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National Law Journal

Paul Hastings Lures Fin Regs and Investigations Team From Buckley

Paul Hastings chair Seth Zachary said the firm is on a mission to "invest in areas that are strategically important across a rapidly evolving market environment."
4 minute read

The American Lawyer

Linklaters and Clifford Chance Hire US Fund Formation and Regulatory Partners

Linklaters added Morgan Lewis financial regulatory partner Donald Waack to guide international clients through an "increasingly complex U.S. regulatory landscape." Clifford Chance hired funds and investment management partner Vadim Avdeychik to stay competitive in the rapidly evolving asset management space.
3 minute read

Daily Business Review

$2.6M in Attorney Fees for Boies Schiller Client After International Arbitration Award

U.S. District Judge Valerie E. Caproni ruled that Nipro Corp.'s "continued foot-dragging'' justified a higher interest rate, while she noted that Boies Schiller's rates "are not outside the norm for comparable attorneys and firms'' and was comparable to rates "for partners at prominent firms in New York.''
3 minute read

Daily Business Review

Blackstone's New Twist on Private Credit Will Open Up Billions

Regulators last week approved Blackstone's application to start a private credit fund in Europe with a structure similar to an open-end mutual fund.
4 minute read

Daily Business Review

Most Student-Loan Borrowers Made No Payment During Freeze

Data from the Federal Reserve show that 60% of borrowers who qualified for forbearance didn't make a single payment from August 2020 through December 2021.
2 minute read

Daily Business Review

Climate Lawsuits Are Growing in Number, But Success Is Hard

Putting together a successful case is incredibly challenging and can take years to conclude.
4 minute read

Daily Business Review

US Home-Price Appreciation Accelerates for Fourth Month

Further price appreciation threatens to add to the pain even as higher rates and economic uncertainty have started to soften the market slightly.
2 minute read

Daily Business Review

Zombie Firms Face Slow Death in US as Era of Easy Credit Ends

From meme-stock favorite AMC Entertainment Holdings Inc. to household names such as American Airlines Group Inc. and Carnival Corp., America's corporate zombies, companies that aren't earning enough to cover their interest expenses, let alone turn a profit, have swelled in recent years.
7 minute read

Daily Business Review

Treasuries Slide as Inflation Concerns Keep Rate-Hike Bets Alive

Investors are caught between elevated inflation and monetary policy tightening, which is aimed at slowing it but is also increasingly seen as a threat to the economy.
3 minute read

Daily Business Review

$3 Million Stolen From Law Firm by Bookkeeper, Prosecutors Say

"What scares me is what if the law firm followed all the rules and she got around it?" said Randolph Braccialarghe of Nova Southeastern University College of Law. "That would make us all vulnerable."
3 minute read

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