Private Equity

  • June 03, 2026

    Vista Equity Hit With Stockholder Suit Over $1.7B IAS Sale

    A former Integral Ad Science stockholder has launched a proposed class action in Delaware Chancery Court, asserting that a controlling stockholder sought the media measurement platform's $1.7 billion sale to affiliates of Novacap Management Inc. to eliminate exposure to his derivative claims alleging insider trading.

  • June 03, 2026

    Feds Pitch 63-Month Sentence For Player In Oil Investor Scam

    Federal prosecutors argued Tuesday that a Washington man should be sentenced to 63 months in prison for moving tens of millions of dollars from investors to overseas bank and cryptocurrency accounts as part of a fraud scheme, while the defendant sought a 15-month sentence, saying he was enticed by "sophisticated international criminals."

  • June 03, 2026

    KeyBank, Investment Advisers Settle Suit Alleging Client Theft

    KeyBank affiliate Key Investment Services LLC has agreed to settle its suit accusing two former investment advisers of stealing trade secrets and violating their employment agreements by soliciting customers.

  • June 03, 2026

    SpaceX Launches Plans For Massive $75B IPO

    SpaceX on Wednesday outlined a price target for its blockbuster initial public offering, telling U.S. regulators that it expects to raise $75 billion in what would mark the largest IPO in history.

  • June 03, 2026

    Sysco Reveals Deal Probe, Promises 'Gov't Will See Benefits'

    Sysco's CEO has disclosed that U.S. antitrust enforcers launched an in-depth probe into the wholesale restaurant food distributor's plan to acquire Jetro Restaurant Depot at a total enterprise value of approximately $29.1 billion, while expressing confidence that officials will find no issues with the transaction.

  • June 03, 2026

    Crescent Capital Wraps $10.8B Direct Lending Fund

    Alternative credit investment firm Crescent Capital Group LP on Wednesday revealed that has it closed its latest U.S. direct lending fund with $10.8 billion of investable capital.

  • June 03, 2026

    EU Approves BASF Buy With Conditions

    The European Commission on Monday approved the acquisition of BASF's coatings division by investment company Carlyle Group and the Qatar Investment Authority.

  • June 03, 2026

    BigLaw Insider Trading Defendants Have Big-Name Legal Help

    An insider trading case involving nonpublic information prosecutors say was stolen from some of the largest law firms in the U.S. has ensnared more than two dozen defendants, many of whom have turned to lawyers with notable clients including Donald Trump, Harvey Weinstein and Luigi Mangione.

  • June 03, 2026

    Cooley Adds 2 More Kirkland Attys To Infrastructure Team

    Cooley LLP announced Wednesday that it has hired a pair of Kirkland & Ellis LLP attorneys who the firm says strengthen its ability to guide clients through the full life cycle of infrastructure investments.

  • June 03, 2026

    Kirkland-Led Defense Firm Applied Aerospace Inks $650M IPO

    Applied Aerospace & Defense Inc., with a market value of $3.4 billion, began trading publicly on the New York Stock Exchange on Wednesday after raising $650 million with an initial public offering guided by Kirkland & Ellis LLP and Davis Polk & Wardwell LLP.

  • June 03, 2026

    4 Firms Steer Sixth Street's $1B Investment In Kpler

    Trade intelligence and data analytics firm Kpler on Wednesday announced it has secured a more than $1 billion growth equity investment from private equity shop Sixth Street in a deal built by four law firms.

  • June 02, 2026

    R1 Deal Defendants Urge Chancery To Toss Investor Suit

    Counsel for TowerBrook Capital Partners LP and Ascension Health Alliance urged the Delaware Chancery Court on Tuesday to dismiss a stockholder suit over medical company R1 RCM Inc.'s $8.9 billion take-private deal, arguing that the investors did not control the company under Delaware law.

  • June 02, 2026

    Digital Lender Forbright Launches Plans For $150M IPO

    Middle-market commercial lending digital bank Forbright on Tuesday launched plans to go public through an estimated $150 million initial public offering steered by Skadden Arps Slate Meagher & Flom LLP and Simpson Thacher & Bartlett LLP.

  • June 02, 2026

    DLA Piper Brings On A&O Shearman M&A Partner In SF

    DLA Piper has announced it is pushing forward with its "strategic expansion" in Northern California with the addition of "a market-leading dealmaker" from Allen Overy Shearman Sterling.

  • June 02, 2026

    Kirkland-Led Wingman Clinches $215M Debut Fund

    Software-focused investment firm Wingman Growth Partners, advised by Kirkland & Ellis LLP, on Tuesday announced it closed its inaugural fund after securing $215 million in investor commitments.

  • June 02, 2026

    PE-Backed Arxis Buys Omnetics, MagCanica For $890M

    Aerospace and defense company Arxis on Tuesday announced that it has agreed to acquire aerospace and defense manufacturer Omnetics Connector Corp. and torque sensor-maker MagCanica Inc. for a combined purchase price of $890 million.

