Private Equity

  • June 30, 2016

    China Invites Foreign PE Funds To Boost Its Capital Markets

    Chinese securities regulators will permit foreign-owned private equity funds to open domestic offices, hoping to broaden the appeal of the country’s capital markets to international investors, according to a statement Thursday on a government website.

  • June 30, 2016

    Chancery Fast-Tracks Koch Case That Could Spur Oxbow Sale

    A Delaware chancery judge agreed Thursday to fast-track a dispute over William I. Koch's Oxbow Carbon LLC and whether minority investor Crestview Partners LP is looking to oust him to force a sale, setting a trial for as early as November.

  • June 30, 2016

    The 5 Largest PE Funds In The 1st Half Of 2016

    With the help of some of the world's top law firms, the total value of private equity funds that closed in the first half of 2016 dwarfed last year's total for the same period, besting it by $40 billion. Here, Law360 counts down the five largest private equity funds that closed over the last six months.

  • June 30, 2016

    Deals Rumor Mill: London Stock Exchange, Safran, BMW

    A large majority of London Stock Exchange shareholders will greenlight its $30 billion merger with Deutsche Boerse, Safran hopes to net $2.2 billion in the sale of its biometrics and security unit, and BMW, Mobileye and Intel will soon reveal a partnership to develop self-driving cars.

  • June 30, 2016

    Attys Want Out Of SEC Fraud Suit Against 'Stalker' CEO

    Two attorneys accused by the U.S. Securities and Exchange Commission of helping purported "stalker" and private equity CEO Benjamin Wey manipulate shares on Wednesday asked a New York federal judge to dismiss the claims against them, calling the allegations time-barred and weak.

  • June 30, 2016

    Blackstone Unit To Buy $1.16B Office Portfolio From Hines

    Hines Real Estate Investment Trust Inc., a public nonlisted REIT, on Thursday said that it will sell seven of its West Coast office assets to a private equity arm of The Blackstone Group LP in a $1.16 billion deal that is part of the REIT’s liquidation and dissolution plan.

  • June 30, 2016

    CVC's Credit Arm Nabs $721M For Special Situations Fund

    The credit arm of CVC Capital Partners has closed a €650 million ($721 million) special situations fund that will focus on stressed and distressed corporate debt primarily in Europe, the private equity firm said Thursday.

  • June 30, 2016

    Keystone Property Nabs $114M Philly Tower

    Real estate investment and development outfit Keystone Property Group said Wednesday that it has purchased an 880,000-square-foot office building in the Independence Mall section of Philadelphia for $114 million, as the company looks to expand its presence in the area.

  • June 30, 2016

    Caisse Invests $222.9M In Products Testing Firm Eurofins

    Canadian private investment organization Caisse de depot et placement du Quebec has agreed to inject €200 million ($222.9 million) into Eurofins Scientific, a Luxembourg-based provider of food, environment and pharmaceutical products testing, the companies said Wednesday.

  • June 30, 2016

    Kleiner Perkins Raising $1.4B For New Funds

    Venture capital firm Kleiner Perkins Caufield & Byers LLC is raising a total of $1.4 billion for two new investment funds, according to filings with the U.S. Securities and Exchange Commission on Wednesday.

  • June 29, 2016

    Dell, T. Rowe Price Settle Ineligible Appraisal Shares Spat

    A Delaware Chancery judge on Wednesday approved a settlement between Dell and certain T. Rowe Price funds that had been previously ruled not eligible for stock appraisal of the computer giant’s nearly $25 billion take-private deal, which the court had decided was undervalued by nearly 30 percent.

  • June 29, 2016

    Deals Rumor Mill: Qatar Airways, China Logistics, Kuka AG

    Qatar Airways may increase its stake in British Airways owner IAG, China Logistics Property Holdings Co. plans to go public with a $433 million Hong Kong IPO, and Kuka AG is in talks with potential new investors but thus far has only received a takeover offer from China's Midea.

  • June 29, 2016

    PE Firm Cinven Nabs Nearly $8B For 6th Fund

    Private equity firm Cinven on Wednesday said that it had closed its sixth fund, which will be focused on European investments, after hitting its €7 billion ($7.8 billion) hard cap in four months.

  • June 29, 2016

    SEC Can Restart Tilton Case Unless High Court Says No

    The Second Circuit on Tuesday vacated an order halting the U.S. Securities and Exchange Commission's in-house suit against Lynn Tilton and her Patriarch Partners private equity firms, but gave her time to seek a stay from the U.S. Supreme Court as she presses forward with claims the SEC court is unconstitutional.

  • June 29, 2016

    JPMorgan, Lone Star Drop $995M On Real Estate Portfolio

    J.P. Morgan Securities Plc and private equity shop Lone Star Funds are buying the real estate portfolio of SNS Reaal from the Netherlands for €895 million ($994.7 million), according to an announcement from Netherlands state agency Netherlands Financial Investments on Tuesday.

