Featured Stories
Ropes and Gray: Patricia Lynch Explains in 9fin How Lawyers Help Structure Whole-business Securitizations to Survive Downturns
BOSTON, Massachusetts, Nov. 7 -- Ropes and Gray, a law firm, issued the following news:
* * *
Patricia Lynch Explains in 9fin How Lawyers Help Structure Whole-business Securitizations to Survive Downturns
November 6, 2026
Patricia Lynch, who leads the firm's U.S. securitization practice, explained in a 9fin article how lawyers can help ensure that a whole-business securitization can continue functioning if the parent company that set up the securitization files for bankruptcy.
"If it's a franchise business, you need someone to negotiate new agreements with new franchisees," said Patricia Lynch,
... Show Full Article
BOSTON, Massachusetts, Nov. 7 -- Ropes and Gray, a law firm, issued the following news:
* * *
Patricia Lynch Explains in 9fin How Lawyers Help Structure Whole-business Securitizations to Survive Downturns
November 6, 2026
Patricia Lynch, who leads the firm's U.S. securitization practice, explained in a 9fin article how lawyers can help ensure that a whole-business securitization can continue functioning if the parent company that set up the securitization files for bankruptcy.
"If it's a franchise business, you need someone to negotiate new agreements with new franchisees," said Patricia Lynch,an attorney with Ropes & Gray. "And so, on the legal side, we help the issuers and the bankers think about what mechanisms can be put in place to ensure that there is continuity of those services to defend against a potential bankruptcy at the level of the operating company."
* * *
Original text here: https://www.ropesgray.com/en/news-and-events/news/2026/11/patricia-lynch-explains-in-9fin-how-lawyers-help-structure-whole-business-securitizations
[Category: BizLaw/Legal]
Ropes & Gray Wins Pioneering Spirit Award at GRR Awards 2026
BOSTON, Massachusetts, Nov. 7 -- Ropes and Gray, a law firm, issued the following news:
* * *
Ropes & Gray Wins Pioneering Spirit Award at GRR Awards 2026
November 6, 2026
Ropes & Gray won the Pioneering Spirit Award at the GRR Awards 2026 for its work advising HG Vora Capital Management, LLC and Nantahala Capital Management, LLC as supporting noteholders on an innovative restructuring of Fossil (UK) Global Services Ltd., an English subsidiary of Nasdaq-listed Fossil Group, Inc.
The GRR Awards are dedicated to celebrating excellence in the global restructuring community.
The Pioneering Spirit
... Show Full Article
BOSTON, Massachusetts, Nov. 7 -- Ropes and Gray, a law firm, issued the following news:
* * *
Ropes & Gray Wins Pioneering Spirit Award at GRR Awards 2026
November 6, 2026
Ropes & Gray won the Pioneering Spirit Award at the GRR Awards 2026 for its work advising HG Vora Capital Management, LLC and Nantahala Capital Management, LLC as supporting noteholders on an innovative restructuring of Fossil (UK) Global Services Ltd., an English subsidiary of Nasdaq-listed Fossil Group, Inc.
The GRR Awards are dedicated to celebrating excellence in the global restructuring community.
The Pioneering SpiritAward recognizes a groundbreaking development in restructuring or insolvency practice, such as a bold or unprecedented move, an innovative strategy, or a legal tool tested for the first time.
The Fossil restructuring was the first in the UK market to combine an up-tiering solution with a single-class Part 26A restructuring plan sanctioned by the High Court, and the first time a U.S.-listed company restructured U.S.-governed debt outside the U.S.
