Insights

New York – June 6, 2024: Christopher Mendez, former general counsel and chief compliance officer at several investment management firms, has joined Crowell & Moring’s Financial Services Group as senior counsel in New York, bringing in-depth experience advising on fund formation and other corporate matters.

Washington – June 1, 2023: Crowell & Moring earned 82 rankings for 68 lawyers across 48 categories, as well as 37 national and statewide practice area rankings, in the Chambers USA 2023 guide. The rankings are driven by independent interviews of clients and lawyers at peer firms.

Since the economic downturn in 2008, the legal market has been in a constant state of change. Companies are demanding budget predictability, shared risk and reward, improved efficiency, more transparency, and a new way to define value, and law firms have rushed to respond. Firms cannot rely on the billable hour as they once did. This development has led to the rise of Pricing Departments whose job it is to manage value-based billing arrangements, profitability, and legal project management. Law firms and in-house counsel need to understand each type of alternative fee arrangement, its strengths and weaknesses, how to accurately scope and budget an engagement, and how to manage it once it has begun.

On May 13, 2015, Marc Wyatt, Acting Director, SEC Office of Compliance Inspections and Examinations (OCIE), delivered an important speech that highlighted legal and compliance topics for investment fund managers.

On March 25, the Securities Exchange Commission (the "Commission") proposed revising Rule 15b9-1 (the "Proposed Rule"), in a move designed to require broker-dealers engaged in proprietary high-frequency trading (HFT) of securities or other applicable products to register with a regulatory association (an "Association"). Since FINRA is the only Association that currently exists, all such HFT firms would be required to register with FINRA. 

The Daily Journal highlights Crowell & Moring in the paper's "Dealmaker" column for the firm’s representation of Signature Group Holdings Inc. (SGH), a Sherman-Oaks-based holding company, as it offered 3.7 million shares of common stock in an underwritten public offering. The firm provided additional representation when SGH offered over four million shares of common stock for $6.50 per share. San Francisco-based senior counsel, Murray A. Indick, served as counsel for SGH for both of these deals.

This panel is presented by the Financial Services Technology Joint Subcommittee of the Commercial Finance Committee and Private Equity & Venture Capital Committee of the ABA Business Law Section.

Grant Thornton LLP and Crowell & Moring LLP invite you to join us for a panel discussion on consumer and retail industry trends and issues and their potential impact on the dealmaking landscape. Learn how one successful start-up is disrupting the apparel industry.

Payers, Providers, and Patients – Oh My! Is Crowell & Moring’s biweekly health care podcast, discussing legal and regulatory issues that affect health care entities’ in-house counsel, executives, and investors. In this episode, hosts Joe Records and Payal Nanavati talk with Lex Eley and Stephanie Willis about what private equity firms need to consider when investing in health care.