Asset Management

  • August 28, 2025

    'Bitcoin Infrastructure' SPAC Files Plans To Raise $200M

    Special purpose acquisition company Bitcoin Infrastructure Acquisition Corp. Ltd. has filed plans with regulators to raise up to $200 million in an initial public offering, a move that follows a pair of crypto-focused special purpose acquisition companies that began trading on Wednesday amid surging interest in digital assets.

  • August 28, 2025

    ByteDance Buyback To Bring $330B Value, And More Rumors

    A planned employee share buyback by ByteDance could value the company at $330 billion, the Pinault family is reaching out to potential buyers for the German sports apparel brand Puma SE, and Canada Goose might be up for sale by its private equity owner Bain Capital. Here, Law360 breaks down these and other notable rumors from the past week.

  • August 28, 2025

    Proskauer Adds Another Structured Credit Atty From Dechert

    Proskauer Rose LLP announced Wednesday that its structured credit team has gained another former Dechert LLP attorney in New York, touting his extensive experience with collateralized loan obligations.

  • August 28, 2025

    Compliance Atty Who Duped Lender Wants New Trial

    A compliance lawyer convicted of pilfering from a $20 million line of credit that a subsidiary of Emigrant Bank extended to his tax-lien business has asked a Manhattan federal judge to order a new trial, arguing that prosecutors' evidence is insufficient and that the charges were "multiplicitous," in violation of the Fifth Amendment.

  • August 28, 2025

    Commonwealth Fusion Systems Wraps $863M Funding Round

    Private fusion company Commonwealth Fusion Systems on Thursday revealed that it clinched an $863 million Series B2 funding round, marking what the company says is the "largest amount raised" among deep tech and energy companies since its 2021 $1.8 billion Series B funding round.

  • August 28, 2025

    Federal Reserve Gov. Lisa Cook Sues Trump To Block Firing

    Federal Reserve Gov. Lisa Cook filed suit in federal court in Washington, D.C., on Thursday challenging President Donald Trump's "unprecedented and illegal attempt" to remove her from her position.

  • August 27, 2025

    Father, Son Seek 2-Year Sentences In $280M Sports Park Fraud

    A father and son are both seeking two-year sentences from a New York federal court after pleading guilty to fraud related to the development of a Phoenix-area youth sports park with $280 million in investments, alleging prosecutors overstated their culpability for investor losses.

  • August 27, 2025

    Ex-Software Co. Execs' Win Upheld In Retirement Plan Fight

    The Eleventh Circuit has ruled software company NCR Corp.'s "top hat" retirement plans didn't allow the company to issue lump-sum payments to plan participants as alternatives to promised life annuities, affirming former company executives' win in the contract breach suit alleging they were shortchanged payouts from the plans.

  • August 27, 2025

    Crypto SPACs Raise $500M Amid Renewed Industry Optimism

    Two SPACs targeting digital assets began trading Wednesday after raising a combined $500 million in initial public offerings, adding to a recent run of crypto-related blank check launches amid renewed investor interest in the sector.

  • August 27, 2025

    Ga. Law Firm's Fee Fight With Broker-Dealer Moved To Mich.

    A Georgia federal judge moved an Atlanta-area law firm's suit accusing a Michigan-based investment firm of failing to pay $180,000 in legal fees to the Great Lakes State after finding there is no evidence linking the Michigan-based company's Georgia branches to the alleged breach of contract.

  • August 27, 2025

    Co-Founder Says Weapons Tech Co. Undercut Stock Buy

    A co-founder of Armaments Research Co. sued the artificial intelligence-enabled weapons sensor company in North Carolina's business court, alleging that it failed to abide by their agreement to buy back his founding shares after he left the company.

  • August 27, 2025

    Home Depot Avoids Ex-Worker's 401(k) Forfeiture Suit

    A Georgia federal judge agreed to dismiss a proposed class action alleging Home Depot misspent forfeitures from an employee 401(k) plan by using the assets to reduce employer-side contribution obligations instead of lowering fees planwide, concluding allegations failed to state a claim for violating federal benefits law.

  • August 27, 2025

    Jailed Pastor Cites Adams Dismissal In Bid To Beat Charges

    A clergyman serving a nine-year sentence for fraud cited his ties to New York City Mayor Eric Adams on Wednesday in a bid to have his conviction overturned in the wake of the Trump administration's dismissal of the charges against Adams.

