Managers of Wealth Americas

SEC takes first steps to put in force the Holding Foreign Companies Accountable Act

But disclosure requirements will not be triggered until SEC identifies affected companies, and SEC is not yet addressing the mandated trading prohibitions

SPACs: the M&A craze that shows no sign of slowing

Bubble or not, there are currently more than 400 US SPACs looking for targets

Hogan Lovells launches Corporate & Finance Legal Service Center in Louisville

The LSC currently has a team of five dedicated to providing legal services related to corporate and finance matters.

Bond investors face baffling $2 trillion rainbow of ethical debt

That’s set to change as a market now worth over $2 trillion develops rapidly, and as financial engineers create new ways to brand such debt.

US Federal Reserve Announces New Climate Committee and Provides More Guidance on Its Approach to Addressing Climate Change Risks

The FSCC’s focus on financial stability constitutes the second pillar of the FRB’s climate change framework.

Ray Dalio: The government ‘outlawing bitcoin is a good probability’

Bitcoin, the largest cryptocurrency in terms of market value, has “proven itself” as its blockchain hasn’t been hacked and it has a large following.

SEC ESG Subcommittee panel debates framework for mandatory disclosures

Before the panel convened, each SEC Commissioner highlighted concerns about the existing disclosure framework and calls to revamp the framework to address ESG matters.

1MDB Case Hits Setback as Judge Rules Against U.S. Justice Department

U.S., Malaysia argue Petrosaudi funds tied to money-laundering

Legislating LIBOR: New York State Poised to Enact LIBOR Transition Assistance Law to Facilitate “Tough Legacy” Contract Transition

The ARRC acknowledged this important development in a related press release, describing the legislation as “crucial in minimizing legal uncertainty and adverse economic impacts associated with the transition.”

Partner Sebastian Fain recognized as a 2021 Dealmaker of the Year by The American Lawyer

Summing things up, Sebastian also said, “The joy of being an M&A lawyer is that you are the quarterback for the entire process.”

Proposed new responsible lending laws pass the House of Representatives

The Committee received 112 submissions.

Wells Fargo Enters Agreement with Computershare to Sell Wells Fargo Corporate Trust Services

With decades of experience and 2,300 clients across North America in a variety of industries, Computershare brings a long-term commitment to the business

Citi, BNY Mellon earn top grades for pay gap disclosures

Their reports have generally shown that women make at least 99% what men do when they share the same title.

Coinbase slapped with $6.5 million fine by CFTC

According to the order, between January 2015 and September 2018, Coinbase recklessly delivered false, misleading, or inaccurate reports concerning transactions in digital assets

SEC Charges Owner of Real Estate Investment Company with Defrauding Investors

“As alleged in the complaint, Levine repeatedly lied to investors in this close knit community to fraudulently secure millions of dollars in investments,”

Latham & Watkins Advises Underwriters in the Duckhorn Portfolio, Inc.'s IPO

Latham & Watkins LLP represents the underwriters in the offering with a capital markets team led by New York Partners Marc Jaffe and Ian Schuman

New York Court Reinstates SIBOR Manipulation Lawsuit

The case is being reinstated to allow Fund Liquidation Holdings LLC to pursue claims against 18 banks on behalf of two defunct funds that initially launched the lawsuit.

Private client considerations: understanding the impact of carried interest regulations on US family partnerships and family offices

Carried interest arrangements are widely used to reward key investment professionals for positive growth in the value of investments.

Linklaters advises BC Partners on its investment in Davies

The Linklaters team was led by Partner Ben Rodham with Lauren Bretton

SEC makes clear an ESG disclosure framework is coming and opens comment period on potential climate change disclosures

Beyond climate issues, Lee also made clear in her statements that, moving forward, the SEC will focus on the broader implications of ESG

Legal, Regulation & Compliance