Private equity shop Blue Owl Capital Inc. on Wednesday revealed that it closed its inaugural strategic equity and secondaries fund with over $3 billion of capital commitments.
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THURSDAY, FEBRUARY 12, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Blue Owl Wraps $3B Strategic Equity, Secondaries Fund

By Jade Martinez-Pogue

Private equity shop Blue Owl Capital Inc. on Wednesday revealed that it closed its inaugural strategic equity and secondaries fund with over $3 billion of capital commitments.

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Sustainability Investor Raises $2.4B In Latest Fund Close

By Nate Beck

Vision Ridge Partners, a Boulder, Colorado-based investor in sustainability-focused assets, on Wednesday said it has raised $2.4 billion in its largest-ever fundraising, represented by Kirkland & Ellis LLP.

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Paul Weiss, Dechert Steer QXO's $2.25B Kodiak Buy

By Al Barbarino

Building products distributor QXO Inc. said Wednesday it has agreed to acquire Kodiak Building Partners from Court Square Capital Partners for approximately $2.25 billion, with Paul Weiss Rifkind Wharton & Garrison LLP advising QXO and Dechert LLP representing Kodiak.

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Ancora Opposes Netflix-WBD Merger, Backs Paramount Bid

By Al Barbarino

Ancora Holdings Group said Wednesday it opposes Warner Bros. Discovery's planned merger with Netflix, faulting the deal's financial structure and describing its path to regulatory approval as a "Hail Mary," while supporting a competing bid from Paramount Skydance Corp.

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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POLICY & REGULATION

SEC's Atkins Says ESG Fund Names Rule Is Under Review

By Jessica Corso

U.S. Securities and Exchange Commission Chairman Paul Atkins told Congress on Wednesday that he has directed staff to review a Biden-era rule aimed at preventing false advertising by funds marketed to eco-conscious investors, though he didn't detail what specific changes were under consideration. 

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LITIGATION

Del. Justices Grapple Over Truth Social Share Math

By Jeff Montgomery

An attorney for the firm that helped launch Donald Trump's social media company told Delaware's justices Wednesday that a vice chancellor erred in requiring the venture to "prove a negative" in calculations of investor stakes in the run-up to the venture's special purpose acquisition company transaction.

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Anesthesia Group Looks To End FTC Rollup Suit

By Matthew Perlman

U.S. Anesthesia Partners has urged a Texas federal court to end the Federal Trade Commission's case accusing the group of buying competing practices through a so-called rollup strategy, asserting that enforcers have no evidence of any harm to competition.

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Steward Health Creditor Trust Seeks $56M From Insurers

By Emily Lever

The creditor litigation trust for the Texas Chapter 11 case of hospital operator Steward Health Care has filed adversary suits against six groups of health insurance companies, seeking payment of covered medical bills totaling more than $56 million.

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DEALS & FINANCING

Weil, Latham Lead Solar Project Builder's $513M IPO

By Jade Martinez-Pogue

Power infrastructure provider Solv Energy Inc. hit the public markets Wednesday after raising nearly $513 million in its initial public offering.

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Financial Advisory Co. Province Acquires StoneTurn

By Matt Perez

Restructuring and financial advisory firm Province announced on Wednesday the purchase of compliance advisory firm StoneTurn, resulting in a combined company of 300 professionals operating across 19 offices on five continents.

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PEOPLE

Paul Hastings Adds Ex-Norton Rose Investment Funds Pro

By Kevin Penton

Paul Hastings LLP has added an investment funds specialist who previously worked with Norton Rose Fulbright as a partner in its Chicago office, the firm announced Wednesday.

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LEGAL INDUSTRY

Legal Services Hiring Started New Year Off With A Bang

By Tracey Read

The legal sector is off to a good start in 2026, with 5,500 more people employed in lawyer, paralegal and other law-related professional roles last month than in December, according to seasonally adjusted data released Wednesday by the U.S. Bureau of Labor Statistics.