  • August 27, 2025

    Skadden, Sidley Advise On Sompo's $3.5B Aspen Acquisition

    Japanese insurer Sompo Holdings has agreed to acquire Aspen Insurance Holdings Ltd. for $3.5 billion in cash, with Skadden Arps Slate Meagher & Flom LLP representing Sompo and Sidley Austin LLP advising Aspen, the companies said Wednesday.

  • August 26, 2025

    Vesttoo Venture Capital Feud Goes To Arbitration In Israel

    A New York federal magistrate judge has ordered that fraud and negligence claims against a venture capital firm over $1 million of an investor's money that was placed into Israeli fintech firm Vesttoo Ltd., which was later ensnared in a scandal over $4 billion worth of forged letters of credit, go to arbitration in Israel. 

  • August 26, 2025

    Five Below Beats Some Investor Claims On Growth Potential

    A Pennsylvania federal judge has trimmed some claims from a shareholder suit accusing discount retailer Five Below and its executives of overstating the company's growth prospects and its ability to curb inventory loss, finding some of the suit's challenged statements to be inactionable, among other things.

  • August 26, 2025

    Ex-Genentech Worker Urges 9th Circ. To Revive ERISA Suit

    Counsel for a former Genentech employee urged the Ninth Circuit at a hearing Tuesday to revive his client's proposed class action alleging the biotechnology company kept unwise investment options in its 401(k) plan for years, saying the case is "vastly different" from one the lower court cited when tossing the suit.

  • August 26, 2025

    Standard General's Racial Bias Claims Against FCC Fall Flat

    Hedge fund manager Soo Kim has failed to convince a D.C. federal judge that the Federal Communications Commission and a cadre of media players were part of a racist conspiracy to kill his $8.6 billion merger with broadcaster Tegna.

  • August 26, 2025

    Fed Pushes To Dismiss Trump Ally's Suit Over Meeting Access

    Federal Reserve officials and members of the Federal Open Market Committee have urged a D.C. federal judge to toss a suit brought by an investment firm led by a supporter of President Donald Trump that seeks public access to monetary policy meetings, arguing they are not covered by the federal Sunshine Act as the investment firm claims.

  • August 26, 2025

    Firm Says It Shouldn't Owe SEC For Ex-Owner's Alleged Fraud

    A now-shuttered investment advisory firm has opposed the U.S. Securities and Exchange Commission's attempt to hold it jointly liable for a $5 million judgment alongside its former owner who was accused of scamming elderly clients, arguing it did not profit from the alleged exploitation.

  • August 26, 2025

    FINRA Fines US Bank Unit $500K Over Missed AML Reports

    A broker-dealer unit of U.S. Bank has been fined $500,000 by the Financial Industry Regulatory Authority following the FINRA member's realization that it had missed windows for filing certain reports of suspicious transactions.

  • August 26, 2025

    Legal Funding Firm Cartiga To Go Public Via $540M SPAC Deal

    Blank check company Alchemy Investments Acquisition Corp. 1, led by Loeb & Loeb LLP, has announced plans to acquire and take public legal-focused asset management platform Cartiga LLC, advised by Nelson Mullins Riley & Scarborough LLP, in a $540 million deal.

  • August 26, 2025

    White & Case-Led EchoStar Sells Spectrum To AT&T For $23B

    Telecommunications company EchoStar, advised by White & Case LLP, on Tuesday unveiled plans to sell certain wireless spectrum licenses to AT&T in a $23 billion all-cash deal.

  • August 26, 2025

    Fed's Lisa Cook Preps Lawsuit Over Trump Firing

    Federal Reserve Gov. Lisa Cook is preparing to file a lawsuit over President Donald Trump's announcement that she has been terminated from her position, allegedly for committing mortgage fraud, her lawyer said Tuesday.

  • August 26, 2025

    Trump Media, SPAC And Crypto.com Create $6.42B Crypto Biz

    Blank check company Yorkville Acquisition Corp., Truth Social operator Trump Media & Technology Group Corp. and Crypto.com unveiled a partnership Tuesday that would establish a $6.42 billion digital asset treasury company focused on the acquisition of the native cryptocurrency token of the cronos ecosystem.

Expert Analysis

  • Review Risk Is Increasing For Foreign Real Estate Developers

    Author Photo

    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.