  • June 29, 2016

    Apollo Global To Acquire Diamond Resorts For $2.2B

    Private equity giant Apollo Global Management LLC has agreed to buy time-share property operator Diamond Resorts International Inc. for $2.2 billion, Diamond Resorts said on Wednesday.

  • June 29, 2016

    Krispy Kreme Investors Want $1.35B Buyout Paused

    Krispy Kreme Doughnuts Inc. investors in a proposed class action claiming JAB Breech Inc.’s planned $1.35 billion buyout of the company undervalues their shares asked a North Carolina federal court Tuesday to pause the deal until more financial information is provided.

  • June 29, 2016

    Chicago PE Shop Origami Capital Raises $371M For 3rd Fund

    Origami Capital Partners, a Chicago-based private equity shop that specializes in acquiring assets in complex structures, closed its third fund on Wednesday after raising about $371 million, its placement agent said in a statement.

  • June 28, 2016

    High Court's Structured Dismissal Review May Alter Ch. 11

    The U.S. Supreme Court could dramatically alter future corporate restructurings now that it has agreed to determine whether companies can use so-called "structured dismissals" to sidestep the Bankruptcy Code's rule for determining the order in which creditors get paid, experts say.

  • June 28, 2016

    How To Become The Firm Every GC Wants To Hire

    Some law firms have perfected the art of pleasing general counsels, a skill that wins them the love of clients and allows them to score new cases and deals. Here, we look at a new report that delves into the intricacies of making clients happy.

Expert Analysis

  • NY Should Unify Standards For Atty Fees Against State Agency

    Matthew T. McLaughlin

    Two bills introduced in the recently ended New York legislative session, if adopted into law, will provide government entities and Freedom of Information Law practitioners with the mooring of predictable and consistent outcomes in FOIL proceedings by changing the standard for determining attorneys’ fee awards, say Matthew McLaughlin and Benjamin Argyle of Venable LLP.

  • How To Manage Your Law School Debt After Graduation

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    Student loan debt can feel overwhelming to new lawyers, especially when just getting started post graduation. Andrew Josuweit, co-founder and CEO of Student Loan Hero Inc., reviews the loan repayment plans available and discusses the best path forward for recent grads shouldering law school debt.

  • Dodd-Frank Reform, Not Repeal

    Daniel F. C. Crowley

    The Financial Choice Act, recently proposed by the Republican chairman of the House Financial Services Committee, addresses specific provisions of the Dodd-Frank Act that are widely viewed as controversial, many of which have bipartisan support for reform, say attorneys with K&L Gates LLP.

  • The Cloud And Ethical Considerations For Lawyers

    Bradley S. Shear

    Despite regular news stories detailing the need to update our digital privacy laws and increase our cybersecurity protections, law firms and in-house legal departments should feel confident that utilizing cloud providers with strong privacy and security protections will not breach their ethical obligation to clients, says Bradley Shear of the Law Office of Bradley S. Shear LLC.

  • A Proxy Season For The Record Books

    Bruce H. Goldfarb

    When it comes to proxy contests and shareholder activism, one of the most striking changes this year is the quality and tone of the dialogue between companies and their shareholders, says Bruce Goldfarb, founder and CEO of Okapi Partners LLC.

  • How Lawyers Can Harness The Power Of Social Media

    Monica Zent

    It’s important to first decide what your personal brand is. Are you a crusader? A wry observer? A compassionate witness? Your social media presence doesn’t have to reflect the deepest aspects of your identity — it’s merely an image that you project, says Monica Zent, founder and CEO of Foxwordy Inc.

  • From The Partner's Desk: Tips For Recent Law Grads

    Gary M. Gansle

    One of the most prevalent complaints by associates and recent law school graduates is the lack of meaningful mentoring by more seasoned attorneys. Gary Gansle, leader of Squire Patton Boggs LLP's Northern California employment law practice, offers several tips as a light that can help junior attorneys start down the right path in their career development.

  • The Benefits Of Owning Qualified Small Business Stock

    David Logan

    The recent permanent extension of the tax provisions for qualified small business stock presents a unique tax planning opportunity for both investors and founders of early-stage companies. The form of investment should be carefully analyzed as common structures will not qualify for the benefits, say David Logan and Robert Richardt of CohnReznick LLP.

  • What's At Stake In Marblegate

    Miranda Schiller

    When the Second Circuit heard oral arguments in Marblegate Asset Management v. Education Management Corp., one might have thought from the courtroom’s overflow crowd that it was the opening argument in a mob trial. But this is a case about a bond indenture, with the Trust Indenture Act at the heart of the debate, say Miranda Schiller and Agustina Berro of Weil Gotshal & Manges LLP.

  • 'Taking My Talents To South Beach': Law Firm Version

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    LeBron James has established his worth by tangible metrics. He cashed in on a free agent bonanza fueled by the NBA’s economic model that supports his regal compensation. But such is not the case when it comes to first-year associate salaries of $180,000 at certain law firms and $2,000 an hour billing rates for certain partners, says Mark A. Cohen, founder of Legal Mosaic LLC.