* * *
Original text here: https://www.ropesgray.com/en/news-and-events/rankings-and-awards/2026/11/ropes-gray-wins-pioneering-spirit-award-at-grr-awards-2026
[Category: BizLaw/Legal]
Morgan Lewis Advises PGIM and LGT Capital Partners on $680 Million Private Credit Continuation Vehicle
PHILADELPHIA, Pennsylvania, Nov. 7 -- Morgan Lewis, a law firm, issued the following news release:
* * *
Morgan Lewis Advises PGIM and LGT Capital Partners on $680 Million Private Credit Continuation Vehicle
NEW YORK, November 6, 2026: Morgan Lewis advised PGIM, the asset management business of Prudential Financial, Inc., and LGT Capital Partners with their investment as co-lead investors in a $680 million private credit continuation vehicle managed by Tree Line Capital Partners, a San Francisco-based direct lender focused on the US lower middle market.
The continuation vehicle acquired a diversified
... Show Full Article
PHILADELPHIA, Pennsylvania, Nov. 7 -- Morgan Lewis, a law firm, issued the following news release:
* * *
Morgan Lewis Advises PGIM and LGT Capital Partners on $680 Million Private Credit Continuation Vehicle
NEW YORK, November 6, 2026: Morgan Lewis advised PGIM, the asset management business of Prudential Financial, Inc., and LGT Capital Partners with their investment as co-lead investors in a $680 million private credit continuation vehicle managed by Tree Line Capital Partners, a San Francisco-based direct lender focused on the US lower middle market.
The continuation vehicle acquired a diversifiedportfolio of senior secured, first-lien loans to more than 60 US lower middle market companies. The transaction provides liquidity to existing investors in several Tree Line direct lending funds.
The transaction underscores the growing importance of continuation vehicles as a liquidity solution in the evolving private credit secondaries market.
The Morgan Lewis team advising PGIM and LGT Capital Partners was led by partner Ted Craig, with partners Mark Opitz, Davis Truslow, Dan Nelson, Meghan McCarthy, and Marion Barish, and associates David Ambler, Paige Brown, Thomas Crociata, Thomas Turgeon, and Ian Tomesch.
* * *
URL: PGIM
* * *
Original text here: https://www.morganlewis.com/news/2026/11/morgan-lewis-advises-pgim-and-lgt-capital-partners-on-680-million-private-credit-continuation-vehicle
[Category: BizLaw/Legal]
Littler: Policy Week in Review - November 6, 2026
SAN FRANCISCO, California, Nov. 7 -- Littler, a law firm, issued the following news:
* * *
Policy Week in Review - November 6, 2026
Congressional and Administrative News
By Shannon Meade, Jim Paretti, Alex MacDonald, and Maury Baskin
November 6, 2026
At a Glance
The Policy Week in Review, prepared by Littler's Workplace Policy Institute (WPI), sets forth WPI's updates on federal legislation, regulations, and congressional activity affecting the workplace.
-
The Political Tides in Washington Are Shifting
The 2026 midterm election results will reshape the balance of power in Washington
... Show Full Article
SAN FRANCISCO, California, Nov. 7 -- Littler, a law firm, issued the following news:
* * *
Policy Week in Review - November 6, 2026
Congressional and Administrative News
By Shannon Meade, Jim Paretti, Alex MacDonald, and Maury Baskin
November 6, 2026
At a Glance
The Policy Week in Review, prepared by Littler's Workplace Policy Institute (WPI), sets forth WPI's updates on federal legislation, regulations, and congressional activity affecting the workplace.
-
The Political Tides in Washington Are Shifting
The 2026 midterm election results will reshape the balance of power in Washingtonwhen the 120th Congress convenes on January 3, 2027. Democrats will control the U.S. Senate and the House of Representatives. What does this new political realignment mean for workplace policy? Read here for Littler WPI's analysis.
DOL's Independent Contractor Final Rule Is Imminent
The White House Office of Information and Regulatory Affairs recently concluded its review of the Department of Labor's final rule regarding employee or independent contractor status under the Fair Labor Standards Act, Family and Medical Leave Act, and Migrant and Seasonal Agricultural Worker Protection Act. Barring substantial changes, it is expected that the final rule will mirror the proposed rule, which establishes a standard similar to the one the Department issued under the first Trump administration, i.e., it would simplify worker classification by focusing on two main factors--control over the work, and entrepreneurial opportunity. While other factors like amount of skill and degree of permanence of the relationship would still be relevant, they would usually be unnecessary when the two main factors point in the same direction. The final rule will likely have a 60-day effective date once published in the Federal Register.
