Asset Management

  • December 02, 2025

    Software-Focused Growth Equity Firm Wraps $375M Fund

    Software-specialist growth equity firm Expedition Growth Capital on Tuesday revealed that it clinched its third fund after securing $375 million of investor commitments.

  • December 02, 2025

    MVP: Paul Weiss' Matthew B. Goldstein

    Matthew Goldstein of Paul Weiss Rifkind Wharton & Garrison LLP helped top asset management firm Apollo Global Management raise billions of dollars in capital and close out several of the group's investment funds in a complicated economic climate, earning him a spot as one of the 2025 Law360 Fund Formation MVPs.

  • December 02, 2025

    $4.6M Garnet Health Deal Over Retirement Plan Gets Initial OK

    A New York federal judge granted initial approval Tuesday to a $4.6 million class action settlement between Garnet Health Medical Center and workers who challenged their employee retirement plan's fees and investments, which comes after parties reported a deal to end the case in September.

  • December 02, 2025

    Trio Of Firms Advises On Planned $500M Eventbrite Sale

    Eventbrite Inc. said on Tuesday it has agreed to be acquired by Italian technology company Bending Spoons in an all-cash deal valuing the event management platform at about $500 million and steered by three law firms. 

  • December 02, 2025

    Kalshi's Valuation Soars To $11B After $1B Funding Round

    Prediction market platform Kalshi, advised by Cooley LLP, revealed Tuesday that it reached an $11 billion valuation after wrapping its latest funding round with $1 billion of investor commitments.

  • December 01, 2025

    Fed Sees Shrinking Number Of Open Exam Findings At Banks

    The Federal Reserve on Monday reported broad declines in open supervisory issues at financial institutions under its oversight during the first half of the year, a shift that comes as the Trump administration is pursuing efforts to rein in examiner criticism of banks.

  • December 01, 2025

    DC Circ. Wonders If SEC Arbitration Decision Was Too Brief

    At least one judge on the D.C. Circuit wondered Monday whether the SEC presented too "bare bones" of an opinion when rejecting a petition to amend three long-running arbitration rules adopted by the Financial Industry Regulatory Authority.

  • December 01, 2025

    Home Depot Ex-Worker's Appeal In 401(k) Suit Dismissed

    The Eleventh Circuit on Monday tossed an appeal by a former Home Depot worker in a proposed class action alleging the company misspent forfeited employer contributions in its employee 401(k) plan, several months after a Georgia lower court concluded that the lawsuit failed to state a claim.

  • December 01, 2025

    Chancery Says Harassment Doesn't Breach Fiduciary Duty

    Delaware's Chancery Court tossed a suit from the founder of a credit repair company who claimed an ex-director breached his fiduciary duties by engaging in sexual harassment that led to $1.8 million in judgments, ruling that workplace sexual misconduct can't trigger corporate liability.

  • December 01, 2025

    11th Circ. Reverses Energy Co. Win In Investor Suit

    The Eleventh Circuit has revived a proposed class action against NextEra Energy Inc. seeking to hold the energy company liable for a drop in its share price after political interference allegations emerged against its subsidiary Florida Power and Light Co.

  • December 01, 2025

    Latham-Led Targa To Pay $1.3B For Permian Processing Co.

    Targa Resources Corp. said Monday it will acquire Stakeholder Midstream LLC for $1.25 billion in cash, adding an extensive gathering and processing, or G&P, system in the Permian Basin to its asset base.

  • December 01, 2025

    Weil Guides Brookfield On $900M Italian Machinery Biz Deal

    Weil Gotshal & Manges LLP-advised Brookfield said on Monday it has agreed to buy Italy's Fosber, a maker of machinery and services for the corrugated packaging industry, in a deal that values the company at about $900 million.

  • December 01, 2025

    Attys Seek $99M From Colgate-Palmolive ERISA Pension Deal

    Attorneys representing Colgate-Palmolive retirees asked a New York federal court to approve $99 million in attorney fees and expenses from a $332 million megadeal ending claims the company skimped on pensioners' lump-sum retirement payouts, a request that comes after the court initially signed off on the settlement in October.

  • December 01, 2025

    MVP: Davis Polk's Andrew M. Ahern

    Andrew M. Ahern of Davis Polk & Wardwell LLP co-led a $6 billion fund for PSG Equity LLC, a $2.2 billion buyout fund for J.F. Lehman & Co. and multiple funds totaling $2 billion for Lightspeed Venture Partners amid a move to his new firm, earning him a spot among the 2025 Law360 Fund Formation MVPs.

  • December 01, 2025

    3 Firms Steer Goldman's $2B Innovator Capital Buy

    Goldman Sachs said Monday that it has agreed to acquire Innovator Capital Management in a deal valued at about $2 billion, a move that will expand its lineup of exchange-traded funds and add $28 billion in assets under supervision.

  • December 01, 2025

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court saw a slate of corporate law clashes this past week, from fast-moving injunction fights in consumer product and real estate markets to multibillion-dollar oversight claims against crypto executives and fresh battles over control for two sports teams.

  • December 01, 2025

    2 Firms Steer Construction Services Firm's $242M IPO

    Construction services firm Cardinal Infrastructure Group Inc., guided by Willkie Farr & Gallagher LLP, set a price range for an estimated $242 million initial public offering on Monday, and the IPO is being backed by lead underwriters Stifel Nicolaus & Co. Inc. and William Blair & Co. LLC, advised by Latham & Watkins LLP.

