Asset Management

  • November 19, 2025

    Alkermes, Avadel Bump Deal To $2.37B After Alternate Bid

    Alkermes PLC said on Wednesday that its agreement to purchase Avadel Pharmaceuticals PLC has been increased to as much as $2.37 billion after a third party threw an alternate bid into the mix. 

  • November 19, 2025

    3 Firms Lead Churchill Capital's Latest $300M SPAC Filing

    Special purpose acquisition company Churchill Capital Corp. XI, the latest in a string of SPACs founded by former Citi executive Michael Klein, has launched plans to raise up to $300 million in its initial public offering built by three law firms.

  • November 19, 2025

    Brookfield Launches $100 Billion AI Infrastructure Program

    Brookfield Asset Management said Wednesday it is working with Nvidia and the Kuwait Investment Authority on a program to acquire up to $100 billion worth of infrastructure assets supporting artificial intelligence technology.

  • November 19, 2025

    3 Firms Build $450M Blockfusion SPAC Merger

    Data center infrastructure company Blockfusion USA Inc. on Wednesday unveiled plans to go public by merging with special purpose acquisition company Blue Acquisition Corp. in a $450 million deal that was built by three law firms.

  • November 19, 2025

    Wachtell Guides $1.9B Adobe Buy Of Davis Polk-Led Semrush

    Adobe Inc. said Wednesday it has agreed to acquire Semrush Holdings Inc., a provider of search and brand visibility tools, for $12 per share in cash, valuing the company at about $1.9 billion.

  • November 19, 2025

    Simpson Thacher-Led DigitalBridge Clinches $11.7B 3rd Fund

    Digital ecosystem-focused private equity shop DigitalBridge Group Inc., advised by Simpson Thacher & Bartlett LLP, revealed that it closed its third value-added digital infrastructure fund with $11.7 billion of total commitments.

  • November 19, 2025

    Weil Guides Dycom On $2B Data Center Contractor Deal

    Weil Gotshal & Manges LLP is advising Dycom Industries Inc. on its planned acquisition of Power Solutions, in a deal that values the Miles & Stockbridge PC-advised data center electrical contractor at $1.95 billion, according to a Wednesday announcement. 

  • November 18, 2025

    Ex-PetIQ Exec Cops To Insider Trading Ahead Of Acquisition

    A former executive for Idaho-based PetIQ has pled guilty to insider trading after using another person's brokerage account to purchase stock in his company ahead of its planned acquisition in 2024, court filings show.

  • November 18, 2025

    Judge Says Texas, Toronto Exchange Logos Seem Dissimilar

    A Texas federal judge expressed skepticism that the Toronto Stock Exchange has much of a leg to stand on in its attempt to get the Texas Stock Exchange to change its logo, saying during a hearing Tuesday that the logos look dissimilar enough for most people to tell the difference.

  • November 18, 2025

    Groups Seek More Time To Comment On SEC's RMBS Plan

    The Securities Industry and Financial Markets Association is among those calling for the U.S. Securities and Exchange Commission to grant more time to provide feedback on a plan that could change how the agency regulates residential mortgage-backed securities, citing the recent government shutdown as a reason for extending the deadline. 

  • November 18, 2025

    Bristol-Myers Squibb Can Appeal Pension Suit To 2nd Circ.

    Drugmaker Bristol-Myers Squibb and its investment manager can ask the Second Circuit to review a decision from September denying their motion to dismiss a pension dispute for lack of standing, a New York federal judge ruled.

  • November 18, 2025

    Investment Co. Inks Deal To End Royal Caribbean 401(k) Fight

    Russell Investments Trust Co. has agreed to pay $500,000 to resolve class action claims that it loaded Royal Caribbean's employee retirement plan with underperforming proprietary funds while serving as its investment manager, the plan participant leading the suit has told a Florida federal court.

  • November 18, 2025

    Feds Charge 6 More In Global Insider Trading Ring

    Six more people have been charged in what federal prosecutors say was a global insider trading network that netted tens of millions of dollars for its participants, the U.S. Attorney's Office in Massachusetts announced Tuesday.

  • November 18, 2025

    Disbarred NC Atty Must Pay $5.2M For Escrow Fund Misuse

    A disbarred attorney was ordered to pay $5.2 million in restitution and serve four years of probation during a Tuesday sentencing hearing in North Carolina federal court, after he pled guilty to a criminal wire fraud charge related to the misuse of escrow funds.

  • November 18, 2025

    AI-Based Fintech Quantum Lending Secures $400M In Funding

    Artificial intelligence-based fintech Quantum Lending Solutions announced Tuesday that it wrapped a $400 million financing round, which will be used to help the firm continue growing out its lending infrastructure.

  • November 18, 2025

    Latham-Led Monogram Capital Clinches $350M 3rd Fund

    Latham & Watkins LLP-advised private equity shop Monogram Capital Partners on Tuesday announced that it closed its third fund with $350 million in tow, bringing the Los Angeles-based firm's total regulatory assets under management to roughly $1.75 billion.

