Capital Markets

  • August 07, 2026

    Senators Push Back Crypto Bill Vote To September

    Senate Majority Leader John Thune, R-S.D., has confirmed that the Clarity Act to regulate cryptocurrency markets won't get a vote until the chamber returns from its August recess, but lawmakers on both sides of the aisle have committed to continued negotiations.

  • August 07, 2026

    Kalshi Wants Utah Gambling Law Blocked Pending Appeal

    Kalshi has urged a federal judge to issue an injunction barring Utah from enforcing its anti-gambling laws against the company's prediction markets while it appeals a ruling holding the state could do so.

  • August 07, 2026

    NY Judge Trims Chinese AI Co. IPO Disclosure Suit

    A New York federal judge Friday trimmed a proposed investor class action alleging China-based AI company Xiao-I Corp. and its top brass downplayed increasing costs related to its initial public offering, finding that the company's registration statement made disclosures that doom some of the suit's claims.

  • August 07, 2026

    Firebrand Investor Owed $8M, Del. Chancery Says

    The fair value of Firebrand Financial Group is about $11.08 per share, the Delaware Court of Chancery ruled Friday, in a case in which a stockholder sought the court's input following a collapsed transaction, valuing his stock at around $8 million.

  • August 07, 2026

    SEC Walks Away From Novel Insider Trading Case

    The U.S. Securities and Exchange Commission voluntarily dismissed its lawsuit against Terren Peizer on Friday, walking away from a novel insider trading case accusing the convicted Ontrak Inc. founder of avoiding $12.7 million in losses by shedding stock after he learned that the company's biggest client was cutting ties.

  • August 07, 2026

    REITs Must Face Shareholders' Suit Over Delayed Liquidation

    A New Jersey federal judge refused to let a group of real estate investment trusts and other parties escape a proposed class action accusing them of tricking shareholders into approving amended legacy charters that delayed the liquidation process, which prevented shareholders from cashing out.

  • August 07, 2026

    Trump Renews Bid To Oust Fed's Cook Over Mortgage Claims

    The White House has notified Federal Reserve Gov. Lisa Cook that President Donald Trump is "considering" moving again to oust her from the central bank, setting up another potential legal battle after the U.S. Supreme Court blocked her removal in June.

  • August 07, 2026

    KKR Buying Medicover's India Business In $1.4B Deal

    Global investment firm KKR has agreed to acquire Medicover Hospitals India, Swedish healthcare provider Medicover AB's Indian hospital operations business, in a transaction that values the platform at about €1.2 billion ($1.4 billion).

  • August 07, 2026

    Judge Says BofA, Merrill Needn't Account For Disputed $7.5B

    A Georgia federal judge rejected an Atlanta investment company's bid to make Bank of America and Merrill Lynch explain the status of a disputed $7.5 billion wire transfer or hold onto the alleged funds, saying the company failed to show it would be irreparably harmed without such an order.

  • August 07, 2026

    Cooley Leads 2 Biotech Firms Pricing IPOs Totaling $496M

    Two biotechnology firms began trading publicly Friday after raising a combined $496 million in their initial public offerings, with Cooley LLP advising both companies and Latham & Watkins LLP advising both underwriters.

  • August 07, 2026

    Taxation With Representation: Slaughter And May, Covington

    In this week's Taxation With Representation, U.K. real estate investment trust Segro's board agrees to a share offer from U.S. rival Prologis with a partial cash alternative, Curium acquires fellow radiopharmaceutical company Lantheus Holdings Inc., and investment firm KKR buys medical device company Integer Holdings Corp.

  • August 06, 2026

    Meta Nears Ax Of Suits Over Pump-And-Dump Facebook Ads

    A California federal judge signaled Thursday that two financial professionals are fighting an uphill battle to pursue their proposed class action alleging Meta illegally allowed scammers to impersonate them in ads to run so-called pump-and-dump investment schemes, calling Meta's arguments for tossing the suit "very compelling."

