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Capital Markets
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									September 18, 2025
									SafeMoon Ch. 7 Trustee Pitches $12M SettlementCryptocurrency asset company SafeMoon US LLC's Chapter 7 trustee has asked a Utah bankruptcy judge to approve a settlement for a class action alleging the company defrauded investors, saying the deal to pay plaintiffs at least $12 million is fair and wise. 
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									September 18, 2025
									Jury Mulls Claims Man Duped Penny Stock Traders On TwitterA Manhattan federal jury on Thursday weighed fraud claims against an Ohio salesman from securities regulators who say he duped other traders as he took in over $2.5 million buying penny stocks, hyping shares on Twitter before selling in a "scalping" scheme. 
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									September 18, 2025
									Firms Look To Drop Shareholder Client Sapien In Linqto Ch. 11Lawyers for Sapien Group, a shareholder that has taken an active role in investment platform Linqto's Chapter 11 in Texas, have asked to withdraw from the case — saying their client has not paid outstanding legal bills. 
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									September 18, 2025
									Trading Adviser, Convicted Owner Hit With $2.8M CFTC FineA commodity trading adviser and pool operator who pled guilty in Florida federal court to orchestrating a novel cryptocurrency-related scheme to cheat investors has agreed to pay more than $2.8 million as part of a settlement with the Commodity Futures Trading Commission. 
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									September 18, 2025
									Sports Group Brera Raises $300M To Launch Solana TreasuryIrish sports ownership holding company Brera Holdings, led by Lowenstein Sandler LLP, on Thursday announced that it plans to rebrand as a digital asset treasury company called Solmate following a $300 million private fundraise. 
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									September 18, 2025
									Group Of US Investors To Buy TikTok, Plus More RumorsA consortium of big-name buyers including Oracle, Silver Lake and Andreessen Horowitz are rumored to be taking a majority stake in TikTok after a long search to find the app a U.S. owner; Paramount Skydance is reportedly ready to make an offer for Warner Bros. Discovery; and private equity shop CVC is close to inking a $1.5 billion deal to acquire web-hosting provider Namecheap. Here, Law360 breaks down these and other deal rumors from the past week. 
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									September 18, 2025
									Trump Asks High Court To Let Him Remove Fed's CookPresident Donald Trump asked the U.S. Supreme Court on Thursday to allow him to move forward with firing Federal Reserve Gov. Lisa Cook, escalating a fight over presidential removal power that will test the boundaries of the central bank's traditional independence. 
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									September 18, 2025
									Bonds Valid Under Venezuelan Law, Judge Rules In $2B CaseA New York federal judge on Thursday denied a bid by Venezuela's state-owned oil company to refuse enforcement of some $2 billion in defaulted bonds, finding after an "exhaustive review of Venezuelan law" that the bonds were validly issued. 
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									September 17, 2025
									Trump Could Swing Fed With This 1 Weird Trick: Ex-Fed Gov.A former top Federal Reserve official told Democratic lawmakers on Wednesday that if President Donald Trump succeeds in quickly ousting Fed Gov. Lisa Cook, it could unlock an obscure mechanism for his allies at the Fed to sway future interest-rate decisions. 
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									September 17, 2025
									Crypto Exec Cops To $200M Bitcoin Ponzi SchemeThe chief executive officer of a cryptocurrency trading company pled guilty on Tuesday in Virginia federal court to a $200 million Ponzi scheme that federal prosecutors said defrauded more than 90,000 investors worldwide and allowed the executive to buy luxury vehicles, clothing and homes worth several million dollars. 
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									September 17, 2025
									Credit Investment Firm Sues UBS Over Naked Juice Loan DealA Connecticut branch of UBS faces a credit-investment firm's claims that UBS breached the terms of a loan participation agreement funding bottled juice company Naked Juice LLC after a restructuring of the agreement resulted in less favorable terms for the limited partnership. 
