Asset Management

  • November 13, 2025

    Advent GC Returns To Ropes & Gray To Co-Lead PCT Practice

    Ropes & Gray LLP announced Thursday that an attorney who left its ranks a few years ago for private equity firm Advent International Corp. is set to return to the firm at the beginning of December as the co-leader of its global private capital transactions practice.

  • November 13, 2025

    Silvergate Bank Parent Gets OK For Ch. 11 Plan

    A Delaware bankruptcy judge on Thursday approved the Chapter 11 plan of the parent company of failed cryptocurrency-focused Silvergate Bank after hearing the company had resolved all objections to the proposal.

  • November 13, 2025

    AI Coding Biz Valued At $29.3B After $2.3B Funding Round

    Artificial intelligence development platform Cursor on Thursday revealed that its valuation had soared to $29.3 billion after it wrapped its latest funding round with $2.3 billion in investor commitments.

  • November 12, 2025

    Feds Launch Crypto Scam Strike Force With New Sanctions

    Federal authorities said Wednesday they have created a strike force targeting cryptocurrency-related fraud and scams originating in Southeast Asia, a development announced alongside the addition of a Burmese armed group to a list of entities under U.S. sanctions.

  • November 12, 2025

    Ex-Aerotech Workers Push For Class Cert. In ESOP Suit

    Former Aerotech Inc. employees who have accused the motion control solutions company of mismanaging its employee stock ownership plan urged a Pennsylvania federal court Wednesday to certify a class of plan beneficiaries and participants, saying they easily satisfied requirements for class certification.

  • November 12, 2025

    Reed Smith Facilitated Jet Repossession Ploy, Suit Claims

    Reed Smith LLP and two of its attorneys are facing claims of improperly facilitating an attempted repossession of an aviation company's plane, purportedly representing the company's lender while actually working for an alternative investment firm angling to seize the plane.

  • November 12, 2025

    Energy Co. Agrees To Class Status In 401(k) Fee Suit

    NextEra Energy told a Florida federal court Wednesday that it agreed to the certification of a 20,000-member class in a lawsuit claiming the company misused forfeited 401(k) plan funds and allowed the plan's recordkeeper to charge excessive fees.

  • November 12, 2025

    Providence Health Nears ERISA Deal Over 401(k) Admin Costs

    Providence Health & Services has reached a tentative deal to resolve a proposed class action accusing the nonprofit healthcare system of misspending millions of dollars in forfeited employer retirement contributions in violation of federal benefits law, the parties told a Seattle federal judge.

  • November 12, 2025

    'Weird' Bikini Trust Fight Flipped To Summary Judgment Bid

    Calling the dispute over two Bikini Atoll resettlement trusts "weird," "strange" and "very unusual," during a Wednesday hearing, a Delaware Chancery judge converted a motion to dismiss into a motion for summary judgment, ruling the allegations of starvation, coercion and withheld information require factual development before any legal conclusions can be drawn.

  • November 12, 2025

    Foley-Led AO Smith Buys Leonard Valve In $470M Deal

    Water technology company A.O. Smith Corp., led by Foley & Lardner LLP, on Wednesday announced plans to buy Leonard Valve in a $470 million all-cash deal.

  • November 10, 2025

    Law360 MVP Awards Go To Top Attorneys From 76 Firms

    The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.

  • November 10, 2025

    GTCR's $627M Medical Coatings Acquisition Can Get Moving

    GTCR BC Holdings LLC can continue with its plan to acquire the nation's leading medical coatings supplier and merge it with the nation's second leading provider while federal regulators challenge the transaction in-house, an Illinois federal judge said Monday, refusing to halt the deal.

  • November 10, 2025

    IRS Sets Safe Harbor For Trusts Staking Digital Assets

    Investment and grantor trusts can stake their digital assets — which can generate passive income — without losing their tax benefits if they meet certain requirements, including obtaining approval from the U.S. Securities and Exchange Commission to authorize such activities, the Internal Revenue Service said in a revenue procedure Monday.

  • November 10, 2025

    Ex-Oura CEO Claims He Was Stiffed On Promised Stock

    The former CEO of Oura Health has sued the smart ring maker in California federal court, claiming that despite working "tirelessly" and growing the health technology company into a multibillion-dollar success, he was ousted and the company's board reneged on promises to give him millions in stock options.

  • November 10, 2025

    RICO Defendant With $71M Verdict Warned Of Jail Time

    A Texas federal judge told a man who is on the hook for a $71 million judgment after he ran a shakedown scheme against an investment management company that he had better hand over his financial records, saying Monday the alternative would include a trip to the local jail.

  • November 10, 2025

    Apollo Sports Capital Takes Majority Stake In Atlético Madrid

    Apollo Sports Capital, guided by Allen Overy Shearman Sterling, said Monday it will acquire a majority stake in Spanish soccer club Atlético de Madrid, but did not disclose financial details.

  • November 10, 2025

    Kirkland Guides KKR'S $2.2B Novaria Sale To Arcline

    Private equity giant KKR announced Monday plans to sell Texas-based aerospace component-supplier Novaria Group to Arcline Investment Management in an all-cash transaction valued at $2.2 billion, guided by Kirkland & Ellis LLP for KKR and Novaria, and Ropes & Gray LLP and Paul Hastings LLP for Tennessee-based Arcline.

