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September 26, 2023 | Litigation Daily

In the Latest Quinn Emanuel Antitrust Win Against Big Banks, 2 Associates Help Make the Case for Class Cert

With a helpful nudge from the federal judge overseeing a case alleging a rate-setting conspiracy in the market for variable rate demand obligations, Quinn associates David LeRay and Nicolas Siebert successfully argued that the plaintiffs' expert opinions supported class certification.
5 minute read
September 25, 2023 | The American Lawyer

Deal Watch: Simpson, Skadden, Cravath Guide $28 Billion Cisco Deal

The rest of the week was rather quiet on the deal front, but "Old Tech" is making something of a comeback.
6 minute read
September 21, 2023 | Daily Report Online

Small Venture Capital Player Becomes a Symbol in the Fight Over Corporate Diversity Policies

The Fearless Fund, an Atlanta-based firm, has invested nearly $27 million in some 40 businesses led by women of color since launching in 2019, and awarded another $3.7 million in grants. Collectively, those businesses employ about 540 people, up from 250 at the time of investment, according to its "impact report," released Wednesday.
5 minute read
September 20, 2023 | Daily Report Online

$20B WestRock-Smurfit Combo Leads Latest Deals; Big Law Awaits Comeback via IPOs

"A number of our IPOs in the pipeline have either restarted or moved up their timeline," said Davis Polk's Richard Truesdell, adding, "We don't expect to see a broad recovery in the IPO market before Q1 2024."
10 minute read
September 19, 2023 | New York Law Journal

Are Notes Sold as Part of Loan Syndication Securities?

In their Financing column, Jeff Steiner and Megan Vallerie discuss 'Kirschner v. JP Morgan Chase Bank,' which examines the question: "Are notes sold as part of loan syndication securities?"
6 minute read
September 18, 2023 | The American Lawyer

Deal Watch: With IPOs 'in the Pipeline,' Big Law Now Awaits Comeback

"A number of our IPOs in the pipeline have either restarted or moved up their timeline," said Davis Polk's Richard Truesdell, adding, "We don't expect to see a broad recovery in the IPO market before Q1 2024."
10 minute read
September 12, 2023 | New York Law Journal

2023 GC Compensation Survey: Find Out Who's Atop New York's Rankings

Legal chiefs for private equity giants snagged three of the top 10 spots. "Their GCs have gold-plated resumes, and those resumes command a lot of gold," said Jason Winmill, an in-house consultant.
5 minute read
September 11, 2023 | The Recorder

Cooley-Led Instacart IPO Generates $4.2M in Legal Fees

Cooley and Latham are advising on Instacart's hotly anticipated initial public offering, which has generated about $4.17 million in legal fees, according to a new filing.
2 minute read
September 11, 2023 | The American Lawyer

Deal Watch: S&C Front and Center in $24B of Deals; the Google Antitrust Trial Begins

As tech M&A activity cools, antitrust regulatory activity toward the industry continues to ramp up.
9 minute read
September 07, 2023 | The Legal Intelligencer

Second Circuit Finds Syndicated Loan Notes Are Not Securities

The court affirmed the U.S. District Court for the Southern District of New York's decision that notes issued from the syndicated loan transaction were not securities under the application of the test set forth in the U.S. Supreme Court's decision in Reves v. Ernst & Young.
8 minute read

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