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Private Equity
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November 25, 2025
Katten Adds Private Credit Pro From Winston & Strawn
Katten Muchin Rosenman LLP has added a former Winston & Strawn LLP attorney to bolster its private credit practice and capacity to advise clients about various types of financing.
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November 25, 2025
Cannabis Co. Says $1.5M Default In Contract Dispute Is Void
A cannabis company is urging a Los Angeles state court to set aside a $1.5 million default judgment against it in a contract dispute, saying the judgment goes far beyond what's allowable under state law.
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November 25, 2025
Del. Supreme Court Backs FloSports In Records Fight
A fight among siblings over access to corporate records ended with the Delaware Supreme Court affirming that three stockholders of sports streaming platform FloSports Inc. failed to follow the procedural steps required under the Delaware General Corporation Law.
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November 24, 2025
Phoenix Suns Minority Owners Lob Mismanagement Claims
Minority owners of the NBA's Phoenix Suns on Monday filed counterclaims of mismanagement and misconduct in a Delaware Chancery Court suit brought by majority owner Mat Ishbia, alleging he has "decimated the company's finances" since purchasing the team in 2023 while refusing to disclose the terms of significant transactions.
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November 24, 2025
Digital-Focused SWB To Go Public Via $8.1B SPAC Merger
Financial services firm SWB announced Monday that it plans to go public through an $8.1 billion business combination deal shepherded by teams at Sichenzia Ross Ference Carmel LLP and Ellenoff Grossman & Schole LLP, which will lay the foundation for the firm's plans to issue a stablecoin and launch a novel international bank.
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November 24, 2025
FTC Abandons In-House GTCR Merger Case After Court Loss
The Federal Trade Commission formally dropped its administrative case challenging GTCR BC Holdings LLC's acquisition of a medical coatings supplier after an Illinois federal judge refused to put the deal on hold.
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November 24, 2025
Fried Frank Atty To Lead Fund Finance At Gibson Dunn
Gibson Dunn & Crutcher LLP announced Monday that it has tapped a former Fried Frank Harris Shriver & Jacobson LLP attorney to serve as head of fund finance, calling him "a market leader in structuring and executing complex rated note feeder and collateralized fund obligation transactions."
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November 24, 2025
X-energy Raises $700M To Expand Nuclear Reactor Projects
Nuclear reactor maker X-energy Reactor Company LLC, advised by Latham & Watkins LLP, on Monday revealed that it wrapped its latest funding round after receiving $700 million from investors.
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November 24, 2025
8th Circ. Won't Force Judge's Recusal In Pork Price-Fixing Case
The Eighth Circuit has denied a mandamus petition from Agri Stats Inc. and major pork producers who are seeking a Minnesota federal judge's recusal in price-fixing litigation based on a law clerk's previous work on a related case.
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November 24, 2025
Smith Ventures, CommerceOne Buy Fintech Biz In $1.1B Deal
Fintech company Green Dot Corp. on Monday announced that it has agreed to be bought by Smith Ventures and CommerceOne Financial Corp. in deals that total $1.1 billion and were built by three law firms.
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November 24, 2025
Revolut Clinches $75B Valuation In Latest Share Sale
International digital bank Revolut said Monday that it has reached a valuation of $75 billion after completing a share sale which involved investors including U.S. firm Coatue Management LLC and chips behemoth Nvidia.
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November 24, 2025
Justices Won't Hear Dispute Over So-Called Ch. 11 Double Dip
The U.S. Supreme Court on Monday said it will not hear arguments on whether a Texas bankruptcy judge allowed unsecured creditors to double-dip on their recoveries when he handed them control of bankrupt oil driller Sanchez Energy.
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November 21, 2025
Escrow Agent Accused Of $4.6M 'Insider Payoff' In NC Sale
Stewart Title Guaranty Co. facilitated the unauthorized sale of a financially struggling luxury apartment complex and then handed a $4.6 million "insider" payout to one of the operating owners, according to a lawsuit by a real estate investment trust that claims it was cut out of the decision process.
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November 21, 2025
DLA Piper Adds Fenwick Emerging Growth, VC Expert In LA
DLA Piper is boosting its corporate team, bringing in a Fenwick & West LLP venture capital ace as a partner in its Los Angeles office.
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November 21, 2025
MVP: Simpson Thacher's Mark Myott
Mark Myott, a partner in Simpson Thacher & Bartlett LLP's mergers and acquisition practice, guided private equity clients through some of the most high-profile deals this past year, including Silver Lake's $13 billion take-private acquisition of the global sports and entertainment company Endeavor, earning him a spot as one of the 2025 Law360 Private Equity MVPs.
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November 21, 2025
Conn. Banking Chief Says Private School Fraud Topped $5.1M
Putnam Science Academy, a private high school in Northeastern Connecticut, owes an additional investor money in what is alleged to have been an affinity fraud scheme that topped $5.1 million, according to an amended order by the state banking commissioner.
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November 21, 2025
BNY Mellon Cleared By Jury Of Unjust Enrichment Claim
A New York federal jury has cleared Bank of New York Mellon of allegations of unjust enrichment from a contractor who claimed his investment valuation model had been misappropriated.
