Apollo Global Management said Tuesday it is leading a $35 billion capital commitment for a Broadcom initiative to build artificial intelligence infrastructure for companies including Anthropic and OpenAI, with Blackstone also participating.
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WEDNESDAY, JUNE 10, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

5 Firms Advise On Apollo-Led $35B Broadcom AI Financing

By Al Barbarino

Apollo Global Management said Tuesday it is leading a $35 billion capital commitment for a Broadcom initiative to build artificial intelligence infrastructure for companies including Anthropic and OpenAI, with Blackstone also participating.

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Novanta Buys Riverpoint In $1.45B Deal Steered By 3 Firms

By Jade Martinez-Pogue

Medical technology provider Novanta Inc., advised by Ropes & Gray LLP and King & Spalding LLP, on Tuesday announced plans to acquire medical device maker Riverpoint Medical, led by Goodwin Procter LLP, from private equity shop Arlington Capital Partners in a deal worth up to $1.45 billion.

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Blue Owl Tech Credit Adviser Hit With Excessive Fee Lawsuit

By Emilie Ruscoe

An adviser subsidiary of private credit giant Blue Owl Capital Corp. faces shareholder derivative claims that it improperly inflated the assets of a technology-focused fund to boost its fees even as those fee increases outpaced the fund's growth.

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The Law360 400: A Look At The Top 100 Firms

By Xiumei Dong

The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

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LITIGATION

Wash. Man Gets 5 Years For $100M Oil Investor Crypto Con

By Gina Kim

A Washington man was sentenced to five years in prison by a federal judge on Tuesday stemming from a scheme where he conned unwitting victims out of nearly $100 million after falsely promising them their funds would go toward oil and gas investments, and routing them to cryptocurrency wallets instead. 

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Columbia Bank Must Face Suit Over $230M Ponzi Scheme

By Emlyn Cameron

A Washington federal judge on Tuesday preserved a bankruptcy trust's lawsuit against Columbia Bank, finding that the trust adequately alleged the bank helped a real estate business' former operators run a $230 million Ponzi scheme.

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DEALS & FINANCING

Latham, V&E Lead WhiteHawk Minerals' Upsized $200M IPO

By Jade Martinez-Pogue

Natural gas mineral and royalty interests company WhiteHawk Income Corp. began trading publicly Tuesday after raising $200 million in its upsized initial public offering.

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Software Biz Beacon Wraps $225M Funding Round

By Jade Martinez-Pogue

Software firm Beacon on Tuesday announced that it closed its latest funding round with $225 million in tow, which will be used to fuel its acquisition of essential businesses.

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EXPERT ANALYSIS

3 Disgorgement Questions Linger After Justices' SEC Ruling

While the U.S. Supreme Court’s recent decision in Sripetch v. U.S. Securities and Exchange Commission avoided placing new limits on the SEC’s disgorgement powers, it passed over several questions, including whether the commission can seek disgorgement when returning the money to investors isn't possible, says David Slovick at Kopecky Schumacher.

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Checking For AI Errors Is Now A Two-Way Street

A handful of recent federal and state cases demonstrate the importance of checking for errors generated by artificial intelligence not only in your own court submissions, but also your opponent's, as well as when catching opposing counsel's AI mistakes could result in an award for attorney fees, says Tamara Barago at Hollingsworth.

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LEGAL INDUSTRY

Trial Boutiques Roll Out Associate Pay Raises

By Andrea Keckley

Three trial boutiques are planning to bump associate salaries by at least $10,000 next month, the firms confirmed to Law360 Pulse Tuesday.

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Interview

Burford Sees Growing Market For Stakes In Elite Firms

By Marialuisa Taddia

Burford Capital plans to step up minority equity investments in elite law firms in the U.K. and U.S. that already use its litigation finance, as investor appetite for law firm equity increases, the firm's new London-based chief operating officer told Law360.

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Fox Rothschild Sued Over Data Breach Tied To Ransom Group

By Allison Grande

Fox Rothschild LLP was hit with a proposed class action in Pennsylvania federal court Tuesday accusing the national law firm of failing to adequately protect the "highly sensitive and confidential" personal data entrusted to it from being exposed to a prominent ransomware group in a data breach last month. 

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All Attys In Miss. Suit DQd For Back-To-Back-To-Back AI Flubs

By Emily Sawicki

A Mississippi federal judge who found herself in the "unusual scenario" of reviewing briefs with artificial intelligence-created errors filed by both parties in a lawyer's fee dispute against a Magnolia State municipality has terminated all four attorneys from the case.

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Q&A

Next ABA International Ethics Chair Looks To Year Ahead

By Emily Sawicki

Rob Misey, incoming chair of the American Bar Association's International Ethics Committee, brings a passion for international dialogue to his new role, set to begin in September. Misey discussed his goals of initiating ethics conversations throughout the ABA and with counterparts overseas.

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Analysis

Fed. Circ. 'Recalibrates' Analysis For Constitutional Standing

By Dani Kass

The Federal Circuit eased the line between constitutional and statutory standing last month when reviving A.L.M. Holding Co.'s infringement suit against Zydex Industries Private Ltd., in a decision attorneys say makes standing more accessible and clarifies how patent licensors can maintain their rights.

