Securities

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Apollo Restructuring Judge Hit With Recusal Bid Over Skadden Tie

A Delaware judge’s links to a major law firm should compel her to step aside from litigation challenging a $570 million payout by Apollo Global Management Inc. to its founders, according to court filings.

By Mike Leonard

Blackstone Lays Groundwork for Third Long-Term Buyout Fund

Blackstone Inc. has begun preparing to raise money for the third iteration of its private equity fund that holds assets for longer than its typical investments.

Goldman Says Bank’s ‘Human Assembly Lines’ Face Automation

Goldman Sachs Group Inc.’s use of artificial intelligence is helping the bank scale up without requiring much more hiring, according to President and Chief Operating Officer John Waldron.

US LNG Pioneer Charif Souki Vows He Will Never Go Public Again

Natural gas entrepreneur Charif Souki’s latest venture will remain closely held after his previous two companies pursued public offerings.

Matt Levine’s Money Stuff: EBay Won’t Play With GameStop

Matt Levine discusses the issues with GameStop’s bid to buy eBay, futures for computing power, Buzzfeed and Byron Allen, transfer restrictions on private shares and forward contracts, and what if AI takes over the ‘looking busy’ part of work.

Carillion Probe Ends as UK Audit Watchdog Fines Former Directors

The UK’s accounting watchdog has fined two former finance directors of Carillion Plc, marking what it called the end of its investigations into the construction giant whose 2018 collapse triggered demands for an overhaul of audit regulations.

Ryan Rohlfsen Joins Latham & Watkins Chicago White Collar Team

Ryan Rohlfsen joined Latham & Watkins as a partner in its white collar defense & investigations practice in Chicago, the firm announced Tuesday.

Akin Employs Four Sidley Private Equity Partners in NY, London

Gerald Brant, Jeffrey Kochian, Brittany Harrison and Jonathon Hamill joined Akin as partners in its private equity practice in New York and London, the firm announced Tuesday.

Anthropic Warns Investors to Avoid Certain Secondary Markets

Anthropic PBC identified a number of secondary marketplaces as unauthorized sellers of the company’s shares, telling investors that buying the stock won’t work.