Private Equity

  • September 14, 2026

    Colo. Justices Won't Review $3.36M Verdict Against Gas Co.

    The Colorado Supreme Court unanimously declined on Monday to hear the case of a natural gas marketing company appealing a $3.36 million jury verdict in favor of its former trading director who accused the company of failing to pay out a bonus related to his trades.

  • September 14, 2026

    Mobileum Ex-CFO Seeks More Than $2M In Legal Fees

    Former Mobileum Inc. Chief Financial Officer Andrew Warner has sued the company in the Delaware Chancery Court, seeking more than $2 million in legal fees tied to a federal criminal case and accusing Mobileum of reversing its position after repeatedly recognizing his right to have those expenses advanced.

  • September 14, 2026

    Latham, Skadden Prep Bamboo Insurance's $700M IPO Target

    Bamboo Insurance Services, a Utah home insurance company backed by European private equity firm CVC Capital Partners, unveiled plans Monday to raise up to $700 million in an upcoming initial public offering guided by Latham and Skadden.

  • September 14, 2026

    Foley Hoag Grows Debt Finance Team With New Co-Chair

    An attorney who built her debt finance practice for more than 26 years at Goodwin Procter LLP has recently joined Foley Hoag LLP's Boston office, where she has been selected to co-lead the firm's debt finance team.

  • September 14, 2026

    Dell-Backed Group Taking Baldwin Private In $7.7B Deal

    A group backed by Sequence Holdings and DFO Management, Michael Dell's family office, has agreed to acquire a majority interest in The Baldwin Group Inc. in a transaction valued at roughly $7.7 billion, including debt, with at least five law firms advising, Baldwin announced Monday.

  • September 14, 2026

    Thryv Selling White, Yellow Pages Units To PE Firm For $142M

    Thryv Holdings Inc. said Monday it has agreed to sell its print directories business to Los Angeles-based investment firm Carolwood LP for $142 million in cash, with Holland & Knight LLP advising Thryv and Sheppard Mullin Richter & Hampton LLP advising Carolwood.

  • September 14, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week saw disputes over allegedly fabricated board approvals at a telecom infrastructure startup, insider trading and child safety at Roblox Corp. and ownership of artificial intelligence technology used in legal proceedings.

  • September 14, 2026

    Norton Rose Adds Corporate Pro In Austin From Latham

    Norton Rose Fulbright announced Monday that it has expanded its national corporate and private equity offerings with a partner addition to the corporate, mergers and acquisitions and securities group in Austin, Texas, who came aboard from Latham & Watkins LLP.

  • September 11, 2026

    Bitcoin Miner Atlantic HPC Lands $150M SPAC Merger

    Bitcoin mining company Atlantic HPC Group Inc., led by Hunter Taubman Fischer & Li LLC, on Friday revealed plans to go public by merging with Ellenoff Grossman & Schole LLP-led special purpose acquisition company Aperture AC in a $150 million deal.

  • September 11, 2026

    Qdoba Sued Over Jalapenos Tied To Salmonella Outbreak

    Fast casual Mexican restaurant chain Qdoba and Coast Citrus Distributors were hit with a proposed negligence class action in California federal court Thursday by two customers who allege they fell ill after consuming food containing jalapeno peppers supplied by the defendants that they say were contaminated with salmonella. 

  • September 11, 2026

    RV Co. Reaches Deal With DOL In ESOP Row

    A recreational vehicle company and its executives have agreed to settle a U.S. Department of Labor suit alleging they improperly allowed its employee stock ownership plan to be overcharged in a $105 million deal, according to an Arizona federal court filing.

  • September 11, 2026

    Mass. Fund Says It Was Sidelined After Lining Up $300M

    A Massachusetts life sciences investment fund says SPRIM Global Investments strung it along on a pledge to bring it in as a co-general partner in a new joint fund, then backed out of the agreement and took control of the fund after the plaintiff lined up a $300 million investment, according to a lawsuit filed in Massachusetts state court.