  • August 06, 2026

    Fintech Seeks OCC Trust Charter For Crypto Loan Servicing

    Zaria, a fintech startup that includes a former Manatt Phelps & Phillips LLP partner as an organizer, has applied for an Office of the Comptroller of the Currency charter to establish what it says is the first national trust bank to offer "digitally native" loan servicing.

  • August 06, 2026

    SEC Nets Win In Suit Over Ex-CEO's Alleged Revenue Scheme

    A Washington, D.C., federal judge on Thursday largely sided with the U.S. Securities and Exchange Commission in its civil enforcement case against the former CEO of RTI Surgical Holdings, finding he misled investors by failing to disclose that the surgical implant company regularly shipped orders early to artificially inflate its quarterly revenues.

  • August 06, 2026

    3 Firms Guide Reusable Spacecraft Maker's $380M SPAC Deal

    Orbital spacecraft maker Blackstar Orbital Technologies Corp. on Thursday unveiled plans to go public by merging with special purpose acquisition company Pono Capital Four Inc. in a deal that values it at $380 million and was built by three law firms.

  • August 06, 2026

    KPMG Must Face Beefed Up Investor Suit Over SVB Failure

    A California federal judge allowed Norway's central bank and a Swedish public pension fund to lodge an additional claim against KPMG in their proposed securities fraud class action over Silicon Valley Bank's 2023 failure, saying they sufficiently alleged KPMG ignored red flags as SVB's auditor.

  • August 06, 2026

    $219 Million TV Azteca Debt Arbitration Against Mexico Tossed

    Mexico has come out on top of a $219 million dispute with two U.S.-based investment funds after the International Centre for Settlement of Investment Disputes tossed their claims concerning a debt that a Mexican broadcaster defaulted on during the coronavirus pandemic.

  • August 06, 2026

    Goodwin, Covington Lead Braveheart Bio's $383M IPO

    Venture-backed biotechnology firm Braveheart Bio hit the public markets on Thursday after raising $383 million in its upsized initial public offering.

  • August 06, 2026

    No Simpson Thacher Malpractice In PIPE Case, Jury Finds

    Simpson Thacher & Bartlett LLP escaped a malpractice lawsuit late Thursday over its representation of Patriot National Inc. in a private investment in public equity transaction in the years before the company's downfall.

  • August 06, 2026

    Shein Eyes $40B Valuation Via Hong Kong IPO, More Rumors

    Fast-fashion company Shein is seeking a $40 billion valuation through its Hong Kong initial public offering, betting platform Polymarket is eyeing a new funding round that could value it at $20 billion and Cencora's MWI Animal Health merger with Covetrus faces regulatory scrutiny.

  • August 06, 2026

    Polymarket Adds Yankees To Sports Partnership Portfolio

    Polymarket announced Thursday that it had agreed to become the New York Yankees' official prediction market, partnering with an individual Major League Baseball franchise after signing an exclusive deal with MLB before this season.

  • August 06, 2026

    Telecom Co. Denied Coverage For $27M 'Bump-Up' Settlement

    Insurers do not owe coverage to a telecom company for a $27 million settlement with shareholders who said they were shorted in an acquisition, the Delaware Superior Court said, finding the settlement was a "bump-up" in shareholder consideration that was excluded under the company's directors and officers coverage.

  • August 06, 2026

    Fried Frank Adds Fund Finance Partner For NY Office

    Fried Frank Harris Shriver & Jacobson LLP has hired a former Akin Gump Strauss Hauer & Feld LLP fund finance partner for its New York office.

  • August 05, 2026

    3rd Circ. Backs Arbitrators' Change To Investment Fee Award

    The Third Circuit has upheld a doctrine under which arbitrators are barred from revisiting their prior decisions, in a dispute over the distribution of certain fees that resulted in a revised award expanding an asset manager's liability from $300,000 to nearly $7 million.

