EQT Tables New £8.9B Offer For FTSE-Listed Intertek

By Tom Fish

Private equity group EQT said Tuesday it has raised its takeover bid for testing and inspection company Intertek to £58 ($78) per share in cash, intensifying pressure on the British company ahead of a looming regulatory deadline.

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Paul Weiss-Led Apollo Clinches $6.5B Hybrid Value Fund

By Jade Martinez-Pogue

Paul Weiss Rifkind Wharton & Garrison LLP-advised private equity giant Apollo on Tuesday revealed that it closed its third hybrid value fund after securing $6.5 billion in total commitments.

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Musk Sought Control Of OpenAI To Fund Mars City, Jury Told

By Dorothy Atkins

OpenAI President Greg Brockman defended OpenAI's for-profit conversion during a California federal jury trial Tuesday and accused Elon Musk of demanding "unilateral absolute control" over OpenAI to fund his plans for a city on Mars, while acknowledging under examination that Musk proposed his stake would "change quickly" with additional investors.

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3 Firms Steer Crypto Exchange Bullish's $4.2B Equiniti Buy

By Al Barbarino

Bullish said Tuesday it has agreed to acquire Equiniti in a $4.2 billion transaction steered by three law firms, as the institutional digital asset platform aims to create a global transfer agent for tokenized securities.

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BlackRock, State Street Push To Trim Red State AGs' Suit

By Katryna Perera

BlackRock and State Street have further urged a Texas federal judge to trim down antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that the chain from their investment activity to retail electricity prices "stretches through multiple intervening markets and countless nonparties."

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Ending Carried Interest Tax Break May Net $88B, Report Says

By Kevin Pinner

Ending the carried interest tax break could raise far more than previously estimated, nearly $88 billion in a decade, based on a new methodology put forward in a report by the Yale Budget Lab.

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SVB's $73M Fraud Losses Not Covered, Insurers Say

By Hope Patti

Two insurers said they owe no coverage for a fraudulent scheme that caused the failed Silicon Valley Bank to lose $73 million, telling a North Carolina federal court that the bank has not satisfied all requirements under its financial institution bonds' extended forgery coverage provision.

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Fugitive Trader's Wife Held In Contempt Amid $67M Fraud Suit

By Brian Steele

A Connecticut federal judge has held the wife of a fugitive Oak Management Corp. trader in contempt for trying to use her divorce case to take control of assets under the management of a receiver, who was appointed as part of a U.S. Securities and Exchange Commission civil suit.

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SEC Lifts NY Atty's Lifetime Practice Ban

By Katryna Perera

The U.S. Securities and Exchange Commission on Tuesday lifted a lifetime ban preventing a New York attorney from practicing before the agency, following an attempt to leverage a client's testimony before the SEC.

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Ex-CEO Gets 5 Years In Prison For $212.5M Fraud Case

By Carla Baranauckas

A New Jersey federal judge on Tuesday sentenced the former CEO of a now-defunct medical billing company to five years in prison, the statutory maximum penalty, for his role in a $212.5 million scheme to inflate the value of his company to defraud investors.

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Kirkland-Led Twin Bridge Closes 6th Fund With $855M In Tow

By Jade Martinez-Pogue

Kirkland & Ellis LLP-advised Twin Bridge Capital Partners on Tuesday announced it had closed its sixth lower middle market-focused fund, dubbed Pacific Street Fund VI LP, after securing $855 million in investor commitments — exceeding the private equity firm's initial $800 million target.

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Willkie Guides Bridge Growth's $790M Vehicle

By Grace Dixon

Bridge Growth Partners announced Tuesday that the investment firm raised CA$1.1 billion ($790 million) for a single-asset continuation vehicle under the guidance of Willkie Farr & Gallagher LLP, allowing it to extend its investment in artificial intelligence platform Solace.

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Duane Morris Integrates Gambling, Sports Industry Groups

By James Boyle

The growing popularity of betting in sports has prompted Duane Morris LLP to respond to the meshing of the two sectors by integrating its sports and gambling law groups.

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Proskauer Lands Globetrotting Private Funds Atty In LA

By Tracey Read

Proskauer Rose LLP announced Tuesday that it has brought on a former Allen Overy Shearman Sterling LLP partner in its private funds group in Los Angeles.

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Opinion

Financial Meltdown Fears Don't Warrant Private Credit Regs

Recent withdrawals from business development companies have resurfaced theories that private credit growth poses a crisis-level risk to the financial system, but arguments that more regulation is needed should be viewed with beady and careful eyes, says James Deeken at Akin.

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The 2026 Lawyer Satisfaction Survey: Make Your Voice Heard

How is your work-life balance? Are you content with your compensation and opportunities for advancement at work? Take the 2026 Law360 Lawyer Satisfaction Survey and share your thoughts.

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DOJ Atty Faces Possible Discipline Over DHS 'Lack Of Candor'

By Lauren Berg

A Rhode Island federal judge, whom the U.S. Department of Homeland Security criticized for releasing a noncitizen with an alleged overseas warrant for homicide, on Tuesday said she is referring an assistant U.S. attorney for disciplinary proceedings for not disclosing the warrant to her beforehand.

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Audio

Approach The Bench: Justice Bacon On School Accreditation

By Cara Bayles and Steven Trader

State high courts are responsible for regulating the legal profession in their jurisdictions, and so New Mexico Supreme Court Justice C. Shannon Bacon thinks it's only right that justices reevaluate the principles behind law school accreditation.

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Ga. Justices Sanction Asst. DA For AI Errors In Murder Case

By Lauren Berg

The Georgia Supreme Court on Tuesday sanctioned a Clayton County assistant district attorney for filing briefs that contained nonexistent case citations generated by artificial intelligence in a murder defendant's bid for a new trial, saying the prosecutor's misconduct has "sidetracked" the justices from delving into the merits of the appeal.

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Analysis

High Court Clarity On Subpoenas Creates Murky Path For AGs

By Carla Baranauckas

The U.S. Supreme Court's unanimous decision that the New Jersey Attorney General's Office infringed free speech by asking an anti-abortion nonprofit to release donor names gives nonprofits and companies more leverage for challenging subpoenas at the outset, although the question remains if and how attorneys general and other enforcers can ultimately obtain sought-after information following a constitutional affront.

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Brief

FCC Chair Carr Promotes 6 In Key Legal, Policy Roles

By Christopher Cole

The Federal Communications Commission's staff are playing musical chairs, and it means high-level promotions for a half-dozen legal aides of agency chief Brendan Carr.

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