Private Equity

  • September 17, 2024

    Ex-GT Attorney Joins Jones Day's Real Estate Ranks

    A real estate attorney with a background in digital infrastructure work is moving from Greenberg Traurig LLP to the Washington, D.C., office of Jones Day.

  • September 17, 2024

    Euronext Buys UK Stock Market Research, Data Software Biz

    Euronext NV said Tuesday that it has bought Substantive Research Ltd., a British provider of investment research and market data, as the stock exchange aims to bolster its analysis service for investors.

  • September 17, 2024

    70% Of Insurance Underwriters Fear Replacement By AI

    Seven out of 10 insurance underwriting professionals in the U.S. and U.K. fear losing their jobs within the next five years to artificial intelligence, a survey released Tuesday suggested, as the sector increasingly invests in new forms of automation.

  • September 17, 2024

    Top UK Banks Push Payments Infrastructure Reform Plan

    The trade body for financial institutions urged U.K. regulators and companies on Tuesday to engage with a new infrastructure for digital payments that is backed by major banks and card providers.

  • September 17, 2024

    Skadden, Freshfields Guide Midea's $4B Hong Kong Listing

    Midea Group debuted on the Hong Kong Stock Exchange on Tuesday after the home appliance giant raised almost $4 billion in the largest initial public offering in the special administrative region of China since early 2021.

  • September 17, 2024

    Swiss Seize $15M From Bank For 'Serious' Market Violations

    The Swiss financial markets regulator said Tuesday it has seized 12.7 million Swiss francs ($15 million) from Mirabaud & Cie SA after it ruled that the private bank had "seriously violated" the law and breached its anti-money-laundering obligations.

  • September 16, 2024

    Red Lobster Exits Bankruptcy Protection

    Casual dining seafood chain Red Lobster exited from Chapter 11 on Monday under private equity ownership and with a new CEO, five months after filing for bankruptcy to pursue a sale.

  • September 16, 2024

    CFT Capital Raises $781M For 2nd Co-Investment Fund

    Los Angeles-based CFT Capital, which manages assets on behalf of the family who founded Panda Express' parent company, said Monday it has clinched its second co-investment fund after amassing roughly $781.2 million in capital.

  • September 16, 2024

    Silver Point Wraps $4.6B Opportunistic Credit Fund

    Silver Point Capital beat its target to lock down $4.6 billion for its latest opportunistic credit fund, the Connecticut-based credit investing firm announced Monday.

  • September 16, 2024

    5th Circ. Rejects Favre's Hail Mary In Sharpe Defamation Fight

    The Fifth Circuit on Monday affirmed the dismissal of Brett Favre's defamation suit against fellow former NFL star Shannon Sharpe, who called him a "sorry mofo" on air, ruling Sharpe was allowed to express his opinions about Favre's alleged involvement in a sprawling Mississippi welfare fraud scheme.

  • September 16, 2024

    Gibson Dunn Taps Akin Gump Atty For Private Credit Growth

    A former Akin Gump partner has joined Gibson Dunn to lead the firm's private credit efforts, the firm said Monday, marking its latest addition to its New York office.

  • September 16, 2024

    Natural Gas Co. BKV To Raise Up To $315M In IPO

    Natural gas producer BKV Corp. said Monday that it plans to raise up to $315 million as part of its initial public offering in New York.

  • September 16, 2024

    Carlyle Commits $1B To Clean Real Estate Finance Co.

    Investment giant Carlyle said Monday that it has taken a stake in and committed $1 billion to real estate finance company North Bridge, which will be used toward green commercial upgrades.

  • September 16, 2024

    A&O Shearman Hires Finance Pro From Latham In Paris

    A&O Shearman said Monday that it has recruited a leveraged finance expert as a partner from Latham & Watkins LLP in France, adding to a string of recent exits from the U.S. outfit in Europe.

