a proposed class action alleging employees who used nicotine were unlawfully charged more to obtain health benefits, with an Ohio federal judge ruling Thursday that workers had plausibly alleged plan documents omitted key information about avoiding the surcharge.

  • October 07, 2026

    5th Circ. Ponders Stanford Scheme Receiver's $30M Fee Bid

    A Fifth Circuit judge on Wednesday questioned the rationale for restraining a portion of a receiver's fees, as the lawyer who clawed back $2.8 billion for victims of Robert Allen Stanford's multibillion-dollar Ponzi scheme argued he was entitled to $30 million.

  • October 07, 2026

    Latch Investors Get Final OK For Derivative Suit Settlement

    A New York federal court has given its final approval to a settlement that includes various corporate governance improvements for the home technology company Latch Inc., after shareholders sued the company's top brass for allegedly improperly recognizing revenue in financial disclosures which led to restatements and a stock price decline.

  • October 07, 2026

    SEC Says Adviser Cherry-Picked Best Trades For His Account

    The U.S. Securities and Exchange Commission accused a California investment adviser of a cherry-picking scheme that allocated profitable block trades to his personal account while assigning losing trades to his clients.

  • October 07, 2026

    ATG Hid Alliance In Chancery Proxy Fight, Del. Justices Told

    Empery Digital Inc. directors urged the Delaware Supreme Court on Wednesday to reverse a ruling requiring activist investor ATG Capital Opportunities Fund LP's board nominees to stand for election, arguing ATG failed to disclose an alleged voting arrangement with another stockholder, while ATG maintained the company is trying to impose disclosure requirements its bylaws do not contain.

  • October 07, 2026

    SEC Says Climate-Tied Investor Actions May Pose Legal Risk

    The U.S. Securities and Exchange Commission on Wednesday released a report into its investigation of a successful push for eco-friendly board members at ExxonMobil, warning institutional investors and asset managers that joining forces to exert influence over corporations could open them up to additional scrutiny. 

  • October 07, 2026

    Egan-Jones Taps Ex-SEC Examiner To Oversee Ratings

    Egan-Jones Ratings Co. announced Wednesday that it has appointed a former branch chief of the U.S. Securities and Exchange Commission's Office of Credit Ratings as its senior director of ratings, several weeks after the SEC ruled that the firm will not be designated a nationally recognized statistical rating organization for rating bonds or asset-backed securities.

  • October 07, 2026

    DLA Piper, Loeb Guide Stablecoin Firm's $250M SPAC Merger

    Guided by DLA Piper and Loeb & Loeb LLP, stablecoin issuer First Digital Group Limited will merge with CSLM Digital Asset Acquisition Corp III Ltd., a special purpose acquisition company, and go public in a deal valued at $250 million.

  • October 07, 2026

    Fried Frank-Led Conversant Wraps $845M Real Estate Fund

    Real estate-focused investment firm Conversant Capital LLC, advised by Fried Frank Shriver Harris & Jacobson LLP, revealed Wednesday it closed its inaugural private investment fund with $845 million in tow.

  • October 07, 2026

    Kirkland-Led Sheridan Secures $1.345B For 2 Latest Funds

    Kirkland & Ellis LLP-advised Sheridan Capital Partners on Wednesday revealed that it raised $1.345 billion across two new funds, which will be used to invest across various healthcare sectors.

  • October 06, 2026

    CVS Can't Get Second Shot At Tossing Investors' AI Use Suit

    A New York federal judge on Tuesday declined to give CVS another opportunity to dismiss a lawsuit accusing it of inflating its revenues through the use of artificial intelligence. 

  • October 06, 2026

    NC Biz Court Bulletin: Monopoly Suit Setback, Historic Deal

    The North Carolina Business Court rounded the corner into fall with a setback for residents in an antitrust class action, a historic settlement in "forever chemical" contamination litigation and a raft of new restrictive covenant complaints.

  • October 06, 2026

    Fed To Realign Bank Supervision Into 5 State-Based Regions

    The Federal Reserve's top regulatory official said Tuesday that the central bank is overhauling how it manages its nationwide supervision operations, laying out plans for a reorganization aimed at streamlining the chain of command for its bank examination work.

  • October 06, 2026

    7th Circ. Told Boeing Investors Fail 'Comcast' Cert. Test

    The U.S. Chamber of Commerce is among those backing Boeing's call to the Seventh Circuit to overturn class certification in a case accusing the aerospace firm of misleading investors about the safety of its 737 Max fleet, arguing that the certification is dependent on a damages model that the U.S. Supreme Court and Fourth Circuit have rejected.

