2 Firms Guide Data Center, Grid Parts Builder Seeking $1.5B

By Nate Beck

Forgent Power Solutions, a manufacturer serving industrial and data center customers, said Monday that it expects to raise an estimated $1.5 billion in an upcoming initial public offering advised by Weil Gotshal & Manges LLP and Latham & Watkins LLP.

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USA Rare Earth Secures $3.1B Of Federal And Private Funding

By Jade Martinez-Pogue

Mining company USA Rare Earth Inc. on Monday announced that it is set to receive $3.1 billion of new funding through collaborations with the U.S. government and a private investment in public equity funding commitment, in deals shaped by three law firms.

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Bain-Controlled Bob's Discount Furniture Eyes $350M IPO

By Aaron Keller

Bob's Discount Furniture Inc. on Monday revealed plans to sell nearly 19.5 million shares of its common stock at an estimated $17 to $19 per share via an initial public offering, allowing the Connecticut-based retailer to potentially raise $350 million, assuming midpoint estimates.

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Beyond Meat's $77M Write-Down 'Shocked' Market, Suit Says

By Emilie Ruscoe

Meat-substitute maker Beyond Meat Inc. is facing a proposed investor class action alleging it concealed its struggles to turn a profit, hurting investors as it eventually acknowledged quarterly losses that included a $77 million write-down.

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Complex Financial Instruments Group Of The Year: Ropes & Gray

By Lauren Berg

Ropes & Gray LLP's finance team led Arcline Investment Management through a first-ever emergency communications infrastructure securitized notes offering and secured a deal between chipmaker Wolfspeed and its creditors that involved slashing $4.6 billion of debt, placing the firm among the 2025 Law360 Complex Financial Instruments Groups of the Year.

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Sens. Offer Crypto Bill Amendments As Storm Delays Markup

By Aislinn Keely

The Senate Agriculture Committee said Monday that it will postpone its markup of a bill to regulate crypto markets to Thursday in light of the weekend's winter storm, while Democrats submitted proposals to insert ethics language and ensure appointments to the U.S. Commodity Futures Trading Commission.

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Citadel Securities Lobbies SEC For $119M CAT Fee Refund

By Jessica Corso

Citadel Securities is pressing for the return of $119 million it argues was unlawfully collected to fund a key market surveillance database known as the consolidated audit trail, telling the U.S. Securities and Exchange Commission the collection of the fees violated an Eleventh Circuit decision.

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SEC Tells Judge Chat Records Bolster Its Short-Selling Claims

By Emilie Ruscoe

The U.S. Securities and Exchange Commission is looking for an early victory on certain claims against an investment adviser and its managing partner accused of engaging in an illicit short-selling scheme, arguing the managing partner's online messages and his own admission that he'd made a "poor business decision" support a finding in its favor.

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P&G Hit With Suit Over Alleged Lead In Tampax

By Emily Field

Procter & Gamble has been hit with a proposed class action in Illinois federal court alleging that certain Tampax Pearl tampons contain unsafe levels of lead that can directly enter the bloodstream, even though the personal care products are marketed as safe from contamination.

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Zenas BioPharma Slams Investor's Revamped Fraud Claim

By Carolyn Muyskens

Zenas BioPharma has asked a Massachusetts federal judge to toss a putative investor class action targeting pre-initial public offering statements about the company's spending, saying it didn't hide that it had ramped up investment in research and development.

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Canada's Allied Gold Agrees To $4B Sale To China's Zijin Gold

By Al Barbarino

Canadian gold producer Allied Gold said Monday it has agreed to be bought by Zijin Gold International in an all-cash deal valued at about CA$5.5 billion ($4 billion). 

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Gold Mining Businesses Merge In $372M Deal

By Jade Martinez-Pogue

Gold and silver producer Gold Resource Corp. on Monday announced plans to be bought by Canadian-based mining company Goldgroup Mining Inc. in a $372 million deal.

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Cybersecurity Must Remain Financial Sector's Focus In 2026

In 2026, financial institutions face a wave of more prescriptive cybersecurity legal requirements demanding clearer governance, faster incident reporting, and stronger oversight of third-party and AI-driven risks, making it crucial to understand these issues before they materialize into crises, say attorneys at Sidley.

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Presidential Pardon Brokering Can Create Risks For Attys

The emergence of an apparent “pardon shopping” marketplace, in which attorneys treat presidential pardons as a market product, may invite investigative scrutiny of counsel and potential criminal charges grounded in bribery, wire fraud and other statutes, says David Klasing at The Tax Law Offices of David W. Klasing.

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2026 Int'l Arbitration Trends: Next Steps In Age Of AI, Crypto

Parties' use of artificial intelligence and blockchain technologies will continue in 2026, and international arbitrators will be called upon to evolve by building expertise in blockchain functionality, cryptography and decentralized finance protocols, and understanding the power and limitations of large language models, say attorneys at Cleary.

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Series

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

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.

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Law Student Recruiting Moves Further Off Campus

By Emma Cueto

About four-fifths of law school summer associate recruiting in 2025 happened through employer-sponsored channels, as opposed to more traditional law school-sponsored channels, with recruiting also happening increasingly early, according to research unveiled Monday by the National Association for Law Placement.

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Fla. Bar Clears Gaetz Despite US House Ethics Report

By Courtney Bublé

The Florida Bar has decided to not discipline former U.S. Rep. Matt Gaetz, R-Fla., who was briefly President Donald Trump's pick for attorney general, despite the House ethics committee's findings that Gaetz regularly paid for sex, including with a minor.

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Texas Law Firm-Linked Plane Crashes In Maine With Fatalities

By Lynn LaRowe

A private plane connected to Texas-based litigation firm Arnold & Itkin LLP overturned and caught fire Sunday night as it attempted to take off from a Maine airport, killing at least six people on board, according to authorities and public records.

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Indiana Judge Was Shot Through Front Door, Cop Says

By Hailey Konnath

An Indiana Superior Court judge and his wife were shot by a man standing on their front porch, through their closed front door, according to an affidavit, which noted that the suspected shooter was connected to a man with pending charges in the judge's courtroom.

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Foley & Lardner Can't Dodge Pro-Palestinian Atty's Bias Suit

By Emily Sawicki

A Chicago federal judge on Monday denied Foley & Lardner LLP's bid for an early win against claims brought by a former summer associate who said discrimination led to the firm's decision to rescind a job offer after she publicly supported Palestinians amid Israel's war with Hamas.

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Minn. Judge Probes Limits Of ICE Enforcement Actions

By Ganesh Setty

A Minnesota federal judge on Monday considered whether to preliminarily block the Trump administration from sending thousands of immigration enforcement officers to the state, questioning if the surge is a coercive federal act in violation of state sovereignty.

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Full 3rd Circ. Passes On Alina Habba DQ Challenge

By Carla Baranauckas

The Third Circuit on Monday declined to reconsider its decision blocking Alina Habba from serving as acting U.S. attorney for New Jersey, denying the Justice Department's petition for rehearing and leaving intact a decision that sharply curtailed the government's use of creative maneuvers to install interim federal prosecutors.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court wrapped up the week with a slate of high-stakes deal challenges, governance rulings and oversight decisions, including an emergency bid to block a $10.9 billion bank merger, a state Supreme Court reversal reshaping stockholder agreement litigation and a major opinion allowing sexual misconduct oversight claims to proceed.

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