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5 Firms Barred From Handling NFL Parkinson's Claims

By P.J. D'Annunzio

Five law firms have been disqualified from representing claimants seeking NFL concussion settlement funds for running a scheme that "laundered" questionable Parkinson's disease claims through the system to obtain $95 million, including $20 million in fees, a special masters' report issued Monday says.

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Pa. Law Firm Calls Uber and FedEx's RICO Suit A 'Sham'

By James Boyle

Nearly a month after its motion to dismiss a RICO suit filed by Uber and FedEx was denied by a Philadelphia federal judge, personal injury firm Simon & Simon PC has lodged a counterclaim against the companies, saying their complaint is a "frivolous sham."

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Senate Confirms Longtime Kan. Prosecutor, KBI Chief To Bench

By Courtney Bublé

The Senate voted 51-46, along party lines, on Tuesday to confirm Tony Mattivi, director of the Kansas Bureau of Investigation, to serve on the bench in the District of Kansas.

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COMPANIES IN TODAY'S NEWS

Acquira

Advanced Bionics AG

American Bar Association

Anthropic PBC

Apollo Global Management LLC

Arlington Capital Partners

Audi AG

BDT & MSD Partners

Binance Holdings Ltd.

Blue Owl Capital Inc.

Broadcom Inc.

Burford Capital LLC

Ethereum GmbH

FedEx Corp.

Ferrari SpA

Ingevity Corp.

NFL Enterprises LLC

Novanta Inc.

OpenAI OpCo LLC

Peregrine

Riverpoint Medical

T. Rowe Price Group Inc.

The Goldman Sachs Group Inc.

Uber Technologies Inc.

Umpqua Holdings Corporation

Union Internationale des Avocats

Wells Fargo & Co.

WestRock Co.

LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Ahmad Zavitsanos

Akerman LLP

Akin Gump

Alston & Bird

ArentFox Schiff

Arnold & Porter

Baker & Hostetler

Baker Donelson

Baker McKenzie

Ballard Spahr

Baratta Law

Barnes & Thornburg

Blank Rome

Boies Schiller

Bradley Arant

Bricker Graydon

Buchalter LLP

Bush Kornfeld

Carlton Fields

Christian & Small

Clark Hill

Cleary Gottlieb

Cooley LLP

Corr Cronin

Covington & Burling

Cozen O'Connor

Crowell & Moring

DLA Piper

DWF LLP

Daniel Williams & Associates

Davis Polk

Davis Wright Tremaine

Debevoise & Plimpton

Dechert LLP

Dentons

Dilworth Paxson

Dinsmore & Shohl

Dorsey & Whitney

Duane Morris

Elsberg Baker

FBT Gibbons

Faegre Drinker

Federman & Sherwood

Fenwick & West

Fish & Richardson

Fisher & Phillips

Foley & Lardner

Foster Garvey

Fox Rothschild

Frederick M. Lehrer Attorney at Law

Fried Frank

Gibson Dunn

Goodwin Procter

Gordon Rees

Greenberg Traurig

Haynes Boone

Hogan Lovells

Holland & Knight

Hollingsworth LLP

Honigman LLP

Hunton Andrews

Husch Blackwell

Jackson Lewis PC

Jones Day

K&L Gates

Katten Muchin

Kilpatrick Townsend

King & Spalding

Kirkland & Ellis

Kopecky Schumacher

Kopelowitz Ostrow

Kutak Rock

Latham & Watkins

Lewis Brisbois

Littler Mendelson

Mayer Brown

Maynard Nexsen

McDermott Will & Schulte

McGuireWoods

Milbank LLP

Milberg PLLC

Morgan & Morgan PA

Morgan Lewis

Morrison & Foerster

Nelson Mullins

Nixon Peabody

Norton Rose

O'Melveny & Myers

Ogletree Deakins

Orrick Herrington

PCB Byrne

Pachulski Stang

Paul Hastings

Paul Weiss

Perkins Coie

Pillsbury Winthrop

Polsinelli PC

Proskauer Rose

Quinn Emanuel

Quintairos Prieto

Reed Smith

Reinhart Boerner

Ropes & Gray

Seyfarth Shaw

Sheppard Mullin

Shook Hardy

Sidley Austin

Simon & Simon PC

Simpson Thacher & Bartlett

Skadden Arps

Spencer Fane

Squire Patton

Sterne Kessler

Stoll Berne

Sullivan & Cromwell

Taft Stettinius

Troutman

Tydings & Rosenberg

Venable LLP

Vinson & Elkins

Watkins Calcara

Weil Gotshal

White & Case

Wilkinson Stekloff

Willkie Farr

WilmerHale

Wilson Elser

Wilson Sonsini

Winston Taylor

Withersworldwide

Womble Bond

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

European Union

Federal Bureau of Investigation

Food and Drug Administration

Internal Revenue Service

Kansas Attorney General's Office

U.S. Attorney's Office

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

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

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. District Court for the District of Arizona

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

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

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

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

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

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 Washington

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

Unified Patent Court