Private Equity

  • May 29, 2026

    Anthropic's Valuation Soars To $965B, Surpassing OpenAI

    Artificial intelligence giant Anthropic has hit a post-money valuation of $965 billion after securing $65 billion of investor commitments in its massive Series H funding round, officially surpassing the valuation of its rival OpenAI.

  • May 29, 2026

    Taxation With Representation: Latham, White & Case, Vischer

    In this week's Taxation With Representation, Fertitta Entertainment acquires Caesars Entertainment, Eli Lilly and Co. buys three companies involved in vaccine development, and nuclear energy company Newcleo Ltd. says it plans to go public by merging with a special purpose acquisition company, NewHold Investment Corp. III.

  • May 29, 2026

    Skadden-Led IFF Selling Ingredients Biz To CVC For $4.3B

    Skadden Arps Slate Meagher & Flom LLP is advising food and fragrance company IFF on an agreement to sell its food ingredients business to White & Case LLP-advised CVC Capital Partners, valuing the unit at about $4.3 billion, according to a Friday announcement. 

  • May 29, 2026

    REIT Take-Privates Pick Up As Valuation Gaps Persist

    Real estate investment trust take-private activity is showing signs of momentum after a relatively subdued period, as private capital and real estate investors increasingly converge around valuation gaps between public markets and underlying asset values.

  • May 29, 2026

    Latham Advises CoStar On $800M Zonda Acquisition

    CoStar Group plans to acquire housing market data and software company Zonda for $800 million in cash from private equity firm MidOcean Partners, with Latham & Watkins LLP and Gibson Dunn & Crutcher LLP advising, according to deal announcements Friday.

  • May 28, 2026

    Lawmakers Raise Alarm Over PE-Backed DOD Contractors

    Three Democratic lawmakers wrote to Secretary of Defense Pete Hegseth expressing concern over the Pentagon's growing reliance on private equity-backed defense contractors, which they said could pose risks to taxpayers and national security.

  • May 28, 2026

    McDermott-Led Ampersand Clinches $1.5B Fund

    Healthcare-focused private equity firm Ampersand Capital Partners, advised by McDermott Will & Schulte, on Thursday revealed that it closed its latest fund with $1.5 billion.

  • May 28, 2026

    Chancery Tosses Insider Financing Suit Against Ayala Brass

    The Delaware Chancery Court has dismissed a stockholder derivative suit against several venture capital investors and directors of biotechnology company Ayala Pharmaceuticals Inc., ruling that the plaintiff failed to show the board could not independently evaluate litigation over a disputed 2023 financing deal.

  • May 28, 2026

    Stoneshield Wraps €1.5B Opportunities Fund

    European investment firm Stoneshield Capital on Thursday revealed that it closed its fourth opportunities fund after securing €1.5 billion ($1.75 billion) in total capital commitments.

  • May 28, 2026

    European Legal AI Startup Nu:legal Raises €1.3M

    Legal artificial intelligence startup nu:legal has raised €1.3 million ($1.5 million) to develop software that mixes the capabilities of a chatbot with attorney oversight, beginning in the employment law and data privacy fields.

  • May 28, 2026

    HVAC Biz Valued At $10B After Apollo Backing, More Rumors

    Private equity giant Apollo took a stake in home services company Apex Service Partners to value it at $10 billion, chipmaker Groq Inc. is hoping to raise $650 million to launch a new company focused on artificial intelligence "neoclouds," and semiconductor company Qualcomm inked a supply deal with TikTok owner ByteDance. Here, Law360 breaks down the notable deal rumors from the past week.

  • May 28, 2026

    3 Firms Guide Rental Property Software Co. Entrata's IPO Plan

    Rental property management software company Entrata filed for an initial public offering with advice from Wilson Sonsini Goodrich & Rosati PC, Latham & Watkins LLP and Ropes & Gray LLP, saying its revenue grew 23% in the first three months of 2026 compared to the same period last year.

  • May 27, 2026

    Focused Energy Wraps $240M Series A Funding Round

    German American laser fusion company Focused Energy on Wednesday announced that it raised $240 million in its Series A financing round, a feat that the company says marks the "largest" fully secured Series A financing in the global fusion industry.

  • May 27, 2026

    6 Firms Build DigitalBridge's $1.05B ArcLight Buy

    Digital infrastructure-focused asset manager DigitalBridge Group Inc. on May 27 announced plans to acquire power and electric infrastructure-focused investor ArcLight Capital Partners in a $1.05 billion deal built by six law firms.

  • May 27, 2026

    3 Firms Steer Battery-Maker ProLogium's $3.8B SPAC Merger

    Taiwanese solid-state battery-maker ProLogium Holding Inc. said Wednesday it has agreed to go public through a SPAC merger with New York-based Translational Development Acquisition Corp., in a deal valuing ProLogium at approximately $3.8 billion on a pre-money, net cash-free basis.

  • May 27, 2026

    M&A Lawyer Joins Wilson Sonsini In NY From Weil

    A career Weil Gotshal & Manges LLP attorney has moved to Wilson Sonsini Goodrich & Rosati as a mergers and acquisitions partner in New York, the latter firm announced Wednesday.

