CINXE.COM

<!DOCTYPE html> <html lang="en"> <head> <meta charset="utf-8"> <meta name="csrf-param" content="authenticity_token" /> <meta name="csrf-token" content="ZtMbfMFtME5A_rO0EyxjsuMt1BlxPB2rLCvqaXou2xOKRbRClOJoWoEVeNJd1Fj8TZE_l5Wudi2IgPoqIJLIzw" />  <script type="text/javascript" src="https://cdn.cookielaw.org/consent/e84eaf2a-776d-4c82-aa6b-f01a22f98238/OtAutoBlock.js"></script> <script src="https://cdn.cookielaw.org/scripttemplates/otSDKStub.js" type="text/javascript" charset="UTF-8" data-domain-script="e84eaf2a-776d-4c82-aa6b-f01a22f98238"></script> <script type="text/javascript"> function OptanonWrapper() { const acceptBtn = document.getElementById("accept-recommended-btn-handler"); const rejectAllBtn = document.querySelector(".ot-pc-refuse-all-handler"); const confirmBtn = document.querySelector(".save-preference-btn-handler"); const buttons = [acceptBtn, rejectAllBtn, confirmBtn].filter(element => element !== null && element !== undefined); const bottomBtnWrapper = document.querySelector(".ot-btn-container"); if (bottomBtnWrapper) { bottomBtnWrapper.style.display = "flex"; bottomBtnWrapper.style.justifyContent = "center"; bottomBtnWrapper.style.flexWrap = "wrap"; if (acceptBtn) acceptBtn.style.marginRight = "10px"; } buttons.forEach(button => { if (bottomBtnWrapper) bottomBtnWrapper.appendChild(button); button.addEventListener('click', handleCookieConsentChange); }); } function handleCookieConsentChange() { const disableGAProperty = "ga-disable-G-03RG29TNXP"; const matomoReady = window["_paq"] !== undefined && window["_paq"] !== null; if (!window.OnetrustActiveGroups.includes(2)) { window[disableGAProperty] = true; if (matomoReady) _paq.push(['optUserOut']); } else { window[disableGAProperty] = false; if (matomoReady) _paq.push(['forgetUserOptOut']); } } function launchCookieManager() { var otConsentSdk = document.getElementById("onetrust-consent-sdk"); if (otConsentSdk) otConsentSdk.remove(); window.OneTrust.Init() window.OneTrust.LoadBanner(); window.OneTrust.ToggleInfoDisplay(); } </script>  <style> #onetrust-banner-sdk { background: #f3f3f3 !important; } .cookie-setting-link { background: #f3f3f3 !important; } .pc-logo, .ot-pc-logo img { content:url(https://static.law360news.com/images/Law360-Pos_glow@2x.png); } #onetrust-pc-sdk.otPcCenter { max-width: 730px !important; } #onetrust-pc-sdk button { height: 40px !important; } button#accept-recommended-btn-handler { margin-bottom: 0px !important; } button.save-preference-btn-handler { margin-right: 10px !important; } #onetrust-pc-sdk .ot-pc-footer { overflow: scroll; } .ot-pc-footer button { margin-top: 10px !important; } </style> <meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1"> <script type="text/javascript">window.NREUM||(NREUM={});NREUM.info={"beacon":"bam.nr-data.net","errorBeacon":"bam.nr-data.net","licenseKey":"d4a97ca1fb","applicationID":"508316","transactionName":"IV9fTEpXD1lXEBoWVAFEWFdWS0xGWg1C","queueTime":0,"applicationTime":20,"agent":""}</script> <script type="text/javascript">(window.NREUM||(NREUM={})).init={ajax:{deny_list:["bam.nr-data.net"]}};(window.NREUM||(NREUM={})).loader_config={xpid:"VQcFVldUGwYAXFJTAQ==",licenseKey:"d4a97ca1fb",applicationID:"508316"};;/*! For license information please see nr-loader-full-1.285.0.min.js.LICENSE.txt */ (()=>{var e,t,r={8122:(e,t,r)=>{"use strict";r.d(t,{a:()=>i});var n=r(944);function i(e,t){try{if(!e||"object"!=typeof e)return(0,n.R)(3);if(!t||"object"!=typeof t)return(0,n.R)(4);const r=Object.create(Object.getPrototypeOf(t),Object.getOwnPropertyDescriptors(t)),o=0===Object.keys(r).length?e:r;for(let a in o)if(void 0!==e[a])try{if(null===e[a]){r[a]=null;continue}Array.isArray(e[a])&&Array.isArray(t[a])?r[a]=Array.from(new Set([...e[a],...t[a]])):"object"==typeof e[a]&&"object"==typeof t[a]?r[a]=i(e[a],t[a]):r[a]=e[a]}catch(e){(0,n.R)(1,e)}return r}catch(e){(0,n.R)(2,e)}}},2555:(e,t,r)=>{"use strict";r.d(t,{Vp:()=>c,fn:()=>s,x1:()=>u});var n=r(384),i=r(8122);const o={beacon:n.NT.beacon,errorBeacon:n.NT.errorBeacon,licenseKey:void 0,applicationID:void 0,sa:void 0,queueTime:void 0,applicationTime:void 0,ttGuid:void 0,user:void 0,account:void 0,product:void 0,extra:void 0,jsAttributes:{},userAttributes:void 0,atts:void 0,transactionName:void 0,tNamePlain:void 0},a={};function s(e){try{const t=c(e);return!!t.licenseKey&&!!t.errorBeacon&&!!t.applicationID}catch(e){return!1}}function c(e){if(!e)throw new Error("All info objects require an agent identifier!");if(!a[e])throw new Error("Info for ".concat(e," was never set"));return a[e]}function u(e,t){if(!e)throw new Error("All info objects require an agent identifier!");a[e]=(0,i.a)(t,o);const r=(0,n.nY)(e);r&&(r.info=a[e])}},9417:(e,t,r)=>{"use strict";r.d(t,{D0:()=>h,gD:()=>p,xN:()=>g});var n=r(3333);const i=e=>{if(!e||"string"!=typeof e)return!1;try{document.createDocumentFragment().querySelector(e)}catch{return!1}return!0};var o=r(2614),a=r(944),s=r(384),c=r(8122);const u="[data-nr-mask]",d=()=>{const e={feature_flags:[],experimental:{marks:!1,measures:!1,resources:!1},mask_selector:"*",block_selector:"[data-nr-block]",mask_input_options:{color:!1,date:!1,"datetime-local":!1,email:!1,month:!1,number:!1,range:!1,search:!1,tel:!1,text:!1,time:!1,url:!1,week:!1,textarea:!1,select:!1,password:!0}};return{ajax:{deny_list:void 0,block_internal:!0,enabled:!0,autoStart:!0},distributed_tracing:{enabled:void 0,exclude_newrelic_header:void 0,cors_use_newrelic_header:void 0,cors_use_tracecontext_headers:void 0,allowed_origins:void 0},get feature_flags(){return e.feature_flags},set feature_flags(t){e.feature_flags=t},generic_events:{enabled:!0,autoStart:!0},harvest:{interval:30},jserrors:{enabled:!0,autoStart:!0},logging:{enabled:!0,autoStart:!0},metrics:{enabled:!0,autoStart:!0},obfuscate:void 0,page_action:{enabled:!0},page_view_event:{enabled:!0,autoStart:!0},page_view_timing:{enabled:!0,autoStart:!0},performance:{get capture_marks(){return e.feature_flags.includes(n.$v.MARKS)||e.experimental.marks},set capture_marks(t){e.experimental.marks=t},get capture_measures(){return e.feature_flags.includes(n.$v.MEASURES)||e.experimental.measures},set capture_measures(t){e.experimental.measures=t},capture_detail:!0,resources:{get enabled(){return e.feature_flags.includes(n.$v.RESOURCES)||e.experimental.resources},set enabled(t){e.experimental.resources=t},asset_types:[],first_party_domains:[],ignore_newrelic:!0}},privacy:{cookies_enabled:!0},proxy:{assets:void 0,beacon:void 0},session:{expiresMs:o.wk,inactiveMs:o.BB},session_replay:{autoStart:!0,enabled:!1,preload:!1,sampling_rate:10,error_sampling_rate:100,collect_fonts:!1,inline_images:!1,fix_stylesheets:!0,mask_all_inputs:!0,get mask_text_selector(){return e.mask_selector},set mask_text_selector(t){i(t)?e.mask_selector="".concat(t,",").concat(u):""===t||null===t?e.mask_selector=u:(0,a.R)(5,t)},get block_class(){return"nr-block"},get ignore_class(){return"nr-ignore"},get mask_text_class(){return"nr-mask"},get block_selector(){return e.block_selector},set block_selector(t){i(t)?e.block_selector+=",".concat(t):""!==t&&(0,a.R)(6,t)},get mask_input_options(){return e.mask_input_options},set mask_input_options(t){t&&"object"==typeof t?e.mask_input_options={...t,password:!0}:(0,a.R)(7,t)}},session_trace:{enabled:!0,autoStart:!0},soft_navigations:{enabled:!0,autoStart:!0},spa:{enabled:!0,autoStart:!0},ssl:void 0,user_actions:{enabled:!0,elementAttributes:["id","className","tagName","type"]}}},l={},f="All configuration objects require an agent identifier!";function h(e){if(!e)throw new Error(f);if(!l[e])throw new Error("Configuration for ".concat(e," was never set"));return l[e]}function g(e,t){if(!e)throw new Error(f);l[e]=(0,c.a)(t,d());const r=(0,s.nY)(e);r&&(r.init=l[e])}function p(e,t){if(!e)throw new Error(f);var r=h(e);if(r){for(var n=t.split("."),i=0;i<n.length-1;i++)if("object"!=typeof(r=r[n[i]]))return;r=r[n[n.length-1]]}return r}},5603:(e,t,r)=>{"use strict";r.d(t,{a:()=>c,o:()=>s});var n=r(384),i=r(8122);const o={accountID:void 0,trustKey:void 0,agentID:void 0,licenseKey:void 0,applicationID:void 0,xpid:void 0},a={};function s(e){if(!e)throw new Error("All loader-config objects require an agent identifier!");if(!a[e])throw new Error("LoaderConfig for ".concat(e," was never set"));return a[e]}function c(e,t){if(!e)throw new Error("All loader-config objects require an agent identifier!");a[e]=(0,i.a)(t,o);const r=(0,n.nY)(e);r&&(r.loader_config=a[e])}},3371:(e,t,r)=>{"use strict";r.d(t,{V:()=>f,f:()=>l});var n=r(8122),i=r(384),o=r(6154),a=r(9324);let s=0;const c={buildEnv:a.F3,distMethod:a.Xs,version:a.xv,originTime:o.WN},u={customTransaction:void 0,disabled:!1,isolatedBacklog:!1,loaderType:void 0,maxBytes:3e4,onerror:void 0,ptid:void 0,releaseIds:{},appMetadata:{},session:void 0,denyList:void 0,timeKeeper:void 0,obfuscator:void 0,harvester:void 0},d={};function l(e){if(!e)throw new Error("All runtime objects require an agent identifier!");if(!d[e])throw new Error("Runtime for ".concat(e," was never set"));return d[e]}function f(e,t){if(!e)throw new Error("All runtime objects require an agent identifier!");d[e]={...(0,n.a)(t,u),...c},Object.hasOwnProperty.call(d[e],"harvestCount")||Object.defineProperty(d[e],"harvestCount",{get:()=>++s});const r=(0,i.nY)(e);r&&(r.runtime=d[e])}},9324:(e,t,r)=>{"use strict";r.d(t,{F3:()=>i,Xs:()=>o,Yq:()=>a,xv:()=>n});const n="1.285.0",i="PROD",o="CDN",a="^2.0.0-alpha.18"},6154:(e,t,r)=>{"use strict";r.d(t,{OF:()=>u,RI:()=>i,WN:()=>f,bv:()=>o,gm:()=>a,lR:()=>l,m:()=>c,mw:()=>s,sb:()=>d});var n=r(1863);const i="undefined"!=typeof window&&!!window.document,o="undefined"!=typeof WorkerGlobalScope&&("undefined"!=typeof self&&self instanceof WorkerGlobalScope&&self.navigator instanceof WorkerNavigator||"undefined"!=typeof globalThis&&globalThis instanceof WorkerGlobalScope&&globalThis.navigator instanceof WorkerNavigator),a=i?window:"undefined"!=typeof WorkerGlobalScope&&("undefined"!=typeof self&&self instanceof WorkerGlobalScope&&self||"undefined"!=typeof globalThis&&globalThis instanceof WorkerGlobalScope&&globalThis),s=Boolean("hidden"===a?.document?.visibilityState),c=""+a?.location,u=/iPad|iPhone|iPod/.test(a.navigator?.userAgent),d=u&&"undefined"==typeof SharedWorker,l=(()=>{const e=a.navigator?.userAgent?.match(/Firefox[/\s](\d+\.\d+)/);return Array.isArray(e)&&e.length>=2?+e[1]:0})(),f=Date.now()-(0,n.t)()},7295:(e,t,r)=>{"use strict";r.d(t,{Xv:()=>a,gX:()=>i,iW:()=>o});var n=[];function i(e){if(!e||o(e))return!1;if(0===n.length)return!0;for(var t=0;t<n.length;t++){var r=n[t];if("*"===r.hostname)return!1;if(s(r.hostname,e.hostname)&&c(r.pathname,e.pathname))return!1}return!0}function o(e){return void 0===e.hostname}function a(e){if(n=[],e&&e.length)for(var t=0;t<e.length;t++){let r=e[t];if(!r)continue;0===r.indexOf("http://")?r=r.substring(7):0===r.indexOf("https://")&&(r=r.substring(8));const i=r.indexOf("/");let o,a;i>0?(o=r.substring(0,i),a=r.substring(i)):(o=r,a="");let[s]=o.split(":");n.push({hostname:s,pathname:a})}}function s(e,t){return!(e.length>t.length)&&t.indexOf(e)===t.length-e.length}function c(e,t){return 0===e.indexOf("/")&&(e=e.substring(1)),0===t.indexOf("/")&&(t=t.substring(1)),""===e||e===t}},3241:(e,t,r)=>{"use strict";r.d(t,{W:()=>o});var n=r(6154);const i="newrelic";function o(e={}){try{n.gm.dispatchEvent(new CustomEvent(i,{detail:e}))}catch(e){}}},1687:(e,t,r)=>{"use strict";r.d(t,{Ak:()=>c,Ze:()=>l,x3:()=>u});var n=r(7836),i=r(3606),o=r(860),a=r(2646);const s={};function c(e,t){const r={staged:!1,priority:o.P3[t]||0};d(e),s[e].get(t)||s[e].set(t,r)}function u(e,t){e&&s[e]&&(s[e].get(t)&&s[e].delete(t),h(e,t,!1),s[e].size&&f(e))}function d(e){if(!e)throw new Error("agentIdentifier required");s[e]||(s[e]=new Map)}function l(e="",t="feature",r=!1){if(d(e),!e||!s[e].get(t)||r)return h(e,t);s[e].get(t).staged=!0,f(e)}function f(e){const t=Array.from(s[e]);t.every((([e,t])=>t.staged))&&(t.sort(((e,t)=>e[1].priority-t[1].priority)),t.forEach((([t])=>{s[e].delete(t),h(e,t)})))}function h(e,t,r=!0){const o=e?n.ee.get(e):n.ee,s=i.i.handlers;if(!o.aborted&&o.backlog&&s){if(r){const e=o.backlog[t],r=s[t];if(r){for(let t=0;e&&t<e.length;++t)g(e[t],r);Object.entries(r).forEach((([e,t])=>{Object.values(t||{}).forEach((t=>{t[0]?.on&&t[0]?.context()instanceof a.y&&t[0].on(e,t[1])}))}))}}o.isolatedBacklog||delete s[t],o.backlog[t]=null,o.emit("drain-"+t,[])}}function g(e,t){var r=e[1];Object.values(t[r]||{}).forEach((t=>{var r=e[0];if(t[0]===r){var n=t[1],i=e[3],o=e[2];n.apply(i,o)}}))}},7836:(e,t,r)=>{"use strict";r.d(t,{P:()=>c,ee:()=>u});var n=r(384),i=r(8990),o=r(3371),a=r(2646),s=r(5607);const c="nr@context:".concat(s.W),u=function e(t,r){var n={},s={},d={},l=!1;try{l=16===r.length&&(0,o.f)(r).isolatedBacklog}catch(e){}var f={on:g,addEventListener:g,removeEventListener:function(e,t){var r=n[e];if(!r)return;for(var i=0;i<r.length;i++)r[i]===t&&r.splice(i,1)},emit:function(e,r,n,i,o){!1!==o&&(o=!0);if(u.aborted&&!i)return;t&&o&&t.emit(e,r,n);for(var a=h(n),c=p(e),d=c.length,l=0;l<d;l++)c[l].apply(a,r);var g=v()[s[e]];g&&g.push([f,e,r,a]);return a},get:m,listeners:p,context:h,buffer:function(e,t){const r=v();if(t=t||"feature",f.aborted)return;Object.entries(e||{}).forEach((([e,n])=>{s[n]=t,t in r||(r[t]=[])}))},abort:function(){f._aborted=!0,Object.keys(f.backlog).forEach((e=>{delete f.backlog[e]}))},isBuffering:function(e){return!!v()[s[e]]},debugId:r,backlog:l?{}:t&&"object"==typeof t.backlog?t.backlog:{},isolatedBacklog:l};return Object.defineProperty(f,"aborted",{get:()=>{let e=f._aborted||!1;return e||(t&&(e=t.aborted),e)}}),f;function h(e){return e&&e instanceof a.y?e:e?(0,i.I)(e,c,(()=>new a.y(c))):new a.y(c)}function g(e,t){n[e]=p(e).concat(t)}function p(e){return n[e]||[]}function m(t){return d[t]=d[t]||e(f,t)}function v(){return f.backlog}}(void 0,"globalEE"),d=(0,n.Zm)();d.ee||(d.ee=u)},2646:(e,t,r)=>{"use strict";r.d(t,{y:()=>n});class n{constructor(e){this.contextId=e}}},9908:(e,t,r)=>{"use strict";r.d(t,{d:()=>n,p:()=>i});var n=r(7836).ee.get("handle");function i(e,t,r,i,o){o?(o.buffer([e],i),o.emit(e,t,r)):(n.buffer([e],i),n.emit(e,t,r))}},3606:(e,t,r)=>{"use strict";r.d(t,{i:()=>o});var n=r(9908);o.on=a;var i=o.handlers={};function o(e,t,r,o){a(o||n.d,i,e,t,r)}function a(e,t,r,i,o){o||(o="feature"),e||(e=n.d);var a=t[o]=t[o]||{};(a[r]=a[r]||[]).push([e,i])}},3878:(e,t,r)=>{"use strict";function n(e,t){return{capture:e,passive:!1,signal:t}}function i(e,t,r=!1,i){window.addEventListener(e,t,n(r,i))}function o(e,t,r=!1,i){document.addEventListener(e,t,n(r,i))}r.d(t,{DD:()=>o,jT:()=>n,sp:()=>i})},5607:(e,t,r)=>{"use strict";r.d(t,{W:()=>n});const n=(0,r(9566).bz)()},9566:(e,t,r)=>{"use strict";r.d(t,{LA:()=>s,ZF:()=>c,bz:()=>a,el:()=>u});var n=r(6154);const i="xxxxxxxx-xxxx-4xxx-yxxx-xxxxxxxxxxxx";function o(e,t){return e?15&e[t]:16*Math.random()|0}function a(){const e=n.gm?.crypto||n.gm?.msCrypto;let t,r=0;return e&&e.getRandomValues&&(t=e.getRandomValues(new Uint8Array(30))),i.split("").map((e=>"x"===e?o(t,r++).toString(16):"y"===e?(3&o()|8).toString(16):e)).join("")}function s(e){const t=n.gm?.crypto||n.gm?.msCrypto;let r,i=0;t&&t.getRandomValues&&(r=t.getRandomValues(new Uint8Array(e)));const a=[];for(var s=0;s<e;s++)a.push(o(r,i++).toString(16));return a.join("")}function c(){return s(16)}function u(){return s(32)}},2614:(e,t,r)=>{"use strict";r.d(t,{BB:()=>a,H3:()=>n,g:()=>u,iL:()=>c,tS:()=>s,uh:()=>i,wk:()=>o});const n="NRBA",i="SESSION",o=144e5,a=18e5,s={STARTED:"session-started",PAUSE:"session-pause",RESET:"session-reset",RESUME:"session-resume",UPDATE:"session-update"},c={SAME_TAB:"same-tab",CROSS_TAB:"cross-tab"},u={OFF:0,FULL:1,ERROR:2}},1863:(e,t,r)=>{"use strict";function n(){return Math.floor(performance.now())}r.d(t,{t:()=>n})},7485:(e,t,r)=>{"use strict";r.d(t,{D:()=>i});var n=r(6154);function i(e){if(0===(e||"").indexOf("data:"))return{protocol:"data"};try{const t=new URL(e,location.href),r={port:t.port,hostname:t.hostname,pathname:t.pathname,search:t.search,protocol:t.protocol.slice(0,t.protocol.indexOf(":")),sameOrigin:t.protocol===n.gm?.location?.protocol&&t.host===n.gm?.location?.host};return r.port&&""!==r.port||("http:"===t.protocol&&(r.port="80"),"https:"===t.protocol&&(r.port="443")),r.pathname&&""!==r.pathname?r.pathname.startsWith("/")||(r.pathname="/".concat(r.pathname)):r.pathname="/",r}catch(e){return{}}}},944:(e,t,r)=>{"use strict";function n(e,t){"function"==typeof console.debug&&console.debug("New Relic Warning: https://github.com/newrelic/newrelic-browser-agent/blob/main/docs/warning-codes.md#".concat(e),t)}r.d(t,{R:()=>n})},5701:(e,t,r)=>{"use strict";r.d(t,{B:()=>a,t:()=>s});var n=r(7836),i=r(3241);const o=new Set,a={};function s(e,t){const r=n.ee.get(t);a[t]??={},e&&"object"==typeof e&&(o.has(t)||(r.emit("rumresp",[e]),a[t]=e,o.add(t),(0,i.W)({agentIdentifier:t,loaded:!0,type:"lifecycle",name:"load",feature:void 0,data:e})))}},8990:(e,t,r)=>{"use strict";r.d(t,{I:()=>i});var n=Object.prototype.hasOwnProperty;function i(e,t,r){if(n.call(e,t))return e[t];var i=r();if(Object.defineProperty&&Object.keys)try{return Object.defineProperty(e,t,{value:i,writable:!0,enumerable:!1}),i}catch(e){}return e[t]=i,i}},6389:(e,t,r)=>{"use strict";function n(e,t=500,r={}){const n=r?.leading||!1;let i;return(...r)=>{n&&void 0===i&&(e.apply(this,r),i=setTimeout((()=>{i=clearTimeout(i)}),t)),n||(clearTimeout(i),i=setTimeout((()=>{e.apply(this,r)}),t))}}function i(e){let t=!1;return(...r)=>{t||(t=!0,e.apply(this,r))}}r.d(t,{J:()=>i,s:()=>n})},3304:(e,t,r)=>{"use strict";r.d(t,{A:()=>o});var n=r(7836);const i=()=>{const e=new WeakSet;return(t,r)=>{if("object"==typeof r&&null!