  • August 05, 2026

    AmTrust Investors Get Class Cert. Over Flawed BDO Audits

    A class of AmTrust investors who are suing audit firm BDO USA LLP over its work on the insurer's alleged troubled financial statements won certification in the long-running suit while Robbins Geller Rudman & Dowd LLP was named class counsel.

Expert Analysis

  • How Blockchain Could Streamline Real Estate Transactions

    Author Photo

    As U.S. real estate markets face pressure to adopt digital frameworks, blockchain technology offers a credible solution for consolidating execution, payment and recording into a single record, with a unified ledger potentially replacing fragmented processes with digitally authenticated events, say attorneys at King & Spalding.

  • Calif.'s Civility Push Shows Why Professionalism Is Vital

    Author Photo

    The California Bar’s campaign against discourteous behavior by attorneys, including a newly required annual civility oath, reflects a growing concern among states that professionalism in law needs shoring up — and recognizes that maintaining composure even when stressed is key to both succeeding professionally and maintaining faith in the legal system, says Lucy Wang at Hinshaw.

  • Should Prediction Markets Allow Trading On Nonpublic Info?

    Author Photo

    Recent trading activity, such as the Polymarket wager on the U.S. capture of Venezuelan President Nicolás Maduro, has raised questions about whether some participants may be engaging in trading that is based on material nonpublic information, and highlights ongoing uncertainty about how existing derivatives and anti-fraud rules apply to event-based contracts, say economic consultants at the Brattle Group.

  • Series

    Trivia Competition Makes Me A Better Lawyer

    Author Photo

    Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.

  • Coinbase Ruling Outlines Litigation Committee Conflict Risks

    Author Photo

    The Delaware Court of Chancery's recent rejection in Grabski v. Andreessen of a special litigation committee's motion to terminate or settle — its first such decision in over a decade — over conflict concerns highlights why the independence of SLC counsel matters just as much as that of committee members, says Joel Fleming at Equity Litigation Group.

  • Series

    Law School's Missed Lessons: What Cross-Selling Truly Takes

    Author Photo

    Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.

  • CFIUS Initiative May Smooth Way For Some Foreign Investors

    Author Photo

    A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.

  • When Tokenized Real-World Assets Collide With Real World

    Author Photo

    The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.

  • Series

    Judges On AI: Practical Use Cases In Chambers

    Author Photo

    U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.

  • Opinion

    Corporations Should Think Twice About Mandatory Arbitration

    Author Photo

    The U.S. Securities and Exchange Commission's recent acceptance of mandatory arbitration provisions in corporate charters and bylaws does not make them wise, as the current system of class actions still offers critical advantages for corporations, says Mohsen Manesh at the University of Oregon School of Law.

  • Series

    Trail Running Makes Me A Better Lawyer

    Author Photo

    Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.

  • Navigating New Risks Amid Altered Foreign Issuer Landscape

    Author Photo

    The U.S. Securities and Exchange Commission's potential rulemaking to redefine who qualifies as a foreign private issuer will shape securities regulation and enforcement for decades, affecting not only FPIs and U.S. investors but also the U.S.' position in global capital markets, says Elisha Kobre at Sheppard.

  • What Applicants Can Expect From Calif. Crypto License Law

    Author Photo

    With the July effective date for California's Digital Financial Assets Law fast approaching, now is a critical time for companies to prepare for licensure, application and coverage compliance ahead of this significant regulatory milestone that will reshape how digital asset businesses operate in California, say attorneys at MoFo.

  • Malpractice Claim Assignability Continues To Divide Courts

    Author Photo

    Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.

  • What Clarity Act Delay Reveals About US Crypto Regulation

    Author Photo

    The Senate Banking Committee's decision to delay markup of the Clarity Act, which would establish a comprehensive federal framework for digital assets, illuminates the political and structural obstacles that shape U.S. crypto regulation, despite years of bipartisan calls for regulatory clarity, says David Zaslowsky at Baker McKenzie.

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 Capital Markets archive.