Skadden, Morgan Lewis Shape Private Stock Trading JV

Law360 (July 20, 2021, 7:42 PM EDT) -- The Nasdaq and a group of major banks said Tuesday they're creating a platform to trade the stock of private companies in a joint venture guided by Skadden Arps Slate Meagher & Flom LLP and Morgan Lewis & Bockius LLP.

Working with SVB Financial Group, Citi, Goldman Sachs and Morgan Stanley, the Nasdaq Private Market is being spun out to be part of a new, independent company that will be a trading place facilitating private stock transactions for issuers, brokers and shareholders, according to a joint statement.

"The private markets are anything but standard and have become more diverse than ever,"...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!