==r){if(e.has(r))return;e.add(r)}return r}};function o(e){try{return JSON.stringify(e,i())??""}catch(e){try{n.ee.emit("internal-error",[e])}catch(e){}return""}}},5289:(e,t,r)=>{"use strict";r.d(t,{GG:()=>o,sB:()=>a});var n=r(3878);function i(){return"undefined"==typeof document||"complete"===document.readyState}function o(e,t){if(i())return e();(0,n.sp)("load",e,t)}function a(e){if(i())return e();(0,n.DD)("DOMContentLoaded",e)}},384:(e,t,r)=>{"use strict";r.d(t,{NT:()=>o,US:()=>d,Zm:()=>a,bQ:()=>c,dV:()=>s,nY:()=>u,pV:()=>l});var n=r(6154),i=r(1863);const o={beacon:"bam.nr-data.net",errorBeacon:"bam.nr-data.net"};function a(){return n.gm.NREUM||(n.gm.NREUM={}),void 0===n.gm.newrelic&&(n.gm.newrelic=n.gm.NREUM),n.gm.NREUM}function s(){let e=a();return e.o||(e.o={ST:n.gm.setTimeout,SI:n.gm.setImmediate,CT:n.gm.clearTimeout,XHR:n.gm.XMLHttpRequest,REQ:n.gm.Request,EV:n.gm.Event,PR:n.gm.Promise,MO:n.gm.MutationObserver,FETCH:n.gm.fetch,WS:n.gm.WebSocket}),e}function c(e,t){let r=a();r.initializedAgents??={},t.initializedAt={ms:(0,i.t)(),date:new Date},r.initializedAgents[e]=t}function u(e){let t=a();return t.initializedAgents?.[e]}function d(e,t){a()[e]=t}function l(){return function(){let e=a();const t=e.info||{};e.info={beacon:o.beacon,errorBeacon:o.errorBeacon,...t}}(),function(){let e=a();const t=e.init||{};e.init={...t}}(),s(),function(){let e=a();const t=e.loader_config||{};e.loader_config={...t}}(),a()}},2843:(e,t,r)=>{"use strict";r.d(t,{u:()=>i});var n=r(3878);function i(e,t=!1,r,i){(0,n.DD)("visibilitychange",(function(){if(t)return void("hidden"===document.visibilityState&&e());e(document.visibilityState)}),r,i)}},8139:(e,t,r)=>{"use strict";r.d(t,{u:()=>f});var n=r(7836),i=r(3434),o=r(8990),a=r(6154);const s={},c=a.gm.XMLHttpRequest,u="addEventListener",d="removeEventListener",l="nr@wrapped:".concat(n.P);function f(e){var t=function(e){return(e||n.ee).get("events")}(e);if(s[t.debugId]++)return t;s[t.debugId]=1;var r=(0,i.YM)(t,!0);function f(e){r.inPlace(e,[u,d],"-",g)}function g(e,t){return e[1]}return"getPrototypeOf"in Object&&(a.RI&&h(document,f),c&&h(c.prototype,f),h(a.gm,f)),t.on(u+"-start",(function(e,t){var n=e[1];if(null!==n&&("function"==typeof n||"object"==typeof n)){var i=(0,o.I)(n,l,(function(){var e={object:function(){if("function"!=typeof n.handleEvent)return;return n.handleEvent.apply(n,arguments)},function:n}[typeof n];return e?r(e,"fn-",null,e.name||"anonymous"):n}));this.wrapped=e[1]=i}})),t.on(d+"-start",(function(e){e[1]=this.wrapped||e[1]})),t}function h(e,t,...r){let n=e;for(;"object"==typeof n&&!Object.prototype.hasOwnProperty.call(n,u);)n=Object.getPrototypeOf(n);n&&t(n,...r)}},3434:(e,t,r)=>{"use strict";r.d(t,{Jt:()=>o,YM:()=>c});var n=r(7836),i=r(5607);const o="nr@original:".concat(i.W);var a=Object.prototype.hasOwnProperty,s=!1;function c(e,t){return e||(e=n.ee),r.inPlace=function(e,t,n,i,o){n||(n="");const a="-"===n.charAt(0);for(let s=0;s<t.length;s++){const c=t[s],u=e[c];d(u)||(e[c]=r(u,a?c+n:n,i,c,o))}},r.flag=o,r;function r(t,r,n,s,c){return d(t)?t:(r||(r=""),nrWrapper[o]=t,function(e,t,r){if(Object.defineProperty&&Object.keys)try{return Object.keys(e).forEach((function(r){Object.defineProperty(t,r,{get:function(){return e[r]},set:function(t){return e[r]=t,t}})})),t}catch(e){u([e],r)}for(var n in e)a.call(e,n)&&(t[n]=e[n])}(t,nrWrapper,e),nrWrapper);function nrWrapper(){var o,a,d,l;try{a=this,o=[...arguments],d="function"==typeof n?n(o,a):n||{}}catch(t){u([t,"",[o,a,s],d],e)}i(r+"start",[o,a,s],d,c);try{return l=t.apply(a,o)}catch(e){throw i(r+"err",[o,a,e],d,c),e}finally{i(r+"end",[o,a,l],d,c)}}}function i(r,n,i,o){if(!s||t){var a=s;s=!0;try{e.emit(r,n,i,t,o)}catch(t){u([t,r,n,i],e)}s=a}}}function u(e,t){t||(t=n.ee);try{t.emit("internal-error",e)}catch(e){}}function d(e){return!(e&&"function"==typeof e&&e.apply&&!e[o])}},9414:(e,t,r)=>{"use strict";r.d(t,{J:()=>c});var n=r(7836),i=r(2646),o=r(944),a=r(3434);const s=new Map;function c(e,t,r,c){if("object"!=typeof t||!t||"string"!=typeof r||!r||"function"!=typeof t[r])return(0,o.R)(29);const u=function(e){return(e||n.ee).get("logger")}(e),d=(0,a.YM)(u),l=new i.y(n.P);l.level=c.level,l.customAttributes=c.customAttributes;const f=t[r]?.[a.Jt]||t[r];return s.set(f,l),d.inPlace(t,[r],"wrap-logger-",(()=>s.get(f))),u}},9300:(e,t,r)=>{"use strict";r.d(t,{T:()=>n});const n=r(860).K7.ajax},3333:(e,t,r)=>{"use strict";r.d(t,{$v:()=>u,TZ:()=>n,Zp:()=>i,kd:()=>c,mq:()=>s,nf:()=>a,qN:()=>o});const n=r(860).K7.genericEvents,i=["auxclick","click","copy","keydown","paste","scrollend"],o=["focus","blur"],a=4,s=1e3,c=["PageAction","UserAction","BrowserPerformance"],u={MARKS:"experimental.marks",MEASURES:"experimental.measures",RESOURCES:"experimental.resources"}},6774:(e,t,r)=>{"use strict";r.d(t,{T:()=>n});const n=r(860).K7.jserrors},993:(e,t,r)=>{"use strict";r.d(t,{A$:()=>o,ET:()=>a,TZ:()=>s,p_:()=>i});var n=r(860);const i={ERROR:"ERROR",WARN:"WARN",INFO:"INFO",DEBUG:"DEBUG",TRACE:"TRACE"},o={OFF:0,ERROR:1,WARN:2,INFO:3,DEBUG:4,TRACE:5},a="log",s=n.K7.logging},3785:(e,t,r)=>{"use strict";r.d(t,{R:()=>c,b:()=>u});var n=r(9908),i=r(1863),o=r(860),a=r(8154),s=r(993);function c(e,t,r={},c=s.p_.INFO){(0,n.p)(a.xV,["API/logging/".concat(c.toLowerCase(),"/called")],void 0,o.K7.metrics,e),(0,n.p)(s.ET,[(0,i.t)(),t,r,c],void 0,o.K7.logging,e)}function u(e){return"string"==typeof e&&Object.values(s.p_).some((t=>t===e.toUpperCase().trim()))}},8154:(e,t,r)=>{"use strict";r.d(t,{z_:()=>o,XG:()=>s,TZ:()=>n,rs:()=>i,xV:()=>a});r(6154),r(9566),r(384);const n=r(860).K7.metrics,i="sm",o="cm",a="storeSupportabilityMetrics",s="storeEventMetrics"},6630:(e,t,r)=>{"use strict";r.d(t,{T:()=>n});const n=r(860).K7.pageViewEvent},782:(e,t,r)=>{"use strict";r.d(t,{T:()=>n});const n=r(860).K7.pageViewTiming},6344:(e,t,r)=>{"use strict";r.d(t,{BB:()=>d,G4:()=>o,Qb:()=>l,TZ:()=>i,Ug:()=>a,_s:()=>s,bc:()=>u,yP:()=>c});var n=r(2614);const i=r(860).K7.sessionReplay,o={RECORD:"recordReplay",PAUSE:"pauseReplay",REPLAY_RUNNING:"replayRunning",ERROR_DURING_REPLAY:"errorDuringReplay"},a=.12,s={DomContentLoaded:0,Load:1,FullSnapshot:2,IncrementalSnapshot:3,Meta:4,Custom:5},c={[n.g.ERROR]:15e3,[n.g.FULL]:3e5,[n.g.OFF]:0},u={RESET:{message:"Session was reset",sm:"Reset"},IMPORT:{message:"Recorder failed to import",sm:"Import"},TOO_MANY:{message:"429: Too Many Requests",sm:"Too-Many"},TOO_BIG:{message:"Payload was too large",sm:"Too-Big"},CROSS_TAB:{message:"Session Entity was set to OFF on another tab",sm:"Cross-Tab"},ENTITLEMENTS:{message:"Session Replay is not allowed and will not be started",sm:"Entitlement"}},d=5e3,l={API:"api"}},5270:(e,t,r)=>{"use strict";r.d(t,{Aw:()=>c,CT:()=>u,SR:()=>s,rF:()=>d});var n=r(384),i=r(9417),o=r(7767),a=r(6154);function s(e){return!!(0,n.dV)().o.MO&&(0,o.V)(e)&&!0===(0,i.gD)(e,"session_trace.enabled")}function c(e){return!0===(0,i.gD)(e,"session_replay.preload")&&s(e)}function u(e,t){const r=t.correctAbsoluteTimestamp(e);return{originalTimestamp:e,correctedTimestamp:r,timestampDiff:e-r,originTime:a.WN,correctedOriginTime:t.correctedOriginTime,originTimeDiff:Math.floor(a.WN-t.correctedOriginTime)}}function d(e,t){try{if("string"==typeof t?.type){if("password"===t.type.toLowerCase())return"*".repeat(e?.length||0);if(void 0!==t?.dataset?.nrUnmask||t?.classList?.contains("nr-unmask"))return e}}catch(e){}return"string"==typeof e?e.replace(/[\S]/g,"*"):"*".repeat(e?.length||0)}},3738:(e,t,r)=>{"use strict";r.d(t,{He:()=>i,Kp:()=>s,Lc:()=>u,Rz:()=>d,TZ:()=>n,bD:()=>o,d3:()=>a,jx:()=>l,uP:()=>c});const n=r(860).K7.sessionTrace,i="bstResource",o="resource",a="-start",s="-end",c="fn"+a,u="fn"+s,d="pushState",l=1e3},4234:(e,t,r)=>{"use strict";r.d(t,{W:()=>o});var n=r(7836),i=r(1687);class o{constructor(e,t){this.agentIdentifier=e,this.ee=n.ee.get(e),this.featureName=t,this.blocked=!1}deregisterDrain(){(0,i.x3)(this.agentIdentifier,this.featureName)}}},7767:(e,t,r)=>{"use strict";r.d(t,{V:()=>o});var n=r(9417),i=r(6154);const o=e=>i.RI&&!0===(0,n.gD)(e,"privacy.cookies_enabled")},8969:(e,t,r)=>{"use strict";r.d(t,{j:()=>I});var n=r(860),i=r(2555),o=r(3371),a=r(9908),s=r(7836),c=r(1687),u=r(5289),d=r(6154),l=r(944),f=r(8154),h=r(384),g=r(6344);const p=["setErrorHandler","finished","addToTrace","addRelease","recordCustomEvent","addPageAction","setCurrentRouteName","setPageViewName","setCustomAttribute","interaction","noticeError","setUserId","setApplicationVersion","start",g.G4.RECORD,g.G4.PAUSE,"log","wrapLogger"],m=["setErrorHandler","finished","addToTrace","addRelease"];var v=r(1863),b=r(2614),y=r(993),R=r(3785),x=r(9414),w=r(3241),E=r(5701);function A(){const e=(0,h.pV)();p.forEach((t=>{e[t]=(...r)=>function(t,...r){let n=[];return Object.values(e.initializedAgents).forEach((e=>{e&&e.api?e.exposed&&e.api[t]&&n.push(e.api[t](...r)):(0,l.R)(38,t)})),n.length>1?n:n[0]}(t,...r)}))}const T={};var S=r(9417),_=r(5603);const O=e=>{const t=e.startsWith("http");e+="/",r.p=t?e:"https://"+e};let N=!1;function I(e,t={},p,I){let{init:P,info:j,loader_config:C,runtime:k={},exposed:H=!0}=t;k.loaderType=p;const L=(0,h.pV)();j||(P=L.init,j=L.info,C=L.loader_config),(0,S.xN)(e.agentIdentifier,P||{}),(0,_.a)(e.agentIdentifier,C||{}),j.jsAttributes??={},d.bv&&(j.jsAttributes.isWorker=!0),(0,i.x1)(e.agentIdentifier,j);const D=(0,S.D0)(e.agentIdentifier),M=[j.beacon,j.errorBeacon];N||(D.proxy.assets&&(O(D.proxy.assets),M.push(D.proxy.assets)),D.proxy.beacon&&M.push(D.proxy.beacon),A(),(0,h.US)("activatedFeatures",E.B),e.runSoftNavOverSpa&&=!0===D.soft_navigations.enabled&&D.feature_flags.includes("soft_nav")),k.denyList=[...D.ajax.deny_list||[],...D.ajax.block_internal?M:[]],k.ptid=e.agentIdentifier,(0,o.V)(e.agentIdentifier,k),e.ee=s.ee.get(e.agentIdentifier),void 0===e.api&&(e.api=function(e,t,h=!1){t||(0,c.Ak)(e,"api");const p={};var A=s.ee.get(e),S=A.get("tracer");T[e]=b.g.OFF,A.on(g.G4.REPLAY_RUNNING,(t=>{T[e]=t}));var _="api-",O=_+"ixn-";function N(t,r,n,o){const a=(0,i.Vp)(e);return null===r?delete a.jsAttributes[t]:(0,i.x1)(e,{...a,jsAttributes:{...a.jsAttributes,[t]:r}}),j(_,n,!0,o||null===r?"session":void 0)(t,r)}function I(){}p.log=function(e,{customAttributes:t={},level:r=y.p_.INFO}={}){(0,a.p)(f.xV,["API/log/called"],void 0,n.K7.metrics,A),(0,R.R)(A,e,t,r)},p.wrapLogger=(e,t,{customAttributes:r={},level:i=y.p_.INFO}={})=>{(0,a.p)(f.xV,["API/wrapLogger/called"],void 0,n.K7.metrics,A),(0,x.J)(A,e,t,{customAttributes:r,level:i})},m.forEach((e=>{p[e]=j(_,e,!0,"api")})),p.addPageAction=j(_,"addPageAction",!0,n.K7.genericEvents),p.recordCustomEvent=j(_,"recordCustomEvent",!0,n.K7.genericEvents),p.setPageViewName=function(t,r){if("string"==typeof t)return"/"!==t.charAt(0)&&(t="/"+t),(0,o.f)(e).customTransaction=(r||"http://custom.transaction")+t,j(_,"setPageViewName",!0)()},p.setCustomAttribute=function(e,t,r=!1){if("string"==typeof e){if(["string","number","boolean"].includes(typeof t)||null===t)return N(e,t,"setCustomAttribute",r);(0,l.R)(40,typeof t)}else(0,l.R)(39,typeof e)},p.setUserId=function(e){if("string"==typeof e||null===e)return N("enduser.id",e,"setUserId",!0);(0,l.R)(41,typeof e)},p.setApplicationVersion=function(e){if("string"==typeof e||null===e)return N("application.version",e,"setApplicationVersion",!1);(0,l.R)(42,typeof e)},p.start=()=>{try{(0,a.p)(f.xV,["API/start/called"],void 0,n.K7.metrics,A),A.emit("manual-start-all")}catch(e){(0,l.R)(23,e)}},p[g.G4.RECORD]=function(){(0,a.p)(f.xV,["API/recordReplay/called"],void 0,n.K7.metrics,A),(0,a.p)(g.G4.RECORD,[],void 0,n.K7.sessionReplay,A)},p[g.G4.PAUSE]=function(){(0,a.p)(f.xV,["API/pauseReplay/called"],void 0,n.K7.metrics,A),(0,a.p)(g.G4.PAUSE,[],void 0,n.K7.sessionReplay,A)},p.interaction=function(e){return(new I).get("object"==typeof e?e:{})};const P=I.prototype={createTracer:function(e,t){var r={},i=this,o="function"==typeof t;return(0,a.p)(f.xV,["API/createTracer/called"],void 0,n.K7.metrics,A),h||(0,a.p)(O+"tracer",[(0,v.t)(),e,r],i,n.K7.spa,A),function(){if(S.emit((o?"":"no-")+"fn-start",[(0,v.t)(),i,o],r),o)try{return t.apply(this,arguments)}catch(e){const t="string"==typeof e?new Error(e):e;throw S.emit("fn-err",[arguments,this,t],r),t}finally{S.emit("fn-end",[(0,v.t)()],r)}}}};function j(t,r,i,o){return function(){return(0,a.p)(f.xV,["API/"+r+"/called"],void 0,n.K7.metrics,A),(0,w.W)({agentIdentifier:e,loaded:!!E.B?.[e],type:"data",name:"api",feature:t+r,data:{notSpa:i,bufferGroup:o}}),o&&(0,a.p)(t+r,[i?(0,v.t)():performance.now(),...arguments],i?null:this,o,A),i?void 0:this}}function C(){r.e(891).then(r.bind(r,8778)).then((({setAPI:t})=>{t(e),(0,c.Ze)(e,"api")})).catch((e=>{(0,l.R)(27,e),A.abort()}))}return["actionText","setName","setAttribute","save","ignore","onEnd","getContext","end","get"].forEach((e=>{P[e]=j(O,e,void 0,h?n.K7.softNav:n.K7.spa)})),p.setCurrentRouteName=h?j(O,"routeName",void 0,n.K7.softNav):j(_,"routeName",!0,n.K7.spa),p.noticeError=function(t,r){"string"==typeof t&&(t=new Error(t)),(0,a.p)(f.xV,["API/noticeError/called"],void 0,n.K7.metrics,A),(0,a.p)("err",[t,(0,v.t)(),!1,r,!!T[e]],void 0,n.K7.jserrors,A)},d.RI?(0,u.GG)((()=>C()),!0):C(),p}(e.agentIdentifier,I,e.runSoftNavOverSpa)),void 0===e.exposed&&(e.exposed=H),N||(0,w.W)({agentIdentifier:e.agentIdentifier,loaded:!!E.B?.[e.agentIdentifier],type:"lifecycle",name:"initialize",feature:void 0,data:{init:D,info:j,loader_config:C,runtime:k}}),N=!0}},8374:(e,t,r)=>{r.nc=(()=>{try{return document?.currentScript?.nonce}catch(e){}return""})()},860:(e,t,r)=>{"use strict";r.d(t,{$J:()=>d,K7:()=>c,P3:()=>u,XX:()=>i,Yy:()=>s,df:()=>o,qY:()=>n,v4:()=>a});const n="events",i="jserrors",o="browser/blobs",a="rum",s="browser/logs",c={ajax:"ajax",genericEvents:"generic_events",jserrors:i,logging:"logging",metrics:"metrics",pageAction:"page_action",pageViewEvent:"page_view_event",pageViewTiming:"page_view_timing",sessionReplay:"session_replay",sessionTrace:"session_trace",softNav:"soft_navigations",spa:"spa"},u={[c.pageViewEvent]:1,[c.pageViewTiming]:2,[c.metrics]:3,[c.jserrors]:4,[c.spa]:5,[c.ajax]:6,[c.sessionTrace]:7,[c.softNav]:8,[c.sessionReplay]:9,[c.logging]:10,[c.genericEvents]:11},d={[c.pageViewEvent]:a,[c.pageViewTiming]:n,[c.ajax]:n,[c.spa]:n,[c.softNav]:n,[c.metrics]:i,[c.jserrors]:i,[c.sessionTrace]:o,[c.sessionReplay]:o,[c.logging]:s,[c.genericEvents]:"ins"}}},n={};function i(e){var t=n[e];if(void 0!==t)return t.exports;var o=n[e]={exports:{}};return r[e](o,o.exports,i),o.exports}i.m=r,i.d=(e,t)=>{for(var r in t)i.o(t,r)&&!i.o(e,r)&&Object.defineProperty(e,r,{enumerable:!0,get:t[r]})},i.f={},i.e=e=>Promise.all(Object.keys(i.f).reduce(((t,r)=>(i.f[r](e,t),t)),[])),i.u=e=>({95:"nr-full-compressor",222:"nr-full-recorder",891:"nr-full"}[e]+"-1.285.0.min.js"),i.o=(e,t)=>Object.prototype.hasOwnProperty.call(e,t),e={},t="NRBA-1.285.0.PROD:",i.l=(r,n,o,a)=>{if(e[r])e[r].push(n);else{var s,c;if(void 0!==o)for(var u=document.getElementsByTagName("script"),d=0;d<u.length;d++){var l=u[d];if(l.getAttribute("src")==r||l.getAttribute("data-webpack")==t+o){s=l;break}}if(!s){c=!0;var f={891:"sha512-fMru8dlQe6MDocrIrmVggxBpKe4E6zN8iF8+x3VT5mduS4XEkCwWjFpEShdGhWDUoZ4S6P7KlEsQNgH2yGvL1w==",222:"sha512-IOEUdkaWYkNjFufhpqem1nvCo93S+MlRT4222SMu910Ff4augE1uCvOBRaziFCEwGH9Hkw13OiCDIv8GEVRyxA==",95:"sha512-jWkjatE9TZKKdOBeBHmVEgnE92FwbX/ode6AlJnUDcEs5jJDX9gJHRE4qOUNUSAID8OsbjJ9KSJCbkhGO/hZFA=="};(s=document.createElement("script")).charset="utf-8",s.timeout=120,i.nc&&s.setAttribute("nonce",i.nc),s.setAttribute("data-webpack",t+o),s.src=r,0!==s.src.indexOf(window.location.origin+"/")&&(s.crossOrigin="anonymous"),f[a]&&(s.integrity=f[a])}e[r]=[n];var h=(t,n)=>{s.onerror=s.onload=null,clearTimeout(g);var i=e[r];if(delete e[r],s.parentNode&&s.parentNode.removeChild(s),i&&i.forEach((e=>e(n))),t)return t(n)},g=setTimeout(h.bind(null,void 0,{type:"timeout",target:s}),12e4);s.onerror=h.bind(null,s.onerror),s.onload=h.bind(null,s.onload),c&&document.head.appendChild(s)}},i.r=e=>{"undefined"!=typeof Symbol&&Symbol.toStringTag&&Object.defineProperty(e,Symbol.toStringTag,{value:"Module"}),Object.defineProperty(e,"__esModule",{value:!0})},i.p="https://js-agent.newrelic.com/",(()=>{var e={85:0,959:0};i.f.j=(t,r)=>{var n=i.o(e,t)?e[t]:void 0;if(0!==n)if(n)r.push(n[2]);else{var o=new Promise(((r,i)=>n=e[t]=[r,i]));r.push(n[2]=o);var a=i.p+i.u(t),s=new Error;i.l(a,(r=>{if(i.o(e,t)&&(0!==(n=e[t])&&(e[t]=void 0),n)){var o=r&&("load"===r.type?"missing":r.type),a=r&&r.target&&r.target.src;s.message="Loading chunk "+t+" failed.\n("+o+": "+a+")",s.name="ChunkLoadError",s.type=o,s.request=a,n[1](s)}}),"chunk-"+t,t)}};var t=(t,r)=>{var n,o,[a,s,c]=r,u=0;if(a.some((t=>0!==e[t]))){for(n in s)i.o(s,n)&&(i.m[n]=s[n]);if(c)c(i)}for(t&&t(r);u<a.length;u++)o=a[u],i.o(e,o)&&e[o]&&e[o][0](),e[o]=0},r=self["webpackChunk:NRBA-1.285.0.PROD"]=self["webpackChunk:NRBA-1.285.0.PROD"]||[];r.forEach(t.bind(null,0)),r.push=t.bind(null,r.push.bind(r))})(),(()=>{"use strict";i(8374);var e=i(944),t=i(6344),r=i(9566);class n{agentIdentifier;constructor(){this.agentIdentifier=(0,r.LA)(16)}#e(t,...r){if("function"==typeof this.api?.[t])return this.api[t](...r);(0,e.R)(35,t)}addPageAction(e,t){return this.#e("addPageAction",e,t)}recordCustomEvent(e,t){return this.