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									September 17, 2025
									Crypto Exchange Bullish Gets BitLicense From NY RegulatorVenture-backed crypto exchange Bullish announced Wednesday that it has obtained a so-called BitLicense from the New York State Department of Financial Services, allowing it to offer crypto spot trading and custody to institutions and sophisticated investors in the state. 
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									September 17, 2025
									VC-Backed Cybersecurity Biz Netskope Prices $908M IPONetskope, a cybersecurity firm with venture capital backing, is set to begin trading on the Nasdaq Thursday after pricing a $908 million initial public offering, at the top of its upwardly revised range. 
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									September 17, 2025
									FINRA Fines Okla. Investment Firm For Mishandling FundsThe Financial Industry Regulatory Authority has fined Oklahoma-based Oak Hills Securities Inc. $125,000 to settle claims that it failed to return money owed to investors, did not deposit invested funds into authorized accounts and did not properly file certain offering documents. 
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									September 17, 2025
									Chancery Mulls Limited Discovery In $8.7B Cerevel Sale SuitA Delaware vice chancellor said Wednesday he is considering denial of a motion to dismiss as well as limited plaintiff discovery in a suit accusing Cerevel Therapeutics Holdings Inc. insiders of lining up a secondary stock sale ahead of the biopharma's disclosure of a proposed $8.7 billion sale to AbbVie. 
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									September 17, 2025
									Noteholders Say $219M Mexico Claim Can ProceedNoteholders owed hundreds of millions of dollars by Mexican television producer TV Azteca are defending their $219 million investor-state claim against Mexico after its courts allegedly stymied collection efforts, saying any procedural deficiency in their claim arose as a result of the Mexican court's actions. 
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									September 17, 2025
									Chancery Approves $30M Match.com Spinoff Suit SettlementA Delaware vice chancellor approved a $30 million mediated settlement Wednesday to resolve a five-year dispute over the fairness of Match.com's 2019 reverse spinoff from Barry Diller-controlled IAC/Interactive, with stockholder attorneys taking home $6.9 million. 
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									September 17, 2025
									2nd Circ. Won't Block Eletson Doc Transfer In Shipping RowThe Second Circuit on Wednesday declined Reed Smith LLP's emergency request to block the turnover of client files created amid its representation of Greece-based shipping company Eletson Holdings prior to an October 2024 reorganization, but agreed to refer the stay motion to a three-judge panel for consideration. 
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									September 17, 2025
									SEC Policy Shift Could Foreclose Some Investor Class ActionsThe U.S. Securities and Exchange Commission issued a policy statement Wednesday that allows the use of mandatory arbitration by new publicly traded companies as its chief seeks to "make IPOs great again," but Democrats warned the move could shut the door to shareholder class actions. 
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									September 17, 2025
									Nelson Mullins Hires Freddie Mac Alumnus For RE PracticeNelson Mullins Riley & Scarborough LLP announced Wednesday that the firm has added a commercial real estate expert from Freddie Mac's multifamily division to the firm's real estate capital markets practice. 
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									September 17, 2025
									Atty Gets $4.3M Judgment Against Crypto Investment Cos.A Pennsylvania state court has ordered four cryptocurrency companies to release more than $4.3 million in funds to a Pittsburgh attorney who claims the companies unjustly froze his accounts when he tried to make withdrawals. 
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									September 17, 2025
									WaterBridge Reaches $634M IPO Pricing, Guided By 2 FirmsWaterBridge Infrastructure said it priced an upsized $634 million initial public offering at the top of its range when the company began trading Wednesday with advice by Latham & Watkins LLP and Gibson Dunn & Crutcher LLP. 
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									September 17, 2025
									Sky-High AI Valuations Are Reshaping Dealmaking PlaybookThe latest financing for Anthropic underscores how difficult it has become to dismiss sky-high valuations backing AI as froth, and shows how such numbers could reshape acquisition and exit strategies while exposing investors to heightened legal and financial risks. 
