Blackstone-backed data center builder Rowan Digital Infrastructure said Thursday that it secured $1.5 billion in total financing to support its development work in transactions advised by Simpson Thacher & Bartlett LLP, Dechert LLP, Kirkland & Ellis LLP and Milbank LLP.
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TOP NEWS

4 Firms Steer Rowan's $1.5B Deal For Data Center Pipeline

By Nate Beck

Blackstone-backed data center builder Rowan Digital Infrastructure said Thursday that it secured $1.5 billion in total financing to support its development work in transactions advised by Simpson Thacher & Bartlett LLP, Dechert LLP, Kirkland & Ellis LLP and Milbank LLP.

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Gibson Dunn Gains 120 Funds Lawyers From Weil

By Andrea Keckley

A team of 120 private funds attorneys from Weil Gotshal & Manges LLP, including 23 partners, is joining Gibson Dunn & Crutcher in New York, London and Washington, D.C., as their predecessor firm prepares to close its doors, according to an announcement on Thursday.

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Former CFTC Commissioner Among Trump's Picks For SEC

By Hailey Konnath

President Donald Trump on Thursday unveiled his picks for the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission, notably nominating former CFTC Commissioner Kristin Johnson for a Democratic seat on the SEC.

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Defense Tech UForce Valued At $6B After $700M Funding

By Jade Martinez-Pogue

Defense technology firm UForce on Thursday revealed it reached a $6 billion valuation after closing its Series A funding round with $700 million in tow.

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DEALS & FINANCING

Deals Rumor Mill

Fox Aims To Raise $8B For Roku Buy, Plus More Rumors

By Jade Martinez-Pogue

Media giant Fox is looking to raise around $8 billion to help fund its Roku acquisition, iHeartMedia has dispelled rumors it was considering selling its podcasting unit, and British oil giant BP is in talks to sell a portion of its Brazilian oil block assets.

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LITIGATION

Mich. AG Targets Ferry Operator Over Ferry, Parking Monopoly

By Melanie Dorsey

Michigan Attorney General Dana Nessel sued the Hoffmann Family of Cos. on Thursday, accusing the private equity firm of illegally monopolizing passenger ferry service to Mackinac Island and nearby parking facilities through acquisitions that eliminated competition, drove up prices and left residents and visitors dependent on a single operator.

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PEOPLE

Paul Weiss Hires S&C Duo For New Silicon Valley Office

By Bonnie Eslinger

Paul Weiss Rifkind Wharton & Garrison has launched a new office in Silicon Valley and its first two partners are Nader Mousavi and Mark Schenkel, prominent corporate dealmakers from rival Sullivan & Cromwell, according to a person familiar with the expansion.

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McGuireWoods Taps Financial Pro From Northern Trust Arm

By Andrea Keckley

McGuireWoods LLP announced Thursday that it has hired a chartered financial analyst from 50 South Capital Advisors LLC, the alternative-investments arm of Northern Trust, to help the firm develop its strategic private markets platform.

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EXPERT ANALYSIS

SEC's History Undercuts Its 'Back To Basics' Rationale

The current U.S. Securities and Exchange Commission's enforcement recalibration prioritizing fraud over technical violations has led to a drastic decline in enforcement activity, but the philosophy deviates from decades of enforcement that has always promoted compliance with its prophylactic requirements, says Gerald Hodgkins at Covington.

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LEGAL INDUSTRY

Are You Happy With Your In-House Role? Take Our Survey

Is your company giving you everything you need to succeed? What are some misconceptions about working in-house? Help Law360 Pulse answer these questions and more in this year's In-House Satisfaction Survey.

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Crowell & Moring Finance Litigation Head Joins Norton Rose

By Andrea Keckley

Norton Rose Fulbright has welcomed the New York-based head of financial services litigation at Crowell & Moring LLP as a partner, saying his hire will bolster its services to corporations, financial institutions and private capital clients.

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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 Olympic gold medalist Daley Thompson target gym chain Hybrid Fitness for an alleged breach of contract, investor claims continue to mount against building materials giant Kingspan, and real estate magnate Mike Kohan be sued by property lender Decama Finance.