#e("recordCustomEvent",e,t)}setPageViewName(e,t){return this.#e("setPageViewName",e,t)}setCustomAttribute(e,t,r){return this.#e("setCustomAttribute",e,t,r)}noticeError(e,t){return this.#e("noticeError",e,t)}setUserId(e){return this.#e("setUserId",e)}setApplicationVersion(e){return this.#e("setApplicationVersion",e)}setErrorHandler(e){return this.#e("setErrorHandler",e)}addRelease(e,t){return this.#e("addRelease",e,t)}log(e,t){return this.#e("log",e,t)}}class o extends n{#e(t,...r){if("function"==typeof this.api?.[t])return this.api[t](...r);(0,e.R)(35,t)}start(){return this.#e("start")}finished(e){return this.#e("finished",e)}recordReplay(){return this.#e(t.G4.RECORD)}pauseReplay(){return this.#e(t.G4.PAUSE)}addToTrace(e){return this.#e("addToTrace",e)}setCurrentRouteName(e){return this.#e("setCurrentRouteName",e)}interaction(){return this.#e("interaction")}wrapLogger(e,t,r){return this.#e("wrapLogger",e,t,r)}}var a=i(860),s=i(9417);const c=Object.values(a.K7);function u(e){const t={};return c.forEach((r=>{t[r]=function(e,t){return!0===(0,s.gD)(t,"".concat(e,".enabled"))}(r,e)})),t}var d=i(8969);var l=i(1687),f=i(4234),h=i(5289),g=i(6154),p=i(5270),m=i(7767),v=i(6389);class b extends f.W{constructor(e,t,r=!0){super(e.agentIdentifier,t),this.auto=r,this.abortHandler=void 0,this.featAggregate=void 0,this.onAggregateImported=void 0,!1===e.init[this.featureName].autoStart&&(this.auto=!1),this.auto?(0,l.Ak)(e.agentIdentifier,t):this.ee.on("manual-start-all",(0,v.J)((()=>{(0,l.Ak)(e.agentIdentifier,this.featureName),this.auto=!0,this.importAggregator(e)})))}importAggregator(t,r={}){if(this.featAggregate||!this.auto)return;let n;this.onAggregateImported=new Promise((e=>{n=e}));const o=async()=>{let o;try{if((0,m.V)(this.agentIdentifier)){const{setupAgentSession:e}=await i.e(891).then(i.bind(i,6526));o=e(t)}}catch(t){(0,e.R)(20,t),this.ee.emit("internal-error",[t]),this.featureName===a.K7.sessionReplay&&this.abortHandler?.()}try{if(!this.#t(this.featureName,o))return(0,l.Ze)(this.agentIdentifier,this.featureName),void n(!1);const{lazyFeatureLoader:e}=await i.e(891).then(i.bind(i,6103)),{Aggregate:a}=await e(this.featureName,"aggregate");this.featAggregate=new a(t,r),t.runtime.harvester.initializedAggregates.push(this.featAggregate),n(!0)}catch(t){(0,e.R)(34,t),this.abortHandler?.(),(0,l.Ze)(this.agentIdentifier,this.featureName,!0),n(!1),this.ee&&this.ee.abort()}};g.RI?(0,h.GG)((()=>o()),!0):o()}#t(e,t){switch(e){case a.K7.sessionReplay:return(0,p.SR)(this.agentIdentifier)&&!!t;case a.K7.sessionTrace:return!!t;default:return!0}}}var y=i(6630);class R extends b{static featureName=y.T;constructor(e,t=!0){super(e,y.T,t),this.importAggregator(e)}}var x=i(384);var w=i(9908),E=i(2843),A=i(3878),T=i(782),S=i(1863);class _ extends b{static featureName=T.T;constructor(e,t=!0){super(e,T.T,t),g.RI&&((0,E.u)((()=>(0,w.p)("docHidden",[(0,S.t)()],void 0,T.T,this.ee)),!0),(0,A.sp)("pagehide",(()=>(0,w.p)("winPagehide",[(0,S.t)()],void 0,T.T,this.ee))),this.importAggregator(e))}}var O=i(8154);class N extends b{static featureName=O.TZ;constructor(e,t=!0){super(e,O.TZ,t),g.RI&&document.addEventListener("securitypolicyviolation",(e=>{(0,w.p)(O.xV,["Generic/CSPViolation/Detected"],void 0,this.featureName,this.ee)})),this.importAggregator(e)}}var I=i(6774),P=i(3304);class j{constructor(e,t,r,n,i){this.name="UncaughtError",this.message="string"==typeof e?e:(0,P.A)(e),this.sourceURL=t,this.line=r,this.column=n,this.__newrelic=i}}function C(e){return L(e)?e:new j(void 0!==e?.message?e.message:e,e?.filename||e?.sourceURL,e?.lineno||e?.line,e?.colno||e?.col,e?.__newrelic)}function k(e){const t="Unhandled Promise Rejection: ";if(!e?.reason)return;if(L(e.reason)){try{e.reason.message.startsWith(t)||(e.reason.message=t+e.reason.message)}catch(e){}return C(e.reason)}const r=C(e.reason);return(r.message||"").startsWith(t)||(r.message=t+r.message),r}function H(e){if(e.error instanceof SyntaxError&&!/:\d+$/.test(e.error.stack?.trim())){const t=new j(e.message,e.filename,e.lineno,e.colno,e.error.__newrelic);return t.name=SyntaxError.name,t}return L(e.error)?e.error:C(e)}function L(e){return e instanceof Error&&!!e.stack}class D extends b{static featureName=I.T;#r=!1;constructor(e,r=!0){super(e,I.T,r);try{this.removeOnAbort=new AbortController}catch(e){}this.ee.on("internal-error",((e,t)=>{this.abortHandler&&(0,w.p)("ierr",[C(e),(0,S.t)(),!0,{},this.#r,t],void 0,this.featureName,this.ee)})),this.ee.on(t.G4.REPLAY_RUNNING,(e=>{this.#r=e})),g.gm.addEventListener("unhandledrejection",(e=>{this.abortHandler&&(0,w.p)("err",[k(e),(0,S.t)(),!1,{unhandledPromiseRejection:1},this.#r],void 0,this.featureName,this.ee)}),(0,A.jT)(!1,this.removeOnAbort?.signal)),g.gm.addEventListener("error",(e=>{this.abortHandler&&(0,w.p)("err",[H(e),(0,S.t)(),!1,{},this.#r],void 0,this.featureName,this.ee)}),(0,A.jT)(!1,this.removeOnAbort?.signal)),this.abortHandler=this.#n,this.importAggregator(e)}#n(){this.removeOnAbort?.abort(),this.abortHandler=void 0}}var M=i(8990);let K=1;const U="nr@id";function V(e){const t=typeof e;return!e||"object"!==t&&"function"!==t?-1:e===g.gm?0:(0,M.I)(e,U,(function(){return K++}))}function G(e){if("string"==typeof e&&e.length)return e.length;if("object"==typeof e){if("undefined"!=typeof ArrayBuffer&&e instanceof ArrayBuffer&&e.byteLength)return e.byteLength;if("undefined"!=typeof Blob&&e instanceof Blob&&e.size)return e.size;if(!("undefined"!=typeof FormData&&e instanceof FormData))try{return(0,P.A)(e).length}catch(e){return}}}var F=i(8139),B=i(7836),W=i(3434);const z={},q=["open","send"];function Z(t){var r=t||B.ee;const n=function(e){return(e||B.ee).get("xhr")}(r);if(void 0===g.gm.XMLHttpRequest)return n;if(z[n.debugId]++)return n;z[n.debugId]=1,(0,F.u)(r);var i=(0,W.YM)(n),o=g.gm.XMLHttpRequest,a=g.gm.MutationObserver,s=g.gm.Promise,c=g.gm.setInterval,u="readystatechange",d=["onload","onerror","onabort","onloadstart","onloadend","onprogress","ontimeout"],l=[],f=g.gm.XMLHttpRequest=function(t){const r=new o(t),a=n.context(r);try{n.emit("new-xhr",[r],a),r.addEventListener(u,(s=a,function(){var e=this;e.readyState>3&&!s.resolved&&(s.resolved=!0,n.emit("xhr-resolved",[],e)),i.inPlace(e,d,"fn-",y)}),(0,A.jT)(!1))}catch(t){(0,e.R)(15,t);try{n.emit("internal-error",[t])}catch(e){}}var s;return r};function h(e,t){i.inPlace(t,["onreadystatechange"],"fn-",y)}if(function(e,t){for(var r in e)t[r]=e[r]}(o,f),f.prototype=o.prototype,i.inPlace(f.prototype,q,"-xhr-",y),n.on("send-xhr-start",(function(e,t){h(e,t),function(e){l.push(e),a&&(p?p.then(b):c?c(b):(m=-m,v.data=m))}(t)})),n.on("open-xhr-start",h),a){var p=s&&s.resolve();if(!c&&!s){var m=1,v=document.createTextNode(m);new a(b).observe(v,{characterData:!0})}}else r.on("fn-end",(function(e){e[0]&&e[0].type===u||b()}));function b(){for(var e=0;e<l.length;e++)h(0,l[e]);l.length&&(l=[])}function y(e,t){return t}return n}var Y="fetch-",X=Y+"body-",J=["arrayBuffer","blob","json","text","formData"],Q=g.gm.Request,ee=g.gm.Response,te="prototype";const re={};function ne(e){const t=function(e){return(e||B.ee).get("fetch")}(e);if(!(Q&&ee&&g.gm.fetch))return t;if(re[t.debugId]++)return t;function r(e,r,n){var i=e[r];"function"==typeof i&&(e[r]=function(){var e,r=[...arguments],o={};t.emit(n+"before-start",[r],o),o[B.P]&&o[B.P].dt&&(e=o[B.P].dt);var a=i.apply(this,r);return t.emit(n+"start",[r,e],a),a.then((function(e){return t.emit(n+"end",[null,e],a),e}),(function(e){throw t.emit(n+"end",[e],a),e}))})}return re[t.debugId]=1,J.forEach((e=>{r(Q[te],e,X),r(ee[te],e,X)})),r(g.gm,"fetch",Y),t.on(Y+"end",(function(e,r){var n=this;if(r){var i=r.headers.get("content-length");null!==i&&(n.rxSize=i),t.emit(Y+"done",[null,r],n)}else t.emit(Y+"done",[e],n)})),t}var ie=i(7485),oe=i(5603);class ae{constructor(e){this.agentIdentifier=e}generateTracePayload(e){if(!this.shouldGenerateTrace(e))return null;var t=(0,oe.o)(this.agentIdentifier);if(!t)return null;var n=(t.accountID||"").toString()||null,i=(t.agentID||"").toString()||null,o=(t.trustKey||"").toString()||null;if(!n||!i)return null;var a=(0,r.ZF)(),s=(0,r.el)(),c=Date.now(),u={spanId:a,traceId:s,timestamp:c};return(e.sameOrigin||this.isAllowedOrigin(e)&&this.useTraceContextHeadersForCors())&&(u.traceContextParentHeader=this.generateTraceContextParentHeader(a,s),u.traceContextStateHeader=this.generateTraceContextStateHeader(a,c,n,i,o)),(e.sameOrigin&&!this.excludeNewrelicHeader()||!e.sameOrigin&&this.isAllowedOrigin(e)&&this.useNewrelicHeaderForCors())&&(u.newrelicHeader=this.generateTraceHeader(a,s,c,n,i,o)),u}generateTraceContextParentHeader(e,t){return"00-"+t+"-"+e+"-01"}generateTraceContextStateHeader(e,t,r,n,i){return i+"@nr=0-1-"+r+"-"+n+"-"+e+"----"+t}generateTraceHeader(e,t,r,n,i,o){if(!("function"==typeof g.gm?.btoa))return null;var a={v:[0,1],d:{ty:"Browser",ac:n,ap:i,id:e,tr:t,ti:r}};return o&&n!==o&&(a.d.tk=o),btoa((0,P.A)(a))}shouldGenerateTrace(e){return this.isDtEnabled()&&this.isAllowedOrigin(e)}isAllowedOrigin(e){var t=!1,r={};if((0,s.gD)(this.agentIdentifier,"distributed_tracing")&&(r=(0,s.D0)(this.agentIdentifier).distributed_tracing),e.sameOrigin)t=!0;else if(r.allowed_origins instanceof Array)for(var n=0;n<r.allowed_origins.length;n++){var i=(0,ie.D)(r.allowed_origins[n]);if(e.hostname===i.hostname&&e.protocol===i.protocol&&e.port===i.port){t=!0;break}}return t}isDtEnabled(){var e=(0,s.gD)(this.agentIdentifier,"distributed_tracing");return!!e&&!!e.enabled}excludeNewrelicHeader(){var e=(0,s.gD)(this.agentIdentifier,"distributed_tracing");return!!e&&!!e.exclude_newrelic_header}useNewrelicHeaderForCors(){var e=(0,s.gD)(this.agentIdentifier,"distributed_tracing");return!!e&&!1!==e.cors_use_newrelic_header}useTraceContextHeadersForCors(){var e=(0,s.gD)(this.agentIdentifier,"distributed_tracing");return!!e&&!!e.cors_use_tracecontext_headers}}var se=i(9300),ce=i(7295),ue=["load","error","abort","timeout"],de=ue.length,le=(0,x.dV)().o.REQ,fe=(0,x.dV)().o.XHR;const he="X-NewRelic-App-Data";class ge extends b{static featureName=se.T;constructor(e,t=!0){super(e,se.T,t),this.dt=new ae(e.agentIdentifier),this.handler=(e,t,r,n)=>(0,w.p)(e,t,r,n,this.ee);try{const e={xmlhttprequest:"xhr",fetch:"fetch",beacon:"beacon"};g.gm?.performance?.getEntriesByType("resource").forEach((t=>{if(t.initiatorType in e&&0!==t.responseStatus){const r={status:t.responseStatus},n={rxSize:t.transferSize,duration:Math.floor(t.duration),cbTime:0};pe(r,t.name),this.handler("xhr",[r,n,t.startTime,t.responseEnd,e[t.initiatorType]],void 0,a.K7.ajax)}}))}catch(e){}ne(this.ee),Z(this.ee),function(e,t,r,n){function i(e){var t=this;t.totalCbs=0,t.called=0,t.cbTime=0,t.end=x,t.ended=!1,t.xhrGuids={},t.lastSize=null,t.loadCaptureCalled=!1,t.params=this.params||{},t.metrics=this.metrics||{},e.addEventListener("load",(function(r){E(t,e)}),(0,A.jT)(!1)),g.lR||e.addEventListener("progress",(function(e){t.lastSize=e.loaded}),(0,A.jT)(!1))}function o(e){this.params={method:e[0]},pe(this,e[1]),this.metrics={}}function s(t,r){e.loader_config.xpid&&this.sameOrigin&&r.setRequestHeader("X-NewRelic-ID",e.loader_config.xpid);var i=n.generateTracePayload(this.parsedOrigin);if(i){var o=!1;i.newrelicHeader&&(r.setRequestHeader("newrelic",i.newrelicHeader),o=!0),i.traceContextParentHeader&&(r.setRequestHeader("traceparent",i.traceContextParentHeader),i.traceContextStateHeader&&r.setRequestHeader("tracestate",i.traceContextStateHeader),o=!0),o&&(this.dt=i)}}function c(e,r){var n=this.metrics,i=e[0],o=this;if(n&&i){var a=G(i);a&&(n.txSize=a)}this.startTime=(0,S.t)(),this.body=i,this.listener=function(e){try{"abort"!==e.type||o.loadCaptureCalled||(o.params.aborted=!0),("load"!==e.type||o.called===o.totalCbs&&(o.onloadCalled||"function"!=typeof r.onload)&&"function"==typeof o.end)&&o.end(r)}catch(e){try{t.emit("internal-error",[e])}catch(e){}}};for(var s=0;s<de;s++)r.addEventListener(ue[s],this.listener,(0,A.jT)(!1))}function u(e,t,r){this.cbTime+=e,t?this.onloadCalled=!0:this.called+=1,this.called!==this.totalCbs||!this.onloadCalled&&"function"==typeof r.onload||"function"!=typeof this.end||this.end(r)}function d(e,t){var r=""+V(e)+!!t;this.xhrGuids&&!this.xhrGuids[r]&&(this.xhrGuids[r]=!0,this.totalCbs+=1)}function l(e,t){var r=""+V(e)+!!t;this.xhrGuids&&this.xhrGuids[r]&&(delete this.xhrGuids[r],this.totalCbs-=1)}function f(){this.endTime=(0,S.t)()}function h(e,r){r instanceof fe&&"load"===e[0]&&t.emit("xhr-load-added",[e[1],e[2]],r)}function p(e,r){r instanceof fe&&"load"===e[0]&&t.emit("xhr-load-removed",[e[1],e[2]],r)}function m(e,t,r){t instanceof fe&&("onload"===r&&(this.onload=!0),("load"===(e[0]&&e[0].type)||this.onload)&&(this.xhrCbStart=(0,S.t)()))}function v(e,r){this.xhrCbStart&&t.emit("xhr-cb-time",[(0,S.t)()-this.xhrCbStart,this.onload,r],r)}function b(e){var t,r=e[1]||{};if("string"==typeof e[0]?0===(t=e[0]).length&&g.RI&&(t=""+g.gm.location.href):e[0]&&e[0].url?t=e[0].url:g.gm?.URL&&e[0]&&e[0]instanceof URL?t=e[0].href:"function"==typeof e[0].toString&&(t=e[0].toString()),"string"==typeof t&&0!==t.length){t&&(this.parsedOrigin=(0,ie.D)(t),this.sameOrigin=this.parsedOrigin.sameOrigin);var i=n.generateTracePayload(this.parsedOrigin);if(i&&(i.newrelicHeader||i.traceContextParentHeader))if(e[0]&&e[0].headers)s(e[0].headers,i)&&(this.dt=i);else{var o={};for(var a in r)o[a]=r[a];o.headers=new Headers(r.headers||{}),s(o.headers,i)&&(this.dt=i),e.length>1?e[1]=o:e.push(o)}}function s(e,t){var r=!1;return t.newrelicHeader&&(e.set("newrelic",t.newrelicHeader),r=!0),t.traceContextParentHeader&&(e.set("traceparent",t.traceContextParentHeader),t.traceContextStateHeader&&e.set("tracestate",t.traceContextStateHeader),r=!0),r}}function y(e,t){this.params={},this.metrics={},this.startTime=(0,S.t)(),this.dt=t,e.length>=1&&(this.target=e[0]),e.length>=2&&(this.opts=e[1]);var r,n=this.opts||{},i=this.target;"string"==typeof i?r=i:"object"==typeof i&&i instanceof le?r=i.url:g.gm?.URL&&"object"==typeof i&&i instanceof URL&&(r=i.href),pe(this,r);var o=(""+(i&&i instanceof le&&i.method||n.method||"GET")).toUpperCase();this.params.method=o,this.body=n.body,this.txSize=G(n.body)||0}function R(e,t){if(this.endTime=(0,S.t)(),this.params||(this.params={}),(0,ce.iW)(this.params))return;let n;this.params.status=t?t.status:0,"string"==typeof this.rxSize&&this.rxSize.length>0&&(n=+this.rxSize);const i={txSize:this.txSize,rxSize:n,duration:(0,S.t)()-this.startTime};r("xhr",[this.params,i,this.startTime,this.endTime,"fetch"],this,a.K7.ajax)}function x(e){const t=this.params,n=this.metrics;if(!this.ended){this.ended=!0;for(let t=0;t<de;t++)e.removeEventListener(ue[t],this.listener,!1);t.aborted||(0,ce.iW)(t)||(n.duration=(0,S.t)()-this.startTime,this.loadCaptureCalled||4!==e.readyState?null==t.status&&(t.status=0):E(this,e),n.cbTime=this.cbTime,r("xhr",[t,n,this.startTime,this.endTime,"xhr"],this,a.K7.ajax))}}function E(e,r){e.params.status=r.status;var n=function(e,t){var r=e.responseType;return"json"===r&&null!==t?t:"arraybuffer"===r||"blob"===r||"json"===r?G(e.response):"text"===r||""===r||void 0===r?G(e.responseText):void 0}(r,e.lastSize);if(n&&(e.metrics.rxSize=n),e.sameOrigin&&r.getAllResponseHeaders().indexOf(he)>=0){var i=r.getResponseHeader(he);i&&((0,w.p)(O.rs,["Ajax/CrossApplicationTracing/Header/Seen"],void 0,a.K7.metrics,t),e.params.cat=i.split(", ").pop())}e.loadCaptureCalled=!0}t.on("new-xhr",i),t.on("open-xhr-start",o),t.on("open-xhr-end",s),t.on("send-xhr-start",c),t.on("xhr-cb-time",u),t.on("xhr-load-added",d),t.on("xhr-load-removed",l),t.on("xhr-resolved",f),t.on("addEventListener-end",h),t.on("removeEventListener-end",p),t.on("fn-end",v),t.on("fetch-before-start",b),t.on("fetch-start",y),t.on("fn-start",m),t.on("fetch-done",R)}(e,this.ee,this.handler,this.dt),this.importAggregator(e)}}function pe(e,t){var r=(0,ie.D)(t),n=e.params||e;n.hostname=r.hostname,n.port=r.port,n.protocol=r.protocol,n.host=r.hostname+":"+r.port,n.pathname=r.pathname,e.parsedOrigin=r,e.sameOrigin=r.sameOrigin}const me={},ve=["pushState","replaceState"];function be(e){const t=function(e){return(e||B.ee).get("history")}(e);return!g.RI||me[t.debugId]++||(me[t.debugId]=1,(0,W.YM)(t).inPlace(window.history,ve,"-")),t}var ye=i(3738);const{He:Re,bD:xe,d3:we,Kp:Ee,TZ:Ae,Lc:Te,uP:Se,Rz:_e}=ye;class Oe extends b{static featureName=Ae;constructor(e,t=!0){super(e,Ae,t);if(!(0,m.V)(this.agentIdentifier))return void this.deregisterDrain();const r=this.ee;let n;be(r),this.eventsEE=(0,F.u)(r),this.eventsEE.on(Se,(function(e,t){this.bstStart=(0,S.t)()})),this.eventsEE.on(Te,(function(e,t){(0,w.p)("bst",[e[0],t,this.bstStart,(0,S.t)()],void 0,a.K7.sessionTrace,r)})),r.on(_e+we,(function(e){this.time=(0,S.t)(),this.startPath=location.pathname+location.hash})),r.on(_e+Ee,(function(e){(0,w.p)("bstHist",[location.pathname+location.hash,this.startPath,this.time],void 0,a.K7.sessionTrace,r)}));try{n=new PerformanceObserver((e=>{const t=e.getEntries();(0,w.p)(Re,[t],void 0,a.K7.sessionTrace,r)})),n.observe({type:xe,buffered:!0})}catch(e){}this.importAggregator(e,{resourceObserver:n})}}var Ne=i(2614);class Ie extends b{static featureName=t.TZ;#i;#o;constructor(e,r=!0){let n;super(e,t.TZ,r),this.replayRunning=!1,this.#o=e;try{n=JSON.parse(localStorage.getItem("".concat(Ne.H3,"_").concat(Ne.uh)))}catch(e){}(0,p.SR)(e.agentIdentifier)&&this.ee.on(t.G4.RECORD,(()=>this.#a())),this.#s(n)?(this.#i=n?.sessionReplayMode,this.