  • November 18, 2025

    AT&T Avoids Plan Participant's 401(k) Forfeiture Suit

    An AT&T worker failed to state a claim for violations of federal benefits law in a proposed class action alleging that employee 401(k) plan forfeitures were misspent, a California federal judge found, tossing the suit.

  • November 18, 2025

    Willkie, Appleby Lead Prismic's $1.3B Fundraise

    Prismic Life Holding Company LP, led by Willkie Farr & Gallagher LLP and Appleby (Bermuda) Ltd., revealed Tuesday that it closed its third capital raise after securing $1.3 billion from investors, which will be used to grow the company's reinsurance platform.

  • November 18, 2025

    3 Firms Advise On $1.1B Deal For Topgolf Majority Stake

    Three law firms are advising on a deal announced Tuesday that will see Leonard Green & Partners LP purchase a majority stake in the entertainment and driving range businesses of Topgolf Callaway Brands Corp. at a $1.1 billion value. 

  • November 17, 2025

    SEC To Review Compliance With New Data Breach Rule

    The U.S. Securities and Exchange Commission announced Monday it will begin examining broker-dealers and investment advisers for compliance with a new rule requiring them to report data breaches to their customers.

  • November 17, 2025

    Disney Brass Fumbled Streaming Strategy, Investor Suit Says

    Walt Disney Co. leaders, including longtime CEO Bob Iger, are facing a proposed shareholder derivative action alleging they mismanaged the launch of the Disney+ streaming service then concealed that an aggressive push for subscriber growth was made "at the expense of overall profitability."

  • November 17, 2025

    WilmerHale Taps SEC's Former Investment Management Exec

    WilmerHale has hired a 24-year veteran of the U.S. Securities and Exchange Commission, who most recently was director of the agency's Division of Investment Management, to lead the firm's investment management practice.

  • November 17, 2025

    Kirkland-Led Satellite Firm York Space Systems Files IPO

    Space and defense company York Space Systems on Monday filed plans to launch its initial public offering, a move that comes as the IPO pipeline is expected to gain more traction now that the historically long government shutdown has ended and U.S. Securities and Exchange Commission staff are back to work.

  • November 17, 2025

    Cravath, Goodwin Advise On J&J's $3B Cancer Drug Play

    Cravath-advised Johnson & Johnson said Monday it has agreed to pay $3.05 billion in cash for Goodwin-led Halda Therapeutics, a biotech developing a clinical-stage therapy for prostate cancer.

  • November 17, 2025

    9th Circ. Strikes Down Trans Patients' Win In ACA Bias Case

    The Ninth Circuit upended a win Monday for patients who challenged Blue Cross Blue Shield of Illinois' administration of their employer-provided health plans containing gender-affirming care exclusions, ordering a lower court to reexamine the case in light of intervening authority from the U.S. Supreme Court.

Expert Analysis

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • How Cos. Can Prep For Tightened Calif. Data Breach Notices

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    Amid California's recent enactment of S.B. 446, which significantly amends the state's data breach notification laws, companies should review and update their incident response plans by establishing processes to document and support any delayed notification, and ensure the notifications' accuracy, say Mark Krotoski and Alexandria Marx at Pillsbury.

  • Digital Asset Treasury Trend Signals Wider Crypto Embrace

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    While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

  • Why Appellees Should Write Their Answering Brief First

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    Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.

  • Questions To Ask Your Client When Fraud Taints Financing

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    As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.

  • Series

    Mindfulness Meditation Makes Me A Better Lawyer

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    Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.

  • AI Litigation Tools Can Enhance Case Assessment, Strategy

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    Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.

  • Attys Beware: Generative AI Can Also Hallucinate Metadata

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    In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.

  • How 9th Circ. Ruling Deepens SEC Disgorgement Circuit Split

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    The Ninth Circuit's recent decision in U.S. Securities and Exchange Commission v. Sripetch creates opposing disgorgement rules in the two circuits where the SEC brings a large proportion of enforcement actions — the Second and Ninth — and increases the likelihood that the U.S. Supreme Court will step in, say attorneys at Cahill Gordon.

  • SEC Crypto Custody Relief Offers Clarity For Funds

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    A recent U.S. Securities and Exchange Commission staff letter supplies a workable path for registered investment advisers and funds seeking to offer crypto custody services by using state trust companies, and may portend additional useful guidance regarding crypto custody, say attorneys at Morgan Lewis.

  • DOJ's UnitedHealth Settlement Highlights New Remedies Tack

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    The use of divestitures and Hart-Scott-Rodino Act compliance in the recent U.S. Department of Justice settlement with UnitedHealth Group and Amedisys underscores the DOJ Antitrust Division's willingness to utilize merger remedies under the second Trump administration, say attorneys at Buchanan Ingersoll.

  • When Atty Ethics Violations Give Rise To Causes Of Action

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    Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.

  • A Shift To Semiannual Reporting May Reshape Litigation Risk

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    While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.

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