A consortium of investors has reached a deal with Glencore to acquire a stake in the assets of the Anglo-Swiss mining giant in the Congo for approximately $3.6 billion to secure critical minerals for the U.S. and its partners.
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THURSDAY, FEBRUARY 5, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Glencore To Sell 40% Stake In Congo Assets For $3.6B

By Dawood Fakhir

A consortium of investors has reached a deal with Glencore to acquire a stake in the assets of the Anglo-Swiss mining giant in the Congo for approximately $3.6 billion to secure critical minerals for the U.S. and its partners.

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Autonomous Construction Startup Raises $270M In Series B

By Nate Beck

Autonomous construction technology company Bedrock Robotics said Wednesday that it has raised $270 million in Series B funding after completing a mass excavation of a manufacturing site last year.

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Fintech Broker Clear Street Targets $1B IPO

By Sydney Price

Cloud-based financial services provider Clear Street Group Inc. said Wednesday it anticipates a $1 billion initial public offering, represented by Davis Polk & Wardwell LLP and underwriters counsel Cooley LLP.

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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PRACTICE GROUP OF THE YEAR

Private Equity Group Of The Year: Debevoise

By Jade Martinez-Pogue

Debevoise & Plimpton LLP advised financial services investor Kelso & Co. in its largest transaction ever when Brown & Brown Inc. unveiled plans to purchase Kelso portfolio company Accession Risk Management in a nearly $10 billion deal, earning the firm a spot among the 2025 Law360 Private Equity Groups of the Year.

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POLICY

SEC Cases May Rise After 'Unprecedented' 2025, Attys Say

By Jessica Corso

Following an "unprecedented" year in which the U.S. Securities and Exchange Commission dismissed the bulk of its crypto docket and filed few new lawsuits, former SEC staff members said Wednesday that there are signs that enforcement actions could begin to ramp up this year.

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Analysis

Clemency Was 'Broken' Long Before Trump. Can It Be Fixed?

By Phillip Bantz

President Donald Trump has transformed what has historically been a bureaucratic process for seeking federal pardons and commutations into a more freewheeling affair with few clear rules — and no easy solutions for reform, experts say.

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DEALS & FINANCING

Stem-Cell Drug Developer PrimeGen Inks $1.5B SPAC Merger

By Al Barbarino

Regenerative medicine developer PrimeGen US said Wednesday it has agreed to go public through a merger with blank check company DT Cloud Star Acquisition Corp., in a deal that values the company at about $1.5 billion.

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Ropes Leads Hair-Loss Firm Veradermics' Upsized $256M IPO

By Rae Ann Varona

Hair loss drug developer Veradermics Inc. began trading Wednesday after raising $256 million in an upsized initial public offering, with Ropes & Gray LLP representing the company and Cooley LLP representing the underwriters.

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LITIGATION

Stockholders Ask Del. Justices To Revive Bylaw Suits

By Jarek Rutz

Stockholders challenging advance notice bylaws at AES Corp. and Owens Corning urged the Delaware Supreme Court on Wednesday to revive their dismissed suits, saying boards should face fiduciary duty scrutiny the moment they adopt allegedly entrenching bylaws, not only after a proxy contest is triggered.

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Seidler Family Resolves Most Of Padres Ownership Dispute

By Alex Lawson

A dispute over control of the San Diego Padres appears to be over, as the widow of the team's late owner has dropped several claims against his brothers just months after the Major League Baseball team announced it was putting itself up for sale.

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PEOPLE

DiCello Levitt Taps SEC Vets For Whistleblower Practice

By Emilie Ruscoe

DiCello Levitt has acquired a boutique practice that represents U.S. Securities and Exchange Commission whistleblowers, bringing on a pair of former SEC attorneys whose clients have helped the government secure more than $2 billion in monetary sanctions, according to the firm.

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EXPERT ANALYSIS

Series

Law School's Missed Lessons: Practicing Resilience

Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

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LEGAL INDUSTRY

Paul Weiss' Karp Steps Back After Epstein Email Revelations

By Hailey Konnath and Aebra Coe

Longtime Paul Weiss Rifkind Wharton & Garrison LLP chair Brad S. Karp has resigned from his leadership role, the firm announced Wednesday, a move that comes after the U.S. Department of Justice released numerous emails between Karp and Jeffrey Epstein.