  • May 27, 2026

    3 Firms Guide Nuclear Power Startup's $2.4B SPAC Merger

    Nuclear energy company Newcleo Ltd. on Wednesday unveiled plans to go public by merging with special purpose acquisition company NewHold Investment Corp. III in a deal that values Newcleo at a pre-money equity value of roughly $2.4 billion and was built by three law firms.

  • May 26, 2026

    Bridge Stockholders Say They Were Stiffed In Apollo Deal

    A group of Bridge Investment Group Holdings Inc. investors has filed a proposed class action against a handful of the company's executives and directors, claiming that the firm's stock-for-stock merger with Apollo Global Management Inc. led to big gains for Bridge's controlling stockholders that weren't shared with public, minority stockholders.

  • May 26, 2026

    Kirkland, Davis Polk Lead Defense Contractor's $634M IPO

    Government contractor Applied Aerospace & Defense unveiled a targeted $634 million initial public offering steered by Kirkland & Ellis LLP and Davis Polk & Wardwell LLP, with 32.5 million shares priced between $18 and $21, according to a Tuesday statement.

  • May 26, 2026

    4th Circ. Shuts Down Suit Against PE Firm Over Plant Closure

    The Fourth Circuit refused Tuesday to reopen a proposed class action claiming a private equity firm violated federal laws by abruptly shutting down a manufacturing plant, ruling decades-old U.S. Supreme Court precedent barred the former workers from suing simply to collect on a judgment against the manufacturer.

  • May 26, 2026

    SEC's Atkins Floats Loosening IPO Communication Rules

    U.S. Securities and Exchange Commission Chairman Paul Atkins said Tuesday evening that the agency is in the process of writing rules aimed at encouraging more companies to go public, including by potentially relaxing prohibitions on communication between prospective public companies and investors.

  • May 26, 2026

    Catching Up With Delaware's Chancery Court

    The Delaware Chancery Court this past week handled a broad mix of cross-border corporate control disputes, merger settlements, startup equity fights, advancement claims and board oversight litigation, while also weighing fallout from high-profile deals involving Microsoft Corp., The Boeing Co. and Nikola Corp.

  • May 26, 2026

    Fla. Judge Quashes Lutnick Subpoena In Trump Media Fight

    A Florida state judge quashed a subpoena to U.S. Commerce Secretary Howard Lutnick in a dispute over taking President Donald Trump's Truth Social platform public, finding Tuesday that Lutnick was not properly served the subpoena at his part-time Florida residence.

  • May 26, 2026

    Latham, Milbank Guide Data Center Power Co.'s $2B IPO Pitch

    Gas engine maker Innio is seeking a valuation of up to $20.3 billion in an initial public offering guided by Latham & Watkins LLP and Milbank LLP that's set to price amid interest in companies supporting the infrastructure for artificial intelligence technology.

  • May 26, 2026

    Honeywell's Quantinuum Launches Plans For $1B IPO

    Quantum computer developer Quantinuum on Tuesday unveiled plans for an estimated $1 billion initial public offering led by Latham & Watkins LLP and Davis Polk & Wardwell LLP.

Expert Analysis

  • SDNY Atty Signals Return To Private Fund Valuation Scrutiny

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    Recent remarks by the U.S. Attorney for the Southern District of New York — hinting that regulators are renewing their focus on private fund advisers who overvalue portfolio assets to drive up investor fees — should prompt firms to review their valuation methodologies and address potential conflicts of interest now, say attorneys at Debevoise.

  • Series

    The Law Firm Merger Diaries: Forming Measurable Ties

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    Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.

  • 5 E-Discovery Predictions For 2026 And Beyond

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    2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.

  • Series

    Judges On AI: How Courts Can Boost Access To Justice

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    Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.

  • Opinion

    The Case For Emulating, Not Dividing, The Ninth Circuit

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    Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.

  • Series

    Muay Thai Makes Me A Better Lawyer

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    Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • Chancery Exec Noncompete Ruling Offers PE Buyer Lessons

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    In Derge v. D&H United Fueling Solutions, the Delaware Court of Chancery sided with a private equity-backed portfolio company by enforcing a noncompete against an executive, providing private equity buyers with a checklist of factors for an enforceable noncompete in the sale-of-business context, says Danielle Asaad at Squire Patton.

  • Expect A New Normal In Commercial Real Estate This Year

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    Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.

  • Food Industry Braces For MAHA And Other Challenges In 2026

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    After the Make America Healthy Again movement kept the U.S. Food and Drug Administration under pressure in 2025, actions in the food safety space are likely to continue this year, including updated Supplemental Nutrition Assistance Program dietary guidelines and processed food definitions, say attorneys at Wiley.

  • Top 5 Antitrust Issues For In-House Counsel To Watch In 2026

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    With Trump administration enforcement policy having largely taken shape last year, antitrust issues that in-house counsel should have on the radar range from scrutiny of technology-assisted pricing to the return of merger remedies, say attorneys at Squire Patton.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • How Fractional GCs Can Manage Risks Of Engagement

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    As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.

  • SEC Rulemaking Radar: A Reset, A Shift And A Preview Of '26

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    With major proposals withdrawn and new priorities emerging, forthcoming U.S. Securities and Exchange Commission proposals in 2026 will look to reshape how digital assets are regulated, recalibrate market structure and simplify how small companies go public, says Christopher Grobbel at Goodwin.

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