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Private Equity
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November 14, 2025
Calif. Properties Off-Limits For Now In $300M Award Fight
A New York federal judge won't allow a group of companies to take over two multimillion-dollar Napa Valley, California, properties in their bid to enforce a more than $300 million arbitral award in their dispute with fellow shareholders of a Latin American telecommunications company.
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November 14, 2025
Cleary, K&L Gates Advise On Duravant's $230M Matthews Deal
Warburg Pincus-backed Duravant has agreed to purchase the warehouse automation business of Matthews International Corp. for $230 million, with Cleary Gottlieb Steen & Hamilton LLP steering Duravant and K&L Gates LLP advising Matthews International.
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November 14, 2025
Mayer Brown Adds Longtime Hogan Lovells Private Credit Attys
Two attorneys who both spent more than a decade each with Hogan Lovells working on deals and complex financial transactions have moved their practices to Mayer Brown LLP's Washington, D.C., office, the firm has said.
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November 14, 2025
Blackstone Ponies Up $1.2B For W.Va. Power Plant Build
Blackstone Energy Transition Partners announced on Nov. 14 that it will invest $1.2 billion to build a 600-megawatt power generation plant in Harrison County, West Virginia, amid a spate of investment into the energy infrastructure needed to feed data center power demands.
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November 14, 2025
6 Firms Guide Warburg Pincus-Led $1.4B ECN Capital Buyout
Toronto-based ECN Capital Corp. announced that it has agreed to be taken private by an investor group led by Warburg Pincus, in an all-cash transaction valuing the specialty finance company at roughly 1.9 billion Canadian dollars ($1.4 billion).
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November 14, 2025
Taxation With Representation: Wachtell, Paul Hastings, Sidley
In this week's Taxation With Representation, Pfizer Inc. completes its acquisition of obesity drug developer Metsera Inc., motion and controls technologies company Parker-Hannifin Corp. acquires Filtration Group Corp., and fund administrator JTC PLC backs a cash offer in the billions from British private equity shop Permira.
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November 14, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Freeths face a professional negligence claim from a Scottish car dealership, Rolls-Royce sue logistics giant Kuehne + Nagel, and a team of Oberon Investments Group investment managers sued by their former employer.
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November 14, 2025
Bavarian Nordic Chair Quits After Failed $3.1B Takeover Bid
The chair of Bavarian Nordic has departed his job after the Danish vaccine developer failed to persuade shareholders to vote for a $3.1 billion takeover by private equity firms Nordic Capital and Permira.
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November 13, 2025
7th Circ. Judge Questions Pilgrim's Chicken Price-Fix Win
A Seventh Circuit judge seemed skeptical Thursday that a brief email acceptance and an unsigned agreement are enough to say Pilgrim's Pride had definitively settled chicken and other protein price-fixing claims with Sysco before a Burford Capital LLC unit picked them up to continue litigating.
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November 13, 2025
As Backlogged SEC Reopens, Attys Jostle To 'Get In Line'
Thousands of U.S. Securities and Exchange Commission employees who were sent home last month finally returned to their offices Thursday, and experts say it will likely take at least a month for them to catch up with a backlog of casework and submissions for initial public offerings.
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November 13, 2025
Trump To Pardon UK Billionaire Lewis For Insider Trading
President Donald Trump has agreed to pardon 88-year-old British billionaire Joseph Lewis, who was sentenced to three years of probation for feeding nonpublic stock tips to his girlfriend and private-jet pilots.
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November 13, 2025
San Diego Padres Eye Sale As Ownership Suit Unfolds
Major League Baseball's San Diego Padres announced Thursday that they are exploring selling the franchise, while a court battle for control of the organization marches on with the widow of the team's former owner.
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November 13, 2025
Clean Energy Cos. Tap Private Cash To Beat Tax Credit Clock
Clean energy developers are increasingly looking to privately held investors to ensure they can do enough work to keep their projects fully eligible for tax credits that start phasing out next year, energy development attorneys told Law360.
