Private Equity

  • April 09, 2025

    Assura Backs KKR's £1.6B Takeover Offer, Rejects PHP

    The board of property manager Assura said Wednesday that it has backed a £1.6 billion ($2 billion) takeover offer from two U.S. private equity firms, rejecting a lower £1.5 billion bid from a British real estate investment trust.

  • April 08, 2025

    Ex-Google Engineer Unlikely To Beat AI Trade Secrets Charges

    A California federal judge indicated Tuesday that he's unlikely to toss economic espionage charges against an ex-Google engineer accused of stealing artificial intelligence trade secrets to benefit startups in China, but said he "can't shake the feeling" that prosecutors wouldn't have brought the case if it involved a different country.

  • April 08, 2025

    SEC's Uyeda Urges Review Of Federal-State Oversight Splits

    The acting chairman of the U.S. Securities and Exchange Commission on Tuesday called for a reevaluation of the threshold that divides federal and state oversight of investment advisers, saying he wants to better conserve SEC and taxpayer resources by focusing on the largest advisers.

  • April 08, 2025

    German Pharma Giant Stada Pauses IPO As Volatility Endures

    Private equity-backed German pharmaceutical company Stada is halting its initial public offering amid market volatility, joining several U.S. companies that are pausing plans while they assess the fallout from President Donald Trump's tariff policy.

  • April 08, 2025

    Barings Snags Aircraft Portfolio Valued At Over $200M

    Investment manager Barings on Tuesday announced that it has agreed to buy an aircraft portfolio valued at more than $200 million through its capital solutions platform.

  • April 08, 2025

    DLA Piper Adds Wilson Sonsini Corporate Ace In LA

    A veteran corporate attorney experienced in the life sciences and technology industries has jumped from Wilson Sonsini Goodrich & Rosati PC to DLA Piper.

  • April 08, 2025

    Cravath Private Equity Co-Leader Joins Sidley In New York

    Sidley Austin LLP announced Tuesday that the former co-head of Cravath Swaine & Moore LLP's private equity group is the latest addition to its growing mergers and acquisitions and private equity bench.

  • April 08, 2025

    Sidley Austin Expands M&A Group, Hires Ex-Milbank Partner

    Sidley Austin LLP announced Monday another addition to its mergers and acquisitions practice in New York, hiring a former Milbank LLP attorney as a partner.

  • April 08, 2025

    Sidley-Led Excelsior Wraps 2nd Energy Fund With $1B In Tow

    Sidley Austin LLP-advised Excelsior Energy Capital on Tuesday announced it had clinched its second energy investment fund after securing just over $1 billion from investors.

  • April 08, 2025

    PureTech Health Rejects PE Firm's Approach

    PureTech Health PLC has confirmed it was in talks with Kirkland-led private equity firm Nordic Capital Epsilon about a possible takeover of the pharmaceutical company by acquiring all its shares for cash, which it has rejected.

  • April 07, 2025

    Verizon, State Street Say Pension Annuity Suit Claims Fall Flat

    Verizon Communications and its independent fiduciary State Street urged a New York federal judge to toss a proposed class action from Verizon retirees who challenged the conversion of their federally regulated pension benefits into annuity insurance contracts, arguing the allegations lacked standing and failed to state a claim.

  • April 07, 2025

    Trump Reopens Security Review Of US Steel-Nippon Deal

    President Donald Trump on Monday ordered a fresh national security review of Nippon Steel's proposed $14.9 billion takeover of U.S. Steel, reviving a deal blocked by his predecessor and giving the companies some of the relief they sought in court.

  • April 07, 2025

    Pair Of Blank Check IPOs Raising $411M To Pursue Mergers

    Two separate special purpose acquisition companies, New Providence Acquisition III and Twelve Seas Investment III, on Monday unveiled plans to raise a combined $411 million in their initial public offerings.

  • April 07, 2025

    Monthly Merger Review Snapshot

    The Federal Trade Commission sued to block GTCR BC's planned purchase of a medical device coatings company, the Justice Department's antitrust case against Live Nation survived a dismissal bid and a New York state court found a ski mountain deal hurt competition. Here, Law360 looks at the major merger review developments from March.

  • April 07, 2025

    Nelson Mullins Team Joins Duane Morris In DC, Atlanta, Miami

    Duane Morris LLP announced Monday that it is expanding its corporate practice by bringing in a team of five Nelson Mullins Riley & Scarborough LLP transactional attorneys — including two partners — in its Washington, D.C., Atlanta and Miami locations.

  • April 07, 2025

    Goldberg Segalla Adds Hospitality, Retail Atty In Palm Beach

    Litigation firm Goldberg Segalla LLP said it has added retail and hospitality attorney Jason R. Hepperly to its office in West Palm Beach, Florida.

  • April 07, 2025

    Ex-Goodwin RE Atty Leaves Retirement For Reed Smith

    Reed Smith LLP announced Monday that a longtime private equity real estate lawyer has come out of retirement to join the firm in California after working most recently for Goodwin Procter LLP.

  • April 07, 2025

    3 Firms Lead $5.7B Stonepeak, Woodside Louisiana Gas Deal

    Norton Rose Fulbright-advised Woodside Energy Group said Monday it has agreed to sell a 40% stake in its Louisiana LNG liquefied natural gas production and export terminal to U.S. investment firm Stonepeak for $5.7 billion.

  • April 07, 2025

    Gibson Dunn-Led Andros Clinches 3rd Energy Fund At $1B

    Gibson Dunn & Crutcher LLP-led Andros Capital Partners LLC said Monday that it closed its third fund at its hard cap after securing $1 billion of investor commitments.

  • April 04, 2025

    IPO Plans Appear Iced As Trump's Tariffs Rock Markets

    The escalating sell-off in equities is halting major initial public offerings for now and more prospects will likely pause plans as deals lawyers and their clients assess the fallout following President Donald Trump's endorsement of across-the-board tariffs, experts say.

  • April 04, 2025

    OpenAI And Musk Get 2026 Trial Date, Likely Sans Microsoft

    A California federal judge on Friday nailed down an expedited March 2026 trial schedule for Elon Musk and OpenAI's contract fight over OpenAI's transition into a for-profit enterprise, while staying antitrust claims indefinitely and calling Microsoft's request to participate in the trial if she dismisses Musk's claims against it "not logical."

  • April 04, 2025

    Chancery Trims Claims, Limits Ruling On Focus Financial Suit

    Delaware's chancellor has heavily pruned but refused to entirely dismiss a stockholder suit challenging the $7 billion August 2023 go-private merger between Focus Financial Partners Inc. and Clayton Dubilier & Rice LLC and Stone Point Capital, with remnants held over for summary judgment.

  • April 04, 2025

    Counting Down 2025 Q1's 5 Largest PE Funds

    The largest private equity funds that closed during the first quarter of the year showcased a steady fundraising environment despite widespread uncertainty plaguing the overall dealmaking landscape in the wake of President Donald Trump's sweeping tariff actions.

  • April 04, 2025

    Masimo Shareholder Vote Suit Against Founder Moved To Calif.

    A New York federal judge has transferred to California Masimo Corp.'s suit against its founder over allegations he manipulated a shareholder vote at the medical technology company, finding that the "locus of operative facts" warrants the move.

  • April 04, 2025

    Kirkland-Led Blackstone Plugs CA$7B Into Rogers

    Canadian communications company Rogers Communications Inc. on Friday announced that a group of investors led by private equity giant Blackstone, guided by Kirkland & Ellis LLP, have plugged 7 billion Canadian dollars ($4.9 billion) into the business.

Expert Analysis

  • Series

    Home Canning Makes Me A Better Lawyer

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    Making my own pickles and jams requires seeing a process through from start to finish, as does representing clients from the start of a dispute at the Patent Trial and Appeal Board through any appeals to the Federal Circuit, says attorney Kevin McNish.

  • Avoiding Merger Disputes Via Careful LLC Agreement Drafting

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    The Delaware Court of Chancery recently upheld a merger in a dispute over the process of amending the target's limited liability company agreement, underscoring the importance of understanding the Delaware LLC Act default rules and careful drafting to allow for contractual modifications, says Jane Trueper at Lathrop.

