Apollo Abandons $2B Approach For UK Heat Treatment Co.

By Irene Madongo

Private equity giant Apollo confirmed on Friday that it does not intend to make a firm offer for Bodycote in a potential deal that would value the U.K. industrial services company at more than $2 billion.

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3 Firms Guide TPG-Led Group's $2B Echo Realty Grocery Buy

By Al Barbarino

A global consortium led by TPG has agreed to purchase grocery-anchored Echo Realty in a transaction valued at about $2 billion, with plans to expand Echo's leasing and management business while growing acquisition initiatives, according to a Friday deal announcement. 

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Activist Warns SpaceX Investors Over Valuation, Governance

By Al Barbarino

SOC Investment Group is cautioning potential investors in SpaceX's upcoming initial public offering about perceived financial risks, saying it has an inflated valuation and issues over transparency and governance.

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More Skechers Investors Sue Over $9.4B Take-Private Deal

By Bonnie Eslinger

Additional investors have sued over Skechers' $9.4 billion take-private sale to private equity giant 3G Capital, with the latest complaint in Delaware Chancery Court alleging the company's founder and family used their majority voting power to push through an unfair deal.

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Analysis

Justices Signal Openness To Future SEC Disgorgement Cases

By Jessica Corso

The U.S. Securities and Exchange Commission's victory before the U.S. Supreme Court Thursday is likely to give the agency a leg up in settlement negotiations, but attorneys say that some defendants will continue to press judges to review the agency's disgorgement requests based on questions that the high court still hasn't answered.

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Don't Miss It: Hogan Lovells, Cooley Steer Hot Deals

By Jade Martinez-Pogue

A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals.

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Defense Tech Biz Valued At $2.2B After $200M Funding Round

By Jade Martinez-Pogue

Precision robotics company Allen Control Systems on Friday announced that it has reached a $2.2 billion post-money valuation after closing its latest funding round with $200 million in tow.

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Fla. Judge Tosses Nearly All Counts In PE Fund Dispute

By David Minsky

A Florida federal judge tossed most of the counts in a lawsuit brought by two men who alleged their former partner defrauded them in a private equity fund operation, saying the complaint contains repetitive claims and provides little information of wrongdoing. 

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Healthcare Analyst Charged In 'Wall-Crossing' Insider Case

By Pete Brush

A healthcare-sector securities analyst took in $350,000 by trading on insider information he received after being cleared to access company secrets in a process called "wall-crossing," federal prosecutors in Manhattan charged Friday.

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DLA Piper Adds Ex-ArentFox Schiff Gov't Contracts Lawyer

By Jack Rodgers

DLA Piper LLP has hired a former ArentFox Schiff LLP government contracts partner who throughout his career has advised on multimillion-dollar deals for corporate, private equity and other clients.

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King & Spalding Continues Funds Growth With Proskauer Duo

By Andrea Keckley

King & Spalding LLP announced Thursday that it has hired two former Proskauer Rose LLP attorneys, one of whom co-led their prior firm's global finance and corporate and fund finance teams.

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Banks Should Reassess Warehouse Lines Amid Credit Stress

Growing stress in private credit markets means banks with warehouse lines to nonbank lenders should inventory exposures, revisit covenants and prepare for tougher regulator scrutiny, as repayment strains and weakening fund liquidity could turn seemingly indirect risks into material compliance concerns, say attorneys at Barack Ferrazzano.

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How End Of SEC 'Gag Rule' Affects Free Speech Certiorari Bid

The Securities and Exchange Commission's recent rescission of the so-called gag rule, which forbade defendants in settlements from denying the SEC’s allegations, may sway the outcome of a petition to the Supreme Court in a case challenging the rule on First Amendment grounds, say attorneys at Troutman.

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Series

The Biz Court Digest: Shoring Up Corporate Law In Maryland

Launched more than 20 years ago to improve complex corporate adjudication, Maryland's Business and Technology Case Management Program has been a solid success in some areas, but there always is room for improvement, says Bill Krulak at Miles & Stockbridge.

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Legal Job Market Surges With Special Litigation, Gov't Work

By Tracey Read

The legal sector saw 1,200 more jobs in May after gaining 1,900 positions the month before, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics.

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Law360's Legal Lions Of The Week

By Kevin Penton

Winston Taylor leads this week's edition of Law360 Legal Lions, after the U.S. Supreme Court ended a patent suit over Hikma Pharmaceuticals USA Inc.'s generic version of a heart drug that uses a so-called skinny label.