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Feature

'Unflappable' Mass. Judge Emerges As Trump Foil

By Chris Villani

The newest member of the Massachusetts federal bench has made a name for himself as a thorn in the side of the Trump administration, a perception that stands in stark contrast to what friends and former colleagues describe as an unassuming and open-minded judge.

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'It Takes Time To Write': Jackson On High Court's Tariff Ruling

By Katie Buehler

U.S. Supreme Court Justice Ketanji Brown Jackson has provided an unusual update on the court's decision over President Donald Trump's authority to impose emergency tariffs, saying in a TV interview that the justices are still working on what is one of their most anticipated rulings this term. 

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Analysis

Not 'Your Dad's DOJ': Recapping Year One Under Bondi

By Phillip Bantz and Carolina Bolado

Even before her contentious congressional testimony on Wednesday, few U.S. attorneys general had been embroiled in so many controversies so early into their tenures as Pam Bondi, who critics and supporters alike say embodies a new era at the Justice Department.

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Bondi Touches On Judges, Fraud, Subpoenas At Fiery Hearing

By Courtney Bublé

Attorney General Pam Bondi opened her congressional testimony on Wednesday taking aim at "liberal activist judges," but the rest of the hearing was devoid of any discussion or questions on the Trump administration's combative relationship with a large portion of the federal bench.

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Goldstein Says He Lost Millions On Poker In 2016

By Jared Foretek

SCOTUSblog founder Thomas Goldstein told the Maryland federal jury in his tax fraud trial Wednesday that he lost nearly $3 million playing poker in 2016, directly contradicting charges that he underreported his gambling winnings, and pinned the blame for tax filing errors on his own miscalculations and shoddy work from his accountants.

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SC High Court Probes Clerk's Misconduct In Murdaugh Appeal

By Parker Quinlan

The South Carolina Supreme Court on Wednesday closely inspected Alex Murdaugh's appeal claiming the jury in his high-profile double-murder trial was biased because of comments made by a clerk of court, voicing questions and statements favorable to the disgraced lawyer's arguments.

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Md. Federal Judge Owns Up To Creating 'Abusive' Workplace

By Jack Karp

A Maryland federal judge has acknowledged creating an "abusive workplace" where clerks were chastised for minor errors, discouraged from asking questions and harshly criticized, according to a Fourth Circuit disciplinary order.

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Remote LSAT Testing To Largely End Amid Cheating Concerns

By Emily Johnson

Law school hopefuls will mostly need to sit for the Law School Admission Test — better known as the LSAT — in person starting in August rather than test remotely, a change designed to strengthen security after the exam provider ended remote testing in China over cheating concerns.

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Ford Slams Lemon Law Attys' Bid To Escape Billing Fraud Suit

By Lauren Berg

Ford Motor Co. urged a California federal judge to keep alive its lawsuit accusing three Knight Law Group LLP-affiliated attorneys of orchestrating a massive fraudulent legal billing scheme, scoffing at the attorneys' argument that they are immunized from liability related to lemon law litigation they have pursued.

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Calif. Atty Wins $25K Fee Sanction Over AI Errors

By Emily Sawicki

A California federal court has ordered $25,000 in fee sanctions for a litigator representing a mobile app platform in a copyright and contract suit as reimbursement for work he said went into responding to an error-ridden motion and further resulting motion practice.

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Miami World Cup Counsel Share Look At Prep Work, Impact

By Nathan Hale

Counsel representing the FIFA World Cup's Miami Host Committee gave Law360 an inside look at their multifaceted work preparing for the upcoming event, which organizers say could have the economic impact of multiple Super Bowls.

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Trio Leading NJ District Office Face New Disqualification Bid

By Elizabeth Daley

A criminal defendant who successfully challenged the appointment of Donald Trump's former personal attorney Alina Habba as New Jersey's top federal prosecutor joined other defendants in seeking to disqualify the trio now helming the office.

