Law360: Asset Management /assetmanagement?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Asset Management Copyright 2025 ÃÛÌÒÊÓÆµ. en-US Fri, 25 Jul 2025 21:18:14 +0000 11th Circ. Overturns Funding Model For SEC Database /assetmanagement/articles/2369662?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369662 The Eleventh Circuit sent the U.S. Securities and Exchange Commission back to the drawing board on Friday to chart a path forward for its $500 million market surveillance tool, telling the regulator that it was unreasonable to potentially force broker-dealers to fund the entire project. Fri, 25 Jul 2025 19:49:11 +0000 3 Firms Guide Canadian REIT's $410M IPO /assetmanagement/articles/2369515?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369515 Go Residential Real Estate Investment Trust began trading Friday after the newly created Canadian REIT priced a $410 million initial public offering at $15 per trust unit. Fri, 25 Jul 2025 19:03:18 +0000 Texas PE Firm Claims 'Lone Star' Rival Stole Its Name, Logos /assetmanagement/articles/2369561?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369561 A private equity firm that manages the Lone Star Funds hit an upstart rival called Lone Star Capital with a trademark infringement lawsuit in Texas federal court Thursday, accusing the firm of intentionally ripping off its trademarks and logos amid its aggressive marketing blitz in an effort to dupe investors. Fri, 25 Jul 2025 17:44:54 +0000 Dentons Stalling Discovery In Terraform Ch. 11, Court Told /assetmanagement/articles/2369598?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369598 The bankruptcy plan administrator for failed cryptocurrency platform Terraform Labs has accused Dentons US LLP of blocking his discovery requests in an attempt to secure final approval of some $25 million in fees, saying the law firm is seeking to "run out the clock" to dodge an investigation into its role in Terraform's collapse. Fri, 25 Jul 2025 17:37:25 +0000 Latham-Led Strategy Raises $2.5B To Acquire More Bitcoin /assetmanagement/articles/2369634?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369634 Entrepreneur Michael Saylor's Strategy Inc., advised by Latham & Watkins LLP, on Friday priced yet another preferred stock offering that raised $2.5 billion in order to acquire bitcoin, a move that comes as the company has been ramping up its capital-raising efforts to stockpile the flagship cryptocurrency. Fri, 25 Jul 2025 17:02:59 +0000 Coinbase Accuses German Of Illegally Squatting On URL /assetmanagement/articles/2369418?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369418 A German man is wrongfully using an online URL to pose as the cryptocurrency exchange Coinbase and leveraging his ownership to get the company to buy the domain name at a high price, a new lawsuit in California federal court has alleged. Fri, 25 Jul 2025 16:42:08 +0000 Balancing The Promises And Perils Of Tokenizing Securities /assetmanagement/articles/2366876?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2366876 Tokenizing listed securities offers the promise of greater efficiency, accessibility and innovation, but a recent U.S. Securities and Exchange Commission statement makes clear that the federal securities laws continue to apply to tokenized securities, so financial institutions and technology developers must work together to create clear rules, say attorneys at Orrick. Fri, 25 Jul 2025 16:26:18 +0000 Feds Sell Fugitive Trader's $7M Mansion Decade After Charges /assetmanagement/articles/2369547?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369547 Massachusetts federal prosecutors said Friday that they have sold a $7.5 million mansion that belonged to a fugitive trader who was charged in 2015 with funneling $67 million in assets from his employer to himself. Fri, 25 Jul 2025 15:47:28 +0000 Ballard Spahr Atty To Co-Chair Buchalter State AG Group /assetmanagement/articles/2369550?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369550 Buchalter PC announced Thursday that it has hired a former Ballard Spahr LLP partner as a shareholder in its white collar and investigations group who will also co-chair its state attorneys general group. Fri, 25 Jul 2025 15:32:47 +0000 What To Watch As Attys Brace For 401(k) Private Equity Order /assetmanagement/articles/2369108?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369108 Benefits and asset management attorneys are anticipating an executive order from President Donald Trump aimed at expanding access to private equity investments in 401(k) plans, a potential move that's stoking excitement about added investment options and concerns about legal risks. Here are four things on experts' minds as they wait to see if the order materializes. Fri, 25 Jul 2025 15:26:46 +0000 A-Rod's $800M SPAC Merger With Lynk Global Is Scrapped /assetmanagement/articles/2369535?