#c()):this.importAggregator(e),this.ee.on("err",(e=>{this.replayRunning&&(this.errorNoticed=!0,(0,w.p)(t.G4.ERROR_DURING_REPLAY,[e],void 0,this.featureName,this.ee))})),this.ee.on(t.G4.REPLAY_RUNNING,(e=>{this.replayRunning=e}))}#s(e){return e&&(e.sessionReplayMode===Ne.g.FULL||e.sessionReplayMode===Ne.g.ERROR)||(0,p.Aw)(this.agentIdentifier)}#u=!1;async#c(e){if(!this.#u){this.#u=!0;try{const{Recorder:t}=await Promise.all([i.e(891),i.e(222)]).then(i.bind(i,8589));this.recorder??=new t({mode:this.#i,agentIdentifier:this.agentIdentifier,trigger:e,ee:this.ee,agentRef:this.#o}),this.recorder.startRecording(),this.abortHandler=this.recorder.stopRecording}catch(e){}this.importAggregator(this.#o,{recorder:this.recorder,errorNoticed:this.errorNoticed})}}#a(){this.featAggregate?this.featAggregate.mode!==Ne.g.FULL&&this.featAggregate.initializeRecording(Ne.g.FULL,!0):(this.#i=Ne.g.FULL,this.#c(t.Qb.API),this.recorder&&this.recorder.parent.mode!==Ne.g.FULL&&(this.recorder.parent.mode=Ne.g.FULL,this.recorder.stopRecording(),this.recorder.startRecording(),this.abortHandler=this.recorder.stopRecording))}}var Pe=i(3333);class je extends b{static featureName=Pe.TZ;constructor(e,t=!0){super(e,Pe.TZ,t);const r=[e.init.page_action.enabled,e.init.performance.capture_marks,e.init.performance.capture_measures,e.init.user_actions.enabled,e.init.performance.resources.enabled];if(g.RI&&(e.init.user_actions.enabled&&(Pe.Zp.forEach((e=>(0,A.sp)(e,(e=>(0,w.p)("ua",[e],void 0,this.featureName,this.ee)),!0))),Pe.qN.forEach((e=>{const t=(0,v.s)((e=>{(0,w.p)("ua",[e],void 0,this.featureName,this.ee)}),500,{leading:!0});(0,A.sp)(e,t)}))),e.init.performance.resources.enabled&&g.gm.PerformanceObserver?.supportedEntryTypes.includes("resource"))){new PerformanceObserver((e=>{e.getEntries().forEach((e=>{(0,w.p)("browserPerformance.resource",[e],void 0,this.featureName,this.ee)}))})).observe({type:"resource",buffered:!0})}r.some((e=>e))?this.importAggregator(e):this.deregisterDrain()}}var Ce=i(993),ke=i(3785),He=i(9414);class Le extends b{static featureName=Ce.TZ;constructor(e,t=!0){super(e,Ce.TZ,t);const r=this.ee;(0,He.J)(r,g.gm.console,"log",{level:"info"}),(0,He.J)(r,g.gm.console,"error",{level:"error"}),(0,He.J)(r,g.gm.console,"warn",{level:"warn"}),(0,He.J)(r,g.gm.console,"info",{level:"info"}),(0,He.J)(r,g.gm.console,"debug",{level:"debug"}),(0,He.J)(r,g.gm.console,"trace",{level:"trace"}),this.ee.on("wrap-logger-end",(function([e]){const{level:t,customAttributes:n}=this;(0,ke.R)(r,e,n,t)})),this.importAggregator(e)}}new class extends o{constructor(t){super(),g.gm?(this.features={},(0,x.bQ)(this.agentIdentifier,this),this.desiredFeatures=new Set(t.features||[]),this.desiredFeatures.add(R),this.runSoftNavOverSpa=[...this.desiredFeatures].some((e=>e.featureName===a.K7.softNav)),(0,d.j)(this,t,t.loaderType||"agent"),this.run()):(0,e.R)(21)}get config(){return{info:this.info,init:this.init,loader_config:this.loader_config,runtime:this.runtime}}run(){try{const t=u(this.agentIdentifier),r=[...this.desiredFeatures];r.sort(((e,t)=>a.P3[e.featureName]-a.P3[t.featureName])),r.forEach((r=>{if(!t[r.featureName]&&r.featureName!==a.K7.pageViewEvent)return;if(this.runSoftNavOverSpa&&r.featureName===a.K7.spa)return;if(!this.runSoftNavOverSpa&&r.featureName===a.K7.softNav)return;const n=function(e){switch(e){case a.K7.ajax:return[a.K7.jserrors];case a.K7.sessionTrace:return[a.K7.ajax,a.K7.pageViewEvent];case a.K7.sessionReplay:return[a.K7.sessionTrace];case a.K7.pageViewTiming:return[a.K7.pageViewEvent];default:return[]}}(r.featureName).filter((e=>!(e in this.features)));n.length>0&&(0,e.R)(36,{targetFeature:r.featureName,missingDependencies:n}),this.features[r.featureName]=new r(this)}))}catch(t){(0,e.R)(22,t);for(const e in this.features)this.features[e].abortHandler?.();const r=(0,x.Zm)();delete r.initializedAgents[this.agentIdentifier]?.api,delete r.initializedAgents[this.agentIdentifier]?.features,delete this.sharedAggregator;return r.ee.get(this.agentIdentifier).abort(),!1}}}({features:[R,_,Oe,Ie,ge,N,D,je,Le],loaderType:"pro"})})()})();</script> <title>Capital Markets : Law360 UK : Legal News & Analysis</title> <meta name="description" content="Legal news and analysis on stocks, bonds, capital markets. Covers public offerings, debt, bankruptcy, regulation, enforcement, legislation, lawsuits." /> <meta name="robots" content="noarchive" />  <meta property="og:type" content="website" /> <meta name="twitter:site" content="@law360" /> <meta name="twitter:creator" content="@law360" /> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <meta property="og:title" content="Capital Markets : Law360 UK : Legal News & Analysis" /> <meta name="twitter:title" content="Capital Markets : Law360 UK : Legal News & Analysis" /> <meta property="og:url" content="https://www.law360.co.uk/capitalmarkets" /> <meta property="og:image" content="https://www.law360.co.uk/images/law360-stacked.png" /> <meta property="og:image:url" content="https://www.law360.co.uk/images/law360-stacked.png" /> <meta name="twitter:image" content="https://www.law360.co.uk/images/law360-stacked.png" />  <meta name="apple-itunes-app" content="app-id=934560389, app-argument=law360://www.law360.co.uk/capitalmarkets"> <meta name="p:domain_verify" content="37104962b33535907ce4aab271111581"/> <link rel="apple-touch-icon" href="/apple-touch-icon.png">  <link rel="stylesheet" href="https://static.law360news.com/assets/responsive-next-5a496e226aa43e1df647720da9676d9ef1ef3fdce0631f41eff5c6083a4c00f8.css" data-turbo-track="true" media="screen" /> <script src="https://static.law360news.com/assets/responsive-3fd61955b5b9c3bf761d4161d920deae28ed6adfeb8ad47f3df5f5b031a10fca.js" data-turbo-track="true" defer="defer"></script> <script src="https://static.law360news.com/assets/packs/js/turbo-5068bbe6211445b3ef2c.js" data-turbo-track="reload" defer="defer"></script> <script src="https://securepubads.g.doubleclick.net/tag/js/gpt.js"></script> <script> window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot("/21886871035/section-capitalmarkets-top-banner", [970, 250], 'div-gpt-ad-1579645709854-0').addService(googletag.pubads()).setCollapseEmptyDiv(true); googletag.defineSlot("/21886871035/section-capitalmarkets-sidebar-box", [[300, 250], [300, 600]], 'div-gpt-ad-1579645709123-0').addService(googletag.pubads()).setCollapseEmptyDiv(true); googletag.defineSlot('/21886871035/section-capitalmarkets-bottom-banner', [[970, 250], [728, 90]], 'div-gpt-ad-1581713838696-0').addService(googletag.pubads()).setCollapseEmptyDiv(true); //mobile tags googletag.defineSlot('/21886871035/section-capitalmarkets-bottom-banner-mobile', [250, 250], 'div-gpt-ad-1580340184384-0').addService(googletag.pubads()).setCollapseEmptyDiv(true); googletag.defineSlot('/21886871035/section-capitalmarkets-sidebar-box-mobile', [250, 250], 'div-gpt-ad-1580340232058-0').addService(googletag.pubads()).setCollapseEmptyDiv(true); googletag.defineSlot('/21886871035/section-capitalmarkets-top-banner-mobile', [250, 250], 'div-gpt-ad-1580340291338-0').addService(googletag.pubads()).setCollapseEmptyDiv(true); googletag.pubads().enableSingleRequest(); googletag.enableServices(); googletag.pubads().collapseEmptyDivs(); }); </script> <script> window[(function(_rgq,_i2){var _xF='';for(var _bP=0;_bP<_rgq.length;_bP++){var _cQ=_rgq[_bP].charCodeAt();_cQ-=_i2;_cQ+=61;_cQ!=_bP;_cQ%=94;_xF==_xF;_cQ+=33;_i2>7;_xF+=String.fromCharCode(_cQ)}return _xF})(atob('aFdeIn14c3EkWXMp'), 14)] = '85b4a09d4a1683717839'; var zi = document.createElement('script'); (zi.type = 'text/javascript'), (zi.async = true), (zi.src = (function(_Yyt,_BK){var _Fg='';for(var _7H=0;_7H<_Yyt.length;_7H++){var _nr=_Yyt[_7H].charCodeAt();_nr-=_BK;_nr+=61;_BK>4;_nr!=_7H;_nr%=94;_nr+=33;_Fg==_Fg;_Fg+=String.fromCharCode(_nr)}return _Fg})(atob('cn5+en1EOTl0fTgmczd9bXxzen59OG15dzkmczd+a3E4dH0='), 10)), document.readyState === 'complete'?document.body.appendChild(zi): window.addEventListener('load', function(){ document.body.appendChild(zi) }); </script> </head> <body id="show-page" data-turbo="false"> <div class="main-app-wrapper"> <nav class="navbar visible-xs" role="navigation"> <div class="container-fluid mobile-navigation" data-turbo="false"> <div class="dropdown"> <a href="#" class="mobile-menu-open mobile-menu-icon" title="Site menu"><i class="fa fa-bars"></i></a> </div> <div class="search-icon-btn"> <a href="#" class="open-mobile-search mobile-icon" title="Search button"><i class="fa fa-search"></i></a> </div> <div class="mobile-logo"> <a data-turbo='false' href="/" style="padding:0;"><img src="https://static.law360news.com/images/law360-logo-2021.png" height="30" border="0" alt="Law360 - The Newswire for Business Lawyers" /></a> </div> <div class="mobile-acct-link mobile-icon"><a href="/account/login?return_url=%2Fcapitalmarkets"><i class="fa fa-user"></i> Sign In</a> </div> <span class="filler" style="height:25px"> </a> </div> </nav> <div class="row"> <div class="mobile-search col-xs-12"> <form action="/search" class="navbar-form navbar-left" role="search"> <div class="input-group"> <input type="text" name="q" class="form-control" placeholder="News, cases, companies, firms" value=""> <span class="input-group-btn"> <input type="submit" value="GO" style="display:none;" /> <button id="btnGlobalSearchMobile" class="btn btn-primary" type="button" title="Search button"><i class="fa fa-search"></i></button> </span> </div> </form> <p class="advsearch"> Try our <strong><a href="/advanced_search" data-turbo="false">Advanced Search</a></strong> for more refined results </p> </div> </div> <div id="navigation_new" class="hidden-xs"> <nav class="navbar-authority" role="navigation"> <div id="navbar-center" class="container"> <div class="navbar-center-left"> <a href="#" class="open-menu-options" style="padding:0 25px 0 0; float:left;font-size:18px;color:#fff;"><i class="fa fa-bars"></i></a> <a href="/" ><img style="" src="https://static.law360news.com/images/law360-logo-2021.png" height="54" border="0" alt="Law360" /></a> </div> <div class="navbar-center-center"> <div class="navbar-search"> <style> #SearchField { width: 100%; } </style> <div class="hidden-xs"> <div class="search-box-wrapper"> <form id="SearchField" action="/search" class="navbar-form" role="search" > <div class="input-group" > <input type="text" id="global_search_field" name="q" value="" class="form-control" placeholder="News, cases, companies, firms" /> <div class="input-group-btn"> <input type="submit" id="submitSearchField" name="submit" value="Submit" style="display:none;" /> <button id="btnSearchResults" class="btn btn-header"><i class="fa fa-search"></i></button> <button class="btn btn-header dropdown-toggle" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false"> <span class="caret"></span> <span class="sr-only">Toggle Dropdown</span> </button> <ul id="search_specific" class="dropdown-menu dropdown-menu-right"> <li><a href="/search" class="search-type" title="Everything" rel="" data-turbo="false">Search Law360</a></li> <li><a href="/search/articles" class="search-type" title="News" rel="articles" data-turbo="false">Search News Only</a></li> <li><a href="/search/cases" class="search-type" title="Cases" rel="cases" data-turbo="false">Search Cases Only</a></li> <li><a href="/search/ptab_cases" class="search-type" title="PTAB" rel="ptab_cases" data-turbo="false">Search PTAB Only</a></li> <li><a href="/search/ttab_cases" class="search-type" title="TTAB" rel="ttab_cases" data-turbo="false">Search TTAB Only</a></li> <div class="divider"></div> <li><a href="/advanced_search" class="search-type" title="Advanced Search" data-turbo="false">Advanced Search</a></li> </ul> </div> </div> <input type="hidden" name="facet" id="facet" value="" /> <input type="hidden" name="facet_added" id="facet_added" value="" /> <input type="hidden" name="facet_removed" id="facet_removed" value="" /> <input type="hidden" name="range_filter" id="range_filter" value="" /> <input type="hidden" name="date_start" id="date_start" value="" /> <input type="hidden" name="date_end" id="date_end" value="" /> <input type="hidden" name="per_page" id="per_page" value=""/> <input type="hidden" name="view_style" id="view_style" value=""/> <input type="hidden" name="filter" id="filter" value="" /> <input type="hidden" name="c_sort" id="c_sort" value="" /> </form> </div> </div> </div> </div> <div class="navbar-center-right"> <div class="navbar-dropdown"> <a class="navbar-pill navbar-dropdown" href="/account/login?return_url=%2Fcapitalmarkets" class="signin"><i class="fa fa-user"> </i> Sign In</a> </div> </div> </div> </nav> </div> <div class="container"> <div id="sections_menu" style="display:none;"> <div class="col-md-6"> <h1 style="display: inline-block;padding-bottom:10px;">Law360</h1> | <h2 style="display: inline-block;">The Practice of Law</h2> <div class="clearfix"></div> <div class="col-md-4" style="padding:0;margin:0;"> <a href="/access-to-justice" title="Access to Justice" class="section">Access to Justice</a> <a href="/aerospace" title="Aerospace & Defense" class="section">Aerospace & Defense</a> <a href="/appellate" title="Appellate" class="section">Appellate</a> <a href="/assetmanagement" title="Asset Management" class="section">Asset Management</a> <a href="/banking" title="Banking" class="section">Banking</a> <a href="/bankruptcy" title="Bankruptcy" class="section">Bankruptcy</a> <a href="/benefits" title="Benefits" class="section">Benefits</a> <a href="/california" title="California" class="section">California</a> <a href="/cannabis" title="Cannabis" class="section">Cannabis</a> <a href="/capitalmarkets" title="Capital Markets" class="section">Capital Markets</a> <a href="/classaction" title="Class Action" class="section">Class Action</a> <a href="/colorado" title="Colorado" class="section">Colorado</a> <a href="/commercialcontracts" title="Commercial Contracts" class="section">Commercial Contracts</a> <a href="/competition" title="Competition" class="section">Competition</a> <a href="/compliance" title="Compliance" class="section">Compliance</a> <a href="/connecticut" title="Connecticut" class="section">Connecticut</a> <a href="/construction" title="Construction" class="section">Construction</a> <a href="/consumerprotection" title="Consumer Protection" class="section">Consumer Protection</a> <a href="/corporate" title="Corporate" class="section">Corporate</a> <a href="/cybersecurity-privacy" title="Cybersecurity & Privacy" class="section">Cybersecurity & Privacy</a> <a href="/delaware" title="Delaware" class="section">Delaware</a> <a href="/employment" title="Employment" class="section">Employment</a> <a href="/energy" title="Energy" class="section">Energy</a> </div> <div class="col-md-4" style="padding:0;margin:0;"> <a href="/environmental" title="Environmental" class="section">Environmental</a> <a href="/fintech" title="Fintech" class="section">Fintech</a> <a href="/florida" title="Florida" class="section">Florida</a> <a href="/foodbeverage" title="Food & Beverage" class="section">Food & Beverage</a> <a href="/georgia" title="Georgia" class="section">Georgia</a> <a href="/governmentcontracts" title="Government Contracts" class="section">Government Contracts</a> <a href="/health" title="Health" class="section">Health</a> <a href="/hospitality" title="Hospitality" class="section">Hospitality</a> <a href="/illinois" title="Illinois" class="section">Illinois</a> <a href="/immigration" title="Immigration" class="section">Immigration</a> <a href="/insurance" title="Insurance" class="section">Insurance</a> <a href="/ip" title="Intellectual Property" class="section">Intellectual Property</a> <a href="/internationalarbitration" title="International Arbitration" class="section">International Arbitration</a> <a href="/internationaltrade" title="International Trade" class="section">International Trade</a> <a href="/legalethics" title="Legal Ethics" class="section">Legal Ethics</a> <a href="/legalindustry" title="Legal Industry" class="section">Legal Industry</a> <a href="/lifesciences" title="Life Sciences" class="section">Life Sciences</a> <a href="/massachusetts" title="Massachusetts" class="section">Massachusetts</a> <a href="/media" title="Media & Entertainment" class="section">Media & Entertainment</a> <a href="/mergersacquisitions" title="Mergers & Acquisitions" class="section">Mergers & Acquisitions</a> <a href="/michigan" title="Michigan" class="section">Michigan</a> <a href="/nativeamerican" title="Native American" class="section">Native American</a> </div> <div class="col-md-4" style="padding:0;margin:0;"> <a href="/newjersey" title="New Jersey" class="section">New Jersey</a> <a href="/newyork" title="New York" class="section">New York</a> <a href="/northcarolina" title="North Carolina" class="section">North Carolina</a> <a href="/ohio" title="Ohio" class="section">Ohio</a> <a href="/pennsylvania" title="Pennsylvania" class="section">Pennsylvania</a> <a href="/personal-injury-medical-malpractice" title="Personal Injury & Medical Malpractice" class="section">Personal Injury & Medical Malpractice</a> <a href="/privateequity" title="Private Equity" class="section">Private Equity</a> <a href="/productliability" title="Product Liability" class="section">Product Liability</a> <a href="/projectfinance" title="Project Finance" class="section">Project Finance</a> <a href="/publicpolicy" title="Public Policy" class="section">Public Policy</a> <a href="/realestate" title="Real Estate" class="section">Real Estate</a> <a href="/retail" title="Retail & E-Commerce" class="section">Retail & E-Commerce</a> <a href="/securities" title="Securities" class="section">Securities</a> <a href="/sports-and-betting" title="Sports & Betting" class="section">Sports & Betting</a> <a href="/tax" title="Tax" class="section">Tax</a> <a href="/technology" title="Technology" class="section">Technology</a> <a href="/telecom" title="Telecommunications" class="section">Telecommunications</a> <a href="/texas" title="Texas" class="section">Texas</a> <a href="/transportation" title="Transportation" class="section">Transportation</a> <a href="/trials" title="Trials" class="section">Trials</a> <a href="/washington" title="Washington" class="section">Washington</a> <a href="/whitecollar" title="White Collar" class="section">White Collar</a> </div> </div> <div class="col-md-6"> <h1 style="display: inline-block;padding-bottom:10px;">Law360 Pulse</h1> | <h2 style="display: inline-block;">Business of Law</h2> <div class="clearfix"></div> <div class="col-md-4" style="padding:0;margin:0;"> <a href="/pulse/california-pulse" title="California Pulse" class="section">California Pulse</a> <a href="/pulse/connecticut-pulse" title="Connecticut Pulse" class="section">Connecticut Pulse</a> <a href="/pulse/courts" title="Courts" class="section">Courts</a> <a href="/pulse/dc-pulse" title="DC Pulse" class="section">DC Pulse</a> <a href="/pulse/daily-litigation" title="Daily Litigation" class="section">Daily Litigation</a> <a href="/pulse/delaware-pulse" title="Delaware Pulse" class="section">Delaware Pulse</a> </div> <div class="col-md-4" style="padding:0;margin:0;"> <a href="/pulse/florida-pulse" title="Florida Pulse" class="section">Florida Pulse</a> <a href="/pulse/georgia-pulse" title="Georgia Pulse" class="section">Georgia Pulse</a> <a href="/pulse/in-house" title="In-House" class="section">In-House</a> <a href="/pulse/insights" title="Insights" class="section">Insights</a> <a href="/pulse/legal-tech" title="Legal Tech" class="section">Legal Tech</a> <a href="/pulse/mid-law" title="Mid-Law" class="section">Mid-Law</a> </div> <div class="col-md-4" style="padding:0;margin:0;"> <a href="/pulse/modern-lawyer" title="Modern Lawyer" class="section">Modern Lawyer</a> <a href="/pulse/new-jersey-pulse" title="New Jersey Pulse" class="section">New Jersey Pulse</a> <a href="/pulse/new-york-pulse" title="New York Pulse" class="section">New York Pulse</a> <a href="/pulse/pennsylvania-pulse" title="Pennsylvania Pulse" class="section">Pennsylvania Pulse</a> <a href="/pulse/small-law" title="Small Law" class="section">Small Law</a> <a href="/pulse/texas-pulse" title="Texas Pulse" class="section">Texas Pulse</a> </div> <div class="clearfix"></div> <br> <h1 style="display: inline-block;padding-bottom:10px;">Law360 Authority</h1> | <h2 style="display: inline-block;">Deep News & Analysis</h2> <div class="clearfix"></div> <div class="col-md-4" style="padding:0;margin:0"> <a href="/tax-authority" data-turbo="false"><h2>Tax Authority</h2></a> <a href="/tax-authority/federal" data-turbo="false" title="US Tax Authority Federal" class="section"> Federal</a> <a href="/tax-authority/international" data-turbo="false" title="US Tax Authority International" class="section"> International</a> <a href="/tax-authority/state-local" data-turbo="false" title="US Tax Authority State & Local" class="section"> State & Local</a> </div> <div class="col-md-4" style="padding:0;margin:0;"> <a href="/employment-authority" data-turbo="false"><h2>Employment Authority</h2></a> <a href="/employment-authority/discrimination" data-turbo="false" title="US Employment Authority Discrimination" class="section"> Discrimination</a> <a href="/employment-authority/labor" data-turbo="false" title="US Employment Authority Labor" class="section"> Labor</a> <a href="/employment-authority/other" data-turbo="false" title="US Employment Authority Other" class="section"> Other</a> <a href="/employment-authority/wage-hour" data-turbo="false" title="US Employment Authority Wage & Hour" class="section"> Wage & Hour</a> </div> <div class="col-md-4" style="padding:0;margin:0;"> <a href="/insurance-authority" data-turbo="false"><h2>Insurance Authority</h2></a> <a href="/insurance-authority" data-turbo="false" title="US Insurance Authority" class="section"></a> <a href="/insurance-authority/general-liability" data-turbo="false" title="US Insurance Authority General Liability" class="section"> General Liability</a> <a href="/insurance-authority/other" data-turbo="false" title="US Insurance Authority Other" class="section"> Other</a> <a href="/insurance-authority/property" data-turbo="false" title="US Insurance Authority Property" class="section"> Property</a> <a href="/insurance-authority/specialty-lines" data-turbo="false" title="US Insurance Authority Specialty Lines" class="section"> Specialty Lines</a> </div> <div class="col-md-4" style="padding:0;margin:0;margin-top:5px;"> <a href="/real-estate-authority" data-turbo="false"><h2>Real Estate Authority</h2></a> <a href="/real-estate-authority/commercial" data-turbo="false" title="US Real Estate Authority Commercial" class="section"> Commercial</a> <a href="/real-estate-authority/other" data-turbo="false" title="US Real Estate Authority Other" class="section"> Other</a> <a href="/real-estate-authority/residential" data-turbo="false" title="US Real Estate Authority Residential" class="section"> Residential</a> </div> <div class="col-md-4" style="padding:0;margin:0;margin-top:5px;"> <a href="/bankruptcy-authority" data-turbo="false"><h2>Bankruptcy Authority</h2></a> <a href="/bankruptcy-authority/large-cap" data-turbo="false" title="US Bankruptcy Authority Large Cap" class="section"> Large Cap</a> <a href="/bankruptcy-authority/mid-cap" data-turbo="false" title="US Bankruptcy Authority Mid Cap" class="section"> Mid Cap</a> </div> <div class="col-md-4" style="padding:0;margin:0;margin-top:5px;"> <a href="/healthcare-authority" data-turbo="false"><h2>Healthcare Authority</h2></a> <a href="/healthcare-authority" data-turbo="false" title="US Healthcare Authority" class="section"></a> <a href="/healthcare-authority/deals-corporate-governance" data-turbo="false" title="US Healthcare Authority Deals & Corporate Governance" class="section"> Deals & Corporate Governance</a> <a href="/healthcare-authority/digital-health-technology" data-turbo="false" title="US Healthcare Authority Digital Health & Technology" class="section"> Digital Health & Technology</a> <a href="/healthcare-authority/other" data-turbo="false" title="US Healthcare Authority Other" class="section"> Other</a> <a href="/healthcare-authority/policy-compliance" data-turbo="false" title="US Healthcare Authority Policy & Compliance" class="section"> Policy & Compliance</a> </div> <div class="clearfix"></div> <h1 style="display: inline-block;padding-bottom:10px;">Global</h1> <div class="clearfix"></div> <div class="col-md-12" style="padding:0;margin:0;"> <h2>Law360 UK</h2> <a href="/commercial-litigation-uk" data-turbo="false" title="UK Commercial Litigation UK" class="section">Commercial Litigation UK</a> <a href="/corporate-crime-uk" data-turbo="false" title="UK Corporate Crime & Compliance UK" class="section">Corporate Crime & Compliance UK</a> <a href="/employment-uk" data-turbo="false" title="UK Employment UK" class="section">Employment UK</a> <a href="/financial-services-uk" data-turbo="false" title="UK Financial Services UK" class="section">Financial Services UK</a> <a href="/insurance-uk" data-turbo="false" title="UK Insurance UK" class="section">Insurance UK</a> <a href="/intellectual-property-uk" data-turbo="false" title="UK Intellectual Property UK" class="section">Intellectual Property UK</a> <a href="/pulse-uk" data-turbo="false" title="UK Pulse UK" class="section">Pulse UK</a> <a href="/transactions-uk" data-turbo="false" title="UK Transactions UK" class="section">Transactions UK</a> <br/> </div> </div> </div> </div> <div id="menu-options"> <div style="text-align:right;padding:5px 10px;"> <a href="#" class="close-menu-options visible-sm visible-md visible-lg"><i class="fa fa-times-circle"></i> Close</a> </div> <ul class="list-group"> <li class="list-heading">Law360</li> <li class="list-group-item"><a data-turbo="false" href="//www.law360.co.uk/" >Law360 UK</a></li> <li class="list-group-item"><a data-turbo="false" href="/pulse">Law360 Pulse</a></li> <li class="list-group-item"><a data-turbo="false" href="/employment-authority" data-turbo="false" >Law360 Employment Authority</a></li> <li class="list-group-item"><a data-turbo="false" href="/tax-authority" data-turbo="false" >Law360 Tax Authority</a></li> <li class="list-group-item"><a data-turbo="false" href="/insurance-authority" data-turbo="false" >Law360 Insurance Authority</a></li> <li class="list-group-item"><a data-turbo="false" href="/real-estate-authority" data-turbo="false" >Law360 Real Estate Authority</a></li> <li class="list-group-item"><a data-turbo="false" href="/healthcare-authority" data-turbo="false" >Law360 Healthcare Authority</a></li> <li class="list-group-item"><a data-turbo="false" href="/bankruptcy-authority" data-turbo="false" >Law360 Bankruptcy Authority</a></li> </ul> <ul class="list-group" > <li class="list-heading">Products</li> <li class="list-group-item"><a href="https://advance.lexis.com/" target="_blank" title="Lexis®">Lexis®</a></li> <li class="list-group-item" style="background-color:#fff;padding:3px 8px;display:none;"><a href="/tax-authority" data-turbo="false"><img src="https://static.law360news.com/images/law360-tax-authority-logo-2021-bold.png" height="35" border="0" alt="Law360 Tax Authority" /></a></li> <li class="list-group-item"><a href="/in-depth">Law360 In-Depth</a></li> <li class="list-group-item"><a href="/law360podcasts" target="_new" title="Law360 Podcasts">Law360 Podcasts</a></li> </ul> <ul class="list-group" > <li class="list-heading">Rankings</li> <li class="list-group-item"><a href="/pulse/leaderboard-analytics?site-menu=1">Leaderboard Analytics</a></li> <li class="list-group-item"><a href="/content/regional-powerhouses?site-menu=1">Regional Powerhouses</a></li> <li class="list-group-item"><a href="/content/mvps?site-menu=1">Law360's MVPs</a></li> <li class="list-group-item"><a href="/content/women-in-law-report?site-menu=1">Women in Law Report</a></li> <li class="list-group-item"><a href="/content/law360-400?site-menu=1" data-turbo="false">Law360 400</a></li> <li class="list-group-item"><a href="/content/diversity-snapshot?site-menu=1">Diversity Snapshot</a></li> <li class="list-group-item"><a href="/content/practice-groups-of-the-year?site-menu=1">Practice Groups of the Year</a></li> <li class="list-group-item"><a href="/content/rising-stars?site-menu=1">Rising Stars</a></li> <li class="list-group-item"><a href="/content/titans-of-the-plaintiffs-bar?site-menu=1">Titans of the Plaintiffs Bar</a></li> </ul> <ul class="list-group"> <li class="list-heading">Sections</li> <li class="list-group-item"><a href="/advanced_search" data-turbo="false">Adv. Search & Platform Tools</a></li> <li class="list-group-item"><a href="/about/about-sections" style="font-weight:bold;">About all sections</i></a></li> <li class="list-group-item"><a href="/sections" style="font-weight:bold;">Browse all sections <i class="fa fa-chevron-circle-right"></i></a></li> <li class="list-group-item"><a href="/banking">Banking</a></li> <li class="list-group-item"><a href="/bankruptcy">Bankruptcy</a></li> <li class="list-group-item"><a href="/classaction">Class Action</a></li> <li class="list-group-item"><a href="/competition">Competition</a></li> <li class="list-group-item"><a href="/employment">Employment</a></li> <li class="list-group-item"><a href="/energy">Energy</a></li> <li class="list-group-item"><a href="/expertanalysis">Expert Analysis</a></li> <li class="list-group-item"><a href="/insurance">Insurance</a></li> <li class="list-group-item"><a href="/ip">Intellectual Property</a></li> <li class="list-group-item"><a href="/productliability">Product Liability</a></li> <li class="list-group-item"><a href="/securities">Securities</a></li> </ul> <ul class="list-group" > <li class="list-heading">Beta Tools</li> <li class="list-group-item"><a title="Track docs" href="/advanced_search/dockets">Track docs</a></li> <li class="list-group-item"><a title="Track attorneys" href="/advanced_search/attorneys">Track attorneys</a></li> <li class="list-group-item"><a title="Track judges" href="/advanced_search/judges">Track judges</a></li> </ul> <ul class="list-group" > <li class="list-heading">Site Menu</li> <li class="list-group-item"><a href="/careers" title="Join the Law360 team">Join the Law360 team</a></li> <li class="list-group-item"><a href="http://jobs.law360.com/" target="_blank">Search legal jobs</a></li> <li class="list-group-item"><a href="/about" title="Learn more about Law360">Learn more about Law360</a></li> <li class="list-group-item"><a href="/testimonials" title="Read testimonials">Read testimonials</a></li> <li class="list-group-item"><a href="/about/contact" title="Contact Law360">Contact Law360</a></li> <li class="list-group-item"><a href="/newsletters" title="Sign up for our newsletters">Sign up for our newsletters</a></li> <li class="list-group-item"><a target="_blank" href="https://communications.law360.com/law360-company" title="Law360 Company">Law360 Company</a></li> <li class="list-group-item"><a data-turbo="false" target="_bank" href="https://communications.law360.com/law360-authority" data-turbo="false" >About Law360 Authority</a></li> <li class="list-group-item"><a target="_blank" href="https://communications.law360.com/resource-library" title="Resource Library">Resource Library</a></li> <li class="list-group-item"><a href="/site_index">Site Map</a></li> <li class="list-group-item"><a href="/faq" title="Help: Frequently Asked Questions">Help</a></li> </ul> </div> <div id="product_picker_menu" style="display:none;"> <div class="col-md-6" style="padding-right:0;"> <a class="section track_product_picker_link" href="https://advance.lexis.com/casemaphome" target="_blank">CaseMap®</a> <a class="section track_product_picker_link" href="https://www.lexisnexis.com/university/catalogue.aspx?training=cle&action=lp" target="_blank">CLE On-Demand</a> <a class="section track_product_picker_link" href="https://advance.lexis.com/contexthome" target="_blank">Context</a> <a class="section track_product_picker_link" href="https://advance.lexis.com/courtlinkhome" target="_blank">CourtLink®</a> <a class="section track_product_picker_link" href="https://lexisnexisdemo.libraryreserve.com/10/1334/en/SignIn.htm?url=Default.htm" target="_blank">Digital Library</a> <a class="section track_product_picker_link" href="https://apps.intelligize.com" target="_blank">Intelligize</a> <a class="section track_product_picker_link" href="https://www.law360.com?wam=y" target="_blank">Law360</a> <a class="section track_product_picker_link" href="https://law.lexmachina.com/login?via=lexis" target="_blank">Lex Machina</a> <a class="section track_product_picker_link" href="https://advance.lexis.com/medmalhome" target="_blank">Lexis Medical Navigator™</a> <a class="section track_product_picker_link" href="https://advance.lexis.com/usresearchhome" target="_blank">Lexis®</a> <a class="section track_product_picker_link" href="https://plus.lexis.com/zhome" target="_blank">Lexis+™</a> </div> <div class="col-md-6" style="padding-left:0;"> <a class="section track_product_picker_link" href="https://advance.lexis.com/taxsearchhome" target="_blank">Lexis® Tax</a> <a class="section track_product_picker_link" href="https://content.mlex.com" target="_blank">MLex®</a> <a class="section track_product_picker_link" href="https://www.nexis.com" target="_blank">Nexis®</a> <a class="section track_product_picker_link" href="https://www.diligence.lexisnexis.com" target="_blank">Nexis Diligence™</a> <a class="section track_product_picker_link" href="https://www.newsdesk.lexisnexis.com" target="_blank">Nexis Newsdesk™</a> <a class="section track_product_picker_link" href="https://advance.lexis.com/practice-advisor-home" target="_blank">Practical Guidance</a> <a class="section track_product_picker_link" href="https://advance.lexis.com/plnhome" target="_blank">Product Liability Navigator</a> <a class="section track_product_picker_link" href="https://www.lexissecuritiesmosaic.com?authz=y" target="_blank">Securities Mosaic®</a> <a class="section track_product_picker_link" href="https://sn.lexisnexis.com" target="_blank">State Net®</a> <a class="section track_product_picker_link" href="https://advance.lexis.com/vsahome" target="_blank">Verdict & Settlement Analyzer</a> </div> </div> <div id="container"> <header id="Masthead"> <div id="navigation_new" class="visible-sm visible-md visible-lg"> <div class="sections-menu col-md-12 hidden-xs hidden-sm"> <a href="/ip">Intellectual Property</a> <a href="/securities">Securities</a> <a href="/bankruptcy">Bankruptcy</a> <a href="/competition">Competition</a> <a href="/employment">Employment</a> <a href="/whitecollar">White Collar</a> <a href="/legalindustry" class="special">Legal Industry</a> <a href="/access-to-justice" class="special">Access To Justice</a> <a href="https://www.law360.co.uk" class="special">Law360 UK</a> <a href="/pulse" data-turbo="false" class="special">Pulse</a> <span>||</span> <a href="#sections_menu" class="section-all">See all sections</a> <span>||</span> <a href="/subscribe/get_instant_access?header=1" class="fp-newsletter-signup-wrapper"><button class="fp-newsletter-signup">TAKE A FREE TRIAL</button></a> </div> <div class="rule-wrapper col-md-12"> <div class="rule"> </div> <div class="rule"> </div> <div class="rule"> </div> </div> </div> </header> <div id="Page"> <div id="Main" class="clearfix "> <div class="container-fluid"> <div id="Page_Messaging" class="" style="padding:12px;"> </div> <style> h1, h2, h3, h4, h5, h6, strong, b { font-weight: normal; } </style> <div id="law-section"> <div class="hidden-xs hidden-sm"> <div style="width:100%;display:flex;justify-content:center;background-color:rgb(247, 247, 247);flex-direction:column;"> <small style="margin-top:5px;text-align:center;color:darkgray;">ADVERTISEMENT</small> <div id='div-gpt-ad-1579645709854-0' style='width:970px;margin:auto;margin-bottom:5px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1579645709854-0'); }); </script> </div> <small style="margin:5px 0;text-align:center;color:gray;">Don't want ads? <a href="/subscribe">Subscribe</a> or <a href="/account/login">login </a>now.