TPG Lands Nearly $8B Across 3 Asia-Focused Funds

By Jade Martinez-Pogue

Private equity giant TPG, advised by Cleary Gottlieb Steen & Hamilton LLP and Fried Frank Harris Shriver & Jacobson LLP, has closed three Asia-focused funds after securing a combined total of nearly $8 billion from investors.

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Concord Won't Increase 'Final' $1.5B Bid For Rival Hipgnosis

By Tom Fish

Concord Chorus Ltd. said Thursday that it has ruled out raising its "final" all-cash offer of $1.25 per share for rival music rights company Hipgnosis Songs, which leaves only an improved bid by private equity firm Blackstone in the running to buy it.

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Brightstar Capital Scores Slot Machine Supplier In $1.1B Deal

By Jade Martinez-Pogue

Gaming supplier PlayAGS Inc., guided by Cooley LLP, on Thursday announced that it has agreed to be acquired by Kirkland & Ellis LLP-advised Brightstar Capital Partners in a $1.1 billion take-private transaction.

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Masimo Makes Offer To End Activist Politan's Proxy Contest

By Elaine Briseño

Medical technology company Masimo Corp. revealed Thursday that it is willing to appoint one of the director nominees put forth by activist investment firm Politan Capital Management LP in exchange for the company dropping its proxy fight, though Politan signaled distaste with the proposed deal.

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Trump SPAC Investor Convicted Of Insider Trading

By Cara Salvatore

A Manhattan federal jury on Thursday convicted a Florida investment pro of securities fraud and conspiracy for allegedly exploiting confidential plans to take Donald Trump's media company Truth Social public in a $23 million insider trading case.

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Bain Capital Plugs $250M Into Professional Services Firm

By Jade Martinez-Pogue

Technology-enabled professional services company Sikich LLC on Thursday announced that it has secured a $250 million minority growth investment from private equity giant Bain Capital in a transaction built by four firms.

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Skadden-Led Firm Nets $250M In May's Second SPAC Listing

By Tom Zanki

GP-Act III Acquisition Corp., a Skadden-led special-purpose acquisition company backed by multiple private investment firms, began trading on Thursday after completing a $250 million initial public offering, marking the second SPAC listing this month in an otherwise battered market.

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Deals Rumor Mill: Paramount, Peloton, International Paper

By Al Barbarino

Sony and Apollo plan to break up Paramount if their $26 billion bid prevails, private equity firms are eyeing a Peloton buyout, and International Paper gets a $15 billion bid from Brazil's Suzano. Here, Law360 breaks down the notable deal rumors from the past week.

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PE Firm Sells Another £60.2M Of Shares Of Ads Biz

By Dawood Fakhir

An investment company backed by private equity firm Apax Partners said Thursday that it has sold part of its stake in online classifieds group Baltic Classifieds Group PLC for £60.2 million ($75 million).

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Hedge Fund Manager Says Partner Cut Him Out Of Company

By Spencer Brewer

A hedge fund manager accused his business partner in Texas state court of wrongfully cutting him out of a Dallas-based wealth management company, saying the partner tried to strong-arm him into transferring his ownership interest.

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Dual-Track IPO-M&A Exit Strategies For Life Science Cos.

A dual-track process for life sciences companies offers a proven path to securing favorable deal terms for an exit, and strategic moves can include running a crossover financing round in the lead-up, say attorneys at McDermott.

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King & Spalding Accused Of Anti-White, Pro-LGBTQ Bias

By Ryan Boysen

A straight white woman is suing King & Spalding LLP alleging discrimination after getting a rare green light from the U.S. Equal Employment Opportunity Commission, claiming she incurred "significant damages" when she was dissuaded from applying to a summer associate program open only to "diverse" applicants.

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Former Akin Chairman R. Bruce McLean Dies At 77

By Tracey Read

Former Akin Gump Strauss Hauer & Feld LLP Chairman R. Bruce McLean — who helped transform Akin into an international powerhouse — died Thursday, the firm said. He was 77.

