Nuclear energy company Newcleo Ltd. on Wednesday unveiled plans to go public by merging with special purpose acquisition company NewHold Investment Corp. III in a deal that values Newcleo at a pre-money equity value of roughly $2.4 billion and was built by three law firms.
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THURSDAY, MAY 28, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

3 Firms Guide Nuclear Power Startup's $2.4B SPAC Merger

By Jade Martinez-Pogue

Nuclear energy company Newcleo Ltd. on Wednesday unveiled plans to go public by merging with special purpose acquisition company NewHold Investment Corp. III in a deal that values Newcleo at a pre-money equity value of roughly $2.4 billion and was built by three law firms.

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3 Firms Steer Battery-Maker ProLogium's $3.8B SPAC Merger

By Al Barbarino

Taiwanese solid-state battery-maker ProLogium Holding Inc. said Wednesday it has agreed to go public through a SPAC merger with New York-based Translational Development Acquisition Corp., in a deal valuing ProLogium at approximately $3.8 billion on a pre-money, net cash-free basis.

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6 Firms Build DigitalBridge's $1.05B ArcLight Buy

By Jade Martinez-Pogue

Digital infrastructure-focused asset manager DigitalBridge Group Inc. on Wednesday announced plans to acquire power and electric infrastructure-focused investor ArcLight Capital Partners in a $1.05 billion deal built by six law firms.

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DEALS & FINANCING

Focused Energy Wraps $240M Series A Funding Round

By Jade Martinez-Pogue

German American laser fusion company Focused Energy on Wednesday announced that it raised $240 million in its Series A financing round, a feat that the company says marks the "largest" fully secured Series A financing in the global fusion industry.

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PEOPLE

M&A Lawyer Joins Wilson Sonsini In NY From Weil

By Tracey Read

A career Weil Gotshal & Manges LLP attorney has moved to Wilson Sonsini Goodrich & Rosati as a mergers and acquisitions partner in New York, the latter firm announced Wednesday.

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EXPERT ANALYSIS

Del. Justices' Ripeness Ruling Shields Advance Notice Bylaws

The Delaware Supreme Court’s recent decision dismissing two AES and Owens Corning stockholder challenges of advance notice bylaws as unripe provides corporations more room to insulate their nomination procedures from activist pressure, say attorneys at Reed Smith.

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LEGAL INDUSTRY

Analysis

Meet Biden's Attys Fighting DOJ Release Of Memoir Materials

By Jeff Overley

Former President Joe Biden has selected Hecker Fink LLP lawyers well acquainted with politically charged litigation for his extraordinary new lawsuit accusing the U.S. Department of Justice of orchestrating a congressional inquiry in order to divulge "highly personal" records to the Heritage Foundation.

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Chicago US Atty Revamps Grand Jury Rules After Misconduct

By Parker Quinlan

Chicago's top federal prosecutor announced on Wednesday a new suite of rules for how grand jury investigations are handled after an Illinois federal judge accused the prosecutor's office of misconduct in a case against six immigration activists.

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Pierce Atwood Rips Billionaire's 'Absurd' Suit Over Asset Sale

By Sydney Price

Pierce Atwood and two attorneys urged a Massachusetts federal judge to reject a Ukrainian billionaire's suit blaming them for a $1.8 million damages order in investor litigation over the billionaire's failed biotech company, saying his own wrongdoing led to the judgment.

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Ex-Judges Urge Court To Scrutinize Trump-IRS Deal

By Jack McLoone

A group of 35 former federal judges pushed for a Florida federal court to reopen President Donald Trump's now-settled $10 billion tax leak case against his own Internal Revenue Service, alleging that Trump and the DOJ deceived the court.

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Trump Taps Ohio Appeals Judge For Federal Bench

By Courtney Bublé

President Donald Trump announced on Wednesday he's nominating state Judge Matthew Byrne as a U.S. district judge for the Southern District of Ohio.

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Perkins Coie Docs At Issue In Omani Co.'s Malpractice Case

By Sarah Jarvis

An Oman-based screw and nail manufacturer has urged a Washington state judge to force Perkins Coie LLP to hand over a trove of documents related to the firm's past work representing the Middle Eastern company in a U.S. Department of Commerce probe, saying more information is needed to assess the law firm's defenses against claims its mistakes cost the company hundreds of millions of dollars.

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ProPublica Denied Access To Ranbaxy Antitrust MDL Docs

By Gianna Ferrarin

A Massachusetts federal court denied ProPublica's bid to unseal court filings in settled multidistrict litigation alleging a subsidiary of Indian drugmaker Sun Pharmaceuticals illegally delayed market entry of generic drugs, ruling the nonprofit news organization's request came too late in the case.

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Titan Of The Plaintiffs Bar: Keller Rohrback's Gretchen Freeman Cappio

By Andrea Keckley

By the time Volkswagen was exposed for touting the low emissions of cars that secretly released nitrogen oxide pollutants up to 40 times the legal limit in the U.S., Keller Rohrback LLP's Gretchen Freeman Cappio knew she wasn't interested in defending corporate giants.

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COMPANIES IN TODAY'S NEWS

AIM ImmunoTech Inc.

ArcLight Capital Partners LLC

Blueprint Medicines Corp.

CBR Systems Inc.

Daiichi Sankyo Co.

Democracy Forward Foundation

DigitalBridge Group Inc.

Federalist Society

MGM Resorts International

McKinsey & Co. Inc.

Moelis & Co.

Nasdaq Inc.

New York City Bar Association

Ohio State University

Owens Corning Corp.

Pathway Genomics Corp.

Prime Movers Lab

RWE AG

Ranbaxy

Sanofi

SoftBank Group Corp.

Sun Pharmaceutical Industries Ltd.

The AES Corp.

The Williams Cos. Inc.

VICI Properties Inc.

Volkswagen AG

Xcel Energy Inc.

LAW FIRMS IN TODAY'S NEWS

Ahmad Zavitsanos

Arnold & Porter

Brito PLLC

Covington & Burling

Davis Polk

Dechert LLP

Dugan Law Firm

Hagens Berman

Hecker Fink

Jackson Lewis PC

Keller Rohrback

King & Spalding

Kirkland & Ellis

Klaris Law

LCS & Partners

Latham & Watkins

Lieff Cabraser

Loeb & Loeb

Lowey Dannenberg

McNaul Ebel

Morgan Lewis

Morrison & Foerster

Peabody & Arnold

Perkins Coie

Pierce Atwood

Reed Smith

Rivero Mestre

Sherin & Lodgen

Simpson Thacher & Bartlett

Sperling Kenny

Sullivan & Cromwell

Susman Godfrey

Venable LLP

Weil Gotshal

Williams & Connolly

Wilson Sonsini

GOVERNMENT AGENCIES IN TODAY'S NEWS

Arizona Attorney General's Office

Congressional Budget Office

Delaware Court of Chancery

Executive Office of the President

Federal Bureau of Investigation

Federal Trade Commission

Food and Drug Administration

Internal Revenue Service

U.S. Department of Commerce

U.S. Department of Justice

U.S. Department of Veterans Affairs

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

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

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

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

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

U.S. Environmental Protection Agency

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Marine Corps

U.S. Securities and Exchange Commission

U.S. Supreme Court