Private Equity

  • February 19, 2026

    5th Circ. Pauses Order Scrapping FTC Merger Filing Overhaul

    The Fifth Circuit on Thursday granted the Federal Trade Commission's emergency motion to pause a Texas federal judge's ruling that threw out the agency's overhaul of premerger reporting requirements.

  • February 19, 2026

    Target Ends Chicken Price-Fixing Claims Against Tyson

    Target Corp. and Tyson Foods Inc. told an Illinois federal judge Thursday that they have reached an agreement to resolve the retailer's claims accusing the food company of conspiring with other poultry producers to fix broiler chicken prices.

  • February 19, 2026

    Investment Firm Denied CNA Defense From Competitor

    A CNA Financial Corp. unit has no duty to defend an investment firm from suits alleging it stole a competitor's employees and solicited its investors, a Connecticut federal judge said Thursday, ruling any claims that would have triggered that duty predated the policy period.

  • February 19, 2026

    Steve Young's PE Firm Closes Fund With $3.2B Raised

    HGGC LLC, a middle-market private equity firm co-founded by Pro Football Hall of Famer Steve Young, has closed its fifth fund after raising $3.2 billion, which surpassed its $2.5 billion fundraising target, the firm announced Thursday.

  • February 19, 2026

    Nunes Ordered To Finish Deposition In Trump Media Suit

    A Florida state judge ordered Trump Media CEO Devin Nunes to complete a deposition in the Truth Social operator's lawsuit against investors, ruling during a hearing Thursday that the former congressman must answer questions relating to the company's allegations that the process of going public was botched.

  • February 19, 2026

    Energy Startup Targets Binance, Banks In Loan Fraud Claims 

    Connecticut-based clean energy startup Palm Energy Systems LLC has filed a racketeering lawsuit against cryptocurrency exchange Binance Holdings Ltd., its once-imprisoned former CEO Changpeng Zhao and two banks, alleging they either enabled or failed to stop a cash and Bitcoin financing fraud scheme that drained $400,000 from its accounts.

  • February 19, 2026

    Fund Formation Group Of The Year: Simpson Thacher

    Simpson Thacher & Bartlett LLP attorneys continued this past year to steer some of the biggest fundraises, including $22 billion in capital commitments for Blackstone's inaugural evergreen institutional U.S. direct lending fund, earning the firm a spot among the 2025 Law360 Fund Formation Groups of the Year.

  • February 19, 2026

    Former Solo Practitioner Joins Goodwin's Funds Team

    A former solo practitioner focused on the formation and life cycle management of private investment funds and related vehicles has joined Goodwin Procter LLP in New York, the firm announced Wednesday.

  • February 19, 2026

    Funko To Pay $5.4M To Settle Del. Stockholder Suit

    Toy company Funko Inc. and a class of its public stockholders have agreed to a $5.4 million settlement to resolve Delaware Chancery Court litigation accusing the company's private equity sponsors and top executives of exploiting its Up-C structure to siphon value from Class A shareholders.

  • February 19, 2026

    Activists Elliott, Jana Make Latest Moves, And Other Rumors

    The past week may have been light on mega-merger rumors, but a slate of activist investor moves showed that the ingredients for future dealmaking may be quietly coming together.

  • February 19, 2026

    FBT Gibbons Adds Shackelford McKinley PE Pro In Texas

    FBT Gibbons LLP has boosted its corporate law practice in Houston and expanded its private equity offerings with a partner in Houston who came aboard from Shackelford McKinley & Norton LLP.

  • February 18, 2026

    Judge Rejects FTC's Emergency Bid To Spare Merger Rule

    The Federal Trade Commission has just until Thursday to obtain Fifth Circuit intervention after a Texas federal judge refused Wednesday to extend his seven-day pause on the order scrapping the agency's premerger reporting overhaul.

  • February 18, 2026

    Telecom Joint Venture To Pay $2.7B For UK Fiber Company

    Private equity firm InfraVia Capital Partners and European telecommunications companies Telefónica and Liberty Global will use their Nexfibre joint venture to pay $2.7 billion for Substantial Group, which is the "second-largest alternative fiber provider" in the United Kingdom, the acquiring companies announced Wednesday.

  • February 18, 2026

    Latham-Led Guardian Capital Closes $441M Fund

    Latham & Watkins LLP guided Guardian Capital Partners in the final closing of its oversubscribed fourth private investment vehicle after it generated $441 million in total capital commitments, the company said in a Wednesday announcement.  

  • February 18, 2026

    Fund Formation Group Of The Year: Kirkland

    Kirkland & Ellis LLP guided several high-profile global investment funds as they sought to raise billions of dollars in capital last year, including a $16 billion distressed debt fund for Oaktree Capital and $34.4 billion in commitments for the Thoma Bravo Fund, earning the firm a spot as one of the 2025 Law360 Fund Formation Groups of the Year.

  • February 18, 2026

    Former SEC Deputy Director Joins Paul Weiss

    Paul Weiss Rifkind Wharton & Garrison LLP announced on Wednesday that it has hired a former federal prosecutor who recently stepped down as deputy director of enforcement at the U.S. Securities and Exchange Commission.

  • February 18, 2026

    5 Firms Shape Kennedy Wilson's $1.65B Take-Private Deal

    Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal advised by five law firms.

  • February 18, 2026

    3 Firms Advise On $3.1B Mister Car Wash Take-Private Deal

    Private equity firm Leonard Green & Partners LP has agreed to purchase all outstanding Mister Car Wash Inc. shares not owned by Leonard Green affiliates at a $3.1 billion enterprise value, the car wash brand announced Wednesday.