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									September 17, 2025
									NY Regulator Pushes Blockchain Analytics For ComplianceNew York's Department of Financial Services on Wednesday emphasized that it expects banks under its purview to incorporate blockchain analytics tools as part of their compliance programs if they're engaging in crypto activities. 
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									September 17, 2025
									Brexit Factors Blamed For UK's Sluggish IPO FlowsBrexit has deprived companies listed in London of an open gateway to European Union investors, forcing many startups to look elsewhere for an opportunity to raise capital, European advisers say — which has led to a prolonged slump of initial public offerings on the London Stock Exchange. 
Expert Analysis
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								Series Adapting To Private Practice: From US Rep. To Boutique Firm  My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan. 
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								Opinion Senate's 41% Litigation Finance Tax Would Hurt Legal System  The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law. 
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								Comparing Stablecoin Bills From UK, EU, US And Hong Kong  For multinational stablecoin issuers, navigating the differences and similarities among regimes in the U.K., EU, Hong Kong and U.S., which are currently unfolding in several key ways, is critical to achieving scalable, compliant operations, say attorneys at Morgan Lewis. 
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								What Baseball Can Teach Criminal Attys About Rule Of Lenity  Judges tend to assess ambiguous criminal laws not unlike how baseball umpires approach checked swings, so defense attorneys should consider how to best frame their arguments to maximize courts' willingness to invoke the rule of lenity, wherein a tie goes to the defendant, says Jonathan Porter at Husch Blackwell. 
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								Series Performing As A Clown Makes Me A Better Lawyer  To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott. 
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								A Guide To Permanent Capital Vehicles As Access Widens  Recent regulatory and legislative actions are making it easier for retail investors to access permanent capital vehicles like closed-end, interval, tender offer and open-end funds, which each offer distinct advantages that are important to review, say attorneys at Mayer Brown. 
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								How Dfinity Timeliness Ruling Can Aid Crypto Issuers  A California federal court's recent dismissal of a class action against Dfinity, holding that the claims were time-barred by the Securities Act's three-year statute of repose, provides a useful defense for cryptocurrency issuers, which often solicit investments years before minting and distributing the associated tokens, say attorneys at Paul Weiss. 
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								The CFTC Is Shaking Up Sports Betting's Legal Future  The sports betting industry faces a potential sea change amid recent state and federal actions across the regulatory landscape that have expanded access to sporting event contracts against the backdrop of waning Commodity Futures Trading Commission opposition, says Nick Covek at Foley & Lardner. 
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								Series Law School's Missed Lessons: Rejecting Biz Dev Myths  Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein. 
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								Move Beyond Surface-Level Edits To Master Legal Writing  Recent instances in which attorneys filed briefs containing artificial intelligence hallucinations offer a stark reminder that effective revision isn’t just about superficial details like grammar — it requires attorneys to critically engage with their writing and analyze their rhetorical choices, says Ivy Grey at WordRake. 
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								Early Trends In Proxy Exclusion After SEC Relaxes Guidance  The U.S. Securities and Exchange Commission’s recent guidance broadening shareholder proposal exclusion under Rule 14a-8 has been undoubtedly useful to issuers this proxy season, but it does not guarantee exclusion, say attorneys at Debevoise. 
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								9th Circ. Has Muddied Waters Of Article III Pleading Standard  District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn. 
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								Series Competing In Modern Pentathlon Makes Me A Better Lawyer  Opening myself up to new experiences through competing in modern Olympic pentathlon has shrunk the appearance of my daily work annoyances and helps me improve my patience, manage crises better and remember that acquiring new skills requires working through your early mistakes, says attorney Mary Zoldak. 
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								Atkins' Crypto Remarks Show SEC Is Headed For A 'New Day'  A look at U.S. Securities and Exchange Commission Chairman Paul Atkins' recent speeches provides significant clues as to where the SEC is going next and how its regulatory approach to crypto will differ from that of the previous administration, say attorneys at Eversheds Sutherland. 
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								Series Law School's Missed Lessons: Teaching Yourself Legal Tech  New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin. 