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November 21, 2025
SPAC Veterans Back Infinite Eagle's Filing For $300M IPO
Infinite Eagle Acquisition, the 10th blank check company led by Jeff Sagansky and Harry Sloan, has filed plans to raise up to $300 million in its initial public offering.
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November 21, 2025
Hall Chadwick SPAC Begins Trading After $180M IPO
Special purpose acquisition company Hall Chadwick Acquisition Corp. made its public debut on the Nasdaq on Friday after raising $180 million in its initial public offering built by three law firms, joining a wave of special purpose acquisition companies to go public in recent weeks.
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November 21, 2025
Taft Adds Ex-Perkins PE Atty To Growing Chicago Office
Taft Stettinius & Hollister LLP announced Wednesday that its fast-growing Chicago office has gained a former Perkins Coie LLP attorney who represents private equity funds, portfolio companies and family-owned enterprises.
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November 21, 2025
Sidley, Skadden Aid $2.3B Sale Of Medical Imaging Biz
Private equity firm Hg said Friday that it has agreed to sell medical imaging software company Intelerad to GE Healthcare for $2.3 billion deal as it seeks to enhance its cloud-enabled and artificial intelligence capabilities.
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November 20, 2025
X Corp. Ends $90M Fee Suit Against Wachtell
X Corp. has ended its California state lawsuit against Wachtell Lipton Rosen & Katz over $90 million in legal fees tied to the fight over Elon Musk's purchase of Twitter, according to a court filing.
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November 20, 2025
SEC's Uyeda Says ERISA Needs Litigation Reform To Curb Suits
U.S. Securities and Exchange Commission member Mark Uyeda called for litigation reform Thursday aimed at stopping lawsuits filed under the Employee Retirement Income Security Act that he said discourage retirement plan fiduciaries from investing in the private markets.
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November 20, 2025
Big Beer, Bots And Billion-Dollar Bids Top Week's Rumors
Private equity dealmaking and artificial intelligence investment continued to generate a steady flow of market chatter this past week, as reports pointed to fresh fundraising efforts, potential take-private bids, and early-stage talks across the technology, energy and consumer sectors.
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November 20, 2025
Chancery Says $33M Nikola Deal 'More Than Fair'
Delaware Chancellor Kathaleen St. J. McCormick granted final approval Thursday to a pair of settlements totaling more than $33 million, including more than $1.8 million in fees and expenses, resolving years of shareholder litigation tied to Nikola Corp.'s fraud-shadowed SPAC merger.
Expert Analysis
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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Digital Asset Treasury Trend Signals Wider Crypto Embrace
While digital asset treasuries are not new for U.S. public companies, the recent velocity of capital deployment in such investments has been notable, signaling a transformation in corporate treasury management that blurs the lines between traditional finance and the broader crypto ecosystem, say attorneys at DLA Piper.
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Series
The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Adapting To Calif.'s Enhanced Regulation Of PE In Healthcare
New California legislation enhances oversight on the role of private equity groups and hedge funds in healthcare transactions, featuring both a highly targeted nature and vague language that will require organizations to carefully evaluate existing practices, says Andrew Demetriou at Husch Blackwell.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.
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FTC Focus: M&A Approvals A Year After Trump's Election
The Federal Trade Commission merger-enforcement regime a year since President Donald Trump's election shows how merger approvals have been expedited by the triaging out of more deals, grants for early termination of the Hart-Scott-Rodino waiting period, and zeroing in on preparing solutions for the biggest problems, say attorneys at Proskauer.
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Questions To Ask Your Client When Fraud Taints Financing
As elevated risk levels yield fertile conditions for fraud in financing transactions, asking corporate clients the right investigative questions can help create an action plan, bring parties together and help clients successfully survive any scam, says Mark Kirsons at Morgan Lewis.
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Series
Mindfulness Meditation Makes Me A Better Lawyer
Mindful meditation enables me to drop the ego, and in helping me to keep sight of what’s important, permits me to learn from the other side and become a reliable counselor, says Roy Wyman at Bass Berry.
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AI Litigation Tools Can Enhance Case Assessment, Strategy
Civil litigators can use artificial intelligence tools to strengthen case assessment and aid in early strategy development, as long as they address the risks and ethical considerations that accompany these uses, say attorneys at Barnes & Thornburg.
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
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When Atty Ethics Violations Give Rise To Causes Of Action
Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.
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A Shift To Semiannual Reporting May Reshape Litigation Risk
While the U.S. Securities and Exchange Commission's proposed change from quarterly to semiannual reporting may reduce the volume of formal filings, it wouldn't reduce litigation risk, instead shifting it into less predictable terrain — where informal disclosures, timing ambiguities and broader materiality debates will dominate, says Pavithra Kumar at Advanced Analytical Consulting Group.
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TikTok Divestiture Deal Revolves Around IP Considerations
The divestiture deal between the U.S. and China to resolve a security dispute over TikTok's U.S. operations is seen as a diplomatic breakthrough, but its success hinges on the treatment of intellectual property and may set a precedent in the global contest over digital sovereignty and IP control, say attorneys at Brownstein Hyatt.
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Series
Practicing Stoicism Makes Me A Better Lawyer
Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.
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Series
The Biz Court Digest: Texas, One Year In
A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.