Revolut Clinches $75B Valuation In Latest Share Sale

By Dawood Fakhir

International digital bank Revolut said Monday that it has reached a valuation of $75 billion after completing a share sale which involved investors including U.S. firm Coatue Management LLC and chips behemoth Nvidia.

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X-energy Raises $700M To Expand Nuclear Reactor Projects

By Jade Martinez-Pogue

Nuclear reactor maker X-energy Reactor Company LLC, advised by Latham & Watkins LLP, on Monday revealed that it wrapped its latest funding round after receiving $700 million from investors.

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Smith Ventures, CommerceOne Buy Fintech Biz In $1.1B Deal

By Jade Martinez-Pogue

Fintech company Green Dot Corp. on Monday announced that it has agreed to be bought by Smith Ventures and CommerceOne Financial Corp. in deals that total $1.1 billion and were built by three law firms.

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Digital-Focused SWB To Go Public Via $8.1B SPAC Merger

By Aislinn Keely

Financial services firm SWB announced Monday that it plans to go public through an $8.1 billion business combination deal shepherded by teams at Sichenzia Ross Ference Carmel LLP and Ellenoff Grossman & Schole LLP, which will lay the foundation for the firm's plans to issue a stablecoin and launch a novel international bank.

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FTC Abandons In-House GTCR Merger Case After Court Loss

By Matthew Perlman

The Federal Trade Commission formally dropped its administrative case challenging GTCR BC Holdings LLC's acquisition of a medical coatings supplier after an Illinois federal judge refused to put the deal on hold.

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Justices Won't Hear Dispute Over So-Called Ch. 11 Double Dip

By Rick Archer

The U.S. Supreme Court on Monday said it will not hear arguments on whether a Texas bankruptcy judge allowed unsecured creditors to double-dip on their recoveries when he handed them control of bankrupt oil driller Sanchez Energy.

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Phoenix Suns Minority Owners Lob Mismanagement Claims

By Lauren Berg

Minority owners of the NBA's Phoenix Suns on Monday filed counterclaims of mismanagement and misconduct in a Delaware Chancery Court suit brought by majority owner Mat Ishbia, alleging he has "decimated the company's finances" since purchasing the team in 2023 while refusing to disclose the terms of significant transactions.

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8th Circ. Won't Force Judge's Recusal In Pork Price-Fixing Case

By Matthew Perlman

The Eighth Circuit has denied a mandamus petition from Agri Stats Inc. and major pork producers who are seeking a Minnesota federal judge's recusal in price-fixing litigation based on a law clerk's previous work on a related case.

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Fried Frank Atty To Lead Fund Finance At Gibson Dunn

By Andrea Keckley

Gibson Dunn & Crutcher LLP announced Monday that it has tapped a former Fried Frank Harris Shriver & Jacobson LLP attorney to serve as head of fund finance, calling him "a market leader in structuring and executing complex rated note feeder and collateralized fund obligation transactions."

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Series

The Law Firm Merger Diaries: Making The Case To Combine

When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.

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Bonus Spotlight

Weil Matches Year-End And Special Bonuses For Associates

By Anna Sanders

Weil Gotshal & Manges LLP on Tuesday joined a cadre of other firms in matching the BigLaw standard for this year's associate bonuses.  

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Judges Decline Invites To Senate Hearing On Impeachment

By Courtney Bublé

Two federal judges, both of whom Republicans are looking to impeach, declined to testify before the Senate Judiciary Committee's hearing next week on the impeachment of "rogue" judges, a source familiar told Law360 on Tuesday.

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DOJ Official Sues Over Firing For Epstein Talk On Hinge 'Date'

By Alison Knezevich

A longtime former official at the U.S. Department of Justice who was fired after he was secretly recorded discussing the Epstein files has sued the agency and Attorney General Pam Bondi in D.C. federal court.

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Democrats Seek Documents On Emil Bove's DOJ Tenure

By Courtney Bublé

Senate Democrats are turning to public records requests to learn more about the controversial tenure of U.S. Circuit Judge Emil Bove while he served at the U.S. Department of Justice, claiming that they're being "stonewalled" by the department.

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$255K In Fees To Google For 'Frivolous' Ramey Case Upheld

By Ryan Davis

The Federal Circuit on Tuesday affirmed a California judge's decision that a client of embattled intellectual property firm Ramey LLP must pay nearly $255,000 in fees and sanctions for bringing a "frivolous" patent suit against Google, finding the award to be "entirely proper."

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Fla. Law Student Expelled For Antisemitic Post To Be Reenrolled

By David Minsky

A Florida federal judge has ordered the reinstatement of a law school student who was expelled after he was investigated over antisemitic posts on social media, saying the university didn't prove his speech "constituted a true threat." 

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Texas Law Firm, Atty Reach Tentative Deal In Age Bias Suit

By Rose Krebs

An attorney who sued a Houston-based law firm alleging she was fired in retaliation for having complained about age discrimination has reached "a tentative agreement" to resolve the matter, according to a filing in Illinois federal court.

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Husch Blackwell Blasts Ex-Firm Atty's ERISA Suit

By James Boyle

A former Hush Blackwell LLP partner's claim that the firm violated federal law by withholding monthly retirement account contributions misidentified the funds in question as participant contributions, when they were, in fact, contributions from the firm's year-end profit-sharing program.

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