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​​​​​​​Judge Seeks Discipline For DOJ Trans Care Subpoena Tactics

By Mark Payne

A Rhode Island federal judge on Friday referred Justice Department attorneys seeking gender-affirming care records from Rhode Island Hospital via a HIPAA subpoena to a court disciplinary committee for potential punishment after they allegedly misled the court. 

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Katten Is Latest Firm To Match Milbank Associate Pay Raise

By Kevin Penton

Katten Muchin Rosenman LLP has joined the growing list of firms that are largely matching a new pay scale for associates set earlier this week by Milbank LLP, with attorneys set to see annual pay increases of $10,000 to $20,000.

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Morgan & Morgan Explores Private Equity Investment Options

By Emma Cueto

The nation's largest personal injury firm, Morgan & Morgan, is exploring its options with regard to a potential private equity investment, with the firm saying Friday it is in the early stages of understanding what such an investment might mean and whether it is a good opportunity or "fool's gold."

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Bonus Spotlight

Dunn Isaacson Announces Bonuses Of Up To $25K

By Daniel Moritz-Rabson

Litigation boutique Dunn Isaacson Rhee LLP is the latest firm to announce midyear associate bonuses and is distributing payouts of between $10,000 and $25,000, according to an internal memo viewed by Law360.

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Leon Black Seeks $1.6M In Fees After Wigdor Sanction

By Ryan Boysen

Scandal-plagued financier Leon Black wants Wigdor LLP to pay $1.6 million as a sanction for lying to a New York federal judge while representing a woman who claims she was raped by Black at notorious accused sex trafficker Jeffrey Epstein's home.

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Analysis

Will WDTX Remain A Patent Fixture Without Albright?

By Dani Kass

Whether the Western District of Texas will continue drawing in hordes of patent cases after U.S. District Judge Alan Albright leaves this summer has attorneys torn, given that he's no longer the top patent judge in his district, let alone the country.

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Berkeley Dean Views 1952 Opinion As Executive Power Test

By Aaron Keller

Erwin Chemerinsky, dean of the University of California, Berkeley School of Law, has urged the courts to examine a lesser-known concurring opinion in a 1952 U.S. Supreme Court decision on a steel mill case when judging the modern limits of presidential power.

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First Democrat Returns A Blue Slip For Judicial Nominee

By Courtney Bublé

Sen. John Fetterman, D-Pa., is the first Democratic senator in the second Trump administration to return a blue slip for a judicial nominee.

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DLA Piper Urges 2nd Circ. To End 'Vexatious' Malpractice Suit

By Emily Sawicki

The Second Circuit should uphold the dismissal of a Chinese software company's legal malpractice suit and $635,000 in sanctions against it and its lawyers, DLA Piper has argued, citing previous favorable rulings in the matter by a federal magistrate judge, district court judge, state justice and five-judge panel of the New York state appeals court.

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ICE Atty's Bid To Ax Contempt Order Is 'Absurd,' Amicus Says

By Emily Sawicki

A court-appointed amicus curae has told the Eighth Circuit that a Minnesota federal judge was right to hold a government attorney in contempt after finding that U.S. Immigration and Customs Enforcement flouted a court order, leading to a detained man being released hundreds of miles from his home without legal identification.

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GrayRobinson Data Breach Suits Get Consolidated

By Adrian Cruz

A Florida magistrate judge has decided to consolidate three nearly identical suits accusing GrayRobinson PA of negligence following the revelation of a March 2025 data breach, simultaneously denying the plaintiffs' bid to have interim class counsel appointed.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Among the stories in corporate legal news you may have missed in the past week, investor advocates have questioned the legality of the SEC's plan to withdraw corporate climate disclosure regulations, and an insurance broker's report found claims made under policies for mergers and acquisitions have risen in frequency and severity.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen the U.K.'s oldest Indian restaurant launch an appeal against King Charles III's property company in an effort to stop its eviction, trustees of a bankrupt former EY tax partner file a claim against his wife, and 37 leading insurers bring a lawsuit against agrichemical company Syngenta over an insurance dispute. Here, Law360 looks at these and other new claims in the U.K.

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Titan Of The Plaintiffs Bar: Morgan & Morgan's John Yanchunis

By Matt Perez

John Yanchunis of Morgan & Morgan PA has been at the forefront of data privacy litigation for nearly three decades, but what stands out to his colleague Ryan McGee is not the litany of wins but the attorney's humility.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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