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Private Equity
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January 08, 2026
Kirkland-Led Guidepost Wraps 4th Fund With $521M In Tow
Kirkland & Ellis LLP-advised growth equity shop Guidepost Growth Equity on Thursday announced that it clinched its fourth fund above target with $521 million in total investor commitments.
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January 08, 2026
Willkie Helps Mutares Buy Thermoplastics Biz For $450M
German private equity firm Mutares said Thursday that it will buy the European and American thermoplastics business of Sabic, a Saudi Arabian chemicals heavyweight, for $450 million in the largest transaction it has ever made.
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January 07, 2026
OpenAI Can't Ax Musk's Fraud Claim Over For-Profit Plan
A California federal judge indicated Wednesday that she'll deny OpenAI's bid to toss Elon Musk's claims that the artificial intelligence company duped the billionaire into donating $45 million with false promises of remaining a nonprofit, saying "there's plenty of evidence" to take the claim to a jury.
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January 07, 2026
Trader Asks Wary Colo. Appeals Court To Award $10M Penalty
A Colorado appellate panel pushed back Wednesday on an ex-trading director's bid for a $10 million statutory penalty against his former employer following a $6.8 million judgment against the natural gas marketing company for failing to pay him a bonus on lucrative trades made during a 2021 winter storm.
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January 07, 2026
Trump Says He Wants To Ban Wall Street From Buying Houses
President Donald Trump announced in an online post Wednesday he plans to ask Congress to endorse coming steps from his administration to ban large institutional investors from buying single-family homes in the U.S.
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January 07, 2026
Kirkland-Led Warburg Pincus Clinches $3B Financial Fund
Kirkland & Ellis LLP-advised private equity giant Warburg Pincus announced Wednesday it closed its third financial sector fund with $3 billion in tow.
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January 07, 2026
3 Firms Guide Apollo's $3.5B Data Center Financing
Apollo-managed funds and affiliates provided $3.5 billion to a fund managed by Valor Equity Partners, a financing arranged by Latham & Watkins, Proskauer Rose and Sullivan & Cromwell that will back the acquisition and lease of data center infrastructure to Elon Musk's xAI Corp.
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January 07, 2026
Simpson Thacher Advises As Data Center Biz Gets $1.9B
Investment firm KKR and private equity firm Oak Hill Capital on Wednesday said they will contribute approximately $1.9 billion in investments for European data center company Global Technical Realty, with Simpson Thacher & Bartlett LLP advising.
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January 06, 2026
Ropes-Advised Buyout Firm BV Beats Target With $2.5B Raise
Boston-based private equity firm BV Investment Partners said Tuesday that it has closed its latest fund at $2.46 billion, exceeding an initial $2 billion target, with Ropes & Gray LLP advising.
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January 06, 2026
White & Case-Led Brazilian Digital Bank Seeks US IPO
Brazilian digital banking platform PicS has filed for a proposed initial public offering with the U.S. Securities and Exchange Commission in an offering guided by White & Case LLP and underwriters' counsel Davis Polk & Wardwell LLP, with hopes to list its Class A common shares on the Nasdaq Global Select Market.
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January 06, 2026
Sidley Loses 4th NY Finance Partner To Paul Weiss
Paul Weiss Rifkind Wharton & Garrison LLP has brought on another former Sidley Austin LLP attorney as a New York-based partner on its growing corporate finance team, the firm announced Tuesday.
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January 06, 2026
US Investor Amends Terms Of £340M Buy Of Tech Biz Idox
U.S. investment firm Long Path Partners has said it will change the mechanism used in its £339.5 million ($460 million) buyout of U.K.-based government software company Idox PLC in order to make it easier for the deal to go ahead.
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January 06, 2026
Paul Hastings Adds Ex-Cravath Tax Pro To Growing M&A Team
After adding 20 partners to its mergers and acquisitions platform over the past two years, Paul Hastings LLP announced on Tuesday that it has hired a former Cravath Swaine & Moore LLP partner who advises on the tax elements of mergers and acquisitions.
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January 06, 2026
AB InBev To Buy Back 49.9% Stake In Metals Plants For $3B
The world's largest brewer, AB InBev, said on Tuesday that it will repurchase a minority stake in its U.S. beer-can-making plants from a consortium led by asset manager Apollo for approximately $3 billion.
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January 05, 2026
Legatum Exec Keeps $8M Libel Verdict Against Investigator
A private investigator can't escape an $8 million jury verdict on claims he and his company defamed a businessman by disseminating a bogus background report falsely stating the executive was a Russian asset, a D.C. federal court ruled, saying the defendants' "newly discovered evidence" is not important.
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January 05, 2026
Cancer Biotech Co. Eyes $182M IPO
A company developing new drugs for treating cancer disclosed Monday it is looking to raise roughly $182 million in an initial public offering guided by Paul Hastings LLP and Davis Polk & Wardwell LLP, teeing it up for the first major IPO of 2026.
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January 05, 2026
DayOne Lands $2B For Global Data Center Development
Data center developer DayOne has secured $2 billion in equity financing in a Series C led by investor Coatue, advised by Latham & Watkins LLP, and Indonesia's sovereign wealth fund to develop digital infrastructure in Asia and Europe, the company said on Monday.
