An increase in GP-stake divestitures – where managers sell minority stakes in their general partnerships to third-party investors – has been a noticeable trend in the buyout market, with demand for liquidity and industry maturity encouraging GPs to explore staking transactions.

On March 19, 2026, the Securities and Exchange Commission (SEC) Division of Corporation Finance published a new Corporation Finance Interpretation (formerly referred to as Compliance and Disclosure Interpretations)...

Over the last several years, there has been a significant uptick in the number of private investment funds that are registering their classes of limited partnership (LP) interests...

Employee participation programs are generally subject to sec. 305 ss. of the German Civil Code (BGB) governing the content control of general terms and conditions (GTC) if they are provided by the employer and were prepared for multiple uses, which is the case in almost all programs.

A standalone securitization of a portfolio of properties closed in June. To our knowledge, this was the first transaction in recent memory done in a direct issuance format.

CME has filed a federal lawsuit challenging the CFTC's approval of Kalshi's bitcoin perpetual contract, raising fundamental questions about whether perpetual contracts should be regulated as futures or swaps. The case centers on allegations that the CFTC violated the Administrative Procedure Act by reversing established policy without adequate explanation, potentially reshaping the regulatory landscape for digital asset derivatives. The outcome will have significant implications for market participants, as

The Securities and Exchange Commission and the Commodity Futures Trading Commission have voted to extend the compliance date for the significant amendments to Form PF that were adopted on February 8, 2024...

With Oregon Governor Tina Kotek's signing of Senate Bill 951 ("OR SB 951") yesterday (June 9, 2025),1 Oregon has now passed the highest state legislative barrier in the country on private equity investment in healthcare.

The recent designation of Mexican drug cartels and other criminal organizations as Foreign Terrorist Organizations (FTOs) exposes companies to criminal prosecution for providing material support under 18 U.S.C. 2339B.

In 2025, the JPML continued to grant a majority of the MDL petitions that it considered, including petitions involving product liability claims.

On June 12, 2025, the Supreme Court unanimously ruled in favor of combat veterans in Soto v. United States, holding that the Combat-Related Special Compensation statute (CRSC) supersedes the six-year statute of limitations of the Barring Act.

The decision serves as a reminder that early fact discovery can yield significant dividends at the class certification stage. Even an "arguable" defense unique to the named plaintiff may suffice to defeat certification.

Finance professionals gathered in Barcelona for Global ABS to discuss the rapid evolution of private credit CLOs and structured finance convergence. The conference highlighted how scale is forcing the boundary between fund finance and securitisation to dissolve, with insurers driving product innovation and regulatory reforms reshaping the European market landscape.

New York lawmakers are weighing legislation that could hold AI chatbot operators liable for outputs constituting unauthorized practice of law. Meanwhile, Indiana's tort reform efforts signal a broader legislative movement to restrict public nuisance claims, and the American Arbitration Association expands its AI arbitration tools for dispute resolution.

The Trump administration and Congress have lots on the agenda: tax reform, financial regulation reform, job creation (think infrastructure spending, maybe?) and more.

The U.S. agencies announced the conclusion of six significant merger investigations in Q1 2024, double the number seen last quarter. This marks the end of six quarters of three or fewer significant

In a rare move, the German Federal Ministry of Defense (BMVG) has published guidance on how it evaluates foreign investments in the security and defense sector.

Over the past few years, collateralised fund obligations ("CFOs") have become increasingly popular for financing equity interests in private funds and other assets, offering an alternative liquidity solution...

On February 10, 2026, FINRA re-proposed amendments to Rule 2210 to permit performance targets and projections in broker-dealer communications, subject to certain conditions.

On March 12, 2026, the CFTC issued an advance notice of proposed rulemaking (the “Request”) seeking public comment on event contracts traded on prediction markets.