Paul Weiss, Cleary Steer $11.75B GE Aerospace, CPP Deal

By Al Barbarino

GE Aerospace said Tuesday it has agreed to buy engineered castings maker Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners for $11.75 billion.

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Kirkland Leads Bridgepoint On €1.2B Pantheon Fund Deal

By Dawood Fakhir

A subsidiary of British asset manager Bridgepoint Group said Tuesday that a special fund led by private markets investor Pantheon has acquired approximately €1.2 billion ($1.4 billion) of financial commitments from a Bridgepoint direct lending fund.

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Simpson Thacher-Led Cinven Wraps €2.3B Strategic Fund

By Jade Martinez-Pogue

Simpson Thacher & Bartlett LLP-led private equity shop Cinven revealed Tuesday that it closed its second strategic fund after raising €2.3 billion ($2.7 billion) of committed capital.

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Venable Adds Ex-SEC Commissioner Crenshaw To DC Office

By Jack Rodgers

Venable LLP announced Tuesday it has hired Caroline Crenshaw, who was the lone Democratic member of the U.S. Securities and Exchange Commission until her term ended in January, as a partner in the firm's Washington office.

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Paul Weiss Adds Funds Atty, SEC Alum From Kirkland

By Andrea Keckley

Paul Weiss Rifkind Wharton & Garrison LLP announced on Tuesday that its investment funds team has gained a Kirkland & Ellis LLP partner who started his legal career at the U.S. Securities and Exchange Commission.

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Apogem Clinches 11th PE Fund With $597M In Tow

By Jade Martinez-Pogue

Private markets investor Apogem Capital on Tuesday revealed that it wrapped its 11th private equity fund with a total of $597 million of commitments.

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Wachtell, Simpson Thacher Guide $3.9B EverBank, WaFd Deal

By Al Barbarino

EverBank Financial Corp. and WaFd Inc. have agreed to combine through a $3.9 billion reverse merger, in a deal steered by Wachtell Lipton Rosen & Katz and Simpson Thacher & Bartlett LLP. 

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week saw disputes involving a former NFL star and a $2.5 million solar venture, Morgan Stanley's role in Fox Corp.'s planned $22 billion acquisition of Roku Inc., and JPMorgan Chase & Co.'s effort to pause more than $20 million in legal-fee payments to former Frank executives.

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DOJ, Pinnacle Reach RealPage Rent-Fixing Settlement

By Isaac Monterose

The federal government wants to settle its antitrust claims against Cushman & Wakefield unit Pinnacle Property Management Services LLC, which was accused in North Carolina federal court of using property management software company RealPage Inc.'s revenue management technology to fix rental prices, according to the U.S. Department of Justice.

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Brief

777 Partners Gets OK To Ditch 6 Leases In Ch. 11 Case

By Alex Wittenberg

Investment firm 777 Partners secured a Texas bankruptcy judge's approval Tuesday to reject six leases for offices the debtor occupied before seeking Chapter 11 protection in August.

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Weil Welcomes Back Freshfields' Private Credit Co-Leader

By Andrea Keckley

Weil announced Tuesday that the co-leader of Freshfields LLP's private credit and capital solutions practice has returned to Weil's banking and finance practice, where he worked as a partner from 2014 to 2023.

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ABA Law School Accrediting Arm Repeals Diversity Standard

By Emma Cueto and Andrea Keckley

The American Bar Association council responsible for law school accreditation voted Tuesday to eliminate its diversity and inclusion standard, the final step in a process that the council hopes will ensure it remains an accreditor recognized by the U.S. Department of Education.

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Ex-DLA Piper Partner Must Face Claim He Raped Associate

By Lynn LaRowe

A Massachusetts state court has ruled it has jurisdiction over an assault and battery claim alleging a former DLA Piper partner raped a former Boston-based associate in Delaware, finding that purported incident was part of "a larger course of conduct encompassing multiple torts across several states, all circling around plaintiff's residence and work in Massachusetts."

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5th Circ. Backs Ax Of $125M Judgment Over Judge Friendship

By Mike Curley

A split Fifth Circuit panel Tuesday affirmed the vacatur of a trial by a magistrate judge that resulted in a $125 million judgment against Port of Lake Charles, finding the district court correctly found that the magistrate judge didn't fully disclose her 40-year, "close, multifaceted, and personal friendship" with IFG Port Holdings LLC's attorney.

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AG Blanche To Speak At GOP Midterm Convention

By Courtney Bublé

Attorney General Todd Blanche will speak at the Republican midterm convention this week in his "personal capacity."

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