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Beasley Allen Wants Talc DQ Paused Pending High Court Appeal

By Jonathan Capriel

Hundreds of women who claim their ovarian cancer was caused by Johnson & Johnson's talcum powder risk appearing in an upcoming trial without their preferred counsel from the Beasley Allen Law Firm, unless a New Jersey state court stays an order disqualifying the firm, it said.

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Morgan & Morgan, Former Aide Settle Disability, Age Bias Suit

By Lynn LaRowe

Personal injury law firm Morgan & Morgan PA and a former firm legal assistant have settled a Florida federal lawsuit that alleged age and disability discrimination, according to a filing in the court.

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NYC Bar Pushes Gov. To Free Legal Aid Funds In Budget

By Andrea Keckley

The New York City Bar Association urged Gov. Kathy Hochul in a statement Wednesday to ensure the 2027 executive budget gives the New York State Interest on Lawyer Account Fund access to its revenue for civil legal services, noting the current proposed budget did not grant full spending authority.

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Promo that reads 2025 Practice Groups of the Year

COMPANIES IN TODAY'S NEWS

Blue Owl Capital Inc.

CareSource Management Services LLC

Cerberus Capital Management LP

Clearsight Advisors Inc.

Court Square Capital Partners LP

Elevance Health Inc.

Empire Justice Center

Federal Bar Association

Federation Internationale de Football Association

Financial Industry Regulatory Authority Inc.

Florida Blue

Ford Motor Co.

Highbridge Capital Management LLC

Home Box Office Inc.

Instagram Inc.

Jefferies Financial Group Inc.

Johnson & Johnson

Kodiak Building Partners

Law School Admission Council Inc.

Learning Resources Inc.

Major League Baseball Inc.

Major Lindsey & Africa LLC

Mass General Brigham Health Plan Inc.

Nasdaq Inc.

Netflix Inc.

New York City Bar Association

Royal Caribbean Cruises Ltd.

SOLV Energy

Simply Healthcare Plans

Skydance Media LLC

State Bar of California

Steward Health Care System LLC

StoneTurn Group LLP

TikTok Inc.

Trivest Partners LP

Tyler Technologies Inc.

U.S. Anesthesia Partners

Vineyard Wind LLC

Vision Ridge Partners LLC

Warner Bros. Discovery Inc.

Welsh Carson Anderson & Stowe

LAW FIRMS IN TODAY'S NEWS

Beasley Allen

Beck Redden

Bilzin Sumberg

Computerlaw Group

DLA Piper

Dechert LLP

Faegre Drinker

Foley & Lardner

FordHarrison

Friedman Kaplan

Griffin Humphries

Kasowitz LLP

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Knight Law Group

Krovatin Nau

Latham & Watkins

Lauro & Singer

Leach & Walker

Lowell & Associates

Milbank LLP

Morgan & Morgan PA

Munger Tolles

Nixon Peabody

Norton Rose

O'Melveny & Myers

Paul Hastings

Paul Weiss

Pillsbury Winthrop

Richard A. Harpootlian PA

Richards Layton

Robbins LLP

Rudolf Smith

SedlikGroup

Sidley Austin

Sills Cummis

Todd & Weld

Weil Gotshal

Williams & Connolly

Wirtz Law APC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Labor Statistics

Bureau of Ocean Energy Management

Committee for Public Counsel Services

Delaware Court of Chancery

Federal Bureau of Investigation

Federal Trade Commission

Internal Revenue Service

New Jersey Supreme Court

New York Attorney General's Office

New York State Assembly

South Carolina Attorney General's Office

U.S. Attorney's Office

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

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

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

U.S. Department of Defense

U.S. Department of Health and Human Services

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Interior

U.S. District & Bankruptcy Courts of Southern District of Texas

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

U.S. District Court for the District of Maryland

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

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

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

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

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

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court