AI Startup Nscale Hits $14.6B Valuation, Backed By Nvidia

By Jade Martinez-Pogue

Artificial intelligence hyperscaler Nscale on Monday revealed it had reached a $14.6 billion valuation after closing a Series C funding round with $2 billion in tow, supported by Nvidia, Lenovo and others.

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Critical Minerals Biz Goes Public Via $4.7B SPAC Deal

By Jade Martinez-Pogue

Critical minerals company and geothermal energy developer Controlled Thermal Resources Holdings Inc., advised by Duane Morris LLP, on Monday unveiled plans to go public by merging with Greenberg Traurig LLP-advised special purpose acquisition company Plum Acquisition Corp. IV in a $4.7 billion deal.

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Shell Sells Jiffy Lube To Monomoy Capital For $1.3B

By Spencer Brewer

A Shell USA Inc. subsidiary announced Monday that it will sell Jiffy Lube International Inc. to Kirkland & Ellis LLP-led Monomoy Capital Partners in a $1.3 billion deal.

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Sullivan & Cromwell Advises Agilent On $950M Biocare Buy

By Al Barbarino

Agilent Technologies Inc. agreed to acquire Biocare Medical, a specialist in clinical and research pathology solutions, in an all-cash transaction valued at $950 million, the company said Monday.

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GoodVision AI To Go Public Through $180M SPAC Merger

By Jade Martinez-Pogue

Cloud computing and artificial intelligence infrastructure solutions provider GoodVision AI Inc., advised by VCL Law LLP, unveiled plans Monday to go public by merging with Graubard Miller-advised special purpose acquisition company Calisa Acquisition Corp. in a deal valued at $180 million.

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Trump Media Investor's Venue Bid Rejected By Fla. High Court

By David Minsky

Florida's Supreme Court on Monday rejected a petition for review brought by an investor in President Donald Trump's Truth Social platform who challenged an order denying his motion to toss or transfer the company's lawsuit against him after he claimed it was filed in the wrong jurisdiction. 

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BBQ Co. Execs, Trust Co. Settle Workers' ESOP Fight

By Kellie Mejdrich

A New York-based barbecue chain's executives and the caretaker of the company's employee stock ownership plan have agreed to settle a class action from workers alleging ESOP mismanagement, the parties told a New York federal court Monday.

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5 Key Issues Affecting Deal Structurings In Ship Finance

Several trends are shaping the ship finance landscape, including the impact of Basel IV in Europe and the Nordic bond market, making it essential for both lenders and shipowners to utilize creative deal structuring and maintain an awareness of competitive dynamics across traditional bank and private lending, say attorneys at Holland & Knight.

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Kavanaugh, Jackson Debate High Court Emergency Orders

By Katie Buehler

U.S. Supreme Court Justice Brett Kavanaugh pushed back Monday against critiques that the high court is ruling in favor of President Donald Trump in emergency appeals more often than it did for prior presidents, saying people who believe those allegations have "short" memories. 

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Ex-DLA Piper Atty Alleging Rape Can't Remain Anonymous

By Lauren Berg

A former Boston-based DLA Piper associate cannot use a pseudonym to pursue a lawsuit alleging she was raped by one of the firm's former partners, a Massachusetts judge ruled, noting that she already publicly revealed her identity in a related suit against the accused attorney.

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Employment Law Cases Have Rebounded Except For FLSA

By Max Kutner

Employment law cases overall have bounced back from pandemic-era lows, especially discrimination and disability accommodation suits, though a slump has continued for Fair Labor Standards Act claims, according to a report by legal analytics provider Lex Machina.

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NJ US Atty Trio Booted In 2nd Leadership Ouster

By George Woolston

A federal judge on Monday disqualified the three assistant attorneys overseeing the U.S. Attorney's Office for the District of New Jersey, finding the "byzantine" leadership structure is unconstitutional.

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Brief

SCOTUSblog Founder Goldstein To Be Sentenced In June

By Emily Sawicki

SCOTUSblog founder Thomas Goldstein, currently under home confinement in Washington, D.C., after a Maryland jury convicted him on tax evasion and mortgage fraud charges, will face sentencing in June.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court's docket last week featured disputes spanning alleged forged board approvals at a telecom startup, evidence-destruction claims tied to WWE's blockbuster merger with UFC and investor scrutiny of a multibillion-dollar deal between Intel and the U.S. government.

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McGuireWoods Beats Sun Pharma's DQ Bid In NJ Suit

By George Woolston

A New Jersey federal court has denied Sun Pharmaceutical's bid to disqualify McGuireWoods LLP from representing pharmaceutical company Biofrontera in litigation over the alleged breach of a settlement agreement, ruling the firm's continued representation won't harm Sun Pharmaceutical and will avoid significant harm to Biofrontera.

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Lewis Brisbois Renews Bid To Force Paralegal To Arbitrate

By Adrian Cruz

Lewis Brisbois Bisgaard & Smith LLP asked a Florida state judge on Friday to have a former paralegal arbitrate her defamation claims that its actions tarnished her reputation and cost her a job at another firm.

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K&L Gates IP Atty Tapped For Wash. Supreme Court Seat

By Rachel Riley

A K&L Gates intellectual property litigator will become the Washington State Supreme Court's first justice of Middle Eastern descent, Washington Gov. Bob Ferguson said Monday, announcing his pick to replace veteran retiring Justice Barbara Madsen.

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