Private equity giant KKR on Wednesday unveiled a strategic partnership with Indian electric commercial vehicle maker PMI Electro Mobility Solutions Private Ltd. and Allfleet in which KKR will plug up to $310 million to help grow Allfleet's electric bus platform and advance PMI Electro's manufacturing capabilities.
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THURSDAY, MARCH 19, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

KKR Plugs $310M Into Partnership With Indian E-Bus Biz

By Jade Martinez-Pogue

Private equity giant KKR on Wednesday unveiled a strategic partnership with Indian electric commercial vehicle maker PMI Electro Mobility Solutions Private Ltd. and Allfleet in which KKR will plug up to $310 million to help grow Allfleet's electric bus platform and advance PMI Electro's manufacturing capabilities.

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BofA Faces Suit Over Alleged $328M Crypto Ponzi Scheme

By Emilie Ruscoe

Bank of America NA is the latest financial institution to face claims it aided and abetted a $328 million Ponzi scheme allegedly operated by the now-criminally charged CEO of cryptocurrency investment firm Goliath Ventures.

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Security Biz Xbow Valued At $1B Following $120M Fundraise

By Jade Martinez-Pogue

Offensive security company Xbow on Wednesday revealed that it reached a $1 billion valuation after closing a $120 million Series C funding round.

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LITIGATION

Kyndryl Hid Cash Management Malpractice, Investor Claims

By Sydney Price

Information technology services company Kyndryl Holdings Inc. and a current and former executive were hit with a proposed shareholder class action accusing them of misleading investors with representations that the company had sufficient control over its cash management practices.

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NYU Tax Center Backs IRS In 2nd Circ. Limited Partner Fight

By Kat Lucero

An investment company's bid to restore a self-employment tax exemption for its limited partners improperly relies on state law to define their federal tax status, New York University's Tax Law Center told the Second Circuit in an amicus brief supporting the IRS.

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EXPERT ANALYSIS

Series

Law School's Missed Lessons: The Human Element

Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

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LEGAL INDUSTRY

Alston & Bird Hires Derivatives Atty From K&L Gates

By Jack Rodgers

Alston & Bird LLP has hired a former K&L Gates LLP lawyer, who has joined its financial services group, the firm announced Thursday.

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Nomination For New DOJ Fraud Chief Heads To Senate Floor

By Courtney Bublé

The nomination of Colin McDonald for the new position of assistant attorney general for fraud was sent to the full Senate on Thursday, after the Judiciary Committee voted 12-10 along party lines to advance his nomination.

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McGuireWoods Gains Former Fried Frank IP Litigator In DC

By Jack Rodgers

McGuireWoods LLP announced Thursday it has hired an intellectual property litigator from Fried Frank Harris Shriver & Jacobson LLP, which he moved to in 2022 alongside his wife.

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Insurance Co. Aflac's GC Pay Jumped To $5.9M In 2025

By Madison Arnold

The general counsel of Georgia-based insurance giant Aflac Inc. got a pay hike in 2025, taking home a total compensation of almost $6 million.

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Sitting Judges Take Stand Over Threats Growing 'Ordinary'

By Jake Maher

On the heels of an ethics opinion giving them wider latitude to speak publicly, sitting federal judges brought attention Thursday to the increasing threats against them and their family members, warning about the dangers of such threats becoming "ordinary."

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COMPANIES IN TODAY'S NEWS

AFLAC Inc.

Bank of America Corp.

Boston College

Brennan Center for Justice

Equifax Inc.

HackerOne Inc.

International Business Machines Corp.

JPMorgan Chase & Co.

Kyndryl Holdings Inc.

McDonald's Corp.

New York University

Sequoia Capital Operations LLC

Sirius Solutions LLLP

Sumo Logic Inc.

LAW FIRMS IN TODAY'S NEWS

Alston & Bird

Axinn Veltrop

Eversheds Sutherland

Fried Frank

Gibbs Mura

K&L Gates

McDermott Will & Schulte

McGuireWoods

Michael Best & Friedrich

Ropes & Gray

Saxena White

Silver Law Group

Skadden Arps

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Federal Reserve System

Internal Revenue Service

International Trade Commission

U.S. Attorney's Office for the Southern District of California

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. District Court for the Central District of California

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Tennessee

U.S. Securities and Exchange Commission

U.S. Supreme Court

U.S. Tax Court

US Office of Management and Budget