Capital Markets

  • June 11, 2026

    Cancer Diagnostics Firm Ignite Inks $150M SPAC Merger

    Precision oncology startup Ignite Proteomics LLC will merge with special purpose acquisition company Copley Acquisition Corp. in a deal valuing Ignite at a pro forma enterprise value of $150 million, the companies announced Thursday.

  • June 11, 2026

    Lawmakers Reintroduce Bill To Rein In Big Tech Platforms

    Lawmakers reintroduced legislation in the U.S. Senate on Thursday that would impose new rules on large technology platforms, barring them from blocking competition and undermining rivals by giving their own products and services an unfair advantage.

  • June 11, 2026

    3 Firms Guide AI Power Provider ZincFive's $752M SPAC Deal

    ZincFive, a company providing nickel-zinc batteries for data center and artificial intelligence markets, said Thursday it will go public using a special purpose acquisition company merger valuing the enterprise at $752 million, advised by Cooley LLP, Wilson Sonsini Goodrich & Rosati PC and Latham & Watkins LLP.

  • June 11, 2026

    Justices Curb Private Lawsuits Against Investment Funds

    The U.S. Supreme Court on Thursday said that private parties do not have the right to void contracts that allegedly violate the Investment Company Act absent some other legal dispute, issuing a ruling that limits the types of lawsuits that can be brought under the ICA.

  • June 10, 2026

    Gemini Wants In On CFTC's Prediction Market Battle With NY

    Gemini on Wednesday took steps to join the Commodity Futures Trading Commission's prediction market battle with New York regulators, seeking to back the agency's jurisdiction as the platform fends off a separate New York enforcement suit targeting certain sports and election markets as illegal gambling.

  • June 10, 2026

    Rakoff Frees Big Banks From Investors' Tricolor Fraud Suit

    U.S. District Judge Jed Rakoff in the Southern District of New York on Wednesday threw out an investor suit accusing JPMorgan, Barclays and Fifth Third of facilitating a sprawling alleged fraud by Tricolor Holdings, the bankrupt subprime auto lender.

  • June 10, 2026

    CFTC Plans To OK Sports Betting On Prediction Markets

    The U.S. Commodity Futures Trading Commission proposed a rule Wednesday that could govern the way the agency oversees the prediction markets, indicating that trading platforms will be allowed to continue accepting bets on the outcome of professional and college-level sports.

  • June 10, 2026

    Goodwin, Covington Lead Parabilis' $670M Upsized IPO

    Venture-backed biotechnology firm Parabilis Medicines hit the public markets Wednesday after raising $670 million in its upsized initial public offering.

  • June 10, 2026

    Warren Asks SEC To Delay SpaceX IPO Over 'Troubling' Risks

    U.S. Sen. Elizabeth Warren called on the U.S. Securities and Exchange Commission to delay SpaceX's anticipated $75 billion initial public offering until steps are taken to protect investors and market integrity, expressing concerns that the company's books contain "troubling gaps," and the IPO poses "unique and precedent-setting" risk.

  • June 10, 2026

    5 Firms Guide AI Startup Robseek's $1B SPAC Merger

    Robseek Intelligence Inc. has agreed to go public through a merger with blank-check company QuasarEdge Acquisition Corp. in a deal valuing the AI company at about $1 billion pre-money equity, with five law firms advising across the U.S., China and offshore jurisdictions. 

  • June 10, 2026

    Gibson Dunn Leads Data Center Power Provider's $600M IPO

    Houston, Texas-based ERock, which supplies natural gas power systems to data centers, began trading Wednesday after raising $600 million at the midpoint of its range with Gibson Dunn & Crutcher LLP and Davis Polk & Wardwell LLP advising.

  • June 10, 2026

    Tenn. Remittance Tax Is Unconstitutional, Fintech Group Says

    A top fintech industry organization sued Wednesday to block an impending new Tennessee tax on outgoing international money transfers, challenging what the trade group contends is an unconstitutional toll on the billions of dollars sent abroad from the state each year.

