For decades, private equity (“PE”) operated on a predictable model. A General Partner (“GP”) would raise capital, acquire portfolio companies, enhance value over a defined holding period, and exit through a sale or an Initial Public Offering (“IPO”). That model assumed cooperative exit markets and a ten-year fund life with limited extensions. In recent years, […]
After the IEEPA Ruling: Why the Tariff Fight Isn’t Over
Constitutional victories are supposed to constrain government power. Learning Resources, Inc. v. Trump, 607 U.S. (2026), did something rarer: it constrained one mechanism of government power while leaving the underlying capacity almost entirely intact. The Supreme Court held 6–3 on February 20, 2026, that the International Emergency Economic Powers Act (“IEEPA”) does not authorize tariffs. […]
The Conviction That Changes the Rules: How the First AI Economic Espionage Case is Reshaping Trade Secret Law
After former Google software engineer Linwei Ding stole thousands of pages of confidential trade secret information related to Google’s AI supercomputing infrastructure from the company, and attempted to transfer it to entities in the People’s Republic of China, his scheme ultimately unraveled in federal court. On January 29th, 2026, a federal jury in San Francisco […]
Taking Electronic Arts Private: Legal and Strategic Implications of the $55 Billion Sponsor-Led Acquisition
Electronic Arts (“EA”) announced a definitive agreement to be acquired by an investor consortium comprised of the Saudi Public Investment Fund (“PIF”), Silver Lake, and Affinity Partners in an all-cash transaction valuing EA at an enterprise value of approximately $55 billion. Under the announced terms, stockholders are to receive $210 per share in cash, representing […]
FinTech in the U.S. Green Finance Framework
As governments around the world invest trillions of dollars to address climate change, financial markets are rapidly directing capital towards environmentally sustainable projects. This growing field, often referred to as green finance, involves financial activities that support renewable energy, low-carbon infrastructure and climate adaptation plans. At the same time, FinTech is leveraging digital tools to […]
Diversity Data on the Deal Table: California’s VC Reporting Law Hits 2026
In 2026, a legislative change is unfolding in venture capital and, by extension, the mergers and acquisitions landscape. California’s Fair Investment Practices by Venture Capital Companies Law—originally enacted as SB 54 and later amended by SB 164—reporting requirements aimed to affect dealmaking across the state, and potentially imposes new nationwide. Any venture capital firm that […]
Recognizing Indigenous Cultural Intellectual Property: A Path Toward Dignity and Economic Justice
The marginalization and economic exploitation of indigenous communities by the United States and other developed nations have taken place over a long period of time and have been widely documented. Most of the attention on this issue is focused on land seizures: many municipalities and institutions now publicly recognize that they exist upon land that […]
The Price of “Affordability”: Newsom’s SB 682 Veto
You’ve almost certainly encountered, and ingested, per- and polyfluoroalkyl substances (PFAS). PFAS is an umbrella term for a family of thousands of human-made chemicals. What distinguishes these chemicals is their exceptionally strong carbon-fluorine bonds. These bonds repel oil, water, and stains while resisting heat and chemical agents. Those same bonds, however, make PFAS hard to […]
Protecting Biotech and AI Trade Secrets Without Freezing Talent Mobility: Why Current Law Burdens Startups Most
In March 2022, the Department of Justice sentenced JHL Biotech co-founders Racho Jordanov and Rose Lin for conspiracy to steal Genentech trade secrets and commit wire fraud exceeding $101 million. The defendants had funneled proprietary biopharmaceutical data to their Taiwan-based competitor by recruiting former Genentech employees, enabling biosimilar development that prosecutors said allowed JHL to […]
The New Stage of Green Finance: Global and U.S. Trends in Green Bonds Issuance
Over the past decade, the role of green bonds has shifted from the edge of the financial market to the center of the global capital market. Green bonds, which were previously regarded as an experimental tool of financial product, have become one of the most significant tools leading private capital to climate solutions. Green bonds […]