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Longtime DC Steptoe Partner Joins Potomac Law Group

By Jack Rodgers

An attorney who spent more than 28 years as of counsel for Steptoe LLP's complex commercial litigation team has moved to Potomac Law Group's office in Washington, D.C., the firm announced Friday.

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Memories Of Weil: From Childbirth To The Lehman Bankruptcy

By Aebra Coe

Those who worked within the walls of Weil Gotshal & Manges LLP over its 95-year history have built up countless personal and professional memories. Here, six former attorneys and staff share some of their top memories.

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Analysis

How AI Became The 'Backseat Driver' In Settlement Talks

By Chris Villani

Attorneys say the ubiquitous use of artificial intelligence by clients has put up barriers to resolving cases by giving litigants unrealistic expectations about their claims, introducing inaccurate or irrelevant case law, and making them second-guess their hired legal counsel more often.

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Hall Booth Beats Appeal Over Failed DQ Bid In Med Mal Suit

By George Woolston

A New Jersey appellate panel rejected a bid to disqualify Hall Booth Smith PC from representing a hospital and healthcare company in a medical malpractice suit, finding that the firm's prior representation of another defendant in the case is not materially adverse to the interests of its current clients.

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Law360's Legal Lions Of The Week

By Kevin Penton

DLA Piper and Bradley Arant Boult Cummings LLP lead this week's edition of Law360 Legal Lions, after a Massachusetts federal judge said she would reduce an $88 million verdict awarded to an Alabama couple in the first bellwether hernia mesh trial against Medtronic subsidiary Covidien LP.

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Kasowitz Denies Columbia Students' Deal Overcharge Claims

By Adrian Cruz

Kasowitz LLP asked a New York state judge Friday to dismiss a suit by a group of Columbia University students accusing it of wrongfully taking more than $6 million from a 2025 settlement in a suit over alleged antisemitism on campus, calling the complaint a "publicity stunt" that fails to prove the firm engaged in malpractice.

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Beltway Moves: Weil, Dechert, WilmerHale

By Alison Knezevich

Washington, D.C., attorneys from Weil Gotshal & Manges LLP continued to land new roles in some of the most recent legal industry hiring developments in the nation's capital.

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Judge Says Email, Not Bias, Cost Public Defender His Job

By Kelcey Caulder

A federal magistrate judge recommended that the Georgia Public Defender Council be freed from an attorney's suit alleging he was fired for complaining about racial bias and then hit with a retaliatory bar complaint, finding that an email he sent to his colleagues was what actually led to his termination.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

The top story of the week – the spy and romance thriller at AI chipmaker Nvidia – continues to unfold in layers, as the company hired Wachtell Lipton to probe its involvement in possible national security violations, saw its CEO resign in disgrace, tried to defend its general counsel's intervening in a related China inquiry, was pulled into congressional investigations, and faced an investor's lawsuit over the mess.

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Western Va.'s Top Federal Prosecutor Latest To Face DQ Bid

By Jack Karp

The lawyer leading the U.S. Attorney's Office for the Western District of Virginia is the latest top federal prosecutor to have the legality of their appointment challenged in court, as a defendant in a gun case claims the office's leader was placed through a series of "machinations," "games" and "cynical measures."

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ABA Council Backs Law School Course, Faculty Rule Changes

By Emma Cueto

The American Bar Association council that handles law school accreditation voted Friday to relax standards related to online course credits and courses taught by full-time faculty, requirements that critics have claimed contributed to higher tuition rates.

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Fox Rothschild Fights Revival Of Malicious Prosecution Suit

By Rose Krebs

Fox Rothschild LLP is urging a New Jersey state court to deny an adult daycare company's bid to undo the toss of its malicious prosecution suit against the firm and one of its attorneys, saying the court didn't err in dismissing the complaint.

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Mich. State Police Chief Can't Shake Ex-Aide's Distress Claim

By Melanie Dorsey

A Michigan State Police director must face an emotional distress claim brought by his former executive assistant, a state Court of Claims judge has determined, finding that she sufficiently alleged Col. James Grady threatened her with a baseless internal investigation unless she accepted a demotion reducing her hourly pay by $8.

