Partner Theodore A. Keyes authored an article, “Delaware Superior Court Holds That SEC Disgorgement Is not Excluded as a Penalty nor Uninsurable as a Matter of Law,” published in the New York Law Journal Insurance Law column. The article examines the Delaware Superior Court’s decision holding that SEC disgorgement was not excluded as a civil penalty nor uninsurable as a matter of law, and discusses the policy language and legal principles underlying the court’s ruling.

Read full article.

HR Leader recently featured Todd Solomon’s insights on the growing focus on employee wellbeing and mental health in the workplace. The article explored how employers around the world are adapting to evolving workforce expectations and increasing regulatory attention to psychosocial risks.

Todd noted that “questions around mental health are increasingly moving into the core of workplace regulation,” highlighting that employers are facing greater expectations to assess and address workplace stress and wellbeing concerns.

His comments underscore the broader shift toward treating employee wellbeing as a key business and compliance priority as workplace regulations continue to evolve globally.

Bloomberg recently featured Kelly Koscuiszka’s insights on the growing use of “buyside alpha” programs, where some of the industry’s largest hedge funds are paying smaller investment managers for trading ideas as they seek new sources of investment intelligence and talent.

Kelly explains that interest in these programs has accelerated in recent months as more investment managers grow comfortable participating. “Buyside programs have gotten a lot more popular as of late, particularly in the past six months,” she notes, adding that contributors increasingly recognize that, “if done correctly, it doesn’t harm the other clients they advise.”

Her comments highlight the evolving dynamics of the hedge fund industry, where capital has become increasingly concentrated among the largest multistrategy firms while smaller managers continue to explore new ways to diversify revenue and build relationships with potential allocators. As these programs expand, Kelly’s perspective underscores the importance of structuring them thoughtfully to balance commercial opportunities with fiduciary and compliance considerations.

Private Funds CFO recently featured Kelly Koscuiszka’s insights on how private fund managers are using compliance “chaperones” to help manage material non-public information (MNPI) risks during expert network calls, as firms balance evolving regulatory expectations with increasingly sophisticated investment research.

Kelly explains that while a chaperone cannot completely prevent the disclosure of MNPI, “its presence on the call is about deterrence.” She notes that compliance professionals can intervene when conversations begin to approach sensitive territory and help firms take appropriate follow-up actions if MNPI is disclosed.

Looking ahead, Kelly also highlights how technology is reshaping compliance oversight. As expert network discussions become more specialized, she observes that “the calls tend to be very technical,” making effective monitoring increasingly challenging. At the same time, AI-enabled tools are expanding firms’ ability to review a greater number of calls as part of their compliance programs.

LP Allocator recently covered McDermott Will & Schulte’s inaugural Emerging Managers and Independent Sponsors Forum in two articles featuring insights from partner Ian Schwartz, alongside other leading investors and industry participants, on fundraising, independent sponsors and lower middle market investing.

The coverage highlights a common theme from the event: while today’s fundraising environment remains highly competitive, investors continue to back managers with differentiated strategies, institutional-quality platforms and a clear value proposition.

Read the two articles:

• Emerging manager fundraising do’s and don’ts
• Siguler Guff co-founder explains big bet on US lower middle market

International law firm McDermott Will & Schulte is pleased to announce the publication of Ten Years of the GDPR – A Milestone in EU Data Regulation, a new casebook examining the evolution of European data protection law over the past decade. The casebook features chapters authored by McDermott’s Data, Privacy and Cybersecurity partners Pilar Arzuaga and Natallia Karniyevich, and associate Katelyn Ringrose.

In the casebook, McDermott’s attorneys explore key tenets of the General Data Protection Regulation (the GDPR), specifically diving into Article 5 (Purpose limitation and further processing), Article 6 (The Principle of data minimisation), and Article 17 (The Right to Erasure, also known as the “Right to be Forgotten”).

Published to mark the GDPR’s 10th anniversary, the volume brings together contributors from industry, legal practice, public authorities, the judiciary, and academia to discuss selected court decisions, regulatory guidance, and developments in European data law.

View the Casebook

Visit McDermott’s Data, Privacy & Cybersecurity Center

About McDermott Will & Schulte

Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,700+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.

An article authored by Aymen Mahmoud (London), partner and European head of finance, partner Kalish Mullen (Paris), and senior associate William Gibson-Dancer (London) was published in Global Turnaround. The article provides an analysis of the current state of the European private credit market as we progress into the second half of the year.

This article first appeared in the June issue of Global Turnaround. Global Turnaround is the leading source of market intelligence for the restructuring and bankruptcy industry and is read in over 70 countries. To find out more, go to www.globalturnaround.com/