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April 08, 2024 | National Law Journal

US Agencies Vow Collaboration to Protect Marketplace Competition

"The whole of government approach is an incredibly coherent and sophisticated way to think about competition policy," said U.S. Justice Department antitrust chief Jonathan Kanter.
4 minute read
April 08, 2024 | The American Lawyer

Goodwin Gains 5 Cooley Partners in Boston

The group has been practicing as a team for over a decade, according to Pat Mitchell, who founded Cooley's Boston office in 2007.
5 minute read
April 08, 2024 | The American Lawyer

Deal Watch: Kirkland, Simpson, Latham, Cravath Lead $13B Endeavor Buy

At least nine large law firms got a share of the work from Silver Lake's buy of Endeavor Group. The deal is another example of megadeals that are in bloom this year.
9 minute read
April 05, 2024 | New York Law Journal

Manhattan Jury Finds Terraform, Do Kwon Liable in Crypto Civil Fraud Trial

U.S. District Judge Jed Rakoff of the Southern District of New York said he intends to rule on penalties no later than the first week of May, after receiving briefs from the defendants and the U.S. Securities and Exchange Commission.
3 minute read
April 05, 2024 | New York Law Journal

'Failure Is Not Fraud': Dentons Partner, SEC Make Closing Arguments in Terraform Civil Fraud Trial

After hearing nearly two weeks of evidence in the civil fraud case, jurors in the Southern District of New York on Friday began deliberating on whether cryptocurrency company Terraform Labs and its founder Do Kwon defrauded investors by lying about the company's success.
4 minute read
April 05, 2024 | National Law Journal

'Failure Is Not Fraud': SEC, Dentons Partner Make Closing Arguments in Terraform Civil Fraud Trial

Jurors have begun deliberating on whether the cryptocurrency company and its founder defrauded investors by lying about the company's success.
4 minute read
April 04, 2024 | Law.com

Florida Marijuana Measure / Another NY Licensing Suit / To License or Crack Down? / 9th Circuit's Take on Cannabusiness Marks

Quinn Emanuel Urquhart & Sullivan partner John Bash says one of the keys to persuading Florida Supreme Court justices to allow a cannabis legalization measure on the November ballot was "speaking on their terms."
11 minute read
April 03, 2024 | National Law Journal

SEC Enforcement Chief Defends Crypto Actions as 'Consistent,' 'Principled'

"[E]very lawyer here knows what the test is to determine whether a crypto asset was offered and sold as an investment contract, and therefore a security: It's the Howey test," said Gurbir Grewal.
3 minute read
April 03, 2024 | Texas Lawyer

No Objections: Smokehouse Creek Fire MDL Petition Approval Expected

One week before Xcel Energy publicly admitted its equipment ignited the Smokehouse Creek Fire, the company informed the SEC that plaintiffs' attorney advised the company to preserve the evidence.
6 minute read
April 03, 2024 | The American Lawyer

Wilmer Joins Kirkland, Sidley in Racking Up 8-Figure Fees From a Single Client

The same SEC disclosure rules led Blackstone to reveal what it paid Kirkland, and TDS to disclose what it paid Sidley.
4 minute read

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