AES Corp., guided by Skadden Arps Slate Meagher & Flom LLP, said Monday that it has agreed to be acquired by a consortium of infrastructure investors led by Blackrock's Global Infrastructure Partners and EQT Infrastructure VI in a deal with a $10.7 billion equity value and a $33.4 billion enterprise value. 
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TOP NEWS

Skadden-Led Energy Co. AES Agrees To $10.7B Buyout

By Al Barbarino

AES Corp., guided by Skadden Arps Slate Meagher & Flom LLP, said Monday that it has agreed to be acquired by a consortium of infrastructure investors led by Blackrock's Global Infrastructure Partners and EQT Infrastructure VI in a deal with a $10.7 billion equity value and a $33.4 billion enterprise value. 

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Kirkland-Led Bregal Sagemount's 5th Fund Hits $3.5B Limit

By Jade Martinez-Pogue

Growth-focused private equity shop Bregal Sagemount, led by Kirkland & Ellis LLP, on Monday announced it had wrapped up fundraising for its fifth fund after securing $3.5 billion in capital commitments.

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2 Firms Steer Warburg Pincus' $1B Global Eggs Investment

By Jade Martinez-Pogue

Private equity giant Warburg Pincus, advised by Latham & Watkins LLP, unveiled plans Monday to invest up to $1 billion in Davis Polk & Wardwell LLP-advised egg producer and distributor Global Eggs.

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Europe Floats Secondary Market For Private Co. Shares

By Najiyya Budaly

The European Union said Monday that it is weighing the creation of a platform for investors to trade shares in private companies, as exit opportunities for private equity continue to dry up meaning that startups are being forced outside of Europe to secure funding.

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LITIGATION

Uniswap, VC Backers Get Crypto Buyers' Suit Tossed Again

By Katryna Perera

A New York federal judge on Monday tossed the remaining claims in a proposed class action against Uniswap Labs and its venture capital backers that sought to hold them liable for the sale of so-called scam tokens on the decentralized Uniswap exchange, after the Second Circuit last year sent the case back to the district court for reconsideration.

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DEALS & FINANCING

PE Firm Helios Makes $297M Offer For CAB Payments

By Dawood Fakhir

Private equity firm Helios said Monday that it has made a firm offer to buy CAB Payments for $297 million, despite the cross-border payments business rejecting that amount in February.

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BrewDog Sold To US Cannabis Biz Tilray For £33M

By Najiyya Budaly

U.S. medical cannabis company Tilray Brands Inc. said Monday that it has bought the brand and intellectual property of Scotland's BrewDog out of administration, in a £33 million ($44 million) deal that will not benefit equity holders in the struggling brewer.

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PEOPLE

Cadwalader Continues Restructuring Growth With UK, US Duo

By Andrea Keckley

Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.

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EXPERT ANALYSIS

Preferred Equity Monetizations Unlock Energy Tax Credits

As private capital funds more energy and infrastructure projects, preferred equity monetization structures — combining elements of tax credit transfers and tax equity partnership-flip transactions with hybrid capital structures — can help project sponsors monetize federal tax credits, access private capital markets and gain structuring flexibility, say attorneys at Willkie.

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5 Different AI Systems Raise Distinct Privilege Issues

A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.

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LEGAL INDUSTRY

DOJ Drops Law Firm Executive Order Appeals

By Alison Knezevich and Lauren Berg

The Trump administration told the D.C. Circuit on Monday that it is dropping its fight over executive orders targeting four law firms.

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Dems Probe Trump 'Fixer' In Kirkland Pro Bono Deal

By Lauren Berg

Top Democratic legislators who are investigating the legality of pro bono agreements some BigLaw firms made with President Donald Trump demanded Monday that Kirkland & Ellis LLP provide information about the involvement of Boris Epshteyn, whom the lawmakers called Trump's "legal fixer and co-conspirator to overturn the 2020 presidential election."

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Analysis

4 Things That Likely Sealed Fate Of SCOTUSblog Founder

By Jared Foretek

When 12 "guilty" verdicts were read aloud by the jury in SCOTUSblog founder Thomas Goldstein's tax evasion and mortgage fraud trial last week, it was the culmination of a 16-day trial that took jurors deep into Goldstein's ultra high-stakes poker playing, his lavish lifestyle and his former law firm's accounting. Here, Law360 looks at four key pieces of evidence that likely moved jurors to their decision.

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Hagens Berman Denied Rehearing Bid In Sanctions Dispute

By Emma Cueto

The Third Circuit on Monday rejected plaintiffs firm Hagens Berman Sobol Shapiro LLP's request to reconsider weighing in on the sanctions dispute in a since-dropped product liability case that resulted in the trial court judge referring the firm for possible criminal investigation.

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Ex-Atty Kossoff Axed From Bankruptcy Case Amid Appeal

By Emily Sawicki

A New York bankruptcy judge determined he has jurisdiction over litigation stemming from the collapse of real estate law firm Kossoff PLLC after its principal stole $14 million from its clients, finding the firm's founder may be dismissed as a defendant because the now imprisoned, disbarred lawyer "appears to be judgment-proof."

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Scientists Slam 'Political Attack' On Judges' Reference Book

By Lauren Berg

Partisan politics is interfering with a reference manual judges routinely rely on to understand complicated scientific evidence, according to more than two dozen contributors who on Monday raised the alarm about Republican attorneys general successfully lobbying for a chapter on climate change to be deleted.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court's docket last week featured headline-grabbing disputes involving fast food giant Jack in the Box and boxing legend Mike Tyson's cannabis venture, alongside high-stakes fights over merger documents, appraisal rights and a $75 million renewable energy funding clash.

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Roundup

The Top In-House Hires Of February

By Michele Gorman

Legal department hires during the second month of 2026 included high-profile appointments at Walmart, Walgreens and the Big 12 Conference. Here, Law360 Pulse looks at some of the top in-house announcements from February.

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Promo that reads 2025 Practice Groups of the Year

COMPANIES IN TODAY'S NEWS

Alcon Inc.

Alcon Vision LLC

AlixPartners LLP

American Bar Association

Andreessen Horowitz LLC

Anthropic PBC

Association of Corporate Counsel

Axalta Coating Systems Ltd.

Barclays PLC

Biglari Holdings Inc.

Bloomingdale's Inc.

Bregal Sagemount

Cardone Industries Inc.

Charles River Laboratories International Inc.

Citigroup Inc.

Coinbase Global Inc.

EQT Corp.

Ecolab Inc.

Exxon Mobil Corp.

Founders Fund

Global Infrastructure Partners

HP Inc.

Hecate Energy LLC

Helios Investment Partners LLP

Invesco Ltd.

JPMorgan Chase & Co.

Jack In The Box Inc.

Jenzabar Inc.

KPMG International

London Stock Exchange Group PLC

National Collegiate Athletic Association

Paypal Holdings Inc.

Pioneer Natural Resources Co.

Qatar Investment Authority

ROC Nation LLC

Ricoh Co. Ltd.

Skydance Media LLC

SolarWinds Corp.

Southeastern Conference

TSG Consumