03/19/2021
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
Legal, Regulation & Compliance
03/19/2021
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.
03/17/2021
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.
03/17/2021
Linklaters advises BC Partners on its investment in Davies
The Linklaters team was led by Partner Ben Rodham with Lauren Bretton
03/17/2021
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
03/17/2021
Rumours of Hong Kong’s Death Have Been Greatly Exaggerated
The US went further still with the removal of Hong Kong’s separate status from China under certain provisions of US law.
03/16/2021
With Its Whistleblowing Directive, EU Charts a Different Course From U.S.
European authorities are seeking to set up a minimum standard for whistleblower rules across EU member states, but they don’t favor paying for tips—a key part of an SEC program widely seen as a success
03/16/2021
Global trends in merger control enforcement
This report highlights key trends and developments in 2020 global merger control activity, and looks ahead at what to expect in 2021.
03/16/2021
The world's largest law firm announces combination with elite Bolivian law firm
Dentons' combination with Guevara & Gutierrez would further strengthen Dentons’ position as the only pan-Latin American and the Caribbean law firm and would position Dentons as the only global law firm in Bolivia.
03/14/2021
Whistle-Blower Says Credit Suisse Helped Clients Skip Taxes After Promising to Stop
A former bank employee contends that the Swiss bank continued to help American clients avoid taxes long after its 2014 plea deal with the U.S. government
03/12/2021
FinCEN Warns Art and Antiquities Traders of New AML Measures
The new rules come just months after a congressional bill gave the Treasury Department a year to come up with regulations to help mitigate the threat of money laundering, crime and terror financing in the antiquities trade.
03/10/2021
The world's largest law firm announces combination with elite Ecuadorian law firm
Dentons' combination with Paz Horowitz Abogados in Ecuador would further strengthen Dentons’ position as the only pan-Latin American law firm, with locations across 26 countries.
03/10/2021
Uncertainty as Citi, Barclays snipe unwanted employees
Barclays isn't the only bank judiciously trimming staff this week
03/10/2021
PL Financial Attorneys Selected for Legal Industry DEI Fellowship
LCLD's landmark Fellows Program began in 2011.
03/10/2021
Fidelity parent FMR gets good news in ERISA case
They accused Fidelity of charging "secret fees" and offering a "kickback" to managers of competing firms whose investments are available through the Fidelity FundsNetwork.
03/08/2021
Climate-Related Disclosure in the Hot Seat
SEC Commissioners: Are Recent Announcements Changes from Status Quo or New PR Twist?
03/08/2021
SEC Issues Over $5 Million to Joint Whistleblowers Located Abroad
The SEC has awarded approximately $758 million to 142 individuals since issuing its first award in 2012.
03/08/2021
Anti-virus mogul John McAfee charged with fraud over crypto promotion
McAfee indicted in federal court over schemes that promoted cryptocurrency offerings on social media
03/05/2021
Investors seeking action from Powell on yields disappointed
Yields on Treasury debt rose after Powell signaled the central bank would make no immediate move to cap the recent increase in yields.
03/04/2021
Former Greenbush, Minn.-based bank CEO sentenced for involvement in 'African diamond and gold' scam
Robert John Hager, 71, was sentenced to 18 months in federal prison for abusing his position as the CEO of Border State Bank to buy into a fraudulent "get-rich-quick" scheme.