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November 13, 2025
EngageSmart Deal 'Screams' Disclosure Failures, Atty Says
The record surrounding payment venture EngageSmart Inc.'s $4 billion take-private sale to affiliates of Vista Equity Partners LLC "screams" transparency shortfalls on the part of company directors and others, an attorney for stockholders who challenged the deal in Delaware's Court of Chancery told a vice chancellor on Thursday.
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November 13, 2025
Fenwick, WilmerHale Steer $285M Mersana Take-Private Deal
Pediatric cancer-focused biopharmaceutical company Day One Biopharmaceuticals, led by Fenwick & West LLP, announced plans Thursday to acquire clinical-stage biopharmaceutical company Mersana Therapeutics Inc., advised by WilmerHale, in a take-private deal worth up to $285 million.
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November 13, 2025
FTC Fails To Block Doctors' Testimony In $945M Merger Case
A D.C. federal judge refused Thursday to bar a pair of outside doctors and consultants from vouching for Edwards Lifesciences Corp.'s planned JenaValve Technology Inc. acquisition, preferring to let the Federal Trade Commission contest their testimony in cross-examination and saying from the bench that he'll "make some popcorn."
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November 13, 2025
Chaos Industries Secures $510M To Boost Defense Tech
Defense technology company Chaos Industries said Thursday it has raised $510 million in new funding led by Valor Equity Partners, with participation from existing backers 8VC and Accel, at a valuation of $4.5 billion.
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November 13, 2025
Advent GC Returns To Ropes & Gray To Co-Lead PCT Practice
Ropes & Gray LLP announced Thursday that an attorney who left its ranks a few years ago for private equity firm Advent International Corp. is set to return to the firm at the beginning of December as the co-leader of its global private capital transactions practice.
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November 13, 2025
Silvergate Bank Parent Gets OK For Ch. 11 Plan
A Delaware bankruptcy judge on Thursday approved the Chapter 11 plan of the parent company of failed cryptocurrency-focused Silvergate Bank after hearing the company had resolved all objections to the proposal.
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November 13, 2025
AI Coding Biz Valued At $29.3B After $2.3B Funding Round
Artificial intelligence development platform Cursor on Thursday revealed that its valuation had soared to $29.3 billion after it wrapped its latest funding round with $2.3 billion in investor commitments.
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November 13, 2025
C3 AI Considers Sale After CEO Departs, Plus More Rumors
Artificial intelligence software provider C3 AI is exploring a sale after its founder and CEO stepped down earlier this year, British telecommunications provider SCG weighs a potential sale at a $1.07 billion valuation, and U.K.-based fintech company Iwoca is in talks about a sale that could value it at $1.34 billion.
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November 12, 2025
Ex-Aerotech Workers Push For Class Cert. In ESOP Suit
Former Aerotech Inc. employees who have accused the motion control solutions company of mismanaging its employee stock ownership plan urged a Pennsylvania federal court Wednesday to certify a class of plan beneficiaries and participants, saying they easily satisfied requirements for class certification.
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November 12, 2025
Pork Buyers Fight Bid To Pause Price-Fixing Case For Appeal
Pork buyers told a Minnesota federal judge not to hit pause on their price-fixing case while Agri Stats Inc. and major producers push the Eighth Circuit to force the judge's recusal over a law clerk's previous work on a related case.
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November 12, 2025
McDermott Exploring Selling Stake To Private Equity
McDermott Will & Schulte on Wednesday acknowledged it is fielding interest from private equity investors, a development that underscores how some of the legal industry's largest players are considering moving to a nontraditional business model.
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November 12, 2025
General Counsel AI Raises $60M Series B At $555M Valuation
General Counsel AI Inc., a legal artificial intelligence platform for in-house counsel, announced on Wednesday a $60 million Series B funding round that values the company at $555 million.
Expert Analysis
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Series
Law School's Missed Lessons: Skillful Persuasion
In many ways, law school teaches us how to argue, but when the ultimate goal is to get your client what they want, being persuasive through preparation and humility is the more likely key to success, says Michael Friedland at Friedland Cianfrani.
