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Private Equity
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July 07, 2025
2 SPACs Seek To Raise $210M Combined Amid Rebound
Two special purpose acquisition companies have filed plans for initial public offerings totaling $210 million, expanding a growing pipeline of new listings, led by Asia-focused Chenghe Acquisition's third vehicle and a new entrant to the SPAC market.
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July 07, 2025
3 Firms Advise On $9B CoreWeave Deal For Core Scientific
Davis Polk & Wardwell LLP and Kirkland & Ellis LLP are advising CoreWeave on a new agreement to acquire Wachtell Lipton Rosen & Katz-advised Core Scientific at an implied equity value of approximately $9 billion, the companies announced Monday.
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July 07, 2025
One Rock Closes Latest Funds With Combined $3.97B
Private equity shop One Rock Capital Partners announced Monday that it wrapped its two latest funds after securing a combined $3.97 billion of investor commitments.
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July 07, 2025
Aussie Miner Accepts Revised $150M Bid From UK Rival
U.K. miner Central Asia Metals said Monday that the board of Australian rival New World Resources Ltd. has accepted its sweetened bid of approximately 230 million Australian dollars ($150 million), ditching a competing offer from a Canadian private equity firm.
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July 03, 2025
4 Things To Watch At DOL In 2025's 2nd Half
Management-side attorneys are expecting a shakeup at the U.S. Department of Labor if President Donald Trump's pick to lead the agency's employee benefits arm wins Senate confirmation. Here, Law360 looks at four issues that employee benefits experts say they'll be monitoring at the DOL in the latter half of the year.
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July 03, 2025
Circuit-By-Circuit Recap: Justices Send Message To Outliers
It was a tough term at the U.S. Supreme Court for two very different circuits — one solidly liberal, one solidly conservative — that had their rulings overturned in eye-popping numbers. But it was another impressive year for a relatively moderate circuit that appears increasingly simpatico with the high court.
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July 03, 2025
The Moments That Shaped The Universal Injunction Case
The U.S. Supreme Court voted along ideological lines when it hindered the ability of federal district court judges to issue nationwide pauses on presidential policies, but that outcome didn't seem like a foregone conclusion during oral arguments earlier this year. What do the colloquies suggest about the justices' thinking? Here are some moments that may have swayed them.
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July 03, 2025
Thoma Bravo Buying Restaurant Platform Olo In $2B Deal
Software-focused private equity firm Thoma Bravo has agreed to purchase New York-based Olo Inc., a software-as-a-service platform for restaurants, in an all-cash transaction that gives Olo an approximately $2 billion equity value, the companies said Thursday.
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July 03, 2025
Simpson Thacher Adds Practice Heads In Leadership Shift
Simpson Thacher & Bartlett LLP has tapped a number of longtime partners for new leadership roles, adding new positions leading the firm's global private equity and asset management teams, also naming new co-heads of its investment funds practice and a new chair of funds and funds adjacencies.
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July 03, 2025
The Firms That Won Big At The Supreme Court
The number of law firms juggling three or more arguments before the U.S. Supreme Court this past term nearly doubled from the number of firms that could make that claim last term.
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July 03, 2025
Breaking Down The Vote: The High Court Term In Review
The U.S. Supreme Court once again waited until the term's closing weeks — and even hours — to issue some of its most anticipated and divided decisions.
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July 03, 2025
Cooley Leads AI-Focused Chipmaker Ambiq's $75M IPO Filing
Venture-backed chipmaker Ambiq Micro Inc. filed for a $75 million initial public offering Thursday, with Cooley LLP advising it and Davis Polk & Wardwell LLP representing the underwriters, marking the latest artificial intelligence-related startup to pursue an IPO.
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July 03, 2025
McGuireWoods-Advised Saothair Closes $300M 2nd Fund
McGuireWoods LLP-advised Saothair Capital Partners LLC on Thursday announced that it wrapped its sophomore fund after securing $300 million in investor commitments.
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July 03, 2025
Citgo, Castrol Field Billion-Dollar Bids, And More Deal Rumors
Vitol submitted a more than $10 billion bid to buy the parent of Venezuela-owned U.S. refiner Citgo Petroleum, according to Wednesday reports, but subsequent news indicated that it might not be enough to beat out the competition. Castrol, which is BP's lubricant arm, is also running an auction process, with private equity firm Clayton Dubilier & Rice reportedly emerging as one of the latest bidders.
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July 03, 2025
Capital Markets Upturn Sets Stage For Second-Half Rebound
Deals attorneys are approaching the second half of 2025 increasingly confident that capital markets' activity will accelerate despite potential headwinds stemming from higher tariffs, interest rate uncertainties and geopolitical turmoil.
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July 03, 2025
Brookfield Business Partners Sells Stake To Evergreen Fund
Brookfield Business Partners, the flagship listed vehicle of Brookfield Asset Management, on Thursday announced that it has agreed to sell a portion of its stake in three businesses to a new evergreen private equity strategy managed by the group.
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July 03, 2025
Mid-Year M&A Deal Flow Suffers Amid Global Instability
More than six months into a new Donald Trump administration, the mergers and acquisitions boom that many market observers anticipated has failed to materialize. In part one of this two-part M&A review, industry attorneys discussed market activity so far this year, how geopolitical factors are impacting the dealmaking environment, and their outlook for the remainder of 2025.
