Private Equity

  • May 08, 2026

    Slaughter And May-Led Intertek Rejects EQT's Higher £9B Bid

    Intertek Group PLC has rejected a third takeover proposal from a subsidiary of Swedish private equity firm EQT AB, saying on Friday that the latest offer continues to undervalue the British laboratory testing company and still carries too much risk.

  • May 07, 2026

    OpenAI CEO Altman Fueled 'Toxic Culture Of Lying,' Jury Told

    California federal jurors weighing Elon Musk's challenge to OpenAI's for-profit conversion on Thursday watched prerecorded testimony from a former OpenAI board member who voted to oust CEO Sam Altman in 2023 over concerns his pattern of lies and deception fostered a "toxic culture of lying."  

  • May 07, 2026

    Kalshi Nets $1B Fundraise, Reaches $22B Valuation

    Kalshi, guided by Cooley LLP, announced Thursday that it raised $1 billion for its Series F fundraising round as it reached a $22 billion valuation.

  • May 07, 2026

    Insurer Needn't Cover Real Estate Co.'s $330K Arbitration Bill

    An insurer is not on the hook for more than $330,000 in defense costs that a commercial real estate company and its manager incurred in arbitration with investors, a Washington federal court ruled Thursday, saying the company failed to show that the costs arose from covered fiduciary duty claims.

  • May 07, 2026

    Conn. Investment Firm Settles $70M Client Poach Suit

    Connecticut investment firm TJT Capital Group LLC and its one-time chief compliance officer have settled a lawsuit accusing the former executive of taking 125 clients with $70 million in assets under management when he left for a new job, federal court records show.

  • May 07, 2026

    Cooley Leads Space Analytics Firm HawkEye 360's $416M IPO

    Space-based radio signals company HawkEye 360 began trading publicly on Thursday after raising $416 million in its initial public offering led by Cooley LLP and Davis Polk & Wardwell LLP.

  • May 07, 2026

    Broadfield Adds Corporate Partners From Sidley, Cooley In NY

    Broadfield announced Thursday that two former BigLaw attorneys have joined the firm as partners in its U.S. corporate practice in New York.

  • May 07, 2026

    Simpson Thacher Guides $1.3B Cold Storage Joint Venture

    Americold Realty Trust and EQT, advised by Simpson Thacher & Bartlett LLP, are forming a $1.3 billion joint venture to operate and potentially build upon a portfolio of 12 cold storage properties in the U.S., the companies said.

  • May 07, 2026

    Apis Partners Clinches $1.23B Tech-Focused Funds

    British private equity firm Apis Partners Group Ltd., led by Clifford Chance LLP, on Thursday revealed that it closed its latest funds with a combined $1.23 billion of commitments, which will be used to invest in technology-enabled businesses in the financial infrastructure and services sectors.

  • May 07, 2026

    Blue Owl's Stack Could See $30B Price Tag, And More Rumors

    Artificial intelligence was a common denominator across recent deal rumors, as Blue Owl Capital was said to be exploring a $30 billion sale of Stack Infrastructure's Asia operations, Anthropic cut a reported $200 billion deal with Google Cloud, and KKR raked in billions for the buildout of a new data center-focused AI company. 

  • May 06, 2026

    Mother Of Musk's Kids Defends Role As OpenAI Liaison

    Ex-OpenAI board member Shivon Zilis, who has four children with Elon Musk, took the stand in a California federal jury trial Wednesday over Musk's challenge to OpenAI's for-profit conversion, defending her role as an intermediary between Musk and other OpenAI founders and testifying she twice raised concerns over Sam Altman's leadership.

  • May 06, 2026

    Restaurateur Opposes Warhol Turnover During Appeal

    A disgraced Chinese restaurateur asked a New York federal judge to hold off on allowing a creditor owed about $142 million under arbitral awards to seize two paintings as payment, including an Andy Warhol, while she appeals a court judgment.

  • May 06, 2026

    Altria, Juul Ask For Stay During Antitrust Class Cert. Appeal

    Altria and Juul are asking a California federal court to pause a case alleging the companies schemed to have Altria exit the e-cigarette market while they appeal a class certification ruling to the Ninth Circuit.

  • May 06, 2026

    'Drugs Made In America' SPAC Eyes $1B Deal With AI Platform

    Special purpose acquisition company Drugs Made In America Acquisition Corp. has filed plans with U.S. regulators to merge with tech company Power Analytics Global Corp. in a deal with a target enterprise valuation of $1 billion for Power Analytics.

  • May 06, 2026

    Brazilian AI Co. Valued At $1.2B After $100M Series B Round

    Brazilian artificial intelligence company Enter, which produces software to help businesses deal with consumer lawsuits, announced Tuesday a $100 million Series B funding round that values the company at $1.2 billion.

  • May 06, 2026

    Ametek To Acquire PE-Owned Indicor Instrumentation For $5B

    Industrial technology company Ametek Inc. said Wednesday it has agreed to pay $5 billion in cash for a portfolio of instrumentation businesses from Indicor LLC, a portfolio company of private equity firm CD&R.

  • May 06, 2026

    CellCentric Closes Latest Funding Round With $220M In Tow

    Clinical-stage biotechnology company CellCentric on Wednesday revealed that it closed its oversubscribed Series D financing round after securing $220 million from investors.

  • May 05, 2026

    Musk Sought Control Of OpenAI To Fund Mars City, Jury Told

    OpenAI President Greg Brockman defended OpenAI's for-profit conversion during a California federal jury trial Tuesday and accused Elon Musk of demanding "unilateral absolute control" over OpenAI to fund his plans for a city on Mars, while acknowledging under examination that Musk proposed his stake would "change quickly" with additional investors.

