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Private Equity
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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.
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November 12, 2025
Former Twitter Exec Can't Pursue State Claims During Appeal
Twitter's former chief marketing officer can't move forward with the state law claims in her $20 million severance suit while the company asks the Ninth Circuit to kick the allegations to arbitration, a California federal judge ruled, rejecting her argument that the company's appeal is a waste of time.
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November 12, 2025
6 Firms Steer $1.8B Self-Driving Truck SPAC Merger
Swedish self-driving truck company Einride announced Wednesday it is planning to go public in the U.S. by merging with a special purpose acquisition company, in a $1.8 billion deal guided by six law firms.
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November 10, 2025
Law360 MVP Awards Go To Top Attorneys From 76 Firms
The attorneys chosen as Law360's 2025 MVPs have distinguished themselves from their peers by securing significant achievements in high-stakes litigation, complex global matters and record-breaking deals.
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November 10, 2025
Judge Wary Of Bid To Nix SVB Expert In $73M Coverage Row
A U.S. magistrate judge seemed skeptical of an insurer's bid to exclude a witness proffered as a policy expert on financial institution bonds, repeatedly asking Berkley Regional Insurance Co.'s counsel in a Monday hearing why the expert's experience — or lack thereof — should disqualify him.
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November 10, 2025
Tyson's $85M Deal Gets Initial OK In Pork Price-Fixing Case
A Minnesota federal judge has granted preliminary approval for an $85 million settlement resolving consumers' claims against Tyson Foods Inc. in antitrust litigation that accused pork producers of conspiring with a benchmarking company to inflate pork prices by limiting supply in the U.S. market.
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November 10, 2025
GTCR's $627M Medical Coatings Acquisition Can Get Moving
GTCR BC Holdings LLC can continue with its plan to acquire the nation's leading medical coatings supplier and merge it with the nation's second leading provider while federal regulators challenge the transaction in-house, an Illinois federal judge said Monday, refusing to halt the deal.
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November 10, 2025
Apollo Sports Capital Takes Majority Stake In Atlético Madrid
Apollo Sports Capital, guided by Allen Overy Shearman Sterling, said Monday it will acquire a majority stake in Spanish soccer club Atlético de Madrid, but did not disclose financial details.
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November 10, 2025
Kirkland Guides KKR'S $2.2B Novaria Sale To Arcline
Private equity giant KKR announced Monday plans to sell Texas-based aerospace component-supplier Novaria Group to Arcline Investment Management in an all-cash transaction valued at $2.2 billion, guided by Kirkland & Ellis LLP for KKR and Novaria, and Ropes & Gray LLP and Paul Hastings LLP for Tennessee-based Arcline.
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November 10, 2025
PE Firm Investindustrial Inks $2.9B Deal For TreeHouse Foods
Private equity firm Investindustrial has struck a deal to acquire food manufacturer TreeHouse Foods Inc. for $2.9 billion in an all-cash transaction that will take the company private, the two companies announced Monday.
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November 10, 2025
Catching Up With Delaware's Chancery Court
Delaware's top court issued a flurry of rulings last week and heard arguments on recently passed legislation that expanded liability shields for some corporate acts while the Court of Chancery passed on another round of arguments over control of Caribbean broadcaster Caribevision.
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November 10, 2025
Justices Won't Hear Serta Simmons Ch. 11 Plan Challenge
The U.S. Supreme Court declined Monday to take up a challenge by Serta Simmons lenders to a Fifth Circuit ruling last year that rejected the mattress maker's controversial "uptier" debt exchange, choosing not to consider whether the appellate court erred in altering Serta's Chapter 11 plan without allowing a new vote on it.
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November 10, 2025
Justices Won't Wade Into Jurisdiction Question In Fee Dispute
The U.S. Supreme Court on Monday opted against taking up a dispute over an $829,000 award in favor of a satellite technology company that tested how far federal court jurisdiction extends to state law causes of action.
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November 10, 2025
Blackstone Extends Deadline For Big Yellow Ahead Of Budget
Big Yellow said Monday it has granted Blackstone Inc. more time to make a takeover offer for the British self-storage company, as the private equity giant awaits the autumn Budget.
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November 10, 2025
Clifford Chance Steers Permira's £2.3B Bid For JTC
Fund administrator JTC PLC said Monday that it has backed a £2.3 billion ($3 billion) cash offer from British private equity shop Permira, as it becomes the latest London-listed company to be taken private.
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November 07, 2025
Telecom Co. Held In Contempt Over Docs In Tower Dispute
A New York federal judge found telecommunications tower company DT Holdings Inc. in contempt this week for failing to produce documents related to a Guatemalan court fight that resulted in the seizure of 163 towers worth more than $20 million.
Expert Analysis
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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.
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7 Document Review Concepts New Attorneys Need To Know
For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.
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Agentic AI Puts A New Twist On Attorney Ethics Obligations
As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.
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Sweeping US Tax And Spending Bill May Bolster PE Returns
The One Big Beautiful Bill Act stands to benefit private equity sponsors and their investors as it alters existing law, including at the portfolio company level, making it crucial to reevaluate historic tax planning and optimize for the new tax regime, say attorneys at Paul Hastings.
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Series
Being A Professional Wrestler Makes Me A Better Lawyer
Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.
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SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'
The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.
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Series
Law School's Missed Lessons: Adapting To The Age Of AI
Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.
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Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning
A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.
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What To Expect As Trump's 401(k) Order Materializes
Following the Trump administration’s recent executive order on 401(k) plan investments in alternative assets like cryptocurrencies and real estate, the U.S. Department of Labor and the U.S. Securities and Exchange Commission will need to answer several outstanding questions before any regulatory changes are implemented, say attorneys at Cleary.
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Demystifying The Civil Procedure Rules Amendment Process
Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.