Finance Law and Banking Law

The U.S. Treasury Department and IRS have issued new proposed regulations addressing transition relief and grandfathering provisions for foreign government investors under Section 892.

The IRS and Treasury have released new proposed regulations under Section 892, revising applicability dates for previously proposed rules from 2025 that govern debt acquisitions and the "effective control" standard for foreign government investments. These revised dates include transition rules designed to protect existing and committed investments from the more stringent 2025 standards, while the preamble signals potential substantive changes to address market concerns.

Debt Finance partner Raquel Smith joins hosts Laura Cicirelli and Eric Weiner to discuss venture debt facilities, unpacking key terms founders should understand including common red flags, covenants, and events of default. The conversation explores building strong relationships within the venture debt ecosystem and examines the broader risks, strategic considerations, and potential pitfalls associated with venture debt financings.

Cadwalader's real estate finance team has successfully closed several major transactions spanning student housing portfolios, luxury resort acquisitions, office complex refinancings, industrial warehouse facilities, and cold-storage properties. These deals range from $39.25 million to $1.435 billion and involve diverse property types across multiple states, demonstrating the firm's comprehensive capabilities in commercial real estate lending and acquisition financing.

When an equipment lender funded a borrower's purchase without properly documenting its collateral rights, it found itself without recourse in bankruptcy court. The Delaware bankruptcy court's ruling in Wingspire...

California's Office of Health Care Affordability has released proposed draft regulations that would dramatically expand transaction reporting requirements for management services organizations, private equity groups...

Federal banking agencies have issued revised model risk management guidance in SR 26-2, introducing a more explicitly risk-based approach to model governance, validation, and monitoring. While primarily targeting organizations with over $30 billion in assets, the principles-based framework has broader implications for regional and community banks navigating evolving regulatory expectations.

The transition from PSD2 to PSD3, accompanied by the directly applicable Payment Services Regulation, represents more than a legislative update, it reflects a strategic shift in the EU's approach to payments regulation.

Capital. It is first in the CAMELS (capital, assets, management capability, earnings, liquidity, and sensitivity) acronym and often first in many community bankers’ hearts. Its place of prominence within community...

Partner Craig Garvey provides essential guidance for founders navigating the complex landscape of testing-the-waters meetings before an initial public offering. The article examines critical compliance requirements, disclosure obligations, and strategies for managing investor communications while avoiding potential SEC scrutiny during the IPO process.

With innovation in technology, artificial intelligence, defense, and life sciences driving investor demand, Israeli companies are poised to capitalize on a strengthening US IPO market in 2026.

The private equity exit market shows signs of recovery with increased deal volume in early 2026, though conditions remain far from the pre-pandemic norm. Strategic buyers pursue selective opportunities while public markets reopen cautiously, forcing sophisticated sponsors to fundamentally rethink their approach to liquidity planning throughout the investment lifecycle rather than concentrating exit strategies near the end of hold periods.