Latham & Watkins, one of the world’s largest law firms, continues to bolster its capabilities with the strategic hiring of Joshua Mayer, a prominent executive compensation partner from Ropes & Gray, in its New York office. This move reflects a growing trend among major law firms to enhance their offerings in the competitive legal market….
Womble Bond Dickinson has made a strategic move to bolster its corporate and securities capabilities in New York with the addition of highly-regarded attorney Jessica Zhang-Whitaker. Zhang-Whitaker’s arrival is set to enhance the firm’s proficiency in handling complex transactions, an area of rising significance due to the dynamic nature of today’s financial markets. Jessica Zhang-Whitaker,…
O’Melveny & Myers LLP has recently bolstered its trading and markets division by hiring two seasoned partners from Cleary Gottlieb Steen & Hamilton LLP. This strategic move underscores O’Melveny’s commitment to expanding its footprint in the areas of financial regulation and trading markets. More details on the hiring reveal that the new partners bring a…
In recent developments within the corporate legal landscape, several significant events have unfolded, impacting various sectors and legal practices. The U.S. Department of Justice (DOJ) has approved the merger between Paramount Skydance and Warner Bros. Discovery, a move that is set to reshape the entertainment industry. The DOJ stated that the transaction is unlikely to…
Greenberg Traurig, the global law firm known for its expansive reach and diverse practice areas, has made a significant addition to its team in New Jersey by bringing on Marc L. Vidal, a former executive from BNY Mellon. Vidal, who served as the Managing Director and Head of Legal for the Americas region, will join…
Latham & Watkins has recently added a notable talent to its ranks by bringing on Will Nelson, a distinguished capital markets lawyer, to its Houston office. Nelson, who previously held a position at Allen & Overy, is known for his expertise in advising on debt and equity offerings, as well as his in-depth understanding of…
The nomination of Jay Clayton as the Director of National Intelligence (DNI) has been put on hold, as former President Donald Trump announced on Truth Social. This decision comes amidst concerns over the confirmation process of Jamie McDonald as the Manhattan U.S. Attorney. Trump expressed hesitation about proceeding with Clayton’s nomination, saying, “I may not…
Greenberg Traurig, a prominent global law firm, has recently strengthened its litigation practice in New York by onboarding Scott Leitner as a shareholder. Leitner, who joins from Gordon Rees, has significant experience in complex commercial litigation, adding depth to Greenberg Traurig’s robust litigation team. Leitner’s practice encompasses a wide range of litigation matters, including contract…
In a significant development in the ongoing case of Jacob Goldstein, the court has denied his request for a post-conviction acquittal and a new trial. Goldstein, previously convicted on charges related to securities fraud, sought to overturn his conviction by arguing that significant procedural errors had influenced the trial’s outcome. However, the judge ruled that…
Sullivan & Cromwell, a leading figure in the world of corporate law, has notably positioned itself as a favored legal partner for former President Donald Trump. This relationship is underscored not only by the firm’s deep historical connections but also by its role in representing Trump’s interests over the years. With a rich history intertwined…
James McDonald, a prominent litigation partner at Sullivan & Cromwell, has been nominated as the Manhattan U.S. Attorney by the President, highlighting his extensive experience in both public service and the private sector. McDonald is co-head of Sullivan & Cromwell’s securities and commodities investigations practice and its commodities futures and derivatives group, bringing a wealth…
On Saturday, President Donald Trump announced his intent to appoint James M. McDonald, a partner at Sullivan & Cromwell LLP, as the new head of the Southern District of New York (SDNY). This position is critical, overseeing a jurisdiction known for its high-profile financial and corporate cases. Here are three key aspects of McDonald’s appointment…
A former attorney with the U.S. Securities and Exchange Commission (SEC) recently faced a formal reprimand due to misstatements made during a high-profile cryptocurrency case. The incident underscores the increasing scrutiny legal professionals encounter when navigating the complex regulatory landscape surrounding digital assets. The ex-SEC attorney’s actions have raised significant concerns within the legal community…