  • Energy Order Brings Risks For Lenders And Borrowers Alike

    Author Photo

    A recent executive order directing the attorney general to submit a report next month with recommendations for halting enforcement of state laws the administration says are hampering energy resources presents risks for lenders and borrowers using state-generated carbon credits, but proactive steps now can help insulate against adverse consequences, say attorneys at Faegre Drinker.

  • Series

    Power To The Paralegals: An Untapped Source For Biz Roles

    Author Photo

    Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.

  • Series

    Playing Poker Makes Me A Better Lawyer

    Author Photo

    Poker is a master class in psychology, risk management and strategic thinking, and I’m a better attorney because it has taught me to read my opponents, adapt when I’m dealt the unexpected and stay patient until I'm ready to reveal my hand, says Casey Kingsley at McCreadyLaw.

  • Does R-Squared Have A Role In Event Study Analysis?

    Author Photo

    With 2024 marking the second consecutive year to experience an increase in securities class action filings, determining the reliability of event study models is of utmost importance, but it's time to reconsider the traditional method of doing so, say analysts at StoneTurn Group.

  • Opinion

    Why It's Time To Retire The Efficient Market Hypothesis

    Author Photo

    As agentic artificial intelligence systems increasingly affect financial markets, the efficient market hypothesis no longer offers a viable foundation for legal and regulatory engagement, and a new theoretical foundation is needed, say Zachary Brenner, a student at California Western School of Law, and attorney Gary Brenner.

  • As Tariffs Hit The Radar, PE Counsel Should Review Strategies

    Author Photo

    As tariffs compound existing challenges in the private equity sector, counsel should consider existing headwinds such as interest rates and industry-specific impacts like supply chains and pricing power, which may help mitigate risks and capture opportunity, says Nathan Viehl at Thompson Coburn.

  • Series

    Law School's Missed Lessons: Becoming A Firmwide MVP

    Author Photo

    Though lawyers don't have a neat metric like baseball players for measuring the value they contribute to their organizations, the sooner new attorneys learn skills frequently skipped in law school — like networking, marketing, client development and case evaluation — the more valuable, and less replaceable, they will be, says Alex Barnett at DiCello Levitt.

  • What We Lost After SEC Eliminated Regional Director Role

    Author Photo

    Former U.S. Securities and Exchange Commission Regional Director Marc Fagel discusses the recent wholesale elimination of the regional director position, the responsibilities of the job itself and why discarding this role highlights how the appearance of creating a more efficient agency may limit the SEC's effectiveness.

  • $38M Law Firm Settlement Highlights 'Unworthy Client' Perils

    Author Photo

    A recent settlement of claims against law firm Eckert Seamans for allegedly abetting a Ponzi scheme underscores the continuing threat of clients who seek to exploit their lawyers in perpetrating fraud, and the critical importance of preemptive measures to avoid these clients, say attorneys at Lockton Companies.

  • Series

    Teaching Business Law Makes Me A Better Lawyer

    Author Photo

    Teaching business law to college students has rekindled my sense of purpose as a lawyer — I am more mindful of the importance of the rule of law and the benefits of our common law system, which helps me maintain a clearer perspective on work, says David Feldman at Feldman Legal Advisors.

  • SEC's Crypto Statement Offers Clarity On Disclosures

    Author Photo

    While the crypto industry awaits a definitive rule from the U.S. Securities and Exchange Commission on whether a crypto-asset is a security, its recent guidance provides a road map for registrants seeking to comply with current disclosure requirements and shows the commission is working toward a comprehensive regulatory framework, say attorneys at Debevoise.

  • Series

    Law School's Missed Lessons: Mastering Discovery

    Author Photo

    The discovery process and the rules that govern it are often absent from law school curricula, but developing a solid grasp of the particulars can give any new attorney a leg up in their practice, says Jordan Davies at Knowles Gallant.

  • Opinion

    Proposals Against Phillips 66 Threaten Corporate Law

    Author Photo

    Activist investor Elliott Investment Management's latest attempted tactic — initiating a high-stakes proxy contest against Phillips 66 — goes too far and would cause the company to both violate Delaware law and avoid the legal exception to the shareholder proposal process, says J.W. Verret at George Mason University.

  • CFTC Memos Clarify When 'Sorry' Still Gets You Subpoenaed

    Author Photo

    A pair of Commodity Futures Trading Commission advisories released in February and April open a new path to self-reporting but emphasize that serious breaches still warrant a trip to the penalty box, prompting firms to weigh whether — and how — to disclose potential violations in the future, say attorneys at Pryor Cashman.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Asset Management archive.