Capital Markets

  • August 31, 2026

    Rising Star: Cooley's Denny Won

    Denny Won of Cooley LLP advised the underwriters for StubHub, a leading secondary ticketing marketplace for live events, on its $800 million initial public offering — a complex transaction that involved extensive SEC engagement — earning him a spot among the capital markets law practitioners honored by Law360 as Rising Stars.

  • August 31, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week saw disputes over a $200 million federal grant, a $1.7 billion software take-private deal, the ouster of Better.com founder Vishal Garg and a proposed $4 million settlement stemming from an electric vehicle company's SPAC merger.

  • August 28, 2026

    CFTC Can't Withhold Records In Chicago Exchange's Perps Suit

    A D.C. federal judge has ruled that the Commodity Futures Trading Commission cannot avoid handing over administrative records discussing approval of Kalshi's bitcoin perpetuals contract to the court, in a suit brought by a CME Group subsidiary challenging the agency's approval.

  • August 28, 2026

    Fintechs Back 24/7 Futures Trading As Energy Producers Balk

    Commodity and energy producers cautioned the U.S. Commodity Futures Trading Commission against enabling round-the-clock trading and perpetual contracts on the energy industry, while many trading platforms told the agency that they believe they can mitigate the risks that come with extended trading hours.

  • August 28, 2026

    Md. Pot Co. Evermore Faces Bid To Confirm $1.98M Award

    A California-based capital advisory firm is urging a state court to enforce a $1.98 million arbitration award it scored against Evermore Cannabis Company, which was found to have intentionally dodged fees it promised to pay the firm as part of a contract that helped the marijuana cultivator secure loans.

  • August 28, 2026

    OCC Sends Final Stablecoin Rules For White House Sign-Off

    The Office of the Comptroller of the Currency has sent its final rule establishing standards for stablecoin issuers under its supervision to the White House in the latest step toward implementing last year's landmark stablecoin law known as the Genius Act, following comments from Comptroller Jonathan Gould that the agency plans to issue the oversight rule by November.

  • August 28, 2026

    Don't Miss It: Kirkland, Latham Steer Latest Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals.

  • August 28, 2026

    SEC Plans To Grant CFTC Oversight Of EU Debt Futures

    The U.S. Securities and Exchange Commission is proposing a regulation that could make it easier for U.S.-based traders to bet on the future of European Union debt obligations by promising to place the oversight of such trades under the exclusive jurisdiction of the U.S. Commodity Futures Trading Commission.

  • August 28, 2026

    Insurance Tech SPAC Investor Wins Fight To Resell 5M Shares

    The Delaware Chancery Court has handed asset manager Meteora Capital Partners LP a summary judgment win in its contract fight with auto insurance technology company Roadzen Inc., finding Roadzen breached a 2023 stock subscription agreement by failing to register shares and later failing to remove restrictions that kept Meteora from reselling them.

  • August 28, 2026

    9th Circ. Rules Against Kalshi In Sports Wager Circuit Split

    The Ninth Circuit on Friday backed a Nevada federal court decision that cleared the way for the state's gambling regulators to pursue Kalshi's sports offerings, creating a circuit split in the sprawling litigation over prediction market regulation.

  • August 28, 2026

    Financial Firm's $1.4M Asset Hold Against Adviser Upheld

    A Connecticut appeals court Friday said a financial services firm properly secured a nearly $1.4 million asset hold against an adviser, agreeing the company showed a likelihood of proving during underlying Financial Industry Regulatory Authority arbitration that the adviser siphoned customers when transitioning to a new broker-dealer.

  • August 28, 2026

    Ex-Better CEO Sues Over Ouster, Shareholder Rights

    The recently ousted CEO of mortgage and real estate company Better.com has sued the company and several directors in Delaware's Chancery Court seeking to invalidate a shareholder plan he claims interferes with stockholder voting rights.

  • August 28, 2026

    Cooley Adds Goodwin Capital Markets Atty In San Francisco

    Cooley LLP has expanded its ability to serve late-stage private companies, public companies and investment banks by hiring a new capital markets partner for its San Francisco office from Goodwin Procter LLP.