Hearing on Nomination of EEOC General Counsel Scheduled for November 10
The Senate Health, Education, Labor, and Pensions Committee will hold a hearing on the nomination of Catherine Eschbach to be the general counsel of the Equal Employment Opportunity Commission (EEOC) on November 10 at 10:00AM. Eschbach currently serves as the EEOC's principal deputy general counsel and served previously as the director of the Office Federal Contract Compliance Programs (OFCCP) at the Department of Labor.
NLRB Appoints New Solicitor
The National Labor Relations Board (NLRB) announced the appointment of Amy Cocuzza, an attorney with years of experience at the NLRB, as its new solicitor. According to the release, Cocuzza will serve as the "the chief legal advisor and consultant to the entire Board on all questions of law regarding the Board's general operations and on major questions of law and policy concerning the adjudication of NLRB cases in the Courts of Appeals and the U.S. Supreme Court," as well as liaison from the Board to the general counsel.
* * *
Authors
Shannon Meade
Executive Director, Workplace Policy Institute
Washington, D.C.
smeade@littler.com
* * *
James A. Paretti
Shareholder
Washington, D.C.
jparetti@littler.com
* * *
Alexander T. MacDonald
Shareholder
Washington, D.C.
amacdonald@littler.com
* * *
Maury Baskin
Senior Counsel
Washington, D.C.
mbaskin@littler.com
* * *
Original text here: https://www.littler.com/news-analysis/asap/policy-week-review-november-6-2026
[Category: BizLaw/Legal]
Hooper, Lundy and Bookman: DEA Opens Path for Direct-to-Provider Delivery of Certain Controlled Substances
LOS ANGELES, California, Nov. 7 -- Hooper, Lundy and Bookman, a law firm, issued the following news:
* * *
DEA Opens Path for Direct-to-Provider Delivery of Certain Controlled Substances
11.06.26
Last week, the U.S. Drug Enforcement Agency ("DEA") issued non-binding guidance permitting a DEA-registered pharmacy to deliver certain controlled substances directly to an administering practitioner acting under the ultimate user's "power of attorney" ("POA").
This new pathway could ease logistical burdens for patients and providers, while facilitating more controlled handling of certain controlled
... Show Full Article
LOS ANGELES, California, Nov. 7 -- Hooper, Lundy and Bookman, a law firm, issued the following news:
* * *
DEA Opens Path for Direct-to-Provider Delivery of Certain Controlled Substances
11.06.26
Last week, the U.S. Drug Enforcement Agency ("DEA") issued non-binding guidance permitting a DEA-registered pharmacy to deliver certain controlled substances directly to an administering practitioner acting under the ultimate user's "power of attorney" ("POA").
This new pathway could ease logistical burdens for patients and providers, while facilitating more controlled handling of certain controlledsubstances and their safe delivery to a health care setting for administration. Providers and pharmacies should be mindful, however, that power of attorney requirements vary by state. Beyond these state-specific requirements, providers and pharmacies should consider incorporating appropriate safeguards and procedures to support compliant use of direct-to-provider delivery.
What has changed?
The Controlled Substances Act ("CSA") requires that a DEA-registered pharmacy dispense a prescribed controlled substance directly to the "ultimate user," typically the patient for whom the controlled substance is prescribed. 21 U.S.C. Sec. 802(10) & (27).