  • June 10, 2026

    Figure, Sixth Street Team Up On $717M Kiavi Mortgage Deal

    Figure Technology Solutions said Wednesday it is acquiring residential real estate lender Kiavi in a $717 million deal that pairs a blockchain-native capital markets platform with an AI-driven mortgage origination engine, with the backing of private credit firm Sixth Street and three law firms advising. 

  • June 09, 2026

    Crystallex Warns Of Delay Tactic In Citgo Sale Appeal

    Defunct Canadian miner Crystallex on Friday urged the Third Circuit to order Venezuela's counsel to prove its authority as the country challenges an order greenlighting the nearly $6 billion sale of Citgo to satisfy billions of dollars of its debt, pointing to the new administration of Delcy Rodriguez.

  • June 09, 2026

    Kalshi To Start Requiring Employer Info For Certain Markets

    Prediction market platform Kalshi Inc. announced on Tuesday that it will start requiring users to verify their employer before they can trade on certain markets, and will further implement features allowing users to directly report suspicious trading activity.

  • June 09, 2026

    NY Floats Rule To Align Its Stablecoin Regs With Genius Act

    New York's Department of Financial Services on Tuesday proposed regulations to ensure its existing stablecoin framework aligns with the U.S. Treasury Department's coming requirements for state regimes under the federal law governing stable-value tokens.

  • June 09, 2026

    FDIC's Hill Eyes Resolution Planning, Assessment Changes

    Federal Deposit Insurance Corp. Chairman Travis Hill said Tuesday that his agency will seek to dial back its living-will requirements for large banks and recalibrate how it charges for deposit insurance, part of a broader push to rethink the agency's approach to handling bank failures.

  • June 09, 2026

    OCC Says Fidelity's Crypto Bank Doesn't Need State Licenses

    The Office of the Comptroller of the Currency on Tuesday told Fidelity's crypto-focused trust bank that it can operate nationwide without state money transmitter licenses, taking the firm's side in a licensing dispute with Iowa following its conversion to a national trust charter.

  • June 09, 2026

    Latham, V&E Lead WhiteHawk Minerals' Upsized $200M IPO

    Natural gas mineral and royalty interests company WhiteHawk Income Corp. began trading publicly Tuesday after raising $200 million in its upsized initial public offering.

  • June 09, 2026

    SEC Flags Improper Investment Adviser Conflict Disclosures

    U.S. Securities and Exchange Commission examiners Tuesday urged investment advisers to ensure they are properly disclosing economic conflicts of interest to clients, warning that exams staff have identified undisclosed conflicts and incomplete or misleading disclosures.

  • June 09, 2026

    Investor Says Vikasa Still Owes $1.15M For Settlement

    A California investor has sued in the Delaware Chancery Court seeking to enforce a settlement with investment firm Vikasa Capital Inc., claiming the company paid only a fraction of the $1.25 million it agreed to pay to resolve claims that it fraudulently induced a $5 million investment through misrepresentations and doctored corporate records.

  • June 09, 2026

    Texas Appeals Court Reinstates $439M Infrastructure Bonds

    A split Texas appeals court on Tuesday permitted a fast-growing Texas county near Austin to proceed with $439 million worth of infrastructure projects, dealing a setback to a group of county residents who claimed the election approving the bonds was invalid.

  • June 09, 2026

    Wash. Man Gets 5 Years For $100M Oil Investor Crypto Con

    A Washington man was sentenced to five years in prison by a federal judge on Tuesday stemming from a scheme where he conned unwitting victims out of nearly $100 million after falsely promising them their funds would go toward oil and gas investments, and routing them to cryptocurrency wallets instead. 

  • June 09, 2026

    PCAOB Eyes Rollbacks Of Biden-Era Quality Control Rules

    The Public Company Accounting Oversight Board on Tuesday put forth a proposal that would rescind some quality control standards adopted in 2024, including a requirement that the largest public company auditors employ an outside expert to evaluate the effectiveness of their quality control systems.