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July 03, 2025
Investor EQT To Acquire Stake In Life Sciences Products Biz
Swedish investor EQT Group said Thursday that its healthcare business has agreed to acquire a majority stake in life sciences research company Europa Biosite.
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July 02, 2025
EQV Ventures' Upsized IPO Tops 4 Listings Totaling $830M
Energy-focused special purpose acquisition company EQV Ventures Acquisition Corp. II began trading Wednesday after pricing an upsized $420 million initial public offering, in the largest of four SPAC IPOs totaling $830 million.
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July 02, 2025
SEC Staff Shares Disclosure Guidance For Crypto ETPs
The U.S. Securities and Exchange Commission staff is providing more insight on its expectations around disclosures for novel crypto exchange-traded products, urging issuers to share risks specific to the product and use plain language over technical jargon to explain the business.
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July 02, 2025
CoastalSouth Bank Raises $44M In Downsized IPO At Low End
CoastalSouth Bancshares Inc. began trading Wednesday after the South Carolina- and Georgia-focused bank priced a downsized $44 million initial public offering at the bottom of its range, represented by Alston & Bird LLP and underwriters' counsel Troutman Pepper Locke LLP.
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July 02, 2025
Colombian Consumer Lender's Ch. 11 Converted To Ch. 7
A New York bankruptcy judge on Wednesday approved the conversion of the Chapter 11 case of Colombian consumer lending giant Credivalores-Crediservicios to a Chapter 7 liquidation, following requests from the Office of the U.S. Trustee and an ad hoc group of noteholders.
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July 02, 2025
Atkins Says SEC Is Taking A Fresh Look At SPAC Regulations
U.S. Securities and Exchange Commission Chair Paul Atkins said Wednesday that regulators are reviewing recently beefed-up rules governing special-purpose acquisition companies as part of a broader policy of increasing public listings.
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July 02, 2025
Latham Guides Odyssey On $1.3B Applied Technical Exit
Latham & Watkins LLP-advised private equity firm Odyssey Investment Partners has agreed to sell Applied Technical Services Inc. to Swiss testing and inspection giant SGS SA for about $1.33 billion, the firms said Wednesday.
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July 02, 2025
SpaceX Investor Wins $1 After Suing Over $50M Deal Scratch
A China-tied company that sued a California-based private equity firm for walking back a purported agreement to make a $50 million investment in SpaceX in November 2021 has won a single dollar in damages after a three-year, multiclaim Delaware Court of Chancery suit and trial.
Expert Analysis
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How Attorneys Can Become Change Agents For Racial Equity
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.
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Series
Running Marathons Makes Me A Better Lawyer
After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.
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Series
Law School's Missed Lessons: Supporting A Trial Team
While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.
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Recent Complex Global Deals Reveal Regulatory Trends
An analysis of six complex global deals that were completed or abandoned in the last year suggests that, while such deals continue to face significant and lengthy scrutiny across the U.S, U.K. and European Union, the path to closing may have eased slightly compared to recent years, say attorneys at Weil.
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SEC Staff Input Eases Path For Broker-Dealer Crypto Activities
Recent guidance from U.S. Securities and Exchange Commission staff on broker-dealer and transfer agent crypto-asset activities suggests a more constructive regulatory posture on permissibility and application of financial responsibility rules, bringing welcome clarity for blockchain market participants and traditional financial institutions alike, say attorneys at Sidley.
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Series
Adapting To Private Practice: From US Attorney To BigLaw
When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.
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Opportunity Zone Revamp Could Improve The Program
If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.
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At 'SEC Speaks,' Leaders Frame New Views
At the Practising Law Institute's recent SEC Speaks conference, U.S. Securities and Exchange Commission leadership highlighted the agency's significant priority changes, including in enforcement, crypto and artificial intelligence, say attorneys at Perkins Coie.
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The Ins And Outs Of Consensual Judicial References
As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.
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Opinion
The BigLaw Settlements Are About Risk, Not Profit
The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.
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Series
Brazilian Jiujitsu Makes Me A Better Lawyer
Competing in Brazilian jiujitsu – often against opponents who are much larger and younger than me – has allowed me to develop a handful of useful skills that foster the resilience and adaptability necessary for a successful legal career, says Tina Dorr of Barnes & Thornburg.
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Opportunities And Challenges For The Texas Stock Exchange
While the new Texas Stock Exchange could be an interesting alternative to the NYSE and the Nasdaq due to the state’s robust economy and the TXSE’s high-profile leadership and publicity opportunities for listings, its success as a national securities exchange may hinge on resolving questions about its regulatory and cost advantages, say attorneys at Norton Rose.
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Review Risk Is Increasing For Foreign Real Estate Developers
Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.
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Series
Power To The Paralegals: An Untapped Source For Biz Roles
Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.
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Series
Playing Poker Makes Me A Better Lawyer
Poker is a master class in psychology, risk management and strategic thinking, and I’m a better attorney because it has taught me to read my opponents, adapt when I’m dealt the unexpected and stay patient until I'm ready to reveal my hand, says Casey Kingsley at McCreadyLaw.