  • September 11, 2026

    Ex-CEO Of AI Recruitment Co. Cops To $27M Investor Fraud

    The former CEO of bankrupt artificial intelligence-powered staffing firm Joonko Diversity on Friday entered a guilty plea to charges that she defrauded investors out of $27 million using forged financial documents and lying about the company's customers.

  • September 11, 2026

    3 Firms Guide Firstborn Top Capital's $1.1B SPAC Merger

    ARC Group Acquisition I Corp., a Nasdaq-listed special purpose acquisition company, has agreed to acquire Malaysian private financing company Firstborn Top Capital in a deal that values the business at an implied enterprise value of nearly $1.1 billion.

  • September 11, 2026

    Retiree Says Pot Entrepreneur Scammed Him Of $3M Savings

    A California retiree and his relative are suing a cannabis entrepreneur and his businesses in Los Angeles court, alleging that the entrepreneur duped them into investing more than $3 million into a cannabis business, only to string them along and fail to live up to his promises of repayment.

  • September 11, 2026

    Don't Miss It: Cooley, Latham Steer Hot Deals

    A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals.

  • September 11, 2026

    Cooley, Investor Settle NJ Malpractice Suit Over Startup Deal

    Cooley LLP and an investor who had accused the firm of malpractice over a deal to invest in a dry-cleaning delivery startup have resolved the case, they told a New Jersey federal court this week.

  • September 11, 2026

    Cravath Makes Historic Group Hire In Weil M&A Addition

    In what appears to be its largest-ever group hire, Cravath Swaine & Moore LLP announced Friday the firm is bringing on six mergers and acquisitions partners from Weil Gotshal & Manges LLP, including that firm's corporate department chair.

  • September 11, 2026

    Taxation With Representation: Paul Weiss, Troutman, Wachtell

    In this week's Taxation With Representation, GE Aerospace buys Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners, Independence Realty Trust Inc. and Centerspace agree to merge, and EverBank Financial Corp. and WaFd Inc. agree to combine through a reverse merger.

  • September 11, 2026

    LA Judge Rejects Bid For $134K Default In Pot Co. Loan Suit

    A California state judge has rejected a lender's bid for default judgment in a suit alleging that a cannabis oil extraction company's owner failed to pay back a $134,000 loan, saying the lender is asking for too much without sufficient evidence.

  • September 10, 2026

    Fed Colluded With Wall Street On New Capital Rules, Suit Says

    The Federal Reserve Board and its vice chair for supervision, Michelle Bowman, were sued on Thursday by Wall Street reform group Better Markets Inc., which alleges Bowman secretly met with the heads of Wall Street giants to manipulate the newly proposed U.S. bank capital rules.

  • September 10, 2026

    Drone Co., Ex-VP Reach Deal Resolving Pay, Sabotage Claims

    A company that makes emergency response drones and its former vice president of sales have settled a dispute in which the executive alleged he was stiffed on pay and the company accused him of trying to sabotage its business, court records show.

  • September 10, 2026

    PwC Will Pay $96M To Settle Valeant Investor Class Claims

    PricewaterhouseCoopers LLP has agreed to pay $96 million to end a long-running securities fraud suit over an alleged market manipulation scheme by Bausch predecessor Valeant Pharmaceuticals, the plaintiffs told a New Jersey federal court Thursday.

  • September 10, 2026

    AI Biz Motive Secures $1.3B From General Catalyst

    Artificial intelligence company Motive on Thursday announced that it secured over $1.3 billion in growth financing, which will be used to boost its platform and scale its go-to-market teams.

  • September 10, 2026

    TPG, Blue Owl, CVC Exploring Deals, And More Rumors

    Private equity firm TPG may be looking to sell Lyric, which could value the healthcare software company at $5 billion; asset manager Blue Owl Capital is exploring the launch of a real estate investment trust; and CVC Capital Partners could sell personal care company Arthea at a $2 billion valuation. 