  • February 17, 2026

    Dismissal Of FTC Merger Rule Shows Nothing 'Broken' To 'Fix'

    Some antitrust practitioners see vindication in last week's Texas federal court decision throwing out the Federal Trade Commission's premerger reporting overhaul, saying it gives credence to arguments that U.S. antitrust enforcers were trying to plug holes in merger review where there were none.

  • February 17, 2026

    Educator Unions Call For SEC Probe Of Apollo's Epstein Ties

    The American Federation of Teachers and American Association of University Professors on Tuesday urged the U.S. Securities and Exchange Commission to investigate statements made by Apollo Global Management concerning the private equity firm's alleged ties to convicted sex offender Jeffrey Epstein.

  • February 17, 2026

    Wash. Bank Ignored Ponzi Scheme Warnings, Investors Say

    Investors have urged a Washington federal judge not to toss their suit accusing Columbia Bank of keeping a real estate investment firm's $230 million Ponzi scheme afloat by maintaining the enterprise's accounts even when evidence of fraud surfaced, arguing there is ample factual evidence showing that the bank knew about the scheme and assisted in it.

  • February 17, 2026

    Kirkland, Wachtell Lipton Steer Xerox $450M Venture With TPG

    Xerox, represented by Kirkland & Ellis LLP, announced Tuesday that it has created an intellectual property licensing joint venture with global alternative asset management firm TPG, advised by Wachtell Lipton Rosen & Katz, to strengthen the workplace technology company's balance sheet.

  • February 17, 2026

    Catching Up With Delaware's Chancery Court

    Cryptocurrency and artificial intelligence disputes continued their slow weave into Delaware Court of Chancery and state Supreme Court dockets last week, with jurists and litigants grappling over how — or if — the courts' old-school equity jurisdiction and fiduciary duty hooks apply to new kinds of deals.

  • February 17, 2026

    McGuireWoods Adds Sidley Private Equity Pro In Los Angeles

    McGuireWoods LLP is expanding its transactional team, announcing Tuesday that it is bringing in a Sidley Austin LLP private equity expert as a partner in its Los Angeles office.

  • February 17, 2026

    4 Firms Guide Cos.' $1.9B PacifiCorp Assets Buy

    Portland General Electric Company and Manulife Investment Management have paid $1.9 billion to obtain electrical provider PacifiCorp's Washington state assets in a cash deal guided by Latham & Watkins LLP, Baker Botts LLP, Simpson Thacher & Bartlett LLP and Gibson Dunn & Crutcher LLP.

Expert Analysis

  • Series

    My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

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    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Assessing New Changes To Texas Officer Exculpation Law

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    Consistent with Texas' recent modernization of its corporate law, the recently passed S.B. 2411 allows officer exculpation, streamlines certificate of formation amendments, authorizes representatives to act on shareholders' behalf in mergers and makes other changes aimed toward companies seeking a more codified, statutory model of corporate governance, say attorneys at Bracewell.

  • Is SEC Moving Away From Parallel Insider Trading Cases?

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    The U.S. Securities and Exchange Commission's apparent lack of follow-up in four recent criminal cases of insider trading brought by the Justice Department suggests the SEC may be reconsidering the expense and effort of bringing parallel civil charges for insider trading, say attorneys at Dentons.

  • Series

    Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Series

    Adapting To Private Practice: From US Rep. To Boutique Firm

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    My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.

  • Opinion

    Senate's 41% Litigation Finance Tax Would Hurt Legal System

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    The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.

  • Series

    Performing As A Clown Makes Me A Better Lawyer

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    To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.

  • 9th Circ. Ruling Is Turning Point For Private Funds In 401(k)s

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    The Ninth Circuit's decision in Anderson v. Intel reinforces that the Employee Retirement Income Security Act's duty of prudence permits fiduciaries to use private market assets in diversified funds, yet it also exposes the persistent litigation and regulatory uncertainties that continue to temper wider adoption in 401(k) plans, say attorneys at Debevoise.

  • A Guide To Permanent Capital Vehicles As Access Widens

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    Recent regulatory and legislative actions are making it easier for retail investors to access permanent capital vehicles like closed-end, interval, tender offer and open-end funds, which each offer distinct advantages that are important to review, say attorneys at Mayer Brown.

  • The CFTC Is Shaking Up Sports Betting's Legal Future

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    The sports betting industry faces a potential sea change amid recent state and federal actions across the regulatory landscape that have expanded access to sporting event contracts against the backdrop of waning Commodity Futures Trading Commission opposition, says Nick Covek at Foley & Lardner.

  • Series

    Law School's Missed Lessons: Rejecting Biz Dev Myths

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    Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.

  • Del. Dispatch: General Partner Discretion In Valuing Incentives

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    In Walker v. FRP Investors, the Delaware Court of Chancery recently held that the general partner of a limited partnership breached its obligations when determining the threshold value of newly issued incentive units, highlighting the court's willingness to reconstruct what a reasonable determination of value by a general partner should have been, say attorneys at Fried Frank.

  • Move Beyond Surface-Level Edits To Master Legal Writing

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    Recent instances in which attorneys filed briefs containing artificial intelligence hallucinations offer a stark reminder that effective revision isn’t just about superficial details like grammar — it requires attorneys to critically engage with their writing and analyze their rhetorical choices, says Ivy Grey at WordRake.

  • How Ore. Law Puts New Confines On Corp. Health Ownership

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    A newly enacted law in Oregon strengthens the state’s restrictions on corporate ownership of healthcare practices, with new limitations on overlapping control, permissible services, restrictive covenants and more making it necessary for practices to review decades-old physician practice arrangements, say attorneys at Ropes & Gray.

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