The DEA has now clarified an additional pathway for satisfying this requirement when a prescribed controlled substance is delivered directly to an administering practitioner. Pursuant to the new guidance, the ultimate user may use a POA to designate the administering practitioner (e.g., a physician, hospital, etc., defined in 21 U.S.C. Sec. 802(21)) as the ultimate user's agent for the limited purpose of accepting delivery of the prescribed controlled substance. Under this arrangement, the practitioner receives the controlled substance as the ultimate user's agent, rather than in the practitioner's capacity as a DEA registrant. The DEA states that the pathway is only available for controlled substances that either must, pursuant to FDA requirements, or should, for quality control or other reasons, be delivered to the administering practitioner for administration in a health care setting.
The CSA already permits the delivery of a Schedule III-V controlled substance to an administering practitioner--but only if the controlled substance is (1) administered by injection or implantation for the purpose of maintenance or detoxification treatment or (2) subject to a REMS (risk evaluation and mitigation strategy) with ETASU (elements to assure safe use), and other conditions are met. 21 U.S.C. Sec. 829a. The new guidance preserves those existing statutory pathways but provides an additional POA-based pathway that is not expressly limited to Schedule III-V controlled substances. Accordingly, the new pathway may also be available for Schedule II controlled substances that satisfy the guidance's criteria.
Why is this important?
The CSA's strict delivery requirements serve as important safeguards against diversion. But they create logistical challenges for patients prescribed controlled substances, especially when patients need to transport sensitive products to a health care setting for administration. Those logistical burdens are exacerbated--and the risk for mishandling increased--for controlled substances that must be maintained at particular temperatures or that require careful handling. Direct delivery to the practitioner could help to minimize these logistical burdens, maintain controlled storage of these products, and reduce the risk of theft or diversion.
What does this mean for practitioners and pharmacies?
Administering Practitioners: The DEA guidance does not establish parameters for a qualifying POA beyond requiring that it comply with state law. Administering practitioners should engage legal counsel to ensure that the POA satisfies applicable state law requirements and to determine the appropriate retention period for the POA records.
Administering practitioners should also implement procedures to keep controlled substances received pursuant to a POA separate from controlled substances held under the practitioner's DEA registration. Because the practitioner receives the medication as the patient's agent rather than as a DEA registrant, providers should also develop procedures for handling unwanted or waste medication consistent with DEA's ultimate-user disposal requirements. Practitioners must comply with all other applicable requirements of the CSA and its implementing regulations governing prescribing, handling, and administering controlled substances.
Pharmacies: The DEA guidance reiterates that DEA-registered pharmacies must continue to comply with all CSA and DEA regulatory requirements, including those related to proper dispensing of valid prescriptions. To use this new POA pathway, DEA pharmacies must maintain records that document direct-to-provider delivery, including the practitioner's name and the address to which the controlled substance was delivered. Pharmacies should consult legal counsel to understand state-specific POA requirements and applicable record-retention periods and establish procedures for verifying the existence and validity of the POA prior to dispensing.
* * *
Hooper Lundy & Bookman can assist practitioners and pharmacies in developing and implementing policies and procedures to ensure compliant use of this new delivery pathway. For more information or assistance, please reach out to Caitlin Callahan, Alicia Macklin, Nina Marsden, or your regular Hooper, Lundy & Bookman contact.
* * *
Original text here: https://hooperlundy.com/dea-opens-path-for-direct-to-provider-delivery-of-certain-controlled-substances/
[Category: BizLaw/Legal]
Cooley Advised Dropbox on Agreement to Acquire Tigris Data
PALO ALTO, California, Nov. 7 -- Cooley, a law firm, issued the following news release:
* * *
Cooley Advised Dropbox on Agreement to Acquire Tigris Data
November 6, 2026
Cooley advised Dropbox, a content and collaboration platform that's transforming the way people work together, on its agreement to acquire Tigris Data, a globally distributed object storage platform built for AI workloads. The acquisition will accelerate Dropbox's expansion into AI infrastructure for companies and developers.
The transaction was announced publicly in this press release.