Expert Analysis

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    Juggling And Unicycling Make Me A Better Lawyer

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    Because I juggle (sometimes with fire) and ride the unicycle, friends and family used to joke that I should join the circus, but I pursued the practice of law instead and learned that my hobbies benefit my profession in several important ways, says Morgan Eddy at Smith Currie.

  • Planning For The Impact Of FinCEN's CTA Rollback

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    The Financial Crimes Enforcement Network's recent rollback of Corporate Transparency Act reporting obligations should reduce compliance costs, but its plans to revisit customer due diligence rules should prompt companies and financial institutions to reassess state beneficial ownership programs, say attorneys at Sidley.

  • Fed's Capital Rule Proposal Could Help Banks Stay Mutual

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    The Federal Reserve Board's recent proposal to comprehensively rewrite its capital rule and reduce procedural requirements for mutual holding companies would support community banking by allowing mutual institutions new ways to fund growth without converting to stock form, say attorneys at Nutter.

  • SEC's Adit Case Maps 5 Fault Lines In Pre-IPO Funds

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    The U.S. Securities and Exchange Commission's recent case brought against Adit Ventures Management offers fund counsel, limited partners and private market intermediaries a useful example of where a pre-initial public offering vehicle can fail, and how familiar fiduciary and anti-fraud principles apply, says Ben Dubin at VC Expert Services.

  • Series

    Ballet Makes Me A Better Lawyer

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    A lifetime of learning and performing ballet taught me that success — whether in dance or practicing law — comes only through hours of thorough preparation, boundless energy and relentless effort, says Sharon Katz-Pearlman at Greenberg Traurig.

  • Q3 Numbers Refine Picture Of SEC Enforcement Trajectory

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    A snapshot of the U.S. Securities and Exchange Commission’s third-quarter enforcement actions suggest the program may be smaller than in prior years, but that it is increasingly concentrated around market abuse and individual misconduct, especially related to insider trading, say Adrienna Huffman, Jan Jindra and Erik Johannesson at The Brattle Group.

  • FTC IonQ Review Unearths A Divide In Vertical Merger Remedy

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    The Federal Trade Commission's recent split decision to close its investigation into the merger between IonQ and SkyWater Technology offers a candid window into how enforcers may approach vertical merger concerns after a string of difficult government cases, says Nicholas Cheolas at Wiley.

  • Series

    Taekwondo Makes Me A Better Lawyer

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    Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

  • Del. Ruling Clarifies Public Benefit Corp. Fiduciary Duties

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    In Drakes Landing v. Tilden Park, the Delaware Court of Chancery recently provided landmark guidance for directors of Delaware public benefit corporations on the fiduciary duties they owe, highlighting that change-of-control transactions may now be protected from challenge under the state's 2025 safe harbor amendments, say attorneys at Richards Layton.

  • What To Know As Legal Duty To Consider AI Takes Shape

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    While the U.K. Jurisdiction Taskforce’s recent statement on liability for artificial intelligence harms is nonbinding for both U.K. and U.S. lawyers, it highlights the importance of being able to distinguish between the availability of a tool and a professional obligation to use it, say Jonny Frank and Michael Costa at StoneTurn.

  • What Cos. Should Do During Stay Of Nasdaq Delisting Rule

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    The U.S. Securities and Exchange Commission recently approved — and subsequently stayed — Nasdaq's $5 million market value threshold for continued listing, giving companies additional time to evaluate financing opportunities, communicate with investors and consider strategic alternatives, says Joseph Lucosky at Lucosky Brookman.

  • Prepping To Use Crypto Collateral Under Ohio Ownership Law

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    Ohio's digital asset law should ease the path to using cryptocurrency as collateral, and as the October effective date approaches, lenders should update their loan documentation and diligence processes to take advantage of the new control-based perfection rules, say attorneys at Kegler Brown.

  • SEC Rulemaking Radar: The Rubber Meets The Road

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    The U.S. Securities and Exchange Commission's new rulemaking agenda shows its regulatory reset taking shape, with sweeping crypto proposals that could bring the biggest changes it has made to broker-dealer, exchange and trading compliance in decades, says Christopher Grobbel at Goodwin.

  • CFPB Complaint Portal Overhaul Signals Changing Priorities

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    The Consumer Financial Protection Bureau's updates to its consumer complaint portal and decision to cease publishing consumer complaint narratives should be viewed by companies as one component of a larger recalibration of how the CFPB collects information and allocates its supervisory and enforcement resources, say attorneys at Cooley.

  • Series

    Being In A Band Made Me A Better Lawyer

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    Playing shows in storied New York City venues and rehearsing with my bandmates in poorly ventilated rooms helped develop the professional qualities I rely on as a litigator, including an ability to collaborate with strong-minded equals and the determination to treat each client with singular focus, says Eliad Shapiro at Herrick Feinstein.

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