EQT AB said Tuesday that it has raised $15.6 billion for a fund that will give investors in the Swedish private equity firm access to technology and healthcare companies in the Asia-Pacific region.
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WEDNESDAY, APRIL 22, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

EQT Raises $15.6B For Asia-Pacific Private Equity Fund

By Najiyya Budaly

EQT AB said Tuesday that it has raised $15.6 billion for a fund that will give investors in the Swedish private equity firm access to technology and healthcare companies in the Asia-Pacific region.

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HarbourVest Wraps 13th Fund With $2.4B In Tow

By Jade Martinez-Pogue

Boston-based private equity shop HarbourVest Partners, advised by Debevoise & Plimpton LLP, on Tuesday revealed that it closed its 13th U.S. flagship primary fund after securing $2.4 billion in total capital commitments.

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3 Firms Guide $1.2B Semiconductor Equipment SPAC Deal

By Al Barbarino

U.S.-based semiconductor materials company Forge Nano said Tuesday it has agreed to combine with blank check company Archimedes Tech SPAC Partners II Co. in a deal that values Forge Nano at $1.2 billion.

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Del. Supreme Court Upholds Ruling On Truth Social Shares

By Jessica Corso

The Delaware Supreme Court has affirmed a lower court ruling granting additional stock to the founding shareholder in the company that took President Donald Trump's Truth Social Media public, turning away a request from the shareholder for a second shot to prove it is owed even more shares.

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Latham, Loeb Guide AI Battery Co.'s $250M SPAC Merger

By Jade Martinez-Pogue

Electra Vehicles Inc., a provider of artificial intelligence-driven battery technology that is represented by Latham & Watkins LLP, outlined Tuesday its plans to go public by merging with a special purpose acquisition company advised by Loeb & Loeb LLP, in a deal valued at more than $250 million.

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LITIGATION

Armistice Capital Head Calls COVID Stock Rise 'Fun,' 'Lucky'

By Bonnie Eslinger

Armistice Capital's founder defended his hedge fund Tuesday from claims it pump-and-dumped $250 million in Vaxart stock during the COVID-19 pandemic, telling a California federal jury that he and his fund got "lucky" and that the stock's rapid surge was "fun."

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Buyer Sues PE Firm, Alleging Fraud In $26M Manufacturer Sale

By Jarek Rutz

A Michigan-based buyer has sued a private equity firm and two executives in Delaware's Court of Chancery, accusing them of orchestrating a yearslong scheme to inflate a manufacturing company's value and fraudulently induce a $26 million sale.

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Biotech Co. Investors Clash Over 'Self-Dealing' Claim

By Jarek Rutz

Attorneys for a biopharmaceutical and technology company stockholder and a group of venture investors sharply disagreed Tuesday over whether a financing deal was a lifeline for a struggling company or a self-serving maneuver that enriched insiders, as they argued a motion to dismiss the derivative suit in the Delaware Chancery Court.

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Jury Told Ex-Finance CEO Is The Fall Guy In $100M Fraud Case

By Stewart Bishop

Counsel for the founder of Beneficient on Tuesday told a Manhattan federal jury that the founder of the Dallas-based financial services firm did not defraud its onetime business partner GWG Holdings out of more than $100 million, saying a group of former insiders are trying to scapegoat the executive for GWG's downfall.

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EXPERT ANALYSIS

Evaluating Congressional Investigation Risk In Deal Diligence

Given the increasing frequency and sophistication of congressional investigations into corporate business practices, companies conducting transactional due diligence should add procedures to assess and mitigate the unique challenges and wide-ranging risks that can arise from Capitol Hill’s scrutiny, say attorneys at Covington.

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E-Discovery Quarterly: Recent Rulings On ESI Control

Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

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LEGAL INDUSTRY

Some Firms Break Lobbying Revenue Records Again

By Alison Knezevich

After raking in record-breaking federal lobbying revenue last year, several firms reported this week that they had their strongest quarter ever in the first three months of 2026, with practice leaders predicting another busy period ahead as midterms approach.

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Breyer Says 'Shadow Docket' Not A Top Court Power Grab

By Carolyn Muyskens

Retired U.S. Supreme Court Justice Stephen Breyer said Tuesday that the rise of the so-called shadow docket is a consequence of the post-COVID era and not a bid to usurp influence by the high court. 

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Sullivan & Cromwell Alerts SDNY To AI Errors In Ch. 15 Case

By Andrea Keckley

Sullivan & Cromwell LLP told a New York bankruptcy judge Saturday that an emergency motion it filed in Prince Global Holdings Ltd.'s Chapter 15 case contained several inaccurate citations and other errors, including what the firm described as artificial intelligence "hallucinations."