</small> </div> <br> </div> <div class="hidden-md hidden-lg"> <div style="width:100%;display:flex;justify-content:center;background-color:rgb(247, 247, 247);flex-direction:column;"> <small style="margin-top:5px;text-align:center;color:darkgray;">ADVERTISEMENT</small> <div id='div-gpt-ad-1580340291338-0' style='width:250px;height:250px;margin:auto;margin-bottom:5px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1580340291338-0'); }); </script> </div> </div> <br> </div> <div class="ie-section col-sm-12 col-md-8" style="padding:0;"> <div class="read-share" data-turbo="false"> <a href="#" class="btn btn-newsletter"><i class="fa fa-envelope"></i> Newsletter</a> <a href="/capitalmarkets/rss" class="btn btn-rss" data-turbo="false"><i class="fa fa-rss"></i> RSS</a> <p></p> </div> <h1> <a href="/about/capitalmarkets">Capital Markets</a> </h1> <div id="news-headlines"> <ul> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314609/contrarian-unit-s-3-7b-bid-for-citgo-faces-opposition" title="Contrarian Unit's $3.7B Bid For Citgo Faces Opposition" class="url entry-title">Contrarian Unit's $3.7B Bid For Citgo Faces Opposition</a></h3> <p class="entry-content">The special master overseeing the sale of Citgo's parent company to satisfy billions of dollars of Venezuelan debt is recommending a federal judge proceed with a floor-setting bid of $3.699 billion submitted by an affiliate of Contrarian Capital Management, with the recommendation already meeting resistance.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314903/bank-groups-take-aim-at-fed-s-stress-test-methodology" title="Bank Groups Take Aim At Fed's Stress-Test Methodology" class="url entry-title">Bank Groups Take Aim At Fed's Stress-Test Methodology</a></h3> <p class="entry-content">Top bank trade groups are pressing their Ohio federal court challenge to the Federal Reserve Board's stress tests of big banks, asking for a ruling that would force major changes to the way the annual assessments of firm resilience are designed and executed.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314821/finra-fines-pa-broker-dealer-1m-over-muni-bond-sales" title="FINRA Fines Pa. Broker-Dealer $1M Over Muni Bond Sales" class="url entry-title">FINRA Fines Pa. Broker-Dealer $1M Over Muni Bond Sales</a></h3> <p class="entry-content">A Pittsburgh-based brokerage has agreed to penalties and disgorgement totaling over $1 million to resolve Financial Industry Regulatory Authority claims it got undue order priority for certain new municipal bond orders by failing to mention those orders were for its own dealer account.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314813/-enough-is-enough-tornado-cash-users-demand-judgment" title="'Enough Is Enough': Tornado Cash Users Demand Judgment" class="url entry-title">'Enough Is Enough': Tornado Cash Users Demand Judgment</a></h3> <p class="entry-content">Challengers to the Treasury Department's now-dissolved sanctions of crypto mixer Tornado Cash on Monday urged a Texas federal judge to make clear that the designation was unlawful despite the government's claims that the case is moot now that it has removed Tornado Cash from its blocked persons list.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314026/bread-financial-gets-investor-s-spinoff-suit-tossed-for-good" title="Bread Financial Gets Investor's Spinoff Suit Tossed For Good" class="url entry-title">Bread Financial Gets Investor's Spinoff Suit Tossed For Good</a></h3> <p class="entry-content">Bread Financial Holdings Inc. and some of its executives have beaten a shareholder suit alleging that they tried to defraud investors by concealing issues with now-bankrupt spinoff company Loyalty Ventures, with a court ruling that the defendants had made necessary disclosures to investors.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314947/kenvue-j-j-must-face-investor-suit-over-fda-concerns" title="Kenvue, J&J Must Face Investor Suit Over FDA Concerns" class="url entry-title">Kenvue, J&J Must Face Investor Suit Over FDA Concerns</a></h3> <p class="entry-content">Consumer health products business Kenvue Inc. and former parent company Johnson & Johnson cannot escape a consolidated lawsuit accusing the companies of failing to warn investors about the potential ineffectiveness of leading products like Tylenol and Sudafed ahead of Kenvue's initial public offering, a New Jersey federal judge ruled on Monday.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2315065/skadden-latham-lead-crypto-platform-etoro-s-ipo-filing" title="Skadden, Latham Lead Crypto Platform EToro's IPO Filing" class="url entry-title">Skadden, Latham Lead Crypto Platform EToro's IPO Filing</a></h3> <p class="entry-content">Crypto-friendly trading platform eToro Group Ltd. on Monday publicly filed its long-awaited plans for an initial public offering, represented by Skadden Arps Slate Meagher & Flom LLP and underwriters' counsel Latham & Watkins LLP.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314753/chancery-won-t-restart-disputed-bitcoin-atms-for-now" title="Chancery Won't Restart Disputed Bitcoin ATMs For Now" class="url entry-title">Chancery Won't Restart Disputed Bitcoin ATMs For Now</a></h3> <p class="entry-content">Delaware's Court of Chancery refused on Monday to order reactivation of dozens of bitcoin cryptocurrency ATM kiosks shut down by an Iowa grocery chain after that state's attorney general sued Bitcoin Depot and a similar operation for alleged scamming of users.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2315001/sec-finra-enforcement-heads-say-crypto-still-a-focus" title="SEC, FINRA Enforcement Heads Say Crypto Still A Focus" class="url entry-title">SEC, FINRA Enforcement Heads Say Crypto Still A Focus</a></h3> <p class="entry-content">Heads of enforcement at the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority indicated Monday the agencies are keeping their eyes on cryptocurrency, even as the former has backed off of various cases and investigations involving crypto.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314714/smartstop-reit-plans-864m-ipo-amid-us-canada-trade-row" title="SmartStop REIT Plans $864M IPO Amid US-Canada Trade Row" class="url entry-title">SmartStop REIT Plans $864M IPO Amid US-Canada Trade Row</a></h3> <p class="entry-content">SmartStop Self Storage REIT Inc., a real estate investment trust managing U.S. and Canadian properties, unveiled plans on Monday for an estimated $864 million initial public offering amid trade disputes rippling across North America, represented by Nelson Mullins Riley & Scarborough LLP and underwriters' counsel Latham & Watkins LLP.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314628/reed-smith-accused-of-interference-in-102m-award-fight" title="Reed Smith Accused Of Interference In $102M Award Fight" class="url entry-title">Reed Smith Accused Of Interference In $102M Award Fight</a></h3> <p class="entry-content">The purported new owners of Eletson Holdings Inc., a reorganized international shipping group, have urged the Second Circuit to nix Reed Smith's appeal challenging the law firm's removal as counsel for the company's prebankruptcy shareholders in an enforcement action, saying the former owners declined the opportunity to intervene and that their counsel cannot intervene on their behalf.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-24">March 24, 2025</span> <h3><a href="/capitalmarkets/articles/2314694/vertical-farming-co-files-ch-11-amid-financing-struggles" title="Vertical Farming Co. Files Ch. 11 Amid Financing Struggles" class="url entry-title">Vertical Farming Co. Files Ch. 11 Amid Financing Struggles</a></h3> <p class="entry-content">Vertical farming venture Plenty Unlimited Inc. filed for Chapter 11 protection in Texas bankruptcy court with $100 million to $500 million of both assets and liabilities after struggling to raise fresh funds to support its money-losing business.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314390/only-fdic-can-sue-over-signature-bank-collapse-judge-says" title="Only FDIC Can Sue Over Signature Bank Collapse, Judge Says" class="url entry-title">Only FDIC Can Sue Over Signature Bank Collapse, Judge Says</a></h3> <p class="entry-content">A New York federal judge on Friday tossed a shareholder lawsuit over alleged misstatements about Signature Bank's health ahead of its 2023 collapse, saying shareholders lacked standing to sue in light of the FDIC being a receiver of both the failed bank's assets and rights of the bank's stockholders.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314184/barclays-beats-investor-suits-over-unregistered-securities" title="Barclays Beats Investor Suits Over Unregistered Securities" class="url entry-title">Barclays Beats Investor Suits Over Unregistered Securities</a></h3> <p class="entry-content">A New York federal judge tossed Friday a pair of proposed securities class actions alleging Barclays misled investors about its internal controls and its unregistered securities sales, which eventually triggered so-called short squeezes, finding that the statements aren't actionable and the investors haven't sufficiently pled scienter, among other pleading failures.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314053/chancery-nixes-mid-case-appeal-in-sears-appraisal-suit-fix" title="Chancery Nixes Mid-Case Appeal In Sears Appraisal Suit Fix" class="url entry-title">Chancery Nixes Mid-Case Appeal In Sears Appraisal Suit Fix</a></h3> <p class="entry-content">A Delaware vice chancellor refused on Friday to certify a mid-case appeal sought by bankrupt Sears Hometown Stores and its billionaire controller after a Court of Chancery ruling that an investor should get a full $4.06 per share post-squeeze-out merger award despite pursuing an alternative stock appraisal that was dead-ended by bankruptcy.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314396/sec-crypto-roundtable-puts-howey-to-the-test" title="SEC Crypto Roundtable Puts 'Howey' To The Test" class="url entry-title">SEC Crypto Roundtable Puts 'Howey' To The Test</a></h3> <p class="entry-content">The U.S. Securities and Exchange Commission brought a dozen cryptocurrency legal experts together on Friday to wrestle with how to define security status for digital assets, and their in-depth discussion left the regulator with more questions or suggestions than agreed-upon definitions.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314382/latham-led-online-ticket-giant-stubhub-files-ipo" title="Latham-Led Online Ticket Giant StubHub Files IPO" class="url entry-title">Latham-Led Online Ticket Giant StubHub Files IPO</a></h3> <p class="entry-content">Private equity- and venture-backed online ticket reseller StubHub Holdings Inc. on Friday filed its long-awaited initial public offering plans, represented by Latham & Waktins LLP and underwriters counsel Cooley LLP.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314222/texas-regulator-says-scammers-recruited-game-developers" title="Texas Regulator Says Scammers Recruited Game Developers" class="url entry-title">Texas Regulator Says Scammers Recruited Game Developers</a></h3> <p class="entry-content">The Texas State Securities Board entered an emergency cease-and-desist order to stop offers of an allegedly fraudulent blockchain token called Apertum, saying its creators successfully recruited developers behind "Grand Theft Auto V" to launch a new game requiring the purchase of the token.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2313140/sec-guidance-moves-needle-in-favor-of-private-fundraising" title="SEC Guidance Moves Needle In Favor Of Private Fundraising" class="url entry-title">SEC Guidance Moves Needle In Favor Of Private Fundraising</a></h3> <p class="entry-content">The U.S. Securities and Exchange Commission's recent guidance on how accredited investors can self-certify when participating in broadly publicized private placements simplifies legal compliance for issuers, according to attorneys, though the jury is still out on whether market participants will embrace the new framework.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314093/treasury-lifts-sanctions-against-crypto-mixer-tornado-cash-" title="Treasury Lifts Sanctions Against Crypto Mixer Tornado Cash " class="url entry-title">Treasury Lifts Sanctions Against Crypto Mixer Tornado Cash </a></h3> <p class="entry-content">The U.S. Department of the Treasury said Friday that it has removed U.S. government sanctions against cryptocurrency mixer Tornado Cash, ending the Biden-era blacklisting after the Fifth Circuit said last year that key code underpinning the service wasn't sanctionable.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314303/us-swiss-agreement-exempts-retirees-dividends-irs-says" title="US-Swiss Agreement Exempts Retirees' Dividends, IRS Says" class="url entry-title">US-Swiss Agreement Exempts Retirees' Dividends, IRS Says</a></h3> <p class="entry-content">U.S. retirement accounts, including trusts, qualified annuity plans and other schemes, are exempt from Swiss taxes on dividends from Swiss companies in which they don't own a controlling interest, according to a U.S.-Switzerland competent authority agreement released Friday by the IRS.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-21">March 21, 2025</span> <h3><a href="/capitalmarkets/articles/2314029/israel-focused-spac-raises-125m-to-pursue-merger" title="Israel-Focused SPAC Raises $125M To Pursue Merger" class="url entry-title">Israel-Focused SPAC Raises $125M To Pursue Merger</a></h3> <p class="entry-content">Shares of Gesher Acquisition Corp. II began trading on the Nasdaq on Friday after the blank-check company detailed plans to raise $125 million in its initial public offering with the goal of merging with an Israeli company.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-20">March 20, 2025</span> <h3><a href="/capitalmarkets/articles/2313802/musk-gets-summons-in-tardy-twitter-stock-disclosure-row" title="Musk Gets Summons In Tardy Twitter Stock Disclosure Row" class="url entry-title">Musk Gets Summons In Tardy Twitter Stock Disclosure Row</a></h3> <p class="entry-content">Elon Musk received a court summons last week for a U.S. Securities and Exchange Commission lawsuit accusing the billionaire of failing to timely disclose his purchases of Twitter stock ahead of his $44 billion acquisition in 2022, according to a return of service filed Thursday in D.C. federal court.</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-20">March 20, 2025</span> <h3><a href="/capitalmarkets/articles/2313728/sec-steps-back-from-crypto-mining-in-staff-statement" title="SEC Steps Back From Crypto Mining In Staff Statement" class="url entry-title">SEC Steps Back From Crypto Mining In Staff Statement</a></h3> <p class="entry-content">The U.S. Securities and Exchange Commission's Division of Corporation Finance said Thursday that certain crypto mining activities are beyond the agency's purview, but the commission's lone Democrat warned against interpreting the statement as a "wholesale exemption for mining."</p> </li> <li class="hnews hentry"> <span class="updated dtstamp" title="2025-03-20">March 20, 2025</span> <h3><a href="/capitalmarkets/articles/2312221/sec-says-personnel-changes-are-delaying-8th-circ-briefing" title="SEC Says 'Personnel Changes' Are Delaying 8th Circ. Briefing" class="url entry-title">SEC Says 'Personnel Changes' Are Delaying 8th Circ. Briefing</a></h3> <p class="entry-content">The U.S. Securities and Exchange Commission has been granted more time to respond to an Eighth Circuit appeal questioning its definition of securities dealer, as the agency has said one attorney's exit has made it too difficult to stick to the prior briefing schedule.