Pro bull riding league files objection of Dr. Phil’s media bankruptcy saying it is owed $181 million | The Independent -
The Professional Bull Riders—the largest bull-riding league in the world, which had pulled out of a…
more
/ Art, Entertainment, & Sports Law, Bankruptcy, Civil Procedure, Finance & Banking
On July 21, 2025, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) announced that it was delaying the effective date of its final rule establishing Anti-Money Laundering/Countering the Financing of…
more
/ Finance & Banking, Securities Law
Maverick Gaming, which owns 5 Nevada casinos, files for bankruptcy | The Nevada Independent -
The Washington-based casino and card-room operator filed for Chapter 11 bankruptcy in the Southern District of Texas on Monday…
more
/ Bankruptcy, Civil Procedure, Finance & Banking, Securities Law
On July 9, 2025, Commissioner Hester Peirce, head of the SEC’s Crypto Task Force, in a published statement said, “Tokenized securities are still securities.” And, as such, the federal securities laws apply to transactions…
more
/ Securities Law
In Miele v. Foundation Medicine, Inc., the Massachusetts Supreme Judicial Court (“SJC”) held that the Massachusetts Noncompetition Agreement Act, G. L. c. 149, § 24L (the “Act”), which generally prohibits noncompete and…
more
/ Administrative Law, Alternative Dispute Resolution (ADR), Labor & Employment Law
Del Monte Foods files for bankruptcy and will search for buyer | CBSNews -
Del Monte Foods, a nearly 140-year-old staple in canned produce, has filed for Chapter 11 bankruptcy and is seeking a buyer as part of a restructuring…
more
/ Bankruptcy, Finance & Banking, Mergers & Acquisitions
On June 17, 2025, the Senate voted 68-30 with bi-partisan support to pass the Guiding and Establishing National Innovation for U.S. Stablecoins Act (“GENIUS Act”), which proposes the establishment of a federal framework for…
more
/ Administrative Law, Finance & Banking, International Law & Trade
This Memorandum continues our analysis of the current U.S. federal tax reform process. Today, the House of Representative passed the Senate’s version of the One Big, Beautiful Bill (the “Senate Tax Bill”). The Senate Tax Bill…
more
/ Finance & Banking, International Law & Trade, Taxation
Our 2024 observation period indicated an extension of a number of trends in investment fund seeding transactions that we have been tracking for more than a decade. First, institutional seeders continued to represent an outsized…
more
/ Business Organizations, Finance & Banking
In today’s evolving investment landscape, institutional investors are increasingly seeking innovative structures that align with regulatory requirements while maximizing returns. One such structure gaining traction is the Rated…
more
/ Finance & Banking, Securities Law
The BE-180 is the quinquennial Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (the “BE-180 Survey”) conducted by the U.S. Bureau of Economic Analysis (the “BEA”)…
more
/ Administrative Law, Finance & Banking, International Law & Trade
On June 9, 2025, the New York State Senate passed Senate Bill S4641A (the “Bill”). The Bill, if signed into law, would prohibit most non-compete agreements (“non-competes”) throughout the state, except for those with highly…
more
/ Business Organizations, Commercial Law & Contracts, Labor & Employment Law
Regeneron declines to make higher bid for 23andMe after Wojcicki's $305 million offer | Reuters -
23andMe founder Anne Wojcicki’s bid, submitted through a nonprofit she controls, remains unchallenged, setting her up to…
more
/ Bankruptcy, Business Organizations, Civil Procedure, Mergers & Acquisitions, Privacy
June 18, 2025 On June 12, 2025, various divisions within the Securities and Exchange Commission (“SEC”) formally withdrew a number of pending proposed rules which would have affected investment advisers, investment companies,…
more
/ Administrative Law, Finance & Banking, Securities Law
Sunnova files for bankruptcy on residential solar woes | Reuters -
On Sunday, June 12, the residential solar panel installer announced that it had filed for Chapter 11 bankruptcy, making it the second company of its kind to…
more
/ Bankruptcy, Business Organizations, Civil Procedure, Energy & Utilities, Transportation