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Pillsbury Unlawfully Fired Pregnant Recruiter, Bias Suit Says

By Lauren Berg

The former Black female director for associate recruiting at Pillsbury Winthrop Shaw Pittman LLP says she was unlawfully fired just weeks after disclosing her high-risk pregnancy to her supervisor, according to her discrimination and retaliation lawsuit filed Tuesday in Tennessee federal court.

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WDTX Judge Albright Stepping Down At End Of Summer

By Dani Kass

U.S. District Judge Alan Albright is resigning after nearly eight years presiding over cases in the Western District of Texas, Law360 confirmed Tuesday.

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Ex-Wis. Judge Argues ICE Case Reversal Backs Her Acquittal

By Craig Clough

Former state Judge Hannah Dugan asked a Wisconsin federal judge Tuesday to reconsider an order not to overturn her felony obstruction conviction for directing a defendant in her courtroom away from immigration agents, arguing the Fourth Circuit recently reversed a decision the trial court repeatedly relied upon.

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Warsh Rejects Claim He'd Be Trump's 'Sock Puppet' At Fed

By Jon Hill

Federal Reserve chair nominee Kevin Warsh sought at his Tuesday confirmation hearing to rebut Democratic accusations that he would be a White House "sock puppet," distancing himself from President Donald Trump's calls for rate cuts and downplaying their significance.

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Copyright Head Touts 6,000 Registrations Of Human-AI Works

By Theresa Schliep

The U.S. Copyright Office has issued more than 6,000 registrations for works that incorporate artificial intelligence-generated materials and follow the agency's guidance for combined human-made and AI-created works, U.S. Copyright Office leader Shira Perlmutter said Tuesday.

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Promo that reads Law360 Pulse 2026 AI Survey

COMPANIES IN TODAY'S NEWS

23andMe Inc.

Abiomed Inc.

Allison Transmission Holdings Inc.

Amazon.com Inc.

American Federation of Labor & Congress of Industrial Organizations

American Postal Workers Union

Armistice Capital LLC

AstraZeneca PLC

Ayala Pharmaceuticals Inc.

BGR Government Affairs LLC

BTIG LLC

Ballard Partners Inc.

Bank of America Corp.

Bauer Inc.

BlackBerry Ltd.

Caterpillar Inc.

Cohen & Co. Ltd.

Cox Communications Inc.

EQT AB

EQT Corp.

Emergent BioSolutions Inc.

FCA US LLC

Fair Isaac Corporation

Ferrari SpA

Forge Nano Inc.

HarbourVest Partners LLC

Harvard University

Johnson & Johnson

Maquet GmbH

Merck & Co. Inc.

Meritor Inc.

NVIDIA Corp.

Nasdaq Inc.

Omnicom Group Inc.

Pfizer Inc.

Sony Music Entertainment Inc.

Space Exploration Technologies Corp.

Stellantis NV

The Interpublic Group of Cos. Inc.

The Kroger Co.

U.S. Chamber of Commerce

Vaxart Inc.

LAW FIRMS IN TODAY'S NEWS

Akin Gump

Bergeson LLP

Boies Schiller

Bracewell LLP

Brownstein Hyatt

Covington & Burling

DLA Piper

Debevoise & Plimpton

Dickinson Wright

Eversheds Sutherland

Fish & Richardson

Gimbel Reilly

Goodwin Procter

Gray Cary

Hagens Berman

Hogan Lovells

Holland & Knight

Just Food Law PLLC

K&L Gates

Kirkland & Ellis

Kobre & Kim

Latham & Watkins

Loeb & Loeb

Morgan Lewis

Paul Weiss

Pillsbury Winthrop

Potter Anderson

Quinn Emanuel

Richards Layton

Scott&Scott

Sidley Austin

Squire Patton

Strang Bradley

Sullivan & Cromwell

Willkie Farr

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Department of Corrections and Rehabilitation

Delaware Court of Chancery

Executive Office of the President

Federal Reserve System

Federal Trade Commission

Judicial Conference of the United States

National Aeronautics and Space Administration

National Labor Relations Board

Texas Attorney General's Office

U.S. Attorney's Office for the Eastern District of Wisconsin

U.S. Attorney's Office for the Southern District of New York

U.S. Bankruptcy Court for the Southern District of New York

U.S. Copyright Office

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Energy

U.S. Department of Health and Human Services

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of Tennessee

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Middle District of Tennessee

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of California

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Texas

U.S. House of Representatives

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin