Private Equity

  • July 27, 2026

    Cooley Owes $25.4M Judgment To NJ Biotech Co. Founder

    A New Jersey state court on Monday entered a $25.4 million judgment against Cooley LLP after a jury found the multinational firm had committed malpractice in its representation of a biotech founder who said his own lawyers assisted in shoving him out of his company.

  • July 27, 2026

    ATI Beats ERISA Suit Over $1.5B Pension Risk Transfer

    Defense and aerospace company ATI won escape from a proposed class action alleging it put retirees' benefits at risk by transferring approximately $1.5 billion of pension obligations to a private equity-backed insurance company, convincing a Pennsylvania federal court Monday that ex-workers hadn't sufficiently demonstrated standing to sue.

  • July 27, 2026

    Del. Judge Tosses Challenge To Envestnet's $4.5B Bain Sale

    The Delaware Chancery Court has dismissed a stockholder challenge to Envestnet Inc.'s $4.5 billion take-private sale to Bain Capital affiliates, ruling that investors approved the deal through a fully informed vote and that the complaint failed to support claims that the company's independent directors or financial adviser Morgan Stanley acted improperly.

  • July 27, 2026

    PE Shop Founder Pleads Guilty In $50M Ponzi Scheme

    The managing partner of a New Hampshire-based private equity firm has pled guilty in New York federal court to multiple counts of fraud and money laundering in connection with a scheme that solicited over $50 million in investments for purported health and wellness companies.

  • July 27, 2026

    Yale, Biohaven Win $4M In Biotech Trade Secret Trial

    A Delaware federal jury has awarded Yale University and Biohaven Therapeutics $4 million after finding that venture capital firm RA Capital Management GP breached a confidentiality agreement and, along with co-defendant Avilar Therapeutics, misappropriated a Yale-developed trade secret for designing protein-degrading drug molecules.

  • July 27, 2026

    Simpson Thacher Atty Says Patriot Nat'l Founder Sank Co.

    A Simpson Thacher & Bartlett LLP partner wrapped up her testimony Monday in a Florida state malpractice trial brought by the founder of Patriot National Inc., telling the jury that the founder was willing to forgo establishing a floor on the value of so-called Series B warrants, which he says contributed to the company's demise.

  • July 27, 2026

    Fried Frank, Kirkland Steer $466M Luxfer Go-Private Deal

    Wynnchurch Capital has agreed to buy aerospace materials maker Luxfer Holdings in a nearly $466 million deal, the companies announced Monday, with Kirkland & Ellis LLP advising Wynnchurch and Fried Frank Harris Shriver & Jacobson LLP advising Luxfer. 

  • July 27, 2026

    Paul Weiss Hires Ex-Ropes & Gray Capital Markets Partner

    Paul Weiss Rifkind Wharton & Garrison LLP said Monday it has hired a former partner at Ropes & Gray LLP as a partner in its capital markets group within the firm's corporate department.

  • July 27, 2026

    White & Case M&A Dealmaker Jumps To Freshfields In NY

    Freshfields LLP announced Monday that a prolific dealmaker has left White & Case to join its New York office as a partner in the mergers and acquisitions and corporate practice.

  • July 27, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court last week tackled disputes involving restrictive covenants, corporate governance, trade secrets, real estate investments, receiverships, and books and records demands.

  • July 27, 2026

    Antares Raises $470M For Military Nuclear Reactor Push

    U.S. Department of Energy Reactor Pilot Program participant Antares announced Monday that it had raised $470 million in its Series C funding, which will allow the company to accelerate the commercialization of its nuclear power systems.

  • July 27, 2026

    White & Case-Led Natural Gas Giant Inks $1.25B Marketing Buy

    Expand Energy said Monday it will acquire privately held natural gas marketer Twin Eagle Holdings for $1.25 billion from Five Point Infrastructure, a deal that will help bolster the North American natural gas production giant's marketing operations.