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Baker McKenzie To Downsize Business Professional Jobs

By Tracey Read

Baker McKenzie, which has a legal services hub in Tampa, Florida, is in the process of downsizing business professionals' jobs, a firm spokesperson confirmed to Law360 Pulse on Wednesday.

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Ex-DLA Piper Partner Aims To Toss Claim He Raped Associate

By Jack Karp

Allegations that an ex-DLA Piper partner raped a former Boston-based associate in Delaware in 2022 should be tossed since the Massachusetts state court the case was filed in has no jurisdiction over the Delaware claim, according to the accused former partner.

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Goldstein Accountant Admits Tax Return Errors

By Jared Foretek

A star government witness and the top outside accountant for SCOTUSblog founder Thomas Goldstein and his law firm admitted to making mistakes on Goldstein's tax returns and offering the grand jury erroneous testimony, under cross-examination in the U.S. Supreme Court lawyer's tax fraud trial Wednesday.

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Wachtel Missry Settles Liability In $26M Atty Malpractice Case

By Emily Sawicki

A dispute over who is liable for a former Wachtel Missry LLP partner's alleged exploitation of an elderly client has been settled on the eve of trial, while the Brooklyn federal judge declined to consider recusing himself despite "inadvertently" meeting with the firm's founding partner before the matter was fully put to rest.

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Ex-Fox News Host Decries Judge Pick's Arbitration Stance

By Courtney Buble

Gretchen Carlson, a former Fox News anchor and a leading advocate for ending forced arbitration of sexual harassment and assault in the workplace, has come out against a federal judicial nominee for Louisiana for her past comments on the issue.

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Trump Bid To Move NY Appeal Faces 'Fatal' Error, Judge Says

By Frank G. Runyeon

A Manhattan federal judge on Wednesday repeatedly aired doubts that President Donald Trump can upend the pending New York state appeal of his hush-money conviction by moving the case to federal court.

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Promo that reads 2025 Practice Groups of the Year

COMPANIES IN TODAY'S NEWS

Apollo Global Management LLC

Archer-Daniels-Midland Co.

Binance Holdings Ltd.

BlackRock Inc.

Brown & Brown Inc.

CapitalG Management Co. LLC

Clear Street LLC

Coinbase Global Inc.

Deloitte Touche Tohmatsu Ltd.

Eikon Therapeutics Inc.

Electrical Components International Inc.

Glencore PLC

LinkedIn Corp.

London Stock Exchange Group PLC

Longitude Capital

Major League Baseball Inc.

Massachusetts Institute of Technology

Morgan Stanley

NVIDIA Corp.

Nasdaq Inc.

New York City Bar Association

New York University

Orion Resource Partners

Owens Corning Corp.

Parabellum Capital LLC

San Diego Padres

SolarWinds Corp.

The AES Corp.

The Goldman Sachs Group Inc.

The New York Times Co.

Tishman Speyer Properties LP

UBS Group AG

Valor Equity Partners LLC

Veradermics Inc.

Wellington Management Co. LLP

LAW FIRMS IN TODAY'S NEWS

Ashby & Geddes

Baker McKenzie

Bernstein Litowitz

Ciardi Ciardi

Cooley LLP

Cravath Swaine

DLA Piper

Davis Polk

Debevoise & Plimpton

DiCello Levitt

Goldstein & Russell

Grant & Eisenhofer

Hamilton Lincoln

Jackson Walker LLP

Jones Day

Labaton Keller

Leach & Walker

Lehotsky Keller

Libby Hoopes

Loeb & Loeb

Milbank LLP

Munger Tolles

Nelson Mullins

Olshan Frome

Osborne Helman

Paul Weiss

Pollard PLLC

Pryor Cashman

Quarles & Brady

Richards Layton

Ropes & Gray

Rosenberg Freedman

Schinko Law

Seyfarth Shaw

Shah Litigation

Shapiro Arato

Sichenzia Ross

Stanton LLP

Sullivan & Cromwell

The Hartnett Law Firm

Wachtel Missry

White & Case

Whiteford Taylor

Williams & Connolly

Willkie Farr

GOVERNMENT AGENCIES IN TODAY'S NEWS

Alaska Department of Law

Delaware Court of Chancery

Executive Office of the President

Federal Election Commission

Internal Revenue Service

Manhattan District Attorney's Office

Superior Court of Massachusetts

U.S. Attorney's Office for the District of Maryland

U.S. Department of Justice

U.S. District Court for the District of Alaska

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 New York

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

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

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

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

U.S. International Development Finance Corp.

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court