520 results found

The Appendix to this OnPoint provides further explanation of the scope of the transactions covered by the SEC Treasury Repo Transaction clearing and related requirements...

The 2025 securities class action landscape presents a paradox that issuers and their boards should take note of: although overall filing volume declined, the financial magnitude of these cases reached unprecedented levels.

Alternative Investment Fund Managers Directive II ((EU) 2024/927) (AIFMD II) goes into effect on April 16, 2026. How are credit managers preparing for these new regulatory requirements that impact funds managed by EU managers and, in certain cases, EU funds managed by non-EU managers? In this discussion originally published as part of Dechert's The Cred Convos video series.

Delaware Supreme Court rejects attempt to limit MFW to controller buyout transactions.

Dechert's submission to Ireland's Department of Enterprise, Tourism and Employment advocates for comprehensive reform of the Limited Partnerships Act 1907, proposing removal of the 20-partner limit, introduction of a statutory whitelist of permitted activities, and full recognition of the commitment and drawdown capital model to modernize Ireland's private fund structures and enhance competitiveness with global jurisdictions.

The overall strength of the crypto asset markets in 2024 resulted in a year with significantly less crypto securities class action litigation than in recent years.

The Ninth Circuit's landmark decision in Adventist Health System v. AbbVie Inc. has opened a new front in healthcare fraud enforcement by allowing 340B covered entities to bring False Claims Act qui tam suits against drug manufacturers over alleged pricing violations. This ruling, combined with the court's earlier EKRA decision in Schena, signals an expanding landscape of federal healthcare fraud theories that narrows traditional defenses and creates significant litigation exposure for pharmaceutical compan

The staff of the Securities and Exchange Commission's Division of Corporation Finance (the "Staff") published a detailed statement expressing the Staff's views on how the disclosure...

In 2024, plaintiffs filed 36 securities class action lawsuits against non-U.S. issuers, up by three from the 33 filings in 2023.

On February 12, 2026, the SEC approved FINRA's proposed rule change to amend FINRA Rule 3220 (Influencing or Rewarding Employees of Others) (the "Gifts Rule").

Through the no-action relief granted in CFTC Staff Letter No. 25-42 (the "Letter"), the Divisions are favoring the definitions of "U.S. person" and "guarantee" set forth in the 2020 Swap Dealer Cross-Border Rule (defined below), and in doing so, are aligning the CFTC's definitions with those used by other U.S. regulators.

DAMITT, the Dechert Antitrust Merger Investigation Timing Tracker, is the leading source of analysis for significant U.S. and EU antitrust merger investigation and litigation trends.

Private credit markets in the U.S. and Europe have evolved through distinct regulatory pathways, with the U.S. developing scalable fund structures earlier while Europe advanced through harmonization. The implementation of AIFMD 2.0 in April 2026 marks Europe's transition toward a unified, prescriptive framework for loan-originating funds, introducing leverage caps, concentration limits, and enhanced investor protections.

There has been much discussion of the changes being made to AIFMD¹ following the publication of the amending directive, so called AIFMD 2.0².

In an Opinion authored by Justice Anthony Kennedy for a 7-1 majority, the United States Supreme Court in Fisher v. University of Texas at Austin, et al., allowed public colleges and universities to retain their affirmative action programs, at least for the time being.

Courts are grappling with how to apply traditional market efficiency tests to meme stocks and pump-and-dump schemes, while recent circuit court decisions reshape the evidentiary burden for proving damages at class certification. The Supreme Court has also weighed in on the SEC's disgorgement authority, resolving a critical circuit split on whether investor harm must be proven.

Le 25 février 2026, la loi n° 2026-122 du 23 février 2026 relative à la confidentialité des consultations des juristes...