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369535 Satellite-to-phone business Lynk Global and special purpose acquisition company Slam Corp., which is backed by retired baseball slugger Alex Rodriguez, on Friday told regulators that they have mutually agreed to nix their $800 million merger that would have seen Lynk Global hit the public markets. Fri, 25 Jul 2025 14:59:00 +0000 CME Floor Traders Lose Membership Value Trial /assetmanagement/articles/2369098?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369098 An Illinois jury on Friday sided with CME Group Inc. in a suit brought by longtime commodities traders who claimed the company violated their contractual trading floor access and proximity rights by opening a data center that accommodates high-speed and algorithmic trading, rejecting their request for $2 billion in damages. Fri, 25 Jul 2025 14:05:28 +0000 Taxation With Representation: Weil, Freshfields, Linklaters /assetmanagement/articles/2369475?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369475 In this week's Taxation With Representation, CC Capital and One Investment Management acquire Insignia Financial Ltd., catering giant Compass Group PLC acquires Dutch food and hospitality company Vermaat Groep BV, drugmaker Sanofi acquires biotech company Vicebio, and The Ether Machine launches as a public company. Fri, 25 Jul 2025 13:19:10 +0000 Shoulder Innovations Primes $100M IPO Amid Medtech Surge /assetmanagement/articles/2369398?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369398 Venture-backed commercial-stage medical technology company Shoulder Innovations has launched plans for an estimated $100 million initial public offering, marking the latest in a string of medical technology companies making their public debuts over the past months. Thu, 24 Jul 2025 23:16:48 +0000 CME Facility Prioritizes Profit Over Promises, Traders Argue /assetmanagement/articles/2368987?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2368987 The Chicago Mercantile Exchange and Chicago Board of Trade prioritized profits over its contractual promises when it opened a facility to accommodate high-speed and algorithmic trading without keeping its access exclusive to longtime floor traders, the traders' counsel argued Thursday, asking an Illinois jury for more than $2 billion in damages.  Thu, 24 Jul 2025 21:32:36 +0000 Glass Lewis Sues Texas Over Proxy Advisory Restrictions Law /assetmanagement/articles/2369131?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369131 Proxy advisory firm Glass Lewis & Co. LLC sued Texas Attorney General Ken Paxton on Thursday over a recently passed state law that it argues requires the firm to "publicly condemn itself" when its advice for clients reflects certain viewpoints the government disfavors. Thu, 24 Jul 2025 20:09:43 +0000 Fiber Co. Tilson Sues Gigapower For Breach Of Contract /assetmanagement/articles/2369148?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369148 Fiber network developer Tilson Technology Management Inc. has filed a lawsuit in Texas against joint venture Gigapower LLC, alleging wrongful breach of contract tied to large-scale infrastructure projects that ultimately pushed Tilson into bankruptcy. Thu, 24 Jul 2025 17:07:13 +0000 Hedge Fund Founder Fights To Keep His Own Ch. 11 In Florida /assetmanagement/articles/2369005?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2369005 The founder of insolvent hedge fund Weiss Multi-Strategy Advisers has asked a New York bankruptcy judge to not transfer his personal bankruptcy case out of Florida, arguing that is where his primary residence is and that his firm's New York case is winding down. Thu, 24 Jul 2025 16:54:56 +0000 DC Council Sets Vote On Revised Commanders Stadium Deal /assetmanagement/articles/2368512?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2368512 The Washington, D.C., City Council will vote next Friday, Aug. 1, on a revised version of the proposal to build a stadium for the Washington Commanders at the site of its previous stadium, Council Chair Phil Mendelson announced Thursday. Thu, 24 Jul 2025 16:41:31 +0000 SEC, FINRA Obligations In Changing AI Regulatory Landscape /assetmanagement/articles/2366846?utm_source=rss&utm_medium=rss&utm_campaign=section /assetmanagement/articles/2366846 Despite the U.S. Securities and Exchange Commission's recent withdrawal of its proposed artificial intelligence conflict rules, financial regulators remain focused on firms developing the correct AI compliance framework, as well as continuously testing and supervising them to ensure they're fit for purpose, say attorneys at Cahill Gordon.