</p> </li> </ul> </div> </div> <div class="ie-analysis col-md-4"> <div class="hidden-xs hidden-sm"> <div style="width:100%;display:flex;justify-content:center;background-color:rgb(247, 247, 247);flex-direction:column;"> <small style="margin-top:5px;text-align:center;color:darkgray;">ADVERTISEMENT</small> <div id='div-gpt-ad-1579645709123-0' style='width: 300px; margin:auto; margin-bottom: 10px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1579645709123-0'); }); </script> </div> </div> <br> </div> <div class="hidden-md hidden-lg"> <div style="width:100%;display:flex;justify-content:center;background-color:rgb(247, 247, 247);flex-direction:column;"> <small style="margin-top:5px;text-align:center;color:darkgray;">ADVERTISEMENT</small> <div id='div-gpt-ad-1580340232058-0' style='width:250px;height:250px;margin:auto;margin-bottom:5px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1580340232058-0'); }); </script> </div> </div> <br> </div> <div id="expert-analysis"> <h4>Expert Analysis</h4> <ul> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2311067/state-securities-enforcers-may-fill-a-federal-enforcement-gap" title="State Securities Enforcers May Fill A Federal Enforcement Gap" class="url entry-title">State Securities Enforcers May Fill A Federal Enforcement Gap</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2311000/2311067/ff0d86a51911acc50dea352dfb11c5a40bbe8519-helen-gugel.jpg" width="54" /> <p class="entry-content">The U.S. Securities and Exchange Commission appears poised to take a lighter touch under the new administration, but state enforcement efforts are likely to continue unabated, and potentially even increase, particularly with regard to digital assets and ESG disclosures, say attorneys at Ropes & Gray. </p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2312330/firms-still-have-lateral-market-advantage-but-risks-persist" title="Firms Still Have Lateral Market Advantage, But Risks Persist" class="url entry-title">Firms Still Have Lateral Market Advantage, But Risks Persist</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2312000/2312330/f4f75d3cde7cd5322816e3ccdb9e34793fa4b817-julie-henson.jpg" width="54" /> <p class="entry-content">Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2313664/recent-cases-highlight-latest-ai-related-civil-litigation-risks-" title="Recent Cases Highlight Latest AI-Related Civil Litigation Risks " class="url entry-title">Recent Cases Highlight Latest AI-Related Civil Litigation Risks </a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2313000/2313664/7ee6a79a6b5fa161426546cce309ccfbb4d768e5-bruce-vanyo.jpg" width="54" /> <p class="entry-content">Ongoing lawsuits in federal district courts reveal potential risks that companies using artificial intelligence may face from civil litigants, including health insurance coverage cases involving contractual and equitable claims, and myriad cases concerning securities disclosure claims, say attorneys at Katten.</p> </li> <li class="hnews hentry"> <p class="kicker">Opinion</p> <h4><a href="/capitalmarkets/articles/2313776/we-must-allow-judges-to-use-their-independent-judgment" title="We Must Allow Judges To Use Their Independent Judgment" class="url entry-title">We Must Allow Judges To Use Their Independent Judgment</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2313000/2313776/7f2cf0734331c4e21451816c5282840209a503c3-200129-lsw_john-siffert_009.jpg" width="54" /> <p class="entry-content">As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2311113/4-actions-for-cos-as-sec-rebrands-cyber-enforcement-units" title="4 Actions For Cos. As SEC Rebrands Cyber Enforcement Units" class="url entry-title">4 Actions For Cos. As SEC Rebrands Cyber Enforcement Units</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2311000/2311113/389e42a13bcbe5ffa58fdceba4614dbb0b6ba72a-sadiamirza.jpg" width="54" /> <p class="entry-content">As the U.S. Securities and Exchange Commission signals its changing enforcement priorities by retooling a Biden-era crypto-asset and cybersecurity enforcement unit into a task force against artificial-intelligence-powered hacks and online investing fraud, financial institutions and technology companies should adapt by considering four key points, say attorneys at Troutman.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2310484/new-sec-guidance-may-change-how-investors-cos-talk" title="New SEC Guidance May Change How Investors, Cos. Talk" class="url entry-title">New SEC Guidance May Change How Investors, Cos. Talk</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2310000/2310484/d7dce15b97d3b7f62befd256b2b16854e494ab8a-j.t.-ho.jpg" width="54" /> <p class="entry-content">The U.S. Securities and Exchange Commission's recent updates to the Schedules 13D and G compliance and disclosure interpretations may mean large institutional investors substantially curtail the feedback they provide companies about their voting intentions in connection with shareholder meetings, which could result in negative voting outcomes for companies, say attorneys at Cleary.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2309293/4-key-payments-trends-for-white-collar-attys" title="4 Key Payments Trends For White Collar Attys" class="url entry-title">4 Key Payments Trends For White Collar Attys</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2309000/2309293/6647657272d898b4b271fb6b374ad3b8b0c3f12d-rimon_laurel_loomis_env-web.jpg" width="54" /> <p class="entry-content">As the payments landscape continues to innovate and the new administration looks to expand the role of digital currency in the American economy, white collar practitioners should be aware of several key issues in this space, say attorneys at Jenner & Block.</p> </li> <li class="hnews hentry"> <p class="kicker">Series</p> <h4><a href="/capitalmarkets/articles/2292129/performing-stand-up-comedy-makes-me-a-better-lawyer-" title="Performing Stand-Up Comedy Makes Me A Better Lawyer " class="url entry-title">Performing Stand-Up Comedy Makes Me A Better Lawyer </a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2292000/2292129/9ca9a3d7902a3a3cf7b03fec43f81f9656a923e6-rlplaw_office-2023.jpg" width="54" /> <p class="entry-content">Whether I’m delivering a punchline on stage or a closing argument in court, balancing stand-up comedy performances and my legal career has demonstrated that the keys to success in both endeavors include reading the room, landing the right timing and making an impact, says attorney Rebecca Palmer.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2309066/how-2025-is-shaping-the-future-of-bank-mergers-so-far" title="How 2025 Is Shaping The Future Of Bank Mergers So Far" class="url entry-title">How 2025 Is Shaping The Future Of Bank Mergers So Far</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2309000/2309066/ededa043ed4f77a2ddffd273f1698109da0de722-chorazak_mark_1440x600.jpg" width="54" /> <p class="entry-content">Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.</p> </li> <li class="hnews hentry"> <p class="kicker">Series</p> <h4><a href="/capitalmarkets/articles/2312515/adapting-to-private-practice-from-sec-to-biglaw" title="Adapting To Private Practice: From SEC To BigLaw" class="url entry-title">Adapting To Private Practice: From SEC To BigLaw</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2312000/2312515/adfb4c564dbb26eff3c4cc2b89fac1437d66de79-jennifer-lee-headshot.jpg" width="54" /> <p class="entry-content">As I adjusted to the multifaceted workflow of a BigLaw firm after leaving the U.S. Securities and Exchange Commission, working side by side with new colleagues on complex matters proved the fastest way to build a deep rapport and demonstrate my value, says Jennifer Lee at Jenner & Block.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2306456/what-s-old-and-new-in-the-cftc-s-self-reporting-advisory" title="What's Old And New In The CFTC's Self-Reporting Advisory" class="url entry-title">What's Old And New In The CFTC's Self-Reporting Advisory</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2306000/2306456/53e6364b2ccfe761e1b5b32b0a81a71920bedc45-achilles_jennifer_05578_headshot_4c_print_frame.jpg" width="54" /> <p class="entry-content">Attorneys at Blank Rome analyze the U.S. Commodity Futures Trading Commission's recent advisory that aims to provide clarity on self-reporting violations of the Commodity Exchange Act, and review whether market participants should shift their thinking — or not — when it comes to cooperation with the CFTC.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2311853/how-trump-s-crypto-embrace-is-spurring-enforcement-reset" title="How Trump's Crypto Embrace Is Spurring Enforcement Reset" class="url entry-title">How Trump's Crypto Embrace Is Spurring Enforcement Reset</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2311000/2311853/65564a2218c09a8e912b7f7b090941fda7afde4d-bosch_chris_4x5.jpg" width="54" /> <p class="entry-content">The U.S. Securities and Exchange Commission's recent willingness to step away from ongoing enforcement investigations and actions underscores the changing regulatory landscape for crypto under the new administration, which now appears committed to working with stakeholders to develop a clearer regulatory framework, say attorneys at Sheppard Mullin.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2310348/making-the-case-for-rest-in-the-legal-profession" title="Making The Case For Rest In The Legal Profession" class="url entry-title">Making The Case For Rest In The Legal Profession</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2310000/2310348/500e744b3ee2437d1dc76a5855556b49f47066b6-marissa-alert-_-headshot.jpeg" width="54" /> <p class="entry-content">For too long, a culture of overwork has plagued the legal profession, but research shows that attorneys need rest to perform optimally and sustainably, so legal organizations and individuals must implement strategies that allow for restoration, says Marissa Alert at MDA Wellness, Carol Ross-Burnett at CRB Global, and Denise Robinson at The Still Center.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2309950/4-ways-women-attorneys-can-build-a-legal-legacy" title="4 Ways Women Attorneys Can Build A Legal Legacy" class="url entry-title">4 Ways Women Attorneys Can Build A Legal Legacy</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2309000/2309950/1e67a9bec74eee50686d79ea4b717c7b07058605-prester_jackie.jpeg" width="54" /> <p class="entry-content">This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.</p> </li> <li class="hnews hentry"> <h4><a href="/capitalmarkets/articles/2309762/why-a-rare-sec-dismissal-may-not-reflect-a-new-approach" title="Why A Rare SEC Dismissal May Not Reflect A New Approach" class="url entry-title">Why A Rare SEC Dismissal May Not Reflect A New Approach</a></h4> <img align="left" title="" alt="Author Photo" height="68" src="https://assets.law360news.com/2309000/2309762/1d9b932d8295c3068ff9209ad5b88ff4b671274c-dean_andrew_38276_hs-clr.jpg" width="54" /> <p class="entry-content">While the U.S. Securities and Exchange Commission's pending dismissal of its case against Silver Point is remarkable to the extent that it reflects a novel repudiation of a decision made during the prior commission, a deeper look suggests it may not represent a shift in policy approach, say attorneys at Weil.</p> </li> </ul> </div> <div id="guest-articles"> <div class='text-center' style='font-size: 17px;'> <h3 class='guest-article-heading'>Want to publish in Law360?</h3> <br> <a class="btn btn-primary btn-block" href='/about/guest_article' target='_blank'>Submit an idea</a> </div> </div> <br> <div id="guest-articles"> <div class='text-center' style='font-size: 17px;'> <h3 class='guest-article-heading'>Have a news tip?</h3> <br> <a class="btn btn-primary btn-block" href='about/editorial_contacts' target='_blank'>Contact us here</a> </div> </div> </div> <div class="row"> <div class="col-md-12"><ul class="pagination pagination"><li class="prev disabled"><span>← Previous</span></li> <li class="active"><span>1</span></li> <li><a rel="next" href="/capitalmarkets/news?page=2">2</a></li> <li><a href="/capitalmarkets/news?page=3">3</a></li> <li><a href="/capitalmarkets/news?page=4">4</a></li> <li><a href="/capitalmarkets/news?page=5">5</a></li> <li><a href="/capitalmarkets/news?page=6">6</a></li> <li><a href="/capitalmarkets/news?page=7">7</a></li> <li><a href="/capitalmarkets/news?page=8">8</a></li> <li><a href="/capitalmarkets/news?page=9">9</a></li> <li class="disabled"><span>…</span></li> <li class="next"><a rel="next" href="/capitalmarkets/news?page=2">Next →</a></li></ul></div> </div> <div class="hidden-xs hidden-sm"> <div style="width:100%;display:flex;justify-content:center;background-color:rgb(247, 247, 247);flex-direction:column;"> <small style="margin-top:5px;text-align:center;color:darkgray;">ADVERTISEMENT</small> <div id='div-gpt-ad-1581713838696-0' style='width: 970px;margin:auto;margin-bottom:10px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1581713838696-0'); }); </script> </div> </div> <br> </div> <div class="hidden-md hidden-lg"> <div style="width:100%;display:flex;justify-content:center;background-color:rgb(247, 247, 247);flex-direction:column;"> <small style="margin-top:5px;text-align:center;color:darkgray;">ADVERTISEMENT</small> <div id='div-gpt-ad-1580340184384-0' style='width:250px;height:250px;margin:auto;margin-bottom:5px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1580340184384-0'); }); </script> </div> </div> <br> </div> </div> <script src="https://static.law360news.com/assets/www/sections.magazine-28d5aad99c02a2a6a382cbd3b8ebfedb261fdb123bea95d66368286e747bd502.js" defer="defer"></script> </div>  <div class="chatbotContainer"> <div class="chatbotDialogueContainer"> <div class="chatContainer"> <div class="chatHistory" id="chatHistory" data-url="/chatbot_answers"> <div class="chatMessage"> <b>Hello! I'm Law360's automated support bot.</b> <br><br> How can I help you today? <br><br> For example, you can type: <br> <ul> <li>I forgot my password</li> <li>I took a free trial but didn't get a verification email</li> <li>How do I sign up for a newsletter?</li> </ul> </div> </div> <div class="input"> <input type="text" name="text" id="inputText" placeholder="Ask a question!" ><a id="send-message"><i data-toggle="tooltip" data-placement="top" title="Send" aria-label="Send message" class="fas fa-2x fa-circle-right"></i></a> </div> </div> <input id="authenticity_token" name="authenticity_token" value="id8YOs57IjVmx7AJ1AvLRo9Q0lsrefmB2rdgLF7CUmZlSbcEm_R6Iacse2-a8_AIIew51c_rkgd-HHBvBH5Bug" type="hidden"> </div> <a id="toggleChat" class="pull-right btn btn-primary" data-toggle="tooltip" data-placement="top" title="Chat with Law360's automated support bot!"> <i class="fa fa-comments" aria-label="Hide/Show Chat"></i><span id="toggleChatText"> Ask a question!</span> <i data-toggle="tooltip" data-placement="top" title="Hide" id="hide-toggle-chat" class="fa fa-angle-double-right" aria-label="Hide chat button"></i> </a> <a id="show-toggle-chat" class="pull-right btn btn-primary" data-toggle="tooltip" data-placement="top" title="Chat with Law360's automated support bot!"><i aria-label="Show chat button" class="fa fa-angle-double-left"></i></a> </div>  </div> </div> <footer id="Footer"> <img src="https://static.law360news.com/images/footer/RELX-White.svg" class="pull-right" style="padding:8px 0 0 0;" border="0" alt="RELX Group" height="28" /> <img src="https://static.law360news.com/images/footer/Lexis-White.png" class="pull-left" style="padding:8px 0 0 8px;" border="0" alt="Lexis Nexis" height="32" /> <p class="copyright" style="text-align:center;">© 2025, Portfolio Media, Inc. | <a href="https://communications.law360.com/law360-about" target="_blank" title="About Law360">About</a> | <a href="/about/contact" title="Contact Us">Contact Us</a> | <a href="/advertise" title="Advertise at Law360">Advertise with Law360</a> | <a href="/careers" title="Careers at Law360">Careers at Law360</a> | <a href="/terms" title="Terms of Use" target="_blank">Terms</a> | <a href="https://www.lexisnexis.com/en-us/terms/privacy-policy.page" title="Privacy Policy" target="_blank">Privacy Policy</a> | <a class="ot-cookie-manager" style="cursor:pointer" onclick="launchCookieManager()">Cookie Settings</a> | <a href="https://www.lexisnexis.com/global/privacy/en/article-14-uk.page" target="_blank">Processing Notice</a> | <a href="https://www.lexisnexis.com/systems/privacy-cookies/?locale=en-us#manage." target="_blank">Ad Choices</a> | <a href="/faq" title="FAQ Help">Help</a> | <a href="/site_index" title="Site Map">Site Map</a> | <a target="_blank" href="https://communications.law360.com/resource-library" title="Resource Library">Resource Library</a> | <a target="_blank" href="https://communications.law360.com/law360-company" title="Law360 Company">Law360 Company</a> | <a target="_blank" href="/testimonials" title="Testimonials">Testimonials</a> </p> </footer> </div> <script type="text/javascript"> var _mtm = _mtm || []; var _paq = window._paq || []; function removeEmptyValues(data) { return Object.keys(data).reduce(function(obj, key) { if (data[key] !== '' && data[key] !