  • May 05, 2026

    Ex-CEO Gets 5 Years In Prison For $212.5M Fraud Case

    A New Jersey federal judge on Tuesday sentenced the former CEO of a now-defunct medical billing company to five years in prison, the statutory maximum penalty, for his role in a $212.5 million scheme to inflate the value of his company to defraud investors.

  • May 05, 2026

    BlackRock, State Street Push To Trim Red State AGs' Suit

    BlackRock and State Street have further urged a Texas federal judge to trim down antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that the chain from their investment activity to retail electricity prices "stretches through multiple intervening markets and countless nonparties."

  • May 05, 2026

    Ending Carried Interest Tax Break May Net $88B, Report Says

    Ending the carried interest tax break could raise far more than previously estimated, nearly $88 billion in a decade, based on a new methodology put forward in a report by the Yale Budget Lab.

  • May 05, 2026

    Kirkland-Led Twin Bridge Closes 6th Fund With $855M In Tow

    Kirkland & Ellis LLP-advised Twin Bridge Capital Partners on Tuesday announced it had closed its sixth lower middle market-focused fund, dubbed Pacific Street Fund VI LP, after securing $855 million in investor commitments — exceeding the private equity firm's initial $800 million target.

  • May 05, 2026

    Willkie Guides Bridge Growth's $790M Vehicle

    Bridge Growth Partners announced Tuesday that the investment firm raised CA$1.1 billion ($790 million) for a single-asset continuation vehicle under the guidance of Willkie Farr & Gallagher LLP, allowing it to extend its investment in artificial intelligence platform Solace.

  • May 05, 2026

    Fugitive Trader's Wife Held In Contempt Amid $67M Fraud Suit

    A Connecticut federal judge has held the wife of a fugitive Oak Management Corp. trader in contempt for trying to use her divorce case to take control of assets under the management of a receiver, who was appointed as part of a U.S. Securities and Exchange Commission civil suit.

  • May 05, 2026

    3 Firms Steer Crypto Exchange Bullish's $4.2B Equiniti Buy

    Bullish said Tuesday it has agreed to acquire Equiniti in a $4.2 billion transaction steered by three law firms, as the institutional digital asset platform aims to create a global transfer agent for tokenized securities.

Expert Analysis

  • Opinion

    AI Presents A Make-Or-Break Moment For Outside Counsel

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    The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

  • Series

    Watching Hallmark Movies Makes Me A Better Lawyer

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    I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.

  • Opinion

    AI Doc Ruling Got Privilege Analysis Wrong

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    Broad reasoning used by a New York federal judge in U.S. v. Heppner — to determine the criminal defendant's interactions with a generative artificial intelligence platform were not protected — mistakenly treats AI use as dispositive disclosure to a third party and adopts an unduly narrow conception of work product, say attorneys at Lankler Siffert.

  • Assessing Potential Legal Claims From Private Credit Turmoil

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    Amid the downturn in the private credit markets spurred by multiple high-profile bankruptcies, a New York lawsuit stemming from the collapse of First Brands provides an important case study for investors to help minimize future losses and maximize any potential recovery in the event of a private credit default, say attorneys at Bleichmar Fonti.

  • How Iran War Might Reshape Proxy Contests This Year

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    The Iran war may function as a short-term poison pill for proxy contests, not because it strengthens corporate defenses, but because it increases the risks associated with activist commitments, say attorneys at Sidley.

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

    Excerpt from Practical Guidance
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    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

  • 6 Noteworthy Changes From SEC Enforcement Manual Update

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    Recent updates to the U.S. Securities and Exchange Commission’s enforcement manual represent a commitment to transparency and fair process, with the signature change being a requirement that staff make certain probative evidence available during the Wells process, say attorneys at Debevoise.

  • Series

    Coaching Soccer Makes Me A Better Lawyer

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    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

  • Series

    Law School's Missed Lessons: The Human Element

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    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.

  • How DExit, Mandatory Arbitration Could Alter IPO Outlook

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    As companies continue to leave Delaware and the U.S. Securities and Exchange Commission begins allowing companies to implement mandatory arbitration provisions, these developments could have a major impact on the initial public offering, securities class action, and directors and officers insurance landscapes, says Walker Newell at Arthur J. Gallagher & Co.

  • The Benefits Of Choosing A Niche Practice In The AI Age

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    As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.

  • Series

    Podcasting Makes Me A Better Lawyer

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    Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.

  • 5 Key Issues Affecting Deal Structurings In Ship Finance

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    Several trends are shaping the ship finance landscape, including the impact of Basel IV in Europe and the Nordic bond market, making it essential for both lenders and shipowners to utilize creative deal structuring and maintain an awareness of competitive dynamics across traditional bank and private lending, say attorneys at Holland & Knight.

  • The Cautionary Tale Of A Supply Chain Inquiry 'Made In Italy'

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    Legal probes into the Italian luxury fashion supply chain reflect the need for effective buy-side diligence with a variety of tools and through a variety of lenses to avoid an issue after an M&A transaction, says Jesse Silvertown at Hesparus.

  • PFAS Risks In M&A Amid Litigation, Legislative Developments

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    Per- and polyfluoroalkyl substances have become a significant M&A concern amid new trends in settlements and state laws, and potential buyers must find ways to evaluate potential related risks, say attorneys at Debevoise.

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