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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TUESDAY, NOVEMBER 25, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

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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POLICY & REGULATION

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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LITIGATION

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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PEOPLE

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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EXPERT ANALYSIS

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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LEGAL INDUSTRY

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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COMPANIES IN TODAY'S NEWS

Agri Stats Inc.

Amazon.com Inc.

Andreessen Horowitz LLC

Ares Management Corp.

Biocoat Inc.

Burke Inc.

Clemens Food Group LLC

Coatue Management LLC

CommerceOne Bank

Cottrell Inc.

D1 Capital Partners L.P.

Dragoneer Investment Group LLC

Emerson Collective LLC

FMR LLC

Fort Point Capital

Franklin Resources Inc.

Google LLC

Green Dot Corp.

Greenoaks Capital Partners LLC

Harvard University

Herzog

Integer Holdings Corp.

Jane Street Group LLC

NVIDIA Corp.

National Basketball Association Inc.

Netflix Inc.

Phoenix Suns

Segra

Smithfield Foods Inc.

T. Rowe Price Group Inc.

Tiger Global Management LLC

Triumph Foods LLC

Tyson Foods Inc.

United Wholesale Mortgage LLC

WNBA Enterprises LLC

YouTube Inc.

LAW FIRMS IN TODAY'S NEWS

Axinn Veltrop

Brown Fox PLLC

Carey Olsen

Cleary Gottlieb

Cravath Swaine

Cuneo Gilbert

Disparti Law Group

Ellenoff Grossman

Faegre Drinker

Fried Frank

Gibson Dunn

Greenberg Traurig

Gustafson Gluek

Hagens Berman

Hengeler Mueller

Hogan Lovells

Holwell Shuster

Husch Blackwell

Jackson Lewis PC

Jones Day

King & Spalding

Kirkland & Ellis

Larkin Hoffman

Larson King

Latham & Watkins

Lockridge Grindal

Mark S. Zaid PC

Milbank LLP

O'Melveny & Myers

Pearson Warshaw

Perkins Coie

Potter Anderson

Quinn Emanuel

Ramey LLP

SBSB Eastham

Sabatini Law Firm PA

Sanford Heisler

Schaerr Jaffe

Sichenzia Ross

Stinson LLP

Sullivan & Cromwell

Taft Stettinius

UB Greensfelder

Wachtell Lipton

Weil Gotshal

Willkie Farr

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Equal Employment Opportunity Commission

Federal Trade Commission

Illinois Attorney General's Office

Minnesota Attorney General's Office

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Energy

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the District of Minnesota

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

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

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

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

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

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

U.S. Supreme Court

World Bank Group