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Banc Of California, PacWest Combine Forces With Aim To Create 'Robust, Well-Capitalized' Institution

Benzinga

Banc of California, Inc. NYSE: BANC ) and PacWest Bancorp (NASDAQ: PACW ) shares were volatile in after-hours trading Tuesday after a merger between the companies was announced. PacWest will merge into Banc of California, and Banc of California, N.A.

Banking 98
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PacWest Bancorp and Banc of California Receive Final Regulatory Approval for Merger

Benzinga

19, 2023 (GLOBE NEWSWIRE) -- PacWest Bancorp ("PacWest") (NASDAQ: PACW ) today announced that the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of PacWest and Banc of California, Inc. About Banc of California, Inc. Banc of California, Inc.

Banking 40
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Banc of California and PacWest Announce Transformational Merger and $400 Million Equity Raise from Warburg Pincus and Centerbridge

Benzinga

July 25, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc. July 25, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc. Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, PacWest will merge into Banc of California, and Banc of California, N.A.

Equity 40
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Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update

Reynolds Holding

The number of securities lawsuits filed since January has remained steady compared to the first half of 2021. We have already seen many notable developments in securities law this year. SPAC and crypto-related filings continue to be a focus of plaintiffs’ attorneys, even as the nature of these suits continues to evolve. B. Settlement Trends.

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Wachtell Lipton Discusses Important Supreme Court Business Cases

Reynolds Holding

Last Thursday, the Supreme Court concluded its most tumultuous Term in recent memory. The Term was marked by a number of closely divided decisions on contentious issues ranging from President Biden’s vaccination mandate to gun rights to religious liberty. The showstopping exception was last week’s decision in West Virginia v. Domestic Arbitration.

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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

We also provide an update on the status of mandatory federal forum provisions in the Ninth and Seventh Circuits and in the State of California. We also provide an update on the status of mandatory federal forum provisions in the Ninth and Seventh Circuits and in the State of California. In particular, the Second Circuit in SEC v.