New York Law Journal

SEC Says Farewell to the Term 'Crypto Asset Securities'

"It's just the evolution where there were way too many scams by crypto folks that lead to the SEC's aggressive overreach and regulation enforcement, that you have a pendulum that goes one way and the other way and now it is maybe slowing down a bit," said Terrence Yang, a strategic advisor to Swan Bitcoin.
3 minute read

National Law Journal

Biotech CEO Sent $1M in Crypto to Wrong Wallet. Now He's Suing the Issuer for Its Return

"This is an attempt to deviate from that precedent," said Daniel Maland, the immediate-past co-chair of the Florida Bar Business Law Section Blockchain and Digital Assets Committee. "They're trying to hold crypto exchanges accountable to a different standard."
4 minute read

International Edition

India's Capital Markets Work Continues To Surge, Top Firms Drive Listings 

The listings come as part of a robust IPO pipeline in India, which lawyers expect will continue to generate big work for firms towards the tail-end of 2024 and early 2025.
3 minute read

National Law Journal

SEC Charges Apex Partner Behind $852K Alleged Crypto Fraud

"This shows that individuals appear to be still using crypto as bait to lure investors into what are essentially old-fashioned get-rich-quick schemes," said Arlo Devlin-Brown, a partner at Covington & Burling.
4 minute read

The American Lawyer

Deal Watch: Mega M&A Bounces Back, as NY Law Firms Lead Recent Big Deals

The Wall Street firms had a good week, while the reemergence of the 'megadeal' this year has buttressed deal work.
8 minute read

Texas Lawyer

Big Law Firms Expand Energy, Infrastructure Teams in Houston

Bracewell and Clifford Chance both hired lawyers who do work for energy and infrastructure clients, as hiring in those sectors in Texas continues at a rapid clip.
2 minute read

The American Lawyer

Davis Polk Capital Markets Partner Heads to Paul Hastings

London-based Dan Hirschovits has been involved in several major IPO transactions in the last several years.
3 minute read

New York Law Journal

NextEra Energy Pension Plan Connected to Allegedly Fraudulent Real Estate Action

"It's another thing to be exposed to a broad claim where the potential award could conceivably be in the tens of millions of dollars if the judge allows the valuation of the underlying asset," said Jason Giller, a managing partner at Giller Law who is not involved in the case.
4 minute read

New York Law Journal

International Crypto Bank Faces New York Securities Fraud Class Action Lawsuit

"It was a cutting-edge bank and should have been a great success, but the CEO misrepresented the financials and allegedly stole the money," said Jeffrey W. Gutchess, a partner at AXS Law Group.
3 minute read

The American Lawyer

Paul Hastings' Vice Chair of Cap Markets and Securities Group Heads to Freshfields

Christopher DeCresce focuses on the financial services, banking and fintech sectors.
3 minute read

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