  • August 28, 2026

    Rising Star: Morgan Lewis' Rahul K. Patel

    Rahul Patel of Morgan Lewis & Bockius LLP had to navigate complex geopolitical and regulatory issues when representing the special purpose acquisition company that took Ukraine's largest telecommunications operator public through a more than $2.1 billion de-SPAC merger amid an active war, earning him a spot among the capital markets law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 28, 2026

    Element, Solstice Kill $14.5B Deal, Citing Shareholder Views

    Solstice Advanced Materials Inc. and Element Solutions Inc. have terminated the early July deal that would have seen Solstice acquire Element for $14.5 billion in an effort to bolster its capabilities to serve the data center and semiconductor manufacturing industries.

  • August 27, 2026

    OCC, FDIC Raise Bar For Examiners To Criticize Banks

    Federal banking regulators moved Thursday to rein in their use of supervisory warnings and enforcement actions, rolling out new standards that they said will focus examiner attention on material financial risks rather than process and documentation concerns.

  • August 27, 2026

    Binance.US Beats Sherman Claims, Rest Sent To Arbitration

    Cryptocurrency exchange Binance.US and a digital asset market data website have beaten for good antitrust claims in a proposed class action accusing them of working together to suppress a cryptocurrency's value by misstating its ranking, but Binance must face other claims in arbitration.

  • August 27, 2026

    EV-Maker SPAC Investors Reach $4M Chancery Settlement

    Former stockholders of the special purpose acquisition company that took electric vehicle manufacturer Lion Electric public have agreed to a $4 million cash settlement with seven individuals who served as Northern Genesis Acquisition Corp. directors, officers or alleged controllers to end Delaware Chancery Court claims over the 2021 deal.

  • August 27, 2026

    Cannabis Exec Says Sheriff Initiative Wasn't Key To License

    The social equity chief of cannabis company Ascend Wellness Holdings testified Thursday that she faced no pressure to hold on to an allegedly critical partnership with a Massachusetts sheriff who is now on trial for extortion.

  • August 27, 2026

    First Financial Corp. Buying First Illinois In $111.3M Deal

    First Financial Corp. has agreed to buy First Illinois Corp., the parent company of Hickory Point Bank and Trust, for about $111.3 million in cash and stock, expanding the Indiana-based bank's presence in central Illinois, the companies said Thursday.

  • August 27, 2026

    Satellite Comms Biz To Go Public Via $1B SPAC Merger

    Satellite communications company Astrum Space Inc. on Thursday revealed plans to go public by merging with special purpose acquisition company Black Spade Acquisition III Co. in a deal that gives Astrum an equity value of roughly $1 billion.

  • August 27, 2026

    LGBCoin Defendant Says $75K Fee Bid In Suit Is Inflated

    The defendant who lost a default judgment earlier this month in favor of "Let's Go Brandon" meme coin investors has told a Florida federal judge that the plaintiffs' $75,000 fees request is too high.

  • August 27, 2026

    SEC Moves Closer To Curtailing Executive Pay Disclosures

    The U.S. Securities and Exchange Commission has moved one step closer to curtailing the amount of information that corporate executives must reveal about their pay, informing the White House that the agency could soon propose updated executive compensation regulations.

  • August 27, 2026

    Rising Star: Skadden's Victoria Hines

    Victoria Hines of Skadden Arps Slate Meagher & Flom LLP has advised on various multibillion-dollar capital markets transactions, including Meta Platforms' $30 billion senior notes offering that represented the largest bond offering by a tech company at the time, earning her a spot among the capital markets law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 27, 2026

    SoftBank Weighs Big Bet On Humanoid Maker, And More

    SoftBank is looking to acquire a majority stake in humanoid robotics developer 1X Technologies at a $6 billion valuation, investment bankers are shopping Warner Bros. Discovery assets around as Paramount Skydance seeks potential remedies in its effort to complete its $110 billion acquisition of the media company, and Vanguard Group is set to acquire fintech platform Altruist for around $4 billion.

Expert Analysis

  • Takeaways From 1st Del. Ruling Applying Moelis Amendments

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    Delaware corporations should carefully review contractual arrangements and governance documents following the Court of Chancery's recent enforcement of a non-Delaware forum selection clause in a CEO's employment agreement under 2024 amendments to the state's General Corporation Law, say attorneys at Morgan Lewis.

  • Ill. Law Firm MSO Bill Clashes With Court Power, Ethics Rules

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    An Illinois bill prohibiting law firms from certain business arrangements with management service organizations, sent to the governor for signature last week, encroaches upon the courts' constitutional powers and goes beyond the Illinois Rules of Professional Conduct in regulating investment in law-related services, says Matthew O’Hara at Smith Gambrell.