  • September 16, 2024

    Thoma Bravo's $5B Bid For Darktrace All Set For Completion

    Darktrace PLC said Monday that a bid of approximately $5.3 billion by U.S. private equity firm Thoma Bravo for the British cybersecurity company has won all the necessary competition and regulatory approval, paving way for the deal to be completed on Oct. 1.

  • September 16, 2024

    Ares Tops $3.3B For Latest US Distressed Real Estate Fund

    Ares said Monday it pulled in more than $3.3 billion for its fourth fund targeting distressed U.S. real estate assets, as the asset manager looks to capitalize on a troubled market.

  • September 13, 2024

    The 2024 Regional Powerhouses

    The law firms on Law360's list of 2024 Regional Powerhouses reflected the local peculiarities of their states while often representing clients in deals and cases that captured national attention.

  • September 13, 2024

    Truth Social Founders Take Trump Fight To Fed Court

    A co-founder of Donald Trump's Truth Social website has brought the fight over taking the company public to Florida federal court after several adverse events in state court actions, including the company filing an amended complaint to incorporate securities fraud that the U.S. government alleges.  

  • September 13, 2024

    Investors Greenlight Carbon Credit Co.'s $213M SPAC Merger

    The special purpose acquisition company merger taking Canadian carbon-credit manager DevvStream public at an estimated valuation of $212.8 million has received approval from investors of both sides, the companies announced Friday.

  • September 13, 2024

    Vista Hails Sweetened CSG Bid, But Leaves MNC Door Open

    Vista Outdoor Inc. on Friday voiced support for an increased offer from Czech defense company Czechoslovak Group AS to buy a slice of the ammunition and outdoor company, while also urging MNC Capital Partners LP to make its "best and final" bid in a competing campaign.

  • September 13, 2024

    Trio Of BigLaw Mergers Expected To Drive More Deal Talks

    After months of a relatively steady pace of law firm mergers and acquisitions, the trio of proposed BigLaw tie-ups announced in recent days will likely spur more firms toward entertaining similar deal talks, experts say. Here, Law360 offers a snapshot of the proposed deals.

  • September 13, 2024

    2 Life Sciences Cos. Start Trading After Raising $540M Total

    Drug developers Bicara Therapeutics Inc. and Zenas BioPharma Inc. have debuted on the Nasdaq stock exchange in separate initial public offerings steered by a trio of law firms.

  • September 13, 2024

    Plane Leaser Avolon To Fly Away With Aircraft Fleet For $5B

    Avolon Ltd. said Friday that it has agreed to buy a portfolio of nearly 120 aircraft indirectly owned by U.S. alternative investment manager Castlelake LP for $5 billion as the aviation leasing giant looks to accelerate its growth.

  • September 13, 2024

    High Court Sanctions £2.2B Deal For Network International

    Middle Eastern payments company Network International Holdings said on Friday that the High Court has sanctioned a £2.2 billion ($2.9 billion) takeover bid from Brookfield Asset Management Ltd.

  • September 13, 2024

    Former Y Combinator GC Joins Freshfields In Silicon Valley

    The former general counsel for a well-known startup accelerator that has backed companies including Airbnb, Coinbase, DoorDash and Instacart has jumped to Freshfields and its Silicon Valley office, the law firm announced on Friday.

Expert Analysis

  • FTC Theories Of Harm After Anesthesia Co. Ruling

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    As Federal Trade Commission litigation against U.S. Anesthesia Partners proceeds following a Texas federal court's recent decision to dismiss a private equity sponsor from the suit, the case attempts to incorporate and advance some of the commission's theories of competitive harm from the final 2023 Merger Guidelines, say attorneys at Mintz.

  • Investors Can Aid In The Acceptance Of Psychedelic Medicine

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    Psychedelic medicine is ready to have its breakthrough moment, and although it still faces political, legal and communications challenges, private equity investors can play a significant role in changing the public perception on psychedelics from taboo to acceptance, say Kimberly Chew at Husch Blackwell, Charlie Panfil at the Daschle Group and Ethan Lutz at FTI Consulting.