  • July 27, 2026

    KKR, ECP Win Energy Biz Backing For Up To £5.75B Takeover

    DCC Energy PLC said Monday that it is backing an offer worth up to £5.75 billion ($7.7 billion) from KKR and Energy Capital Partners, making it the latest London-listed company targeted in a take-private deal by U.S. buyers.

  • July 24, 2026

    Ex-DLA Piper Tax Partner Rejoins Gibson Dunn

    Former DLA Piper partner James Manzione has returned to Gibson Dunn & Crutcher LLP as a tax partner in its New York City office.

  • July 24, 2026

    Mark Cuban-Led PE Shop Scores A Stake In MLB's A's

    Mark Cuban's Harbinger Sports Partners has taken a stake in the MLB's Athletics ahead of the former Bay Area-based team's move to Las Vegas.

  • July 24, 2026

    Cornerstone, Old Republic Partly Settle $9.8M Coverage Suit

    A building products manufacturer has settled its coverage dispute with Old Republic Insurance Co., though its claims against Berkshire Hathaway Specialty Insurance Co., seeking $9.8 million in coverage for defense and settlement costs in other litigation, remain unresolved.

  • July 24, 2026

    Fenwick, Latham Lead Scribe Therapeutics' $129M IPO

    Early-stage biotechnology firm Scribe Therapeutics began trading publicly on Friday after raising $129 million in its upsized initial public offering steered by Fenwick & West LLP and Latham & Watkins LLP.

  • July 24, 2026

    Taxation With Representation: Kleinberg Kaplan, Baker Botts

    In this week's Taxation With Representation, Brookfield Asset Management acquires Aypa Power from funds managed by Blackstone Energy Transition Partners, Brookfield and Canada Pension Plan Investment Board buy LXP Industrial Trust, and Novagold Resources Inc. and Paulson Advisers LLC agree to give Novagold full ownership of Donlin Gold LLC.

  • July 24, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen financial advice firm Smith Square Partners sue ailing social housing company Home REIT, Pogust Goodhead hit with a contract claim by one of its investors, and Entain faced with its latest claim in expanding litigation linked to alleged bribery at its former Turkish business. Here, Law360 looks at these and other new claims in the U.K.

  • July 24, 2026

    Accor To Sell Essendi Stake To Blackstone, Colony For €975M

    Accor said Friday that it has agreed to sell its remaining 30.56% stake in Essendi to Blackstone Inc. and French investment firm Colony IM for up to €975 million ($1.1 billion), completing its exit from the European hotel operator.

  • July 23, 2026

    3 Firms Guide Health Wellness Co.'s $650M SPAC Merger

    Health wellness company First Choice Healthcare Solutions announced that it has agreed to go public through a merger with special purpose acquisition company Western Acquisition Corp. in a $650 million deal built by three law firms.

  • July 23, 2026

    Del. Judge Voids Destiny Co-Founder's Ouster Scheme

    The Delaware Chancery Court ruled Thursday that Destiny XYZ Inc.'s controlling founder carried out an unfair scheme to squeeze his co-founder out of the company, restoring the minority founder's ownership stake and finding that the controller and two directors breached their fiduciary duties through a reverse-forward stock split designed to eliminate him.

  • July 23, 2026

    British Bank Revolut Hits $115B Valuation, Plus More Rumors

    British digital bank Revolut's valuation soared to $115 billion, private equity giant BlackRock leads an at least $12 billion debt sale for Meta's new data center project, and Liverpool FC is in talks with investor Amit Bhatia over a potential stake sale that could value the club at $6 billion.

  • July 23, 2026

    Kirkland-Led Francisco Partners Raises $21B Across 2 Funds

    Kirkland & Ellis LLP-advised Francisco Partners on Thursday revealed that it raised $21 billion across its two latest funds, marking the largest fundraise in the firm's history.

  • July 23, 2026

    Kirkland, Sullivan & Cromwell Steer $2B ArisGlobal Deal

    Dassault Systèmes has agreed to acquire ArisGlobal, an AI-driven software provider for the life sciences industry, from private equity firm Nordic Capital for up to $2 billion, the companies said Thursday.

