Proskauer

NEW YORK, July 13, 2026 – Proskauer advised APA Hotel Co., Ltd., Japan’s largest hotel group, on its acquisition of 'Kimpton La Peer' in West Hollywood, Los Angeles, California. The transaction was executed on July 7, 2026 through its fully owned subsidiary, APA Hotel USA, Inc. (Delaware, USA).

NEW YORK, July 13, 2026 – Proskauer advised Acorn Capital Management and its portfolio company Sentry Aerospares (“Sentry”) in connection with Sentry’s acquisition of AirStart Inc., a leading independent stocking distributor of rotable aircraft components with a strong focus on regional platforms and a recognized leader in the Canadian market.

NEW YORK, July 10, 2026 – Proskauer advised Oak Hill Advisors (OHA), as Administrative Agent and as Left Lead Arranger, and a consortium of lenders on a senior secured credit facility to Learfield to support the company’s acquisition by TPG Capital. Learfield is one of the largest at-scale commercial platforms in global sports. The partnership with TPG will provide Learfield with additional capital and resources to accelerate growth and innovation across its integrated platform.

Six years after Serta Simmons Bedding (“SSB”) executed its famous, non-ratable uptier liability management transaction, Judge Christopher Lopez of the United States Bankruptcy Court for the Southern District of Texas ruled that the majority, participating lenders breached the Credit Agreement’s pro rata sharing provision and awarded $261 million in damages (plus interest from the transaction date) to the excluded minority lenders.

Continuation funds now sit at the center of the private capital industry. They account for a growing share of secondary market volume and are now a well-established and legitimate exit route for high-quality assets. However, despite this growth, some processes stall or never formally launch. Successful launches are often distinguished by careful and considered early preparatory work, and this note sets out five questions every GP should be able to answer before moving from idea to market. 1.

BOSTON, July 8, 2026 – Proskauer today announced the launch of FutureReady, a multi-year commitment focused on helping communities prepare for the future of work. The launch took place at a breakfast event hosted by Proskauer's Boston office in partnership with Sport dans la Ville, a leading nonprofit organization that uses sport as a pathway to youth development, social inclusion, and future employment.

Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and international financial services regulation. Key Developments in June 2026: United Kingdom General Financial Services – Cross Sector 29 June – Consumer Duty: The FCA has published a consultation paper (CP26/23) on changes to the scope and proportionality of the consumer duty.

LOS ANGELES, July 8, 2026 – Proskauer is pleased to share that partners Gregory (Greg) Knopp and Anthony (Tony) Oncidi have been named to the Daily Journal’s 2026 list of Top Labor & Employment Lawyers, which honors leading attorneys in California who specialize in labor and employment litigation and counseling. As a partner in Proskauer’s Labor & Employment Department, Greg has defended companies in complex employment litigation in federal and state courts for more than 25 years.

On July 7, 2026, the Securities and Exchange Commission (the “SEC”) published its 2026 Unified Agenda of Regulatory and Deregulatory Actions (the “Reg Flex Agenda”).[i] Twice per year, Federal agencies, including the SEC, must publish an agenda of proposed rulemakings that they anticipate will have a substantial impact on the economy. The Reg Flex Agenda lists the SEC’s current rulemaking initiatives and reflects the SEC’s rulemaking priorities.

HMRC has published aconsultationon proposals to modernise the UK tax framework for distributions and repayments of capital made by companies to individual and trust shareholders. A key feature of the consultation is a proposal to align the income tax treatment of distributions made by UK and non-UK resident companies by bringing distributions from non-UK resident companies within the statutory distributions regime.