Six firms will guide eight companies planning initial public offerings projected to raise more than $3.5 billion during the week of March 26, representing a significant upturn in IPO activity, led by an estimated $2.3 billion deal by a Chinese streaming giant often compared to Netflix.
The U.S. Supreme Court on Monday is slated to consider whether its own doctrine should allow plaintiffs in certain instances to file new class actions after the deadline to do so has passed, an idea that some lawyers say may face a chilly reception from the bench.
A record $83 million SEC whistleblower award has heightened concerns raised by a recent Supreme Court ruling that workers will increasingly forgo internal complaints and go directly to the SEC, a potentially harmful dynamic for U.S. companies and their shareholders, legal experts say.
Bank of America Merrill Lynch will pay a $42 million penalty after admitting to having misled institutional clients about how their stock orders were being handled, New York Attorney General Eric Schneiderman said on Friday.
In this week’s Taxation With Representation, TPG bought $2.66 billion in oil and gas assets from EverVest, Fidelity snapped up Stewart Information Services for $1.2 billion, and Campbell priced a $5.3 billion senior notes offering to finance its Snyder’s-Lance acquisition.
An English appeals court's recent decision dismissing a former Barclays trader’s bid to overturn a conviction for Libor-rigging bodes ill for similar appeals in connected cases that look to build arguments on a prosecution witness whose mistakes caused an “embarrassing debacle” for the Serious Fraud Office.
Breitburn Energy Partners LP on Friday overcame a final hurdle in its lengthy quest to reorganize in bankruptcy, receiving court approval of a modified Chapter 11 plan after bumping up the levels of recovery for retail bondholders and other unsecured creditors.
With the ink on the U.S. Supreme Court's decision in Cyan v. Beaver County barely dry, the plaintiffs bar is comfortably in the Section 11 saddle. They won. But history suggests that this may be victory of a battle, not the war, say Boris Feldman and Ignacio Salceda of Wilson Sonsini Goodrich & Rosati PC.
Despite the current cryptocurrency fervor, it remains to be seen exactly how, and how quickly, blockchain technology will be adopted by the broader corporate community, and whether Delaware will continue to lead the charge, say attorneys with Jenner & Block LLP.
For those structured as corporations, the decrease in the maximum corporate tax rate and the repeal of the corporate alternative minimum tax offer good news. But since many law firms are organized as pass-through entities, several limitations on deductions mean they won’t see as much benefit from the new tax law as some other industries, says Evan Morgan of CPA and advisory firm Kaufman Rossin PA.
A Manhattan federal judge has signed off on a $3.1 million deal to end a proposed class action brought by three female lawyers alleging that Chadbourne & Parke LLP, which merged with Norton Rose Fulbright LLP last year, systematically underpaid women.
The Senate has approved of sending Fifth Circuit Judge Edward C. Prado to Argentina as President Donald Trump’s ambassador there, ending his 35-year career as a federal judge.
Barbri Inc. joined a chorus of law schools in urging the Second Circuit not to revive a rival’s antitrust and racketeering claims, which allege that Barbri and the schools conspired to stifle competition for bar exam preparation, arguing Thursday LLM Bar Exam LLC hadn’t plausibly alleged a monopoly existed.
President Donald Trump said he will likely nominate the solo practitioner who took on UPS in a pregnancy discrimination case that went all the way to the U.S. Supreme Court as general counsel of the U.S. Equal Employment Opportunity Commission, and female general counsels shared with Law360 how they're transforming their legal departments and other women's professional lives. These are some of the stories in corporate legal news you may have missed in the past week.
On the latest episode of Law360's Pro Say podcast, we share the inside story of Latham & Watkins Chair Bill Voge's resignation after revelations that he'd engaged in a pattern of reckless behavior. We also discuss a controversial copyright ruling over the song "Blurred Lines," the legal blowback Facebook will face over the Cambridge Analytica scandal, and Lindsay Lohan’s new gig for a lawyer referral site.