  • June 09, 2026

    SPAR Board Hit With $22M Insider Control Suit In Chancery

    A SPAR Group Inc. stockholder has filed a derivative lawsuit in the Delaware Chancery Court accusing several current and former directors and officers of orchestrating a yearslong scheme to maintain control of the company's board, enrich insiders and approve conflicted transactions that allegedly cost the company $22 million.

Expert Analysis

  • 4 Ways GCs Can Manage Growing Service Of Process Volume

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    As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

  • SDNY Atty Signals Return To Private Fund Valuation Scrutiny

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    Recent remarks by the U.S. Attorney for the Southern District of New York — hinting that regulators are renewing their focus on private fund advisers who overvalue portfolio assets to drive up investor fees — should prompt firms to review their valuation methodologies and address potential conflicts of interest now, say attorneys at Debevoise.

  • IP Appellate Decisions Show 4 Shifts In 2025

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    In 2025, intellectual property decisions issued by the Ninth, D.C., and Federal Circuits trended toward tightening doctrinal boundaries, whether to account for technological developments in existing legal regimes, or to refine areas with some ambiguity, says Nate Sabri at Perkins Coie.

  • Series

    The Law Firm Merger Diaries: Forming Measurable Ties

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    Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.

  • OFAC Sanctions Will Intensify Amid Global Tensions In 2026

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    The Office of Foreign Assets Control will ramp up its targeting of companies in the private equity, venture capital, real estate and legal markets in 2026, in keeping with the aggressive foreign policy approach embraced by the Trump administration in 2025, say attorneys at Holland & Knight.

  • Del. Dispatch: What Tesla Decision Means For Exec Comp

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    The recent Delaware Supreme Court decision granting Tesla CEO Elon Musk his full pay, now valued at $139 billion, following a yearslong battle appears to reject the view that supersized compensation may be inherently unfair to a corporation and its shareholders, say attorneys at Fried Frank.

  • Wis. Sanctions Order May Shake Up Securities Class Actions

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    A Wisconsin federal court’s recent decision to impose sanctions on a plaintiffs law firm for filing a frivolous Private Securities Litigation Reform Act complaint in Toft v. Harbor Diversified may cause both plaintiffs and defendants law firms to reconsider certain customary practices in securities class actions, says Jonathan Richman at Brown Rudnick.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • Where States Jumped In When SEC Stepped Back In 2025

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    The state regulators that picked up the slack when the U.S. Securities and Exchange Commission scaled back enforcement last year should not be underestimated as they continue to aggressively police areas where the SEC has lost interest and probe industries where SEC leadership has actively declined to intervene, say attorneys at Morgan Lewis.

  • What's On Deck In Tribal Nations' Prediction Markets Litigation

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    Native American tribes' response to the expansion of sports-based prediction markets enters a decisive phase this year, with appellate courts positioned to address whether federal commodities law permits nationwide offering of sports-based event contracts free from state and tribal gaming regulation, say attorneys at Holland & Knight.

  • SEC Virtu Deal Previews Risks Of Nonpublic Info In AI Models

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    The U.S. Securities and Exchange Commission’s recent settlement with Virtu Financial Inc. over alleged failures to safeguard customer data raises broader questions about how traditional enforcement frameworks may apply when material nonpublic information is embedded into artificial intelligence trading systems, says Braeden Anderson at Gesmer Updegrove.

  • Series

    Judges On AI: How Courts Can Boost Access To Justice

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    Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Targeted Action, Rule Tweaks Reflect 2025 AML Priority Shifts

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    Though 2025’s anti-money-laundering landscape was characterized not by volume of penalties but by the strategic recalibration of how illicit finance risk is handled, a series of targeted enforcement actions signaled that regulators aren't easing off the accelerator, even as they refine the rules of the road, say attorneys at MoFo.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

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