  • Opinion

    FDIC's Foray Into Index Fund Rules Risks Regulatory Chaos

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    A proposed Federal Deposit Insurance Corp. rule concerning control over passive index fund investments in banks is outside the agency's remit, clashes with an existing Federal Reserve process and would inhibit competition in the index fund sector, says J.W. Verret at George Mason University.

  • Use The Right Kind Of Feedback To Help Gen Z Attorneys

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    Generation Z associates bring unique perspectives and expectations to the workplace, so it’s imperative that supervising attorneys adapt their feedback approach in order to help young lawyers learn and grow — which is good for law firms, too, says Rachael Bosch at Fringe Professional Development.

  • Opinion

    Congress Can And Must Enact A Supreme Court Ethics Code

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    As public confidence in the U.S. Supreme Court dips to historic lows following reports raising conflict of interest concerns, Congress must exercise its constitutional power to enact a mandatory and enforceable code of ethics for the high court, says Muhammad Faridi, president of the New York City Bar Association.

  • Series

    The Pop Culture Docket: Justice Lebovits On Gilbert And Sullivan

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    Characters in the 19th century comic operas of Gilbert and Sullivan break the rules of good lawyering by shamelessly throwing responsible critical thought to the wind, providing hilarious lessons for lawyers and judges on how to avoid a surfeit of traps and tribulations, say acting New York Supreme Court Justice Gerald Lebovits and law student Tara Scown.

  • HSR Amendments Intensify Merger Filing Burdens, Data Risk

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    The antitrust agencies' long-awaited changes to premerger notification rules under the Hart-Scott-Rodino Act stand to significantly increase the time and cost involved in preparing an initial HSR notification, and will require more proactive attention to data issues, says Andrew Szwez at FTI Technology.

  • State Of The States' AI Legal Ethics Landscape

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    Over the past year, several state bar associations, as well as the American Bar Association, have released guidance on the ethical use of artificial intelligence in legal practice, all of which share overarching themes and some nuanced differences, say Eric Pacifici and Kevin Henderson at SMB Law Group.

  • Making Sure Your Co. Isn't In The Next Section 13(f) Sweep

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    Enforcement actions taken against 11 institutional investment managers for alleged failures to file forms required by Section 13(f) of the Securities Exchange Act serve as a reminder that firms should carefully monitor their obligations to avoid becoming the target of the next enforcement sweep, say attorneys at Ropes & Gray.

  • 8 Childhood Lessons That Can Help You Be A Better Attorney

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    A new school year is underway, marking a fitting time for attorneys to reflect on some fundamental life lessons from early childhood that offer a framework for problems that no legal textbook can solve, say Chris Gismondi and Chris Campbell at DLA Piper.

  • Opinion

    This Election, We Need To Talk About Court Process

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    In recent decades, the U.S. Supreme Court has markedly transformed judicial processes — from summary judgment standards to notice pleadings — which has, in turn, affected individuals’ substantive rights, and we need to consider how the upcoming presidential election may continue this pattern, says Reuben Guttman at Guttman Buschner.

  • Series

    Playing Diplomacy Makes Us Better Lawyers

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    Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — are neither concise nor without ambiguity, and weekly gameplay with our colleagues has revealed the game's practical applications to our work as attorneys, say Jason Osborn and Ben Bevilacqua at Winston & Strawn.

  • Mental Health First Aid: A Brief Primer For Attorneys

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    Amid a growing body of research finding that attorneys face higher rates of mental illness than the general population, firms should consider setting up mental health first aid training programs to help lawyers assess mental health challenges in their colleagues and intervene with compassion, say psychologists Shawn Healy and Tracey Meyers.

  • 8 Issues AI Firms May Encounter As M&A Action Accelerates

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    As the AI merger climate heats up, potential complications may arise, including antitrust scrutiny, talent retention agreements, and aggressive and protective deal terms intended to compensate for lofty valuations, say Scott Schwartz and Kishan Barot at Manatt.

  • Series

    Collecting Art Makes Me A Better Lawyer

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    The therapeutic aspects of appreciating and collecting art improve my legal practice by enhancing my observation skills, empathy, creativity and cultural awareness, says attorney Michael McCready.

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