  • November 10, 2025

    US Bank Settles 401(k) Recordkeeping Fee Class Action

    U.S. Bancorp and a class of participants in the company's employee 401(k) plan told a Minnesota federal court on Monday that they had reached a settlement deal to resolve workers' allegations that the plan paid excessive recordkeeping fees in violation of federal benefits law.

  • November 07, 2025

    Athena Bitcoin Hit With Class Action Over Consumer Fees

    Athena Bitcoin Inc., an operator of so-called bitcoin automated teller machines, was hit with a consumer's proposed class action in Florida federal court accusing it of charging customers excessive and undisclosed fees and operating without a proper money transmitting license.

  • November 07, 2025

    Financial Advising Firms Face Class Action Over Data Breach

    Two financial advising companies are facing a proposed class action in Colorado state court that alleges the firms failed to take steps to prevent a data breach that compromised customers' private information, including names and Social Security numbers.

  • November 07, 2025

    Pension Corp. Installs EEOC Ex-Chair Dhillon As Director

    The Pension Benefit Guaranty Corp. swore in former U.S. Equal Employment Opportunity Commission chair and commissioner Janet Dhillon as the 17th director of the federal agency, which runs two insurance programs backstopping the nation's single and multiemployer defined-benefit pension plans.

  • November 07, 2025

    3 Firms Guide Dubai Hookah Maker's $1.75B SPAC Merger

    Three law firms are guiding Dubai hookah brand owner AIR Ltd. on its agreement to go public in the U.S. through a $1.75 billion deal with blank-check firm Cantor Equity Partners III, the companies said on Friday. 

  • November 07, 2025

    ERISA Recap: 6 Things Attys May Have Missed In Oct.

    Two appeals court judges used a decision in an employee stock ownership plan case to urge the full Eleventh Circuit to rethink its requirements for filing federal benefits suits, a marketing company shut down a 401(k) forfeiture case, and CVS and Duke University were hit with new suits. Here, Law360 looks back at six noteworthy ERISA developments from last month.

  • November 07, 2025

    Laborie Buys Postpartum Bleeding Device For Up To $465M

    Medical technology company Laborie Medical Technologies, advised by Simpson Thacher & Bartlett LLP and Cooley LLP, unveiled plans Friday to acquire a postpartum uterine bleeding device from New Jersey-based healthcare company Organon for up to $465 million.

  • November 06, 2025

    Pair Of Health-Focused Startups Net $423M In Combined IPOs

    Two startups, spanning the diagnostics and biotechnology sectors, began trading on Thursday after raising a combined $423 million in initial public offerings, guided by three law firms, as more companies continue going public despite a historic government shutdown that has reduced staffing at the U.S. Securities and Exchange Commission.

Expert Analysis

  • How Trump Admin Treasury Policies Are Reaching Banks

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    The Treasury Department has emerged as an important facilitator of the Trump administration's financial policies affecting banks, which are now facing deregulation domestically and the use of international economic authorities in cross-border trade and investment, say attorneys at Davis Polk.

  • Series

    My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • Policy Shifts Bring New Anti-Money Laundering Challenges

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    In the second half of 2025, the U.S. anti-money laundering regulatory landscape is poised for decisive shifts in enforcement priorities, compliance expectations and legislative developments — so investment advisers and other financial institutions should take steps to prepare for potential new obligations and areas of risk, say attorneys at Linklaters.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

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    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Assessing New Changes To Texas Officer Exculpation Law

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    Consistent with Texas' recent modernization of its corporate law, the recently passed S.B. 2411 allows officer exculpation, streamlines certificate of formation amendments, authorizes representatives to act on shareholders' behalf in mergers and makes other changes aimed toward companies seeking a more codified, statutory model of corporate governance, say attorneys at Bracewell.

  • Is SEC Moving Away From Parallel Insider Trading Cases?

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    The U.S. Securities and Exchange Commission's apparent lack of follow-up in four recent criminal cases of insider trading brought by the Justice Department suggests the SEC may be reconsidering the expense and effort of bringing parallel civil charges for insider trading, say attorneys at Dentons.

  • Series

    Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Rocket Mortgage Appeal May Push Justices To Curb Classes

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    Should the U.S. Supreme Court agree to hear Alig v. Rocket Mortgage, the resulting decision could limit class sizes based on commonality under Rule 23 of the Federal Rules of Evidence as opposed to standing under Article III of the U.S. Constitution, say attorneys at Carr Maloney.

  • Series

    Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Opinion

    IRS Should Work With Industry On Microcaptive Regs

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    The IRS should engage with microcaptive insurance owners to develop better regulations on these arrangements or risk the emergence of common law guidance as taxpayers with legitimate programs seek relief in the federal courts, says Dustin Carlson at SRA 831(b) Admin.

  • Opinion

    Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Series

    Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • 9th Circ. Ruling Is Turning Point For Private Funds In 401(k)s

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    The Ninth Circuit's decision in Anderson v. Intel reinforces that the Employee Retirement Income Security Act's duty of prudence permits fiduciaries to use private market assets in diversified funds, yet it also exposes the persistent litigation and regulatory uncertainties that continue to temper wider adoption in 401(k) plans, say attorneys at Debevoise.

  • A Guide To Permanent Capital Vehicles As Access Widens

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    Recent regulatory and legislative actions are making it easier for retail investors to access permanent capital vehicles like closed-end, interval, tender offer and open-end funds, which each offer distinct advantages that are important to review, say attorneys at Mayer Brown.

  • Series

    Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

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