  • Perspectives

    Trauma-Informed Legal Approaches For Pro Bono Attorneys

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    As National Trauma Awareness Month ends, pro bono attorneys should nevertheless continue to acknowledge the mental and physical effects of trauma, allowing them to better represent clients, and protect themselves from compassion fatigue and burnout, say Katherine Cronin at Stinson and Katharine Manning at Blackbird.

  • What Updated PLR Procedure May Mean For Stock Spin-Offs

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    A recently published Internal Revenue Service revenue procedure departs from commonly understood interpretations of the spinoff rules by imposing more stringent standards on companies seeking private letter rulings regarding tax-free stock spinoff and split-off transactions, and may presage regulatory changes that would have the force of law, say attorneys at Skadden.

  • Opinion

    Del. Needs To Urgently Pass Post-Moelis Corporate Law Bill

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    After the Delaware Chancery Court's decision in West Palm Beach Firefighters' Pension v. Moelis sparked confusion around governance rights, recently proposed amendments to the Delaware General Corporation Law would preserve the state's predictable corporate governance system, says Lawrence Hamermesh at Widener University Delaware Law School.

  • 4 Arbitration Takeaways From High Court Coinbase Ruling

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    The U.S. Supreme Court's May 23 decision in Coinbase v. Suski, which provides clarity to parties faced with successive contracts containing conflicting dispute resolution provisions, has four practical impacts for contracting parties to consider, say Charles Schoenwetter and Eric Olson at Bowman and Brooke.

  • Series

    Playing Music Makes Me A Better Lawyer

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    My deep and passionate involvement in playing, writing and producing music equipped me with skills — like creativity, improvisation and problem-solving — that contribute to the success of my legal career, says attorney Kenneth Greene.

  • How Attys Can Avoid Pitfalls When Withdrawing From A Case

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    The Trump campaign's recent scuffle over its bid to replace its counsel in a pregnancy retaliation suit offers a chance to remind attorneys that many troubles inherent in withdrawing from a case can be mitigated or entirely avoided by communicating with clients openly and frequently, says Christopher Konneker at Orsinger Nelson.

  • Using A Children's Book Approach In Firm Marketing Content

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    From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.

  • Series

    Being An EMT Makes Me A Better Lawyer

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    While some of my experiences as an emergency medical technician have been unusually painful and searing, the skills I’ve learned — such as triage, empathy and preparedness — are just as useful in my work as a restructuring lawyer, says Marshall Huebner at Davis Polk.

  • Mitigating Incarceration's Impacts On Foreign Nationals

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    Sentencing arguments that highlighted the disparate impact incarceration would have on a British national recently sentenced for insider training by a New York district court, when compared to similarly situated U.S. citizens, provide an example of the advocacy needed to avoid or mitigate problems unique to noncitizen defendants, say attorneys at Lankler Siffert.

  • Exploring An Alternative Model Of Litigation Finance

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    A new model of litigation finance, most aptly described as insurance-backed litigation funding, differs from traditional funding in two key ways, and the process of securing it involves three primary steps, say Bob Koneck, Christopher Le Neve Foster and Richard Butters at Atlantic Global Risk LLC.

  • Series

    Teaching Yoga Makes Me A Better Lawyer

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    Being a yoga instructor has helped me develop my confidence and authenticity, as well as stress management and people skills — all of which have crossed over into my career as an attorney, says Laura Gongaware at Clyde & Co.

  • A Vision For Economic Clerkships In The Legal System

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    As courts handle increasingly complex damages analyses involving vast amounts of data, an economic clerkship program — integrating early-career economists into the judicial system — could improve legal outcomes and provide essential training to clerks, say Mona Birjandi at Data for Decisions and Matt Farber at Secretariat.

  • Pay-To-Play Deal Shows Need For Strong Compliance Policies

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    The U.S. Securities and Exchange Commission, through its recent settlement with Wayzata, has indicated that it will continue stringent enforcement of the pay-to-play rule, so investment advisers should ensure strong compliance policies are in place to promptly address potential violations as the November elections approach, say attorneys at WilmerHale.

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