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January 05, 2026
Call Center Co. ESOP Managers Ink $8.75M Settlement Deal
A call center holding company's employee stock ownership plan managers, founders and other executives will fork over $8.75 million to end a dispute alleging the workers' ESOP was sold shares at an inflated price, according to the proposed deal filed in Pennsylvania federal court Monday.
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January 05, 2026
Chancery Orders $25K Daily Sanction In Trump Media Dispute
The blank-check company that took Trump Media & Technology Group Corp. public last year drew a $25,000 per-day sanction on Monday in Delaware's Court of Chancery after refusing an over $2 million legal fee advancement bill arising from litigation involving a former CEO in Florida.
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January 05, 2026
Simpson Thacher Opens San Francisco Office
Simpson Thacher & Bartlett LLP is expanding its California presence, announcing Monday it has opened an office in San Francisco.
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January 05, 2026
Delaware Chancery Narrows Real Estate Valuation Suit
A Delaware Chancery Court judge on Monday narrowed the scope of a lawsuit over a disputed real estate valuation, dismissing a contract claim while allowing an implied-covenant claim to proceed based on allegations that the managing member improperly influenced an independent appraisal, with limited discovery to follow.
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January 05, 2026
MoFo US Offices Lead 2026 Partner Promotions
More than a dozen attorneys at Morrison Foerster LLP have started the new year with new titles following the firm's Monday announcement of its partner promotions for 2026.
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January 05, 2026
4 Firms Steer $1.7B Take-Private Of Canadian Multifamily REIT
A group of four law firms guided a take-private acquisition of Minto Apartment Real Estate Investment Trust by affiliates of parent company Minto Group and investment manager Crestpoint Real Estate Investments, an all-cash deal valuing the REIT at $1.7 billion.
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January 05, 2026
Bridgepoint In Talks To Acquire Interpath Majority Stake
Financial advisory company Interpath Ltd. said on Monday that investor Bridgepoint Group is involved in exclusive negotiations for funds it manages to acquire a majority stake in Interpath's business.
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January 05, 2026
Simpson Thacher-Led PE Firm To Buy Debt Manager Stake
Oakley Capital Investments Ltd. said Monday that Oakley Capital Fund VI has agreed to acquire a majority stake in finance specialist Global Loan Agency Services to expand the private equity firm's presence in a growing market.
Expert Analysis
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What Ethics Rules Say On Atty Discipline For Online Speech
Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.
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Balancing The Risks And Rewards Of Private Equity In 401(k)s
The recent executive order directing government agencies to consider encouraging private equity and other alternative investments in 401(k) plans does not change the fundamental fiduciary calculus or reduce risk, as success with private investments will depend on careful analysis of both participant demand and fiduciary obligations, say attorneys at Jenner & Block.
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2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers
Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.
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Junior Attys Must Beware Of 5 Common Legal Brief Mistakes
Excerpt from Practical Guidance
Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.
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Series
Power To The Paralegals: How And Why Training Must Evolve
Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.
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Series
Playing Softball Makes Me A Better Lawyer
My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.
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IPO Suit Reinforces Strict Section 11 Tracing Requirement
A California federal court's recent dismissal of an investor class action against Allbirds in connection with the company's initial public offering cites the U.S. Supreme Court's 2023 Slack v. Pirani decision, reinforcing the firm tracing requirement for Section 11 plaintiffs — even at the pleading stage, say attorneys at Paul Weiss.
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Series
Law School's Missed Lessons: Mastering Time Management
Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.
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Calif. Bill May Shake Up Healthcare Investment Landscape
If signed by the governor, newly passed California legislation would significantly expand the Office of Health Care Affordability's oversight of private equity and hedge fund investments in healthcare companies and management services organizations, and raise several questions about companies' data confidentiality and filing burdens, say attorneys at Ropes & Gray.
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How Hyperlinks Are Changing E-Discovery Responsibilities
A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.
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State False Claims Acts Can Help Curb Opioid Fund Fraud
State versions of the federal False Claims Act can play an important role in policing the misuse of opioid settlement funds, taking a cue from the U.S. Department of Justice’s handling of federal fraud cases involving pandemic relief funds, says Kenneth Levine at Stone & Magnanini.
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Revamped Opportunity Zones Can Aid Clean Energy Projects
The Qualified Opportunity Zone program, introduced in 2017 and reshaped in the One Big Beautiful Bill Act, offers investors federal tax incentives for development in low-income communities — incentives that are especially meaningful for clean energy projects, where capital-intensive infrastructure and long-term planning are essential, say attorneys at Dentons.
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Atkins-Led SEC Continues Focus On Private Funds
Since the change in administration, there has overall been a more accommodative regulatory stance toward private funds, but a recent enforcement action suggests that the U.S. Securities and Exchange Commission is not backing off from enforcement in the space completely, say attorneys at Simpson Thacher.
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Series
Writing Musicals Makes Me A Better Lawyer
My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.
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Series
Adapting To Private Practice: From Va. AUSA To Mid-Law
Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.