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Fox Rothschild Hires Ex-Seed IP Trio On The West Coast

By Andrea Keckley

Fox Rothschild is bringing on more intellectual property talent on the West Coast, announcing Friday that it had added three former Seed IP attorneys to its Seattle offices.

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Titan Of The Plaintiffs Bar: Pomerantz's Murielle Steven Walsh

By Adrian Cruz

For Murielle Steven Walsh, the concept of standing up for the underdog came early in her life, as the longtime Pomerantz LLP partner described her constant battles with Catholic school teachers as some of the first motivating factors that led her to pursue a legal career that involves representing shareholders suing some of the world's biggest corporations.

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Cohen Urged To Stop Trashing Trump As Testimony Nears

By Rachel Scharf, Frank G. Runyeon and Stewart Bishop

The Manhattan judge overseeing Donald Trump's criminal hush money trial made clear Friday that he wants star witness Michael Cohen to stop talking publicly about the charges as the former president's erstwhile attorney prepares to take the stand as soon as Monday.

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Coverage Recap: Day 11 Of Trump's NY Hush Money Trial

By Stewart Bishop

Law360 reporters are providing live updates from the Manhattan criminal courthouse as Donald Trump goes on trial for allegedly falsifying business records related to hush money payments ahead of the 2016 election. Here's a recap from Friday, day 11 of the trial.

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The Week In Trump: All Eyes On NY As Other Cases Lag

By Phillip Bantz

Donald Trump's Manhattan hush money trial took center stage with dramatic testimony from adult film actress Stormy Daniels, while the former president's criminal cases in Georgia and Florida ran into delays that could last through Election Day.

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Dem Lawmakers Call For 5th Circ. Judge To Exit CFPB Case

By Jack Rodgers

Six Democratic lawmakers sent a letter admonishing the Judicial Conference, saying Friday it was "undermining the integrity of the judiciary" by allowing a Fifth Circuit judge to participate in a matter in which he has a significant conflict of interest.

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Now Hiring: Michigan AG Seeks Attys For Climate Change Suits

By Madeline Lyskawa

Michigan Attorney General Dana Nessel is looking for attorneys and law firms to serve as assistant attorneys general to pursue litigation related to climate change on behalf of the state of Michigan.

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SEC Asks For Win Following Ex-Apple Atty's Guilty Plea

By Sydney Price

The U.S. Securities and Exchange Commission moved for summary judgment Friday on insider trading claims against a former senior attorney at Apple Inc., arguing there is no need to relitigate claims since the lawyer already pled guilty to criminal charges related to a lucrative insider trading scheme.

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Feds Seek 20 Mos. For Ex-Baltimore State's Atty

By Elliot Weld

Prosecutors asked a Maryland federal court to sentence former state's attorney Marilyn Mosby to 20 months in prison after she was convicted of lying to obtain money from a retirement fund and conning a lender to obtain a vacation home, saying she "could not be trusted to tell the truth" despite her position of public trust.

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Law360's Legal Lions Of The Week

By Kevin Penton

Cravath Swaine & Moore LLP, Lewis Law Firm PLLC and Kleppin Firm PA lead this week's edition of Law360 Legal Lions, after the U.S. Supreme Court determined that plaintiffs in copyright ownership disputes can recover damages beyond the three-year statute of limitations for bringing a claim.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Help for lawyers in dealing with legal data challenges has come, thanks to corporate and law firm leaders who founded a new industry framework called Legal Data Intelligence. And at least one U.S. senator is questioning Amazon and Walmart's use of new tech to create "dynamic pricing" that may harm consumers.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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E-Discovery Quarterly: Recent Rulings On Text Message Data

Electronically stored information on cellphones, and in particular text messages, can present unique litigation challenges, and recent court decisions demonstrate that counsel must carefully balance what data should be preserved, collected, reviewed and produced, say attorneys at Sidley.

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