Debevoise-Led KKR Raises $19.2B For Infrastructure

By Charlie Innis

KKR, guided by Debevoise & Plimpton LLP, has closed its latest fund for investing in North American and European infrastructure assets and businesses at $19.2 billion, the private equity giant said Monday.

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KKR Buying Integer For $5.7B In Kirkland, Davis Polk-Led Deal

By Al Barbarino

KKR said Monday that it will acquire medical device company Integer Holdings Corp. in an all-cash transaction with a roughly $5.7 billion enterprise value, with Kirkland & Ellis LLP and Davis Polk & Wardwell LLP advising on the transaction. 

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4 Firms Steer Curium's $8B Lantheus Take-Private Deal

By Jade Martinez-Pogue

Private equity-backed radiopharmaceutical company Curium on Monday announced plans to acquire fellow radiopharmaceutical company Lantheus Holdings Inc. in an $8 billion take-private deal built by four law firms.

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Manulife Comvest Wraps $5.4B Credit Fund

By Jade Martinez-Pogue

Manulife Comvest Credit Partners on Monday revealed that it closed its seventh private credit fund after securing $5.4 billion in total investable commitments.

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Visa To Buy Permira-Backed BioCatch In $2.4B Deal

By Al Barbarino

Visa said Monday it has agreed to acquire fraud intelligence company BioCatch from funds advised by Permira and other shareholders for $2.4 billion in cash, more than two years after Permira became BioCatch's majority stakeholder at a $1.3 billion valuation.

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Simpson Thacher's PIPE Work Was 'Dogged,' Jury Told

By Jake Maher

Simpson Thacher & Bartlett LLP did all it could to help Patriot National Inc. and the company's owner and warn them about risks as they pursued a financing deal, a former capital markets attorney told a Florida state jury Monday in the insurance services company's malpractice case against the firm.

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SpaceX Investor Seeks OK Of Award In K5 Global Feud

By Caroline Simson

An investment vehicle tied to the founder of Forte Capital Group urged a California judge on Monday to enforce a $14.6 million arbitral award issued against K5 Global, a venture capital firm, from improperly trying to boot it from a SpaceX-focused fund.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week tackled disputes involving merger litigation, insider trading allegations, books and records demands, advancement proceedings, fiduciary duties, public benefit corporations and more.

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Brief

Judge Denies Bid To Oust Kirkland From Trade Secret Feud

By Ivan Moreno

A California federal judge has denied a healthcare software company's attempt to disqualify Kirkland & Ellis LLP from representing Commure Inc. in a trade secret lawsuit, ruling that the plaintiff failed to prove that information it disclosed during a prospective client consultation was materially harmful enough to warrant disqualification.

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4 Mass. Rulings You May Have Missed In July

By Carolyn Muyskens

A Massachusetts judge affirmed her self-described "eye-popping" $91 million judgment against insurance companies, a private lender was freed from fraud claims after a loan recipient's emails told a different story, and a venture capital pro was denied a jury for his upcoming trial, among other recent state court rulings.

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Pot Investor Says Partners Diverted $1.1M In Grow Site Funds

By Jonathan Capriel

Three entrepreneurs face claims they misused $1.1 million in seed money meant to launch a Merced, California, cannabis cultivation facility, according to a lawsuit filed by an investor who says the grow site never materialized and the funds were diverted for personal use.

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AI Co. Yellow.ai To Go Public Via $550M SPAC Deal

By Jade Martinez-Pogue

Enterprise agentic artificial intelligence company Yellow.ai, advised by Fox Rothschild LLP, on Monday unveiled plans to go public by merging with Ashurst Perkins Coie US LLP-led Bluerock Acquisition Corp. in a deal that boasts a pro forma equity value of roughly $550 million.

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Monthly Merger Review Snapshot

By Matthew Perlman

A group of state enforcers challenged Paramount's planned $110 billion acquisition of Warner Bros. Discovery, as a separate group of states and DirecTV accused Nexstar of violating an order preventing it from integrating with Tegna and the Federal Trade Commission faced a bench trial seeking to block a constructive adhesive deal.

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Brief

Mitchell Gold Workers Drop Suit After Bankruptcy Deal

By Emlyn Cameron

A former employee of high-end North Carolina furniture company Mitchell Gold + Bob Williams has told a federal judge she was ending her lawsuit alleging the employer failed to give adequate notice of layoffs to hundreds of workers.

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NJ Supreme Court Ruling Exposes D&O Gaps For PE Boards

The New Jersey Supreme Court's recent decision in Mist Pharmaceuticals v. Berkley Insurance, barring directors and officers coverage, serves as a cautionary tale for private equity executives serving in overlapping roles at sponsor and portfolio companies, say attorneys at Reed Smith.

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DOJ Renews Bid To Oust Susman From ABA Trump EO Case

By Jared Foretek

The U.S. Department of Justice renewed its call for a D.C. federal judge to disqualify Susman Godfrey LLP from representing the American Bar Association in its challenge to the Trump administration's law firm executive orders, saying Susman Godfrey's attorneys could potentially have to serve as fact witnesses in the case.

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Jackson Walker, Trustee Agree On $15M Romance Settlement

By Emma Cueto

Jackson Walker LLP has agreed to pay $15 million and reform its conflicts and disclosure practices to resolve claims brought by the regional U.S. trustee regarding bankruptcy fees approved by a bankruptcy judge who was at the time concealing a relationship with a Jackson Walker partner.

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ABA To Assess Aggressive BigLaw Campus Recruitment

By Emily Sawicki

The American Bar Association's policymaking body on Monday approved a resolution sponsored by law students seeking reprieve from increasingly early BigLaw recruitment drives and clarified rules regarding client confidentiality and prosecutorial responsibility, some of the first votes taken on day one of its annual meeting.

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Analysis

How State SG Offices Became A Judicial Pipeline

By Cara Bayles

The rapid growth of Missouri's solicitor general's office illustrates the import of top state appellate roles, which offer young lawyers a chance to gain courtroom experience they might never acquire in BigLaw. The gig is also, for young conservatives especially, one of the fastest paths to the federal bench.

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Blanche's Nix Of Trump's $1.8B Fund Wins Over GOP Sens.

By Asha Glover

Two holdout GOP senators said Monday that they would support confirmation of acting Attorney General Todd Blanche to the permanent role after he gave assurances that President Donald Trump's $1.8 billion "anti-weaponization" fund, created as part of a settlement with the IRS, would not move forward.

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Conn. Justices Order Education For Atty Who Missed AI Flubs

By Christine DeRosa

The Connecticut Supreme Court has ordered a GLG Law LLC attorney to complete continuing education after finding that seven errors in filings caused by ChatGPT stemmed from negligence in the use of new technology, not from an intentional attempt to deceive or mislead the court.

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Disputes Continue, 1 Week Into NY Public Defender Strikes

By Andrea Keckley

Two unions representing hundreds of New York public defenders remain on strike Monday, with managers from the Neighborhood Defender Service of Harlem requesting third-party mediation during their most recent negotiations on Sunday.

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Roundup

The Top In-House Hires Of July

By Michele Gorman

Legal department hires during the past month included high-profile appointments at Goldman Sachs, Coinbase and Sanofi. Here, Law360 Pulse looks at some of the top in-house announcements from July.

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