  • Assessing Issues The CFTC's Sports Betting Rules May Face

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    The U.S. Commodity Futures Trading Commission recently proposed a rule to consolidate its control of sports bets made on prediction market trading platforms, but problems may arise from possible conflicts between the proposed changes and state laws — and maybe even the Commodity Exchange Act itself, says David Slovick at Kopecky Schumacher.

  • Opinion

    State Courts Must Be Gatekeepers Of Expert Testimony

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    Based on my experience in the state judiciary, emulating federal courts' role as gatekeepers of expert witness testimony would help state court judges maintain the appearance of impartiality and assist juries, thus enhancing the overall confidence people have in their justice system, says Lorie Gildea at Greenberg Traurig.

  • Capitalizing On Increased Retail Access To Alternative Assets

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    The recent extension of co-investment relief to open-end funds represents the latest regulatory action aimed at providing retail investors with meaningful private market opportunities — a trend that means alternative asset managers should develop and deploy a retail strategy to capture this emerging capital source, say attorneys at Willkie.

  • Series

    Moshing Makes Me A Better Lawyer

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    Entering a mosh pit is much like entering the practice of law — it is difficult, you have to know both the written and unwritten rules, and conduct yourself according to the expectations of each community, says Christopher Deubert at Constangy Brooks.

  • Is The SEC Entering Fight Over Prediction Market Oversight?

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    The U.S. Securities and Exchange Commission had remained largely silent on prediction market regulation until last week, but that trend may be changing, as many event contracts could qualify as security-based swaps, which are subject to the SEC's oversight under current definitions, say attorneys at Bradley Arant.

  • Data Reveals Pivot In Feds' Financial Fraud Priorities

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    Recent Justice Department data shows fraud prosecutions fell to their lowest rate in a decade in 2025, illustrating a move away from traditional financial cases and toward a targeted mix of healthcare, government program, consumer and sanctions matters, say Paul Hinton and Adrienna Huffman at The Brattle Group.

  • Why Highly Specialized Experts May Risk Exclusion At Trial

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    Expert witnesses with highly specific areas of focus may be vulnerable to exclusion in court, making it important for attorneys to check how potential witnesses' qualifications can be bolstered by their publications and other professional activities, say Evan Weisberg and Christopher Cunio at Hunton, and Kevin Cahill at FTI Consulting.

  • FDIC Proposal Takes Bank-Like AML Approach To Stablecoins

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    Rather than craft a bespoke regime for stablecoin issuers, a recently proposed Federal Deposit Insurance Corp. rule builds a technology-neutral Bank Secrecy Act compliance framework under the Genius Act, firmly anchoring stablecoins within the U.S. financial regulatory perimeter, says David Zaslowsky at Baker McKenzie.

  • Justices' ICA Ruling Provides Certainty For Regulated Funds

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    The U.S. Supreme Court's recent ruling in FS Credit v. Saba that a contract-rescission provision of the Investment Company Act does not provide investors with a private right of action is a victory for the regulated fund industry, emphasizing that where Congress intended to create private remedies, it did so expressly, say attorneys at Simpson Thacher.

  • AI Heightens Old Compliance Risks For Investment Advisers

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    Though artificial intelligence offers genuine promise for investment advisers, it also magnifies long-standing risks — including those involving fiduciary duties, books and records, client confidentiality, and marketing — with most foundational compliance requirements likely to remain, says Theodore Edwards at Troutman.

  • Drawing A Line Between Settlement Pressure And Extortion

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    U.S. v. Luo, pending in the U.S. District Court for the Southern District of New York, may force courts to address anew when settlement negotiations become criminal extortion, particularly in the age of easily fabricated digital evidence, says attorney Denis Kiely.

  • Recent Cases Clarify When Risk Disclosures Trigger Liability

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    Several recent decisions highlight circumstances where risk disclosures can constitute actionable misrepresentations, providing clarity on how the Private Securities Litigation Reform Act's safe harbor and the common-law bespeaks caution doctrine apply to risk disclosures, and how publicly traded companies can guard against such claims, say attorneys at Katten.

  • Securities Class Cert., 5 Years After Goldman Ruling

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    The U.S. Supreme Court's 2021 decision in Goldman Sachs Group v. Arkansas Teacher Retirement System has not only armed defendants in securities cases with more arguments in individual class certification fights, but may also be providing greater certainty and finality in class certification battles, say attorneys at Skadden.

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