Your business drives us.
Results define us.

Katten announced today that Sunay Radia has joined the firm’s London office as a Partner in its growing Restructuring practice.

One of the oldest thought experiments in artificial intelligence (AI) safety imagines a powerful AI system with a simple instruction to make paper clips. The system pursues that goal with total devotion. It converts the world’s resources into paper clip factories and resists every effort to shut it down or change its goals. For years, many observers dismissed the scenario as fanciful. A truly intelligent system, the argument went, would weigh paper clips against other moral considerations or at least ask its creators whether they really wanted the world razed for office supplies.

Katten’s London Restructuring practice has been recognized in the 2027 editions of the Legal 500 United Kingdom guide (as a “Firm to Watch”) and of the Chambers UK guide (with Partner James Davison, practice head, being ranked), in the first publications released since the team’s arrival at the firm in early 2026.

The UK’s new regulatory framework for cryptoassets has moved decisively from policy development to implementation. The Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 establish a new regulatory perimeter for cryptoasset activities, bringing a range of activities within the UK financial services regulatory framework under the Financial Services and Markets Act 2000 (FSMA). The new regime is due to take effect on 25 October 2027.

In our 2025 LP investment trends advisory, we described a delicate balance of power between LPs and General Partners (GPs), with LPs continuing to focus on fee transparency, liquidity solutions and governance while the largest GPs continued to set the tone. A year on, the dynamic continues to evolve. Exits remain slow, distributions are subdued and fundraising continues to be challenging for many GPs outside of the largest and best-performing managers. LPs remain committed to private equity, but they are increasingly selective about where they commit capital, on what terms and through which structures.