Expert Analysis

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Calif. Case Raises Questions For Medical Practice Investors

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    The California attorney general's amicus brief in Art Center v. WCE and the California Medical Association's response highlight how the California appeals court's ruling could significantly affect the structure and enforceability of succession arrangements in medical practice ownership, say attorneys at Ropes & Gray.

  • Series

    Playing Magic: The Gathering Makes Me A Better Lawyer

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    The competitive card game Magic: The Gathering offers me a training ground for the strategic thinking skills crucial to litigation, challenging me to adapt to oft-updated rules, analyze text as complicated as any statute and anticipate my opponent’s next moves, says Christopher Smith at Lash Goldberg.

  • Why The Wells Process Is No Longer A One-Sided Exercise

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    The U.S. Securities and Exchange Commission's recently revamped Enforcement Manual rewrites the informational asymmetry that has defined SEC defense for decades, providing counsel with several new strategies to produce better submissions, give better advice and achieve better outcomes, says Ashwin Ram at Buchalter.

  • Improving Well-Being In Law, 10 Years After Landmark Study

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    An important 2016 study revealed significant substance abuse and mental health issues among lawyers, and while the findings helped normalize the conversation around these topics, a decade later, structural change is still needed, says Denise Robinson at PLI.

  • 8 Reasons To Consider Maryland As A 'DExit' Option

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    While Nevada and Texas have garnered the most attention as alternative states of incorporation for companies considering leaving Delaware, Maryland offers considerable benefits too, including a predictable statutory framework, robust anti-takeover protections, sophisticated business courts with decades of experience, and more, say attorneys at Miles & Stockbridge.

  • What DOL Proposal Signals For 401(k)s, Alternative Assets

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    The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

  • SEC's Enforcement Slowdown May Raise Oversight Questions

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    After six months of enforcement activity, it's clear that fiscal year 2026 will see an unprecedented decline in U.S. Securities and Exchange Commission enforcement activity relative to past years, but whether the SEC will be viewed as sufficiently policing the securities markets at the end of the fiscal year is more uncertain, say attorneys at Covington.

  • Why Justices Seem Skeptical Of Curbing SEC Disgorgement

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    Sripetch v. U.S. Securities and Exchange Commission presents an opportunity for the U.S. Supreme Court to clarify the disgorgement limits it set six years ago in Liu v. SEC, with recent oral arguments suggesting the court sees disgorgement as an equitable remedy akin to unjust enrichment, say attorneys at Hueston Hennigan.

  • OFAC Signals Sanctions Diligence Can't Stop At 50% Rule

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    Recent guidance from the Office of Foreign Assets Control, along with several enforcement actions looking beyond the 50% formal ownership requirement, sends a clear message that sanctions due diligence must consider a variety of factors, including degree of control, practice of actual dealings and the involvement of proxies, say attorneys at Jenner & Block.

  • Series

    Officiating Football Makes Me A Better Lawyer

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    Though they may seem to have little in common, officiating football has sharpened many of the same skills that define effective lawyering in management-side labor and employment: preparation, judgment, composure, credibility and ability to make difficult decisions in real time, says Josh Nadreau at Fisher Phillips.

  • Series

    Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • Mitigating Multistate Risks As California Expands Tax Reach

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    Though California's new sourcing rules and extension of the pass-through entity election have created uncertainty, practitioners should file protective returns to respect the law's ambiguity and take certain other steps to protect clients from the costs of losing a future audit, says attorney Delina Yasmeh.

  • Evaluating Congressional Investigation Risk In Deal Diligence

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    Given the increasing frequency and sophistication of congressional investigations into corporate business practices, companies conducting transactional due diligence should add procedures to assess and mitigate the unique challenges and wide-ranging risks that can arise from Capitol Hill’s scrutiny, say attorneys at Covington.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

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