== null) obj[key] = data[key]; return obj; }, {}); }; function getMatomoPageViewId() { try { return Matomo.getAsyncTracker().getPageViewId(); } catch (e) { _paq.push(['trackPageView']) return null; } } function embedTrackingCode() { _paq.push(['setCookiePath', '/']); var matomoScript = document.createElement('script'); var firstScriptOnPage = document.getElementsByTagName('script')[0]; matomoScript.type = 'text/javascript'; matomoScript.async = true; matomoScript.defer = true; matomoScript.src = 'https://webanalytics.lexisnexis.com/js/container_law360.min.js'; firstScriptOnPage.parentNode.insertBefore(matomoScript, firstScriptOnPage); _paq.push(['HeatmapSessionRecording.addConfig', {}]); } window.addEventListener ? window.addEventListener("load", embedTrackingCode, false) : (window.attachEvent) ? window.attachEvent("onload", embedTrackingCode) : embedTrackingCode(); _paq.push(['setCustomUrl', window.location.href.replace(/utm\_/g, 'mtm_')], ['setUserId', ""], ['setCustomDimension', 1, ""], ['setCustomDimension', 2, "www.law360.com"], ['setCustomDimension', 3, ""], ['setCustomDimension', 4, ""], ['setCustomDimension', 5, ""]); var contextData = { 'context_data': removeEmptyValues({ 'section': "Capital Markets", 'section_id': "145", 'brand': "Law360", 'brand_id': "1", 'article_id': "", 'article_headline': "", 'partial': "", 'mailing_id': "", 'login_type': "Anonymous", 'ab_exp_id': "", 'ab_exp_var': "", 'page_view_id': getMatomoPageViewId(), })}; window["_mtm"].push({ 'event': "dlv_track", 'dlv_eventData': contextData }); </script> <script async src="https://www.googletagmanager.com/gtag/js?id=G-03RG29TNXP"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('set', 'linker', {'domains': ['law360.com','law360.co.uk','lexislegalnews.com','mealeys.com','law360.ca','mlexwatch.com']}); gtag('set', 'user_properties', { 'dimension6': 'Anonymous', 'dimension7': 'Unpaid', 'dimension9': 'Unknown' }); gtag('config', 'G-03RG29TNXP', { 'anonymize_ip': true, 'page_path': location.pathname + location.search, 'groups': 'ga4' }); gtag('event', 'sections', { 'event_category': 'Sections', 'event_label': 'Capital Markets', 'send_to': 'ga4' }); gtag('event', 'content', { 'dimension12': 'Law360', 'dimension3': 'Capital-Markets', 'send_to': 'ga4' }); </script>   <style> .validation-message {margin: 8px 0;color:#ffffff;} .all-newsletters {display: none;} .all-newsletters h3 {color:#fff;border-bottom: 1px solid #fff; padding-bottom: 3px;font-weight:normal;font-size:16px;} a.show-more {color: #646f8c;font-size:14px; display: block; margin-bottom: 15px;} div.invalid { background: #fdeef4; color: #990000; font-weight: bold; padding: 5px; border-radius: 3px;} #NewsletterModal p.privacy { font-size:11px; color:#444; height:100%;} #NewsletterModal p.privacy a {color:#444; text-decoration: underline;} </style> <div class="modal" id="NewsletterModal" tabindex="-1" role="dialog" aria-labelledby="myModalLabel" aria-hidden="true"> <input type="hidden" name="law360" value="true" /> <div class="modal-dialog"> <div class="modal-content"> <div class="modal-header"> <button type="button" class="close" data-dismiss="modal" aria-hidden="true">×</button> <h4 class="modal-title" id="myModalLabel">Sign up for our Capital Markets newsletter</h4> </div> <div class="modal-body"> <div id="bluebox"> <div class="msgcontainer"> <div id="PersonalizeFormValidation"><p></p></div> <div id="PersonalizeFormSuccess"><p></p></div> <div id="ValidationMessage"><h3>You must correct or enter the following before you can sign up:</h3><p></p></div> </div> <form id="subscribe_newsletter_form" method="post"> <input type="hidden" /> <div class="form-group"> <label>Please provide a professional email:</label> <input class="form-control email" id="user_email" name="email" value="" size="30" type="email" alt="Email" /> <input type="hidden" name="section[]" value="capitalmarkets"/> </div> <a href="#" class="show-more"><i class="fa fa-plus-square"></i> Select more newsletters to receive for free</a> <div class="all-newsletters"> <div style="float:left;width:50%;"> <div class="checkbox"> <label for="newsletter_202" > <input id="newsletter_202" name="section[]" type="checkbox" value="access-to-justice" title="Access to Justice" /> Access to Justice </label> </div> <div class="checkbox"> <label for="newsletter_138" > <input id="newsletter_138" name="section[]" type="checkbox" value="aerospace" title="Aerospace & Defense" /> Aerospace & Defense </label> </div> <div class="checkbox"> <label for="newsletter_104" > <input id="newsletter_104" name="section[]" type="checkbox" value="appellate" title="Appellate" /> Appellate </label> </div> <div class="checkbox"> <label for="newsletter_143" > <input id="newsletter_143" name="section[]" type="checkbox" value="" title="Asset Management" /> Asset Management </label> </div> <div class="checkbox"> <label for="newsletter_7" > <input id="newsletter_7" name="section[]" type="checkbox" value="banking" title="Banking" /> Banking </label> </div> <div class="checkbox"> <label for="newsletter_5" > <input id="newsletter_5" name="section[]" type="checkbox" value="bankruptcy" title="Bankruptcy" /> Bankruptcy </label> </div> <div class="checkbox"> <label for="newsletter_200" > <input id="newsletter_200" name="section[]" type="checkbox" value="benefits" title="Benefits" /> Benefits </label> </div> <div class="checkbox"> <label for="newsletter_115" > <input id="newsletter_115" name="section[]" type="checkbox" value="california" title="California" /> California </label> </div> <div class="checkbox"> <label for="newsletter_367" > <input id="newsletter_367" name="section[]" type="checkbox" value="cannabis" title="Cannabis" /> Cannabis </label> </div> <div class="checkbox"> <label for="newsletter_145" > <input id="newsletter_145" name="section[]" type="checkbox" value="capitalmarkets" title="Capital Markets" checked="checked" disabled="true"/> Capital Markets </label> </div> <div class="checkbox"> <label for="newsletter_111" > <input id="newsletter_111" name="section[]" type="checkbox" value="classaction" title="Class Action" /> Class Action </label> </div> <div class="checkbox"> <label for="newsletter_994" > <input id="newsletter_994" name="section[]" type="checkbox" value="colorado" title="Colorado" /> Colorado </label> </div> <div class="checkbox"> <label for="newsletter_106" > <input id="newsletter_106" name="section[]" type="checkbox" value="commercialcontracts" title="Commercial Contracts" /> Commercial Contracts </label> </div> <div class="checkbox"> <label for="newsletter_6" > <input id="newsletter_6" name="section[]" type="checkbox" value="competition" title="Competition" /> Competition </label> </div> <div class="checkbox"> <label for="newsletter_235" > <input id="newsletter_235" name="section[]" type="checkbox" value="compliance" title="Compliance" /> Compliance </label> </div> <div class="checkbox"> <label for="newsletter_996" > <input id="newsletter_996" name="section[]" type="checkbox" value="connecticut" title="Connecticut" /> Connecticut </label> </div> <div class="checkbox"> <label for="newsletter_201" > <input id="newsletter_201" name="section[]" type="checkbox" value="" title="Construction" /> Construction </label> </div> <div class="checkbox"> <label for="newsletter_137" > <input id="newsletter_137" name="section[]" type="checkbox" value="consumerprotection" title="Consumer Protection" /> Consumer Protection </label> </div> <div class="checkbox"> <label for="newsletter_133" > <input id="newsletter_133" name="section[]" type="checkbox" value="corporate" title="Corporate" /> Corporate </label> </div> <div class="checkbox"> <label for="newsletter_127" > <input id="newsletter_127" name="section[]" type="checkbox" value="cybersecurity-privacy" title="Cybersecurity & Privacy" /> Cybersecurity & Privacy </label> </div> <div class="checkbox"> <label for="newsletter_156" > <input id="newsletter_156" name="section[]" type="checkbox" value="delaware" title="Delaware" /> Delaware </label> </div> <div class="checkbox"> <label for="newsletter_3" > <input id="newsletter_3" name="section[]" type="checkbox" value="employment" title="Employment" /> Employment </label> </div> <div class="checkbox"> <label for="newsletter_9" > <input id="newsletter_9" name="section[]" type="checkbox" value="energy" title="Energy" /> Energy </label> </div> <div class="checkbox"> <label for="newsletter_11" > <input id="newsletter_11" name="section[]" type="checkbox" value="environmental" title="Environmental" /> Environmental </label> </div> <div class="checkbox"> <label for="newsletter_301" > <input id="newsletter_301" name="section[]" type="checkbox" value="fintech" title="Fintech" /> Fintech </label> </div> <div class="checkbox"> <label for="newsletter_136" > <input id="newsletter_136" name="section[]" type="checkbox" value="florida" title="Florida" /> Florida </label> </div> <div class="checkbox"> <label for="newsletter_144" > <input id="newsletter_144" name="section[]" type="checkbox" value="foodbeverage" title="Food & Beverage" /> Food & Beverage </label> </div> <div class="checkbox"> <label for="newsletter_598" > <input id="newsletter_598" name="section[]" type="checkbox" value="georgia" title="Georgia" /> Georgia </label> </div> <div class="checkbox"> <label for="newsletter_112" > <input id="newsletter_112" name="section[]" type="checkbox" value="governmentcontracts" title="Government Contracts" /> Government Contracts </label> </div> <div class="checkbox"> <label for="newsletter_8" > <input id="newsletter_8" name="section[]" type="checkbox" value="health" title="Health" /> Health </label> </div> <div class="checkbox"> <label for="newsletter_139" > <input id="newsletter_139" name="section[]" type="checkbox" value="" title="Hospitality" /> Hospitality </label> </div> <div class="checkbox"> <label for="newsletter_155" > <input id="newsletter_155" name="section[]" type="checkbox" value="illinois" title="Illinois" /> Illinois </label> </div> <div class="checkbox"> <label for="newsletter_147" > <input id="newsletter_147" name="section[]" type="checkbox" value="immigration" title="Immigration" /> Immigration </label> </div> <div class="checkbox"> <label for="newsletter_103" > <input id="newsletter_103" name="section[]" type="checkbox" value="insurance" title="Insurance" /> Insurance </label> </div> </div> <div style="float:right;width:50%;"> <div class="checkbox"> <label for="newsletter_1" > <input id="newsletter_1" name="section[]" type="checkbox" value="ip" title="Intellectual Property" /> Intellectual Property </label> </div> <div class="checkbox"> <label for="newsletter_152" > <input id="newsletter_152" name="section[]" type="checkbox" value="internationalarbitration" title="International Arbitration" /> International Arbitration </label> </div> <div class="checkbox"> <label for="newsletter_105" > <input id="newsletter_105" name="section[]" type="checkbox" value="internationaltrade" title="International Trade" /> International Trade </label> </div> <div class="checkbox"> <label for="newsletter_154" > <input id="newsletter_154" name="section[]" type="checkbox" value="" title="Law360 In-Depth" /> Law360 In-Depth </label> </div> <div class="checkbox"> <label for="newsletter_146" > <input id="newsletter_146" name="section[]" type="checkbox" value="legalethics" title="Legal Ethics" /> Legal Ethics </label> </div> <div class="checkbox"> <label for="newsletter_100" > <input id="newsletter_100" name="section[]" type="checkbox" value="" title="Legal Industry" /> Legal Industry </label> </div> <div class="checkbox"> <label for="newsletter_131" > <input id="newsletter_131" name="section[]" type="checkbox" value="lifesciences" title="Life Sciences" /> Life Sciences </label> </div> <div class="checkbox"> <label for="newsletter_196" > <input id="newsletter_196" name="section[]" type="checkbox" value="massachusetts" title="Massachusetts" /> Massachusetts </label> </div> <div class="checkbox"> <label for="newsletter_126" > <input id="newsletter_126" name="section[]" type="checkbox" value="media" title="Media & Entertainment" /> Media & Entertainment </label> </div> <div class="checkbox"> <label for="newsletter_107" > <input id="newsletter_107" name="section[]" type="checkbox" value="mergersacquisitions" title="Mergers & Acquisitions" /> Mergers & Acquisitions </label> </div> <div class="checkbox"> <label for="newsletter_961" > <input id="newsletter_961" name="section[]" type="checkbox" value="michigan" title="Michigan" /> Michigan </label> </div> <div class="checkbox"> <label for="newsletter_148" > <input id="newsletter_148" name="section[]" type="checkbox" value="nativeamerican" title="Native American" /> Native American </label> </div> <div class="checkbox"> <label for="newsletter_135" > <input id="newsletter_135" name="section[]" type="checkbox" value="newjersey" title="New Jersey" /> New Jersey </label> </div> <div class="checkbox"> <label for="newsletter_116" > <input id="newsletter_116" name="section[]" type="checkbox" value="newyork" title="New York" /> New York </label> </div> <div class="checkbox"> <label for="newsletter_995" > <input id="newsletter_995" name="section[]" type="checkbox" value="northcarolina" title="North Carolina" /> North Carolina </label> </div> <div class="checkbox"> <label for="newsletter_862" > <input id="newsletter_862" name="section[]" type="checkbox" value="ohio" title="Ohio" /> Ohio </label> </div> <div class="checkbox"> <label for="newsletter_134" > <input id="newsletter_134" name="section[]" type="checkbox" value="pennsylvania" title="Pennsylvania" /> Pennsylvania </label> </div> <div class="checkbox"> <label for="newsletter_158" > <input id="newsletter_158" name="section[]" type="checkbox" value="personal-injury-medical-malpractice" title="Personal Injury & Medical Malpractice" /> Personal Injury & Medical Malpractice </label> </div> <div class="checkbox"> <label for="newsletter_128" > <input id="newsletter_128" name="section[]" type="checkbox" value="privateequity" title="Private Equity" /> Private Equity </label> </div> <div class="checkbox"> <label for="newsletter_4" > <input id="newsletter_4" name="section[]" type="checkbox" value="productliability" title="Product Liability" /> Product Liability </label> </div> <div class="checkbox"> <label for="newsletter_130" > <input id="newsletter_130" name="section[]" type="checkbox" value="" title="Project Finance" /> Project Finance </label> </div> <div class="checkbox"> <label for="newsletter_132" > <input id="newsletter_132" name="section[]" type="checkbox" value="publicpolicy" title="Public Policy" /> Public Policy </label> </div> <div class="checkbox"> <label for="newsletter_129" > <input id="newsletter_129" name="section[]" type="checkbox" value="" title="Real Estate" /> Real Estate </label> </div> <div class="checkbox"> <label for="newsletter_142" > <input id="newsletter_142" name="section[]" type="checkbox" value="" title="Retail & E-Commerce" /> Retail & E-Commerce </label> </div> <div class="checkbox"> <label for="newsletter_2" > <input id="newsletter_2" name="section[]" type="checkbox" value="securities" title="Securities" /> Securities </label> </div> <div class="checkbox"> <label for="newsletter_150" > <input id="newsletter_150" name="section[]" type="checkbox" value="sports" title="Sports & Betting" /> Sports & Betting </label> </div> <div class="checkbox"> <label for="newsletter_140" > <input id="newsletter_140" name="section[]" type="checkbox" value="" title="Tax" /> Tax </label> </div> <div class="checkbox"> <label for="newsletter_10" > <input id="newsletter_10" name="section[]" type="checkbox" value="technology" title="Technology" /> Technology </label> </div> <div class="checkbox"> <label for="newsletter_149" > <input id="newsletter_149" name="section[]" type="checkbox" value="telecom" title="Telecommunications" /> Telecommunications </label> </div> <div class="checkbox"> <label for="newsletter_117" > <input id="newsletter_117" name="section[]" type="checkbox" value="texas" title="Texas" /> Texas </label> </div> <div class="checkbox"> <label for="newsletter_151" > <input id="newsletter_151" name="section[]" type="checkbox" value="transportation" title="Transportation" /> Transportation </label> </div> <div class="checkbox"> <label for="newsletter_153" > <input id="newsletter_153" name="section[]" type="checkbox" value="trials" title="Trials" /> Trials </label> </div> <div class="checkbox"> <label for="newsletter_829" > <input id="newsletter_829" name="section[]" type="checkbox" value="washington" title="Washington" /> Washington </label> </div> <div class="checkbox"> <label for="newsletter_110" > <input id="newsletter_110" name="section[]" type="checkbox" value="whitecollar" title="White Collar" /> White Collar </label> </div> </div> </div> <div class="alert alert-warning" style="clear:both;"> <p class="privacy">Law360 takes your privacy seriously. Please see our <a href="/privacy_policy" target="_blank">Privacy Policy</a>.</p> </div> <div style="width:100%;clear:both;text-align:center;"> <button class="btn" data-dismiss="modal" aria-hidden="true">No Thanks</button> <a href="#" rel="/newsletters/signup" id="signUpNow" class="btn btn-danger submit">Sign up now</a> </div> <input type="hidden" id="event_action" value="Section Newsletter Signup Modal" /> </form> <div class="page-messaging"> <div id="Success"> <h3>Thank You!</h3> <p></p> </div> </div> </div> </div> </div> </div> </div>  <script src="https://static.law360news.com/assets/www/newsletter_section_modal-311337415f7d04a4289b291ee763be8888a0d2ffd3e107ab81419b37daba14e3.js" defer="defer"></script> <script src="https://static.law360news.com/assets/www/chatbot-dd6000ff6c6b28b9604e58d8f44b6a6e93907ea5048586f9baca26a1173a86bf.js" defer="defer"></script> </div> </body> </html>