  • June 02, 2026

    BigLaw Could Tap PE Money For Advantage In Talent Wars

    BigLaw firms may soon partner with private equity to gain an edge in the talent wars, potentially reshaping the U.S. legal industry despite fears that the shift could corrode firms' cultures.

  • June 02, 2026

    11th Circ. May Lower Bar For Getting ERISA Claims To Court

    Several Eleventh Circuit judges voiced support during en banc arguments Tuesday for overturning precedent backing the appellate court's exhaustion requirement for federal benefits claims, signaling the potential reinstatement of a proposed class action alleging mismanagement of a seafood company's employee stock ownership plan.

  • June 01, 2026

    Citron Founder Convicted Of Manipulating Stock Prices

    A California federal jury Monday returned a verdict finding Citron Research founder Andrew Left guilty of using his public platform, including tweets, to manipulate the stock prices of a slew of companies, according to the U.S. Department of Justice.

  • June 01, 2026

    4 Mass. Rulings You May Have Missed In May

    A bankruptcy trustee may continue to pursue claims that a lender violated an oral amendment to a loan agreement, a former executive for a Dunkin' franchisee cannot push his case to Delaware, and a law firm hired to represent an investment fund is not responsible for the revocation of a visa for one of the fund's co-founders after he was terminated, judges in Suffolk County's Business Litigation Session concluded in May.

  • June 01, 2026

    Valeant Investors Should Get Cert. In PwC Fight, Report Says

    A special master recommended Monday that a New Jersey federal judge certify a class of Valeant Pharmaceuticals stockholders looking to hold PwC liable for missing "red flags" that could have caught what they called market manipulation by the pharmaceutical company, rejecting the professional services giant's argument that the lead plaintiff's claims are atypical and "lawyer-driven."

  • June 01, 2026

    Anthropic Confidentially Files IPO Plans

    Artificial intelligence giant Anthropic announced Monday that it had confidentially submitted a proposed initial public offering to the U.S. Securities and Exchange Commission, just days after it hit a post-money valuation of $965 billion after securing $65 billion of investor commitments in its massive Series H funding round.

  • June 01, 2026

    KnowBe4 Escapes Suit Over $4.6B Take-Private Deal

    Security awareness platform KnowBe4 and several affiliates successfully argued for dismissal of a suit from shareholders challenging the company's $4.6 billion sale to private equity firm Vista Equity Partners, with the court finding the suit does not adequately allege the company's ex-CEO and its financiers breached their fiduciary duties.

  • June 01, 2026

    2 Firms Advise Data-Center Power Generator's $600M IPO

    ERock, a company that makes natural gas power systems for data centers, said it aims to raise $600 million at midpoint in an upcoming initial public offering guided by Gibson Dunn & Crutcher and Davis Polk & Wardwell LLP.

  • June 01, 2026

    O'Melveny Adds M&A Pro From Paul Hastings In SF

    O'Melveny & Myers LLP announced Monday that it has welcomed back a mergers and acquisitions attorney who started his career at the firm before most recently working at Paul Hastings LLP.

Expert Analysis

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • 3 Key Ohio Financial Services Developments From 2025

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    Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • Key False Claims Act Trends From The Last Year

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    The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.

  • Series

    Hosting Exchange Students Makes Me A Better Lawyer

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    Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

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    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • Navigating Privilege Law Patchwork In Dual-Purpose Comms

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    Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.

  • What Changed For Healthcare Transaction Law In 2025

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    Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

  • Decoding The SEC's Plans To Revitalize The US IPO Market

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    Chairman Paul Atkins' recent speech showcased the U.S. Securities and Exchange Commission's plans to ease certain disclosure burdens, rein in politicized shareholder voting and mitigate litigation risk, which could encourage more U.S. companies to seek public listings stateside and make U.S. stock exchanges more competitive for foreign companies, say attorneys at Baker McKenzie.

  • 2 OFAC Sanctions Actions Highlight PE Compliance Risk

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    Recent Office of Foreign Assets Control enforcement actions against two private equity firms for facilitating sanctioned persons' access to the U.S. financial system underscore the need for nonbank financial institutions' compliance programs to consider the sanctions risk of their investors, including indirect dealings with blocked persons, say attorneys at Paul Weiss.

  • Easing Equity Research Firewall Shows SEC Open To Updates

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    The U.S. Securities and Exchange Commission’s recent agreement to modify a decades-old settlement meant to limit investment bankers’ influence over research analysts within major broker-dealer firms reflects a shift toward a commission that recognizes how rules can be modernized to lighten compliance burdens without eliminating core safeguards, say attorneys at Ropes & Gray.

  • Series

    Fly-Fishing Makes Me A Better Lawyer

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    Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.

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