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How Nonprofits Are Adjusting To A New Pro Bono Landscape

By Alison Knezevich

Legal advocacy groups face a changed pro bono landscape during Trump's second administration. With some large firms avoiding cases against the federal government, nonprofit leaders say they are developing volunteer networks, relying on smaller shops and solo practitioners, and leaning more on their own staff attorneys to carry the pro bono load. 

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AI Played Key Role In Miami Boat Crash Acquittal, Atty Says

By Carolina Bolado

Artificial intelligence tools played a key role from jury selection to closing statements in a recent high-profile criminal trial over a boat crash that killed one teenager and left another permanently disabled, the defense attorney who secured a not guilty verdict said Friday during a panel discussion in Miami on AI in litigation.

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Mich. Tribal, State Courts Both Aim To Tackle Legal Deserts

By Susan Smiley

The newly named co-chairs of the Michigan Tribal State Federal Judicial Forum, Judge Carol Montavon Bealor and Judge Hannah Bobee, agree their respective court systems share one crisis: a lack of attorneys in rural areas.

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Balancing The Scales: Trans Prisoner Care, Immunity In Mich.

By Orlando Lorenzo

The U.S. Supreme Court has allowed gender transition medical services to continue to be offered in federal prisons, and the Sixth Circuit ruled that prison officials in Michigan can't claim immunity from allegations that they knew of mold contamination that led to seizures and respiratory issues among incarcerated women.

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Arizona Law Clinic Takes Legal Aid For Veterans On The Road

By Marco Poggio

Law students and their supervising attorneys drive hours from Tucson to bring free legal help to veterans in rural Arizona. On the Hopi Reservation, the University of Arizona's Veterans' Advocacy Law Clinic works with tribal partners to help veterans file disability claims and seek discharge upgrades that could open the door to benefits.

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Raskin Seeks Judiciary Gavel, High Court Ethics Curbs

By Courtney Bublé

In making his bid to be elected House Judiciary chair, Rep. Jamie Raskin, D-Md., on Friday said ethics reforms for the U.S. Supreme Court are among his top priorities.

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Goodwin Taps Simpson Thacher For Insider Trading Fight

By Chris Villani

Goodwin Procter LLP has hired Simpson Thacher & Bartlett LLP to represent it as an alleged victim of an insider trading scheme that Massachusetts federal prosecutors say was orchestrated by a former Goodwin associate, according to a Friday filing seeking to oppose the attorney's request for records in redacted filings.

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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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Dark blue promo that reads 2026 MVPs Dark blue promo that reads 2026 Regional Powerhouses

COMPANIES IN TODAY'S NEWS

Acima Credit LLC

Allianz Global Corporate & Specialty SE

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

Ameris Bancorp

Amica Center for Immigrant Rights

Anthropic PBC

Apache Inc.

Ashford Hospitality Trust, Inc.

Bank of America Corp.

BriefCatch

Broadcom Inc.

Brookfield Asset Management Ltd.

Citigroup Inc.

Cloudflare Inc.

CoreWeave

Covidien PLC

DSV A/S

Davies Group Ltd.

Democracy Forward Foundation

Elara Caring Inc.

Federation Internationale de Football Association

Ferrari SpA

Fox Corp.

Gay & Lesbian Advocates & Defenders

General Mills Inc.

Google LLC

Huntington Bancshares Inc.

Instagram Inc.

Judicial Watch Inc.

Kekst CNC

Kingspan Group PLC

Lehman Brothers Holdings Inc.

Lila Sciences

LinkedIn Corp.

Litasco SA

MS Amlin PLC

Massachusetts Institute of Technology

McDonald's Corp.

Mediterranean Shipping Co. SA

Medtronic PLC

Meta Platforms Inc.

Michigan State University

Microsoft Corp.

Mizuho Bank Ltd.

Mizuho Financial Group Inc.

Moelis & Co.

Murgitroyd Group PLC

NEC Corp.

NVIDIA Corp.

National Collegiate Athletic Association

New England Biolabs Inc.

New York Stock Exchange LLC

Northern Trust Corp.

OpenAI OpCo LLC

Pacira BioSciences Inc.

Petrobras

Philip Morris International Inc.

Prime Healthcare Services Inc.