  • November 26, 2025

    4th Circ. Clears Lender In Kuwaiti Royal Fraud Case

    World Business Lenders LLC secured a modest windfall in the Fourth Circuit on Wednesday after a panel said the small business lender was not "willfully blind" to financial fraud against a member of the Kuwaiti royal family and reversed a lower court's judgment that ordered WBL to pay over $704,000 in compensatory and punitive damages.

  • November 26, 2025

    Spain Seeks Pause On €77M Blasket Award Enforcement

    Spain has asked a D.C. federal court to pause efforts by Blasket Renewable Investments LLC to enforce a €77 million ($89 million) arbitral award while the country waits for the U.S. Supreme Court to decide whether to review a related case.

  • November 26, 2025

    Robinhood, Susquehanna Eye Prediction Market Expansion

    Robinhood Markets is planning to beef up its prediction market offerings by partnering with Susquehanna International Group to acquire and stand up a regulated derivatives exchange and clearinghouse.

  • November 26, 2025

    Oil Trader Says No Jail Needed After Co.'s $191M Bribery Fine

    A former Connecticut oil trader convicted of laundering money and paying bribes to an official at Brazilian oil giant Petroleo Brasileiro SA has sought a sentence of probation, citing the U.S. government's "significant rollback" of Foreign Corrupt Practices Act enforcement.

  • November 26, 2025

    GTCR Drops FTC Constitutional Challenge Over Merger Case

    GTCR BC Holdings LLC has agreed to dismiss its constitutional claims against the Federal Trade Commission after enforcers dropped their case challenging the private equity firm's $627 million purchase of medical device coatings company Surmodics Inc.

  • November 26, 2025

    Nukkleus Exec's SPAC Begins Trading After $150M IPO

    A special purpose acquisition company led by the CEO of defense company Nukkleus began trading publicly on Wednesday after raising $150 million in its initial public offering built by three law firms.

  • November 26, 2025

    Ex-Amarin CEO Loses Suit Over Ouster After Proxy Fight

    A New Jersey federal judge on Wednesday tossed a lawsuit against Amarin Pharmaceuticals Inc. from its former CEO over his removal, finding that the allegations did not amount to "good cause" under Swiss law and that no qualifying "change of control" occurred to trigger severance benefits.

  • November 26, 2025

    3 Firms Guide Sports Biz Enhance's $1.2B SPAC Merger

    Sports competition and performance products company Enhanced Ltd. on Wednesday announced plans to go public through a merger with special purpose acquisition company A Paradise Acquisition Corp. in a deal that values the business at $1.2 billion and was built by three law firms.

Expert Analysis

  • Rebutting Price Impact In Securities Class Actions

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    Defendants litigating securities cases historically faced long odds in defeating class certification, but that paradigm has recently begun to shift, with recent cases ushering in a more searching analysis of price impact and changing the evidence courts can consider at the class certification stage, say attorneys at Katten.

  • 7 Document Review Concepts New Attorneys Need To Know

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    For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

  • Stablecoin Committee Promotes Uniformity But May Fall Short

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    While the Genius Act's establishment of the Stablecoin Certification Review Committee will provide private stablecoin issuers with more consistent standards, fragmentation remains due to the disparate regulatory approaches taken by different states, say attorneys at Morgan Lewis.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.

  • Parsing Trump Admin's First 6 Months Of SEC Enforcement

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    The U.S. Securities and Exchange Commission's enforcement results for the first six months of the Trump administration show substantially fewer new enforcement actions compared to the same period under the previous administration, but indicate a clear focus on traditional fraud schemes affecting retail investors, say attorneys at King & Spalding.

  • Series

    Being A Professional Wrestler Makes Me A Better Lawyer

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    Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.

  • SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'

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    The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.

  • Series

    Law School's Missed Lessons: Adapting To The Age Of AI

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    Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.

  • Why Fla. Ruling Is A Call To Action For Foreclosure Counsel

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    A Florida state court's recent decision in Open Range Properties v. AmeriHome Mortgage has sent ripples through the banking industry and the legal community, and signals a new era of heightened scrutiny and procedural rigor in foreclosure litigation, says Andrew McBride and Adams & Reese.

  • What To Expect As Trump's 401(k) Order Materializes

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    Following the Trump administration’s recent executive order on 401(k) plan investments in alternative assets like cryptocurrencies and real estate, the U.S. Department of Labor and the U.S. Securities and Exchange Commission will need to answer several outstanding questions before any regulatory changes are implemented, say attorneys at Cleary.

  • Demystifying The Civil Procedure Rules Amendment Process

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    Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.

  • 'Solicit' Ruling Offers Proxy Advisers Compliance Relief

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    The D.C. Circuit recently found that proxy voting advice does not fall under the legal definition of "solicitation," significantly narrowing the U.S. Securities and Exchange Commission's regulatory power over such advisers, offering stability to the proxy advisory industry and providing temporary relief from new compliance burdens, say attorneys at Sheppard Mullin.

  • Evaluating The SEC's Rising Whistleblower Denial Rate

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    The rising trend of U.S. Securities and Exchange Commission whistleblower award claim denials represents a departure from the SEC's previous track record and may reflect a more conservative approach to whistleblower award determinations under the current administration, say attorneys at Troutman Pepper.

  • Parenting Skills That Can Help Lawyers Thrive Professionally

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    As kids head back to school, the time is ripe for lawyers who are parents to consider how they can incorporate their parenting skills to build a deep, meaningful and sustainable legal practice, say attorneys at Alston & Bird.

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