A public reprimand has been issued to a former attorney for the U.S. Securities and Exchange Commission (SEC) who was found to have misled the court during a significant cryptocurrency fraud case. This misrepresentation ultimately triggered sanctions against the SEC, raising concerns about procedural integrity in regulatory enforcement. The reprimand highlights the necessity for precise…
In a recent development, former President Donald Trump announced the nomination of James McDonald, a litigation partner at Sullivan & Cromwell, as the next U.S. Attorney for the Southern District of New York. McDonald brings substantial experience to the role, having previously served as an assistant U.S. attorney within the same office. At Sullivan &…
The recent conviction of prominent short-seller Andrew Left represents a key development in the realm of securities fraud, particularly concerning the role of social media in market manipulation. Left’s case underscores the growing challenges regulators face in monitoring and enforcing fair practices in the fast-paced digital information space. Left, known for his influential presence on…
The recent decision by the Securities and Exchange Commission (SEC) to cancel its longstanding ‘gag rule’ has significant implications for both regulatory practice and corporate settlements. This rule traditionally barred defendants in SEC enforcement actions from making or causing to be made any public statement denying, directly or indirectly, any allegation in the complaint or…
In a decision that will undoubtedly shape the landscape of investor protection, the Supreme Court ruled against private investors seeking to use legal recourse against investment companies for contract violations. The case, FS Credit Opportunities Corp. v. Saba Capital Master Fund, brought to the forefront the issue of who has the right to enforce the…
President Donald Trump has announced his intention to nominate Jay Clayton, the current U.S. Attorney for the Southern District of New York and former Chairman of the Securities and Exchange Commission, as the Director of National Intelligence (DNI). This decision follows significant bipartisan criticism of Trump’s previous choice, Bill Pulte, for the acting DNI role….
Partners from leading Australian law firms Ashurst and Allens are scheduled to appear before a federal parliamentary inquiry on June 19, 2026, to address allegations concerning KPMG’s misuse of confidential client data. This inquiry, led by the Parliamentary Joint Committee on Corporations and Financial Services, aims to scrutinize the conduct of KPMG and its handling…
In a noteworthy move during the final months of his administration, President Donald Trump nominated Jay Clayton, the former chairman of the U.S. Securities and Exchange Commission (SEC), to serve as the nation’s intelligence chief. Clayton, known for his extensive experience regulating Wall Street, was selected to lead an entity typically associated with national defense…
The recent decision by the U.S. Supreme Court to uphold the Securities and Exchange Commission’s (SEC) disgorgement power has been met with approval among white-collar defense attorneys. This ruling provides a clearer framework for legal professionals handling clients involved in SEC enforcement actions. The decision offers a sense of certainty and stability, crucial for navigating…
DLA Piper has appointed Abrar Hussain as a partner in its emerging growth and venture capital practice in Palo Alto. Hussain brings over 25 years of experience in the investment funds, biotech, and financial services sectors. His expertise encompasses fund formation, operations, fundraising, limited partnership negotiations, portfolio company support, complex mergers and acquisitions, initial public…
The U.S. Supreme Court’s recent unanimous decision in Sripetch v. Securities and Exchange Commission has reaffirmed the Securities and Exchange Commission’s (SEC) authority to seek disgorgement of ill-gotten gains without the necessity of proving direct investor losses. This ruling resolves a significant circuit split and clarifies the SEC’s enforcement capabilities. In the case, Ongkaruck Sripetch…
Morrison & Foerster, a prominent global law firm, has expanded its footprint by adding partners Yuka Teraguchi Fukuda and Stacey Broughan to its teams in New York and Washington, D.C., respectively. Fukuda, previously with Cadwalader, specializes in structured finance and will contribute her extensive experience to Morrison & Foerster’s finance practice. Meanwhile, Broughan, a former…