Expert Analysis

  • Series

    Speed Jigsaw Puzzling Makes Me A Better Lawyer

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    My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

  • Opinion

    Financial Meltdown Fears Don't Warrant Private Credit Regs

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    Recent withdrawals from business development companies have resurfaced theories that private credit growth poses a crisis-level risk to the financial system, but arguments that more regulation is needed should be viewed with beady and careful eyes, says James Deeken at Akin.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Calif. Case Raises Questions For Medical Practice Investors

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    The California attorney general's amicus brief in Art Center v. WCE and the California Medical Association's response highlight how the California appeals court's ruling could significantly affect the structure and enforceability of succession arrangements in medical practice ownership, say attorneys at Ropes & Gray.

  • Series

    Playing Magic: The Gathering Makes Me A Better Lawyer

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    The competitive card game Magic: The Gathering offers me a training ground for the strategic thinking skills crucial to litigation, challenging me to adapt to oft-updated rules, analyze text as complicated as any statute and anticipate my opponent’s next moves, says Christopher Smith at Lash Goldberg.

  • Why The Wells Process Is No Longer A One-Sided Exercise

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    The U.S. Securities and Exchange Commission's recently revamped Enforcement Manual rewrites the informational asymmetry that has defined SEC defense for decades, providing counsel with several new strategies to produce better submissions, give better advice and achieve better outcomes, says Ashwin Ram at Buchalter.

  • Improving Well-Being In Law, 10 Years After Landmark Study

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    An important 2016 study revealed significant substance abuse and mental health issues among lawyers, and while the findings helped normalize the conversation around these topics, a decade later, structural change is still needed, says Denise Robinson at PLI.

  • 8 Reasons To Consider Maryland As A 'DExit' Option

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    While Nevada and Texas have garnered the most attention as alternative states of incorporation for companies considering leaving Delaware, Maryland offers considerable benefits too, including a predictable statutory framework, robust anti-takeover protections, sophisticated business courts with decades of experience, and more, say attorneys at Miles & Stockbridge.

  • What DOL Proposal Signals For 401(k)s, Alternative Assets

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    The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

  • SEC's Enforcement Slowdown May Raise Oversight Questions

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    After six months of enforcement activity, it's clear that fiscal year 2026 will see an unprecedented decline in U.S. Securities and Exchange Commission enforcement activity relative to past years, but whether the SEC will be viewed as sufficiently policing the securities markets at the end of the fiscal year is more uncertain, say attorneys at Covington.

  • Why Justices Seem Skeptical Of Curbing SEC Disgorgement

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    Sripetch v. U.S. Securities and Exchange Commission presents an opportunity for the U.S. Supreme Court to clarify the disgorgement limits it set six years ago in Liu v. SEC, with recent oral arguments suggesting the court sees disgorgement as an equitable remedy akin to unjust enrichment, say attorneys at Hueston Hennigan.

  • OFAC Signals Sanctions Diligence Can't Stop At 50% Rule

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    Recent guidance from the Office of Foreign Assets Control, along with several enforcement actions looking beyond the 50% formal ownership requirement, sends a clear message that sanctions due diligence must consider a variety of factors, including degree of control, practice of actual dealings and the involvement of proxies, say attorneys at Jenner & Block.

  • Series

    Officiating Football Makes Me A Better Lawyer

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    Though they may seem to have little in common, officiating football has sharpened many of the same skills that define effective lawyering in management-side labor and employment: preparation, judgment, composure, credibility and ability to make difficult decisions in real time, says Josh Nadreau at Fisher Phillips.

  • Series

    Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • Mitigating Multistate Risks As California Expands Tax Reach

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    Though California's new sourcing rules and extension of the pass-through entity election have created uncertainty, practitioners should file protective returns to respect the law's ambiguity and take certain other steps to protect clients from the costs of losing a future audit, says attorney Delina Yasmeh.

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