Public Citizen Inc.

Qatalyst Partners LP

Ralphs Grocery Co.

Roku Inc.

Salesforce.com Inc.

Skydance Media LLC

SoftBank Group Corp.

Space Exploration Technologies Corp.

Stanford University

Sumitomo Mitsui Financial Group Inc.

Texas Civil Rights Project

The Football Association Ltd.

The Goldman Sachs Group Inc.

The Goodyear Tire & Rubber Co.

TikTok Inc.

Trafigura Group Pte. Ltd.

Twitter Inc.

UBS Group AG

University of Miami

Valor Equity Partners LLC

Verily Life Sciences LLC

Vision33 Inc.

WPP Media Ltd.

Warner Bros. Discovery Inc.

Yang Ming Marine Transport Corp.

iHeartMedia Inc.

LAW FIRMS IN TODAY'S NEWS

Advantage Solicitors

Advisors LLC

Akin Gump

ArentFox Schiff

Arnall Golden

Baker Donelson

Ballard Spahr

Barnes & Thornburg

Bartlett LLP

Bradley Arant

Campbell Johnston

Clarkslegal LLP

Covington & Burling

Cravath Swaine

Crowell & Moring

DAC Beachcroft

DLA Piper

Davis Polk

Davis Wright Tremaine

Dechert LLP

Dentons

Dickinson Wright

Dorsey & Whitney

Duane Morris

Dughi Hewit

Dynamis LLP

Edelson PC

Fieldfisher

Fladgate LLP

Flood Law PLLC

Fox Rothschild

Fox Williams

Fried Frank

Gibson Dunn

Glenn Feldmann

Goodwin Procter

Greenberg Traurig

HKM Employment Attorneys

HSF Kramer

Hall Booth

Hausfeld LLP

Hogan Lovells

Holland & Knight

Honigman LLP

Kasowitz LLP

Keoghs LLP

Kirkland & Ellis

Knights PLC

Latham & Watkins

Law Offices of Allison MacKenzie

Lawson Huck

Littler Mendelson

Loeb & Loeb

Lomurro Munson

Lowenstein Sandler

Lyons & Associates PC

Martin G. Weinberg PC

Mayer Brown

McGuireWoods

Milbank LLP

Morgan Lewis

Morrison & Foerster

Nelson Mullins

Norton Rose

Orrick Herrington

Patterson Belknap

Patton Tidwell

Paul Weiss

Penningtons Manches

Peterson Baker PLLC

Polsinelli PC

Potomac Law Group

Quinn Emanuel

RWK Goodman

Reed Smith

Rottenberg Lipman

Seyfarth Shaw

Shook Hardy

Sidley Austin

Simpson Thacher & Bartlett

Skadden Arps

Snell & Wilmer

Steptoe LLP

Stroock & Stroock

Sullivan & Cromwell

Thompson Coburn

Thompson Hine

Thomson Snell

Troutman

Venable LLP

Wachtell Lipton

Walker Morris LLP

Weil Gotshal

Wilkinson Stekloff

Willkie Farr

WilmerHale

Withersworldwide

Wolf Greenfield

gunnercooke LLP

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Connecticut Attorney General's Office

Delaware Court of Chancery

Equal Employment Opportunity Commission

Federal Bureau of Investigation

Federal Communications Commission

Federal Deposit Insurance Corp.

Federal Trade Commission

Florida Supreme Court

Food and Drug Administration

Georgia Public Defender Council

Hopi Tribe

Ingham County Circuit Court

International Trade Commission

Lac Vieux Desert Band of Lake Superior Chippewa Indians

Michigan Supreme Court

National Labor Relations Board

Navajo Nation

New Jersey Court

New York Supreme Court, New York County

Pokagon Band of Potawatomi Indians

State of Michigan

Texas Supreme Court

Transport for London

U.S. Air Force

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Western District of Virginia

U.S. Department of Commerce

U.S. Department of Education

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of Veterans Affairs

U.S. Department of the Treasury

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of New Jersey

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

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

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

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

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

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

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

UK Ministry of Justice

United States District Court for the District of Colorado

United States District Court for the District of Nevada

United States District Court for the Southern District of Ohio