Capital Markets

  • January 15, 2026

    SEC Taps Ex-BlackRock, GSA Atty To Be General Counsel

    The U.S. Securities and Exchange Commission announced Thursday a former BlackRock senior attorney and U.S. General Services Administration top lawyer will be its next general counsel, as the agency gets underway with a regulatory agenda that prioritizes easing administrative burdens and facilitating capital formation.

  • January 15, 2026

    Carlyle Among Bidders For Lukoil Assets, Plus More Rumors

    Private equity giant Carlyle is among a group of bidders reportedly looking to grab hold of $22 billion worth of Russia's Lukoil assets; Canadian oil and gas company Canadian Natural Resources is looking to acquire Tourmaline Oil Corp.'s $1 billion portfolio of natural gas properties; and Nvidia rival Cerebras eyes a $22 billion valuation after a planned $1 billion funding round.

  • January 15, 2026

    House OKs Restricting ESG Investment In 401(k) Plans

    The U.S. House of Representatives greenlighted a bill Thursday that would restrict how retirement plan managers can consider environmental, social and governance issues when picking investments, codifying a 2020 U.S. Department of Labor rule requiring a sole focus on financial risk factors.

  • January 15, 2026

    Chancery Won't Fast-Track Paramount's Bid For WB Info

    The Delaware Chancery Court on Thursday denied Paramount Skydance Corp.'s request for expedited proceedings in its disclosure suit against Warner Bros. Discovery Inc., ruling that Paramount failed to show it faced irreparable harm from alleged omissions tied to WBD's recommendation against Paramount's hostile tender offer.

  • January 14, 2026

    Monolithic Fights Investor Claims Over Nvidia Issues

    Power management parts maker Monolithic Power Systems Inc. wants out of an investor suit accusing it of hiding critical defects in power modules used by its largest customer, Nvidia Corp., arguing that the suit's "fraud-by-hindsight" claims are not actionable.

  • January 14, 2026

    Judge Asks If Execs 'Blindsided' Truist With Mass Exodus

    A North Carolina business judge on Wednesday repeatedly returned to whether three former executives who led Truist's real estate finance arm ever revealed to the bank that they were in "secret" talks to join a competitor and bring dozens of their colleagues with them, signaling he'd let a jury decide if the mass exodus is to blame for the business's alleged losses.

  • January 14, 2026

    SEC Gets Mixed Marks On Handling Shareholder Proposals

    Shareholders, companies, directors and professional advisers generally have low to moderate satisfaction with how the U.S. Securities and Exchange Commission handles the shareholder proposal process, according to a wide-ranging report on proxy proposals released Wednesday.

  • January 14, 2026

    Wells Fargo Brass Gets 1st OK For 'Fake' Diversity Suit Deal

    A California federal judge has granted the first green light to a settlement reached between Wells Fargo investors and executives in a derivative suit claiming the bank's leadership failed to address the company's discriminatory lending practices and engaged in "fake" interviews with diverse candidates.

  • January 14, 2026

    SEC To Lean On Congress As Defense In High Court Case

    The U.S. Supreme Court is once again stepping into the debate over when the U.S. Securities and Exchange Commission can demand that alleged fraudsters give up ill-gotten gains, but this time the agency plans to argue a 2021 government spending bill should save it from further limits to its disgorgement powers.

  • January 14, 2026

    Senate Banking Committee Postpones Crypto Bill Markup

    The Senate Banking Committee on Wednesday night postponed a highly anticipated mark-up of a bill to regulate the cryptocurrency industry, hours after Coinbase CEO Brian Armstrong voiced his opposition to the latest draft, saying his firm would "rather have no bill than a bad bill."

  • January 14, 2026

    Oracle Sued By Pension Plan Over AI-Linked Debt Disclosures

    The Ohio Carpenters Pension Plan filed a proposed class action Wednesday in New York state court against Oracle, its founder Larry Ellison and other top brass, alleging the company failed to disclose that it would need to sell significant extra debt to fund its artificial intelligence buildout.

  • January 14, 2026

    Czech Co. Seeks $873M IPO On Defense Spending Wave

    Prague-based defense company Czechoslovak Group said Wednesday that it plans to raise some $873 million by listing on Euronext Amsterdam in the coming weeks in an initial public offering following rising defense spending from European and NATO governments.

  • January 14, 2026

    2nd Circ. Suspects Forum Shopping In Credit Suisse Suit

    Two Second Circuit judges Wednesday sounded inclined to uphold the dismissal of a breach of duty claim against Credit Suisse and others tied to its auditing firm, with one saying the decision to bring the stock-plunge case in New York "almost smacks of forum shopping."

  • January 14, 2026

    MoFo Taps Ex-FTX GC, Associate Counsel As Fintech Partners

    The former top lawyer and another former in-house counsel at imploded cryptocurrency exchange FTX have joined Morrison Foerster LLP as partners in its financial services and fintech industry groups, the firm announced on Wednesday.

  • January 13, 2026

    Sen. Crypto Bill Tees Up DeFi, Stablecoin Yield For Key Hearing

    The Senate Banking Committee's latest proposal to regulate crypto markets takes on issues like decentralized finance, stablecoin interest and customer protections not addressed in previous versions, but experts said the text is far from final and much is to be hammered out at a key hearing this week.

  • January 13, 2026

    CrowdStrike Beats Investor Fraud Suit Over 2024 Outage

    A Texas federal judge has tossed a shareholder suit against CrowdStrike Holdings Inc. over its massive 2024 outage that downed computers worldwide, finding the plaintiffs failed to adequately plead any misleading statements about steps the cybersecurity company was taking to prevent such a system crash.

  • January 13, 2026

    Old Glory Bank Plans Nasdaq Debut With SPAC Deal

    Old Glory Bank, a crypto-friendly lender led by several allies of President Donald Trump and former administration officials, announced Tuesday that it plans to merge with special purpose acquisition company Digital Asset Acquisition Corp. to create a Texas-based corporation named OGB Financial Co.

  • January 13, 2026

    KuCoin, Chainalysis Beat RICO Suit Over Hack Proceeds

    The cryptocurrency exchange KuCoin and its blockchain analysis contractor no longer face proposed class action claims they turned a blind eye to money laundering on the platform, though a Manhattan federal judge found one of the alleged hack victims could revise certain claims against KuCoin.

  • January 13, 2026

    SEC's Atkins Launches Review Of Corporate Disclosures Reg

    U.S. Securities and Exchange Commission Chair Paul Atkins said Tuesday he has directed the Division of Corporation Finance to review the agency's broad regulation covering what qualitative information public companies should disclose in regulatory filings.

  • January 13, 2026

    CoreWeave Hid Data Center Delays, Investors Say

    Artificial intelligence "hyperscaler" CoreWeave Inc. has been hit with a proposed shareholder class action accusing the company of misleading investors on its capacity to handle consumer demand and data center building delays following its initial public offering last year.

  • January 13, 2026

    DiDi, Investors Can Notify Class Of Proposed $740M Deal

    A proposed $740 million settlement between Chinese ride-hailing app DiDi and its investors has moved forward after a New York federal judge approved a notice to class members and scheduled a settlement hearing over the plan to resolve shareholder claims the company hid enterprise-threatening regulatory risks during its 2021 initial public offering.

  • January 13, 2026

    Spencer Fane Atty's Advice Challenged In $5M Poaching Suit

    In a $5 million lawsuit over a Connecticut financial adviser's exit, Wealth Enhancement Group LLC on Tuesday challenged a Spencer Fane LLP partner's belief that regulatory and professional ethics rules require both advisers and their former investment firms to contact clients when advisers switch employers.

  • January 13, 2026

    Insurer Didn't Owe Defense To Telecom Co. In Merger Row

    An insurer had no duty to defend a telecommunications company sued by a former board member in connection with a 2014 merger, a Wyoming federal court ruled, saying the suit is a single claim under its directors and officers policy and therefore falls under an "insured versus insured" exclusion.

  • January 13, 2026

    Medical Device Co. Faces New Derivative Suit In Delaware

    A stockholder of digital health equipment business Butterfly Network Inc. launched a derivative suit in Delaware's Court of Chancery on Tuesday, seeking recovery for the company of "many millions" tied to allegedly misleading disclosures ahead of a special purpose acquisition company take-public merger in 2021.

  • January 13, 2026

    2 Firms Advise On US Bancorp's Up To $1B BTIG Deal

    Sullivan & Cromwell LLP is advising U.S. Bancorp on its up to $1 billion agreement to acquire Kirkland & Ellis LLP-advised financial services firm BTIG LLC, U.S. Bancorp announced Tuesday.

Expert Analysis

  • Series

    Nature Photography Makes Me A Better Lawyer

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    Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.

  • 2025 Brought A New Paradigm For Federal Banking Regulation

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    A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.

  • Series

    Law School's Missed Lessons: Practical Problem Solving

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    Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.

  • Crypto In 2025: From Federal Deregulation To State Action

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    The cryptocurrency enforcement landscape evolved in 2025, marked by federal deregulatory trends and active state attorney general enforcement, creating both opportunity and risk for businesses navigating the digital asset market, say attorneys at Cozen O'Connor.

  • How CFTC Enforcement Shifted In 2025 And What's Next

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    The U.S. Commodity Futures Trading Commission pivoted sharply under acting Chairman Caroline Pham in 2025, resulting in a pared-back enforcement docket, sweeping policy changes intended to provide greater transparency, and a renewed focus on fraud prevention and maintaining market integrity for the CFTC's core markets, say attorneys at Moore & Van Allen.

  • Opinion

    A Uniform Federal Rule Would Curb Gen AI Missteps In Court

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    To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.

  • 9th Circ. Ruling Clarifies Auditor Liability For IPO Errors

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    The Ninth Circuit's recent decision in Hunt v. PricewaterhouseCoopers elucidates the legal standard for claims against auditors in connection with a company's initial public offering, confirming that audit opinions are subjective and becoming the first circuit to review this precise question since the U.S. Supreme Court's 2015 Omnicare ruling, say attorneys at Morgan Lewis.

  • Series

    The Law Firm Merger Diaries: Integrating Practice Groups

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    Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.

  • The Tricky Issues Underscoring Prediction Market Regulation

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    Prediction markets are not merely testing the boundaries of commodities law — they are challenging the conventional divisions between gambling regulation and financial market oversight, and in doing so, may reshape both, says Braeden Anderson at Gesmer Updegrove.

  • Opinion

    Supreme Court Term Limits Would Carry Hidden Risk

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    While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • The SEC Whistleblower Program A Year Into 2nd Trump Admin

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    The U.S. Securities and Exchange Commission's whistleblower program continues to operate as designed, but its internal cadence, scrutiny of claims and operational structure reflect a period of recalibration, with precision mattering more than ever, say attorneys Scott Silver and David Chase.

  • Key Crypto Class Action Trends And Rulings In 2025

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    As the law continued to take shape in the growing area of crypto-assets, this year saw a jump in crypto class action litigation, including noteworthy decisions on motions to compel arbitration and class certification, according to Justin Donoho at Duane Morris.

  • How New SEC Policies Shift Shareholder Proposal Landscape

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    U.S. Securities and Exchange Commission Chairman Paul Atkins' recent remarks provide a road map for public companies to exclude nonbinding shareholder proposals from proxy materials, which would disrupt the mechanism that has traditionally defined how shareholders and companies engage on governance matters, say attorneys at Gunderson.

  • Series

    Knitting Makes Me A Better Lawyer

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    Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.

  • Series

    The Biz Court Digest: Welcome To Miami

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    After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.

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