Ben Beerle, Caitlin Cunningham, Raphael
... Show Full Article
PALO ALTO, California, Nov. 7 -- Cooley, a law firm, issued the following news release:
* * *
Cooley Advised Dropbox on Agreement to Acquire Tigris Data
November 6, 2026
Cooley advised Dropbox, a content and collaboration platform that's transforming the way people work together, on its agreement to acquire Tigris Data, a globally distributed object storage platform built for AI workloads. The acquisition will accelerate Dropbox's expansion into AI infrastructure for companies and developers.
The transaction was announced publicly in this press release.
Ben Beerle, Caitlin Cunningham, RaphaelDavidian and Allie Pilmer led the Cooley team advising Dropbox.
Todd Gluth, Charles Haley, Scott McCall, Karun Ahuja, Andrew Epstein, Megan Drill, Makesi Buddy, Christopher Suhler, Joy Chow, Allison Nostdahl, Jennifer Ok, Jeremy Morrison, Stella Sarma and Rubin Waranch provided invaluable support.
Cooley previously advised Dropbox on its acquisitions of Reclaim.ai, Promoted.ai, Formswift, DocSend and CommandE.
* * *
About Cooley LLP
Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation.
Cooley has nearly 1,400 lawyers across 19 offices in the United States, Asia and Europe, and a total workforce of more than 3,000 people.
* * *
Original text here: https://www.cooley.com/news/coverage/2026/2026-11-06-cooley-advised-dropbox-on-agreement-to-acquire-tigris-data
[Category: BizLaw/Legal]
Clark Hill: Updated Competitive Bidding Thresholds for Michigan Schools
BIRMINGHAM, Michigan, Nov. 7 -- Clark Hill, a law firm, issued the following news:
* * *
Updated Competitive Bidding Thresholds for Michigan Schools
November 6, 2026
Author
Jeremy S. Motz
In accordance with Sections 1267 and 1274 of the Michigan Revised School Code, MCL 380.1267 and MCL 380.1274, the Michigan Department of Education (MDE) has issued its annual memorandum to establish the competitive bidding thresholds for Michigan Public Schools for fiscal year (FY) 2026-2027. A copy of the memorandum can be found here.
The new competitive bidding threshold is $32,306 and applies to all
... Show Full Article
BIRMINGHAM, Michigan, Nov. 7 -- Clark Hill, a law firm, issued the following news:
* * *
Updated Competitive Bidding Thresholds for Michigan Schools
November 6, 2026
Author
Jeremy S. Motz
In accordance with Sections 1267 and 1274 of the Michigan Revised School Code, MCL 380.1267 and MCL 380.1274, the Michigan Department of Education (MDE) has issued its annual memorandum to establish the competitive bidding thresholds for Michigan Public Schools for fiscal year (FY) 2026-2027. A copy of the memorandum can be found here.
The new competitive bidding threshold is $32,306 and applies to allconstruction, renovation, repair, or remodeling of school buildings (Section 1267), as well as the purchase of supplies, materials, and equipment (Section 1274) for Michigan public schools.
This new limit remains in effect until the MDE issues its memorandum for the next fiscal year.
If you have any questions about these or other issues in connection with school purchasing, construction, and procurements, please contact Jeremy S. Motz at jmotz@clarkhill.com | 248.988.5895, or another member of Clark Hill's Education Law team.
* * *
This publication is intended for general informational purposes only and does not constitute legal advice or a solicitation to provide legal services. The information in this publication is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. Readers should not act upon this information without seeking professional legal counsel. The views and opinions expressed herein represent those of the individual author only and are not necessarily the views of Clark Hill PLC. Although we attempt to ensure that postings on our website are complete, accurate, and up to date, we assume no responsibility for their completeness, accuracy, or timeliness.
* * *
Original text here: https://www.clarkhill.com/news-events/news/michigan-school-bidding-threshold-2026-27/
[Category: BizLaw/Legal]
