London Managing Partner Aymen Mahmoud spoke with City AM about the growth of securities litigation in the United Kingdom as third-party litigation funding becomes increasingly prominent.

Aymen pointed to London’s combination of deep capital markets, sophisticated institutional investors, an established disputes system, and a growing litigation funding ecosystem as factors shaping the market.

“The direction of travel in securities litigation is increasingly clear,” Aymen said.

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In a recent PitchBook article examining the slowdown in dividend recapitalizations in 2026, Stephanie McCann discusses how a challenging exit environment could drive renewed activity in the months ahead. Dividend recapitalizations are down roughly 40% year-over-year, as private equity sponsors have generally prioritized financing for add-on acquisitions and lenders have become more selective in certain sectors.

With the M&A market remaining difficult and sponsors looking for alternative ways to generate liquidity for investors, Stephanie expects dividend recap activity to pick up following the summer.

London Office Managing Partner and European Head of Finance Aymen Mahmoud and Partner Priya Taneja co-authored an IFLR article examining India’s growing appeal to private capital investors and the increasingly sophisticated structuring required to deploy capital effectively.

The authors highlight opportunities across manufacturing, digital infrastructure, energy, healthcare and private credit, while noting that regulatory, financing, governance and exit considerations are becoming increasingly interconnected.

They explain that successful investment in India requires coordination across legal, regulatory, tax and financing disciplines, as well as close collaboration between advisers with deep local knowledge and international cross-border experience.

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Partner Milo Molfa spoke with Commercial Dispute Resolution  about a Phase 1 ICC arbitration award in favor of MAIRE entities Tecnimont and MT Russia in their dispute with EuroChem North-West 2.

The tribunal awarded the claimants approximately €260 million and dismissed EuroChem’s counterclaims for approximately €1.6 billion. The arbitration will now move to Phase 2, which will address further injunctive and compensatory relief.

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Partner Kalish Mullen spoke with Le Nouvel Economiste about the LBO financing market and what management teams should consider when negotiating financing amid higher borrowing costs and economic uncertainty.

Kalish said strong market liquidity is giving quality borrowers greater scope to negotiate financing terms, but management teams should pay close attention to financial covenants and ensure they retain sufficient flexibility around EBITDA calculations.

He also emphasized the importance of management teams actively reviewing financing terms between signing and closing, including provisions affecting future acquisitions and certainty of funds.

“In times of high economic uncertainty, it is better not to leave anything to chance,” Kalish said.

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In a recent Chief Investment Officer article, Peter Naismith discussed how family offices are taking a more active and selective approach to private markets, with many increasingly considering direct investments, co-investments and customized investment structures.

Peter noted that family offices with the resources to take a more hands-on approach may favor structures that offer greater flexibility and control.

“Families are becoming more interested in separately managed accounts,” Peter said. “If they have the resources that allow them to pursue that option with a manager, they tend to prefer that over a commingled fund. In some cases, it can give them more rights in terms of liquidity or termination.”

He also highlighted the continued customization within private credit, which can require family offices to conduct careful diligence when evaluating potential fund investments.

For more of Peter’s insights on family office fund investing, read his additional commentary here.

In a recent Modern Healthcare article, Emily Cook discusses the importance maintaining eligibility documentation following CMS’s updated guidance on critical access hospital certification, which changes the scenarios when CMS will review eligibility and decertify critical access hospitals.

Sarah Raaii, Jayda Greco, and Haley Dow authored a PLANSPONSOR article examining how employers are approaching coverage of GLP-1 medications amid rising participant demand.

The article walks through the costs and tradeoffs plan sponsors face — from near-term pharmacy spend versus potential long-term medical savings, to compliance considerations under the ACA, HIPAA, ERISA, and the tax code — and outlines several ways employers are structuring coverage today.

Partner Nick Fagge and counsel Elizabeth Spencer authored an International Tax Review article examining the UK Supreme Court’s landmark decision in HMRC v BlueCrest and its implications for limited liability partnerships (LLPs) relying on the “significant influence” test under the salaried members regime.

The authors explain that the decision clarifies that a member’s significant influence must derive from legally enforceable rights and duties under the LLP’s governing framework, rather than from de facto influence based on factors such as strong performance, financial contribution or client relationships. They also discuss the practical implications for investment manager LLPs, including the importance of executive committee participation and meaningful involvement in strategic or high-level decision-making.

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In a recent Law360 article reviewing US District Judge Alan Albright’s more than 50 patent trials before his departure from the bench, Syed Fareed discusses what made the Waco court’s approach to speed and efficiency distinctive.

Syed said Judge Albright’s ability to move complex, multi-patent cases to resolution far faster benefited plaintiffs and defendants alike and noted that other courts handling significant patent litigation can take years just to resolve claim construction, with trial sometimes another few years beyond that.