Law

The Path to Equity Partnership Is Lengthening. Are Firms Making the Change in Good Faith?

The Path to Equity Partnership Is Lengthening. Are Firms Making the Change in Good Faith? While a recent suit against Duane Morris alleges the firm is using the firm's non-equity tier to goose partner ...
Law

A&O Shearman to Cut Equity Partnership, Close South Africa Office and End Consulting Division

Newly-merged firm A&O Shearman is to cut 10% of its equity partnership, close its Johannesburg office and end its consulting practice as part of major post-merger changes over the coming months. The ...

The Rise Of Equity Co-Investments In BDC Structures

Here's how equity co-investments are reshaping BDC portfolios, unlocking new value for shareholders and responding to growing ...
Nasdaq

Cantor Equity Partners, Inc. and Twenty One Capital, Inc. Announce Filing of Draft Registration Statement on Form S-4 with the SEC

AUSTIN, Texas--(BUSINESS WIRE)-- Cantor Equity Partners, Inc. (“CEP”) (Nasdaq: CEP), a special-purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, and Twenty One Capital, Inc. ...

OpenAI Realignment to Give Nonprofit Over $100 Billion Stake

OpenAI said it’s closer to converting into a more traditional for-profit company — nearing the resolution of painful negotiations with top shareholder Microsoft Corp. and outlining terms of at least ...