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A Look At Trump 2.0 Antitrust Enforcement So Far
The first six months of President Donald Trump's second administration were marked by aggressive antitrust enforcement tempered by traditional structural remedies for mergers, but other unprecedented actions, like the firing of Federal Trade Commission Democrats, will likely stoke heated discussion ahead, says Richard Dagen at Axinn.
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How Real Estate Funds Can Leverage Del. Statutory Trusts
Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.
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Litigation Inspiration: How To Respond After A Loss
Every litigator loses a case now and then, and the sting of that loss can become a medicine that strengthens or a poison that corrodes, depending on how the attorney responds, says Bennett Rawicki at Hilgers Graben.
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Tips For Cos. From California Climate Reporting FAQ
New guidance from the California Air Resources Board on how businesses must implement the state's sweeping climate reporting requirements should help companies assess their exposure, understand their disclosure obligations and begin documenting good-faith compliance efforts, says Thierry Montoya at Frost Brown.
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Weighing PE Transaction Risks As EU AI Act Rolls Out
As the European Union Artificial Intelligence Act becomes effective in stages, legal practitioners involved in private equity deals should consider the transactional risks resulting from this measure, including penalties, extraterritorial reach and target-firm applicability, say lawyers at Covington.
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Why SEC Abandoned Microcap Convertible Debt Crackdown
The U.S. Securities and Exchange Commission has recently dismissed several cases targeting microcap convertible debt lenders, a significant disavowal of what was a controversial enforcement initiative under the Biden administration and a message that the new administration will focus on clear fraud, say attorneys at O'Melveny.
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The Metamorphosis Of The Major Questions Doctrine
The so-called major questions doctrine arose as a counterweight to Chevron deference over the past few decades, but invocations of the doctrine have persisted in the year since Chevron was overturned, suggesting it still has a role to play in reining in agency overreach, say attorneys at Crowell & Moring.
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Biotech Collaborations Can Ease Uncertainty Amid FDA Shift
As concerns persist that the U.S. Food and Drug Administration's reduced headcount will impede developments at already-strapped biotech companies, licensing and partnership transactions can provide the necessary funding and pathways to advance innovative products, say attorneys at Troutman.
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Series
Playing Mah-Jongg Makes Me A Better Mediator
Mah-jongg rewards patience, pattern recognition, adaptability and keen observation, all skills that are invaluable to my role as a mediator, and to all mediating parties, says Marina Corodemus.
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Series
Law School's Missed Lessons: Navigating Client Trauma
Law schools don't train students to handle repeated exposure to clients' traumatic experiences, but for litigators practicing in areas like civil rights and personal injury, success depends on the ability to view cases clinically and to recognize when you may need to seek help, says Katie Bennett at Robins Kaplan.
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Opinion
4 Former Justices Would Likely Frown On Litigation Funding
As courts increasingly confront cases involving hidden litigation finance contracts, the jurisprudence of four former U.S. Supreme Court justices establishes a constitutional framework that risks erosion by undisclosed financial interests, says Roland Eisenhuth at the American Property Casualty Insurance Association.
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How Attys Can Use AI To Surface Narratives In E-Discovery
E-discovery has reached a turning point where document review is no longer just about procedural tasks like identifying relevance and redacting privilege — rather, generative artificial intelligence tools now allow attorneys to draw connections, extract meaning and tell a coherent story, says Rose Jones at Hilgers Graben.
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Identifying Data Center Investment Challenges, Opportunities
The role of data centers is expanding, as are new opportunities for private capital investors, but there are issues to consider, including finance models and contract complexity, as well as power supply, cyber threat resilience and data sovereignty, say lawyers at Ropes & Gray.
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Series
Playing The Violin Makes Me A Better Lawyer
Playing violin in a string quartet reminds me that flexibility, ambition, strong listening skills, thoughtful leadership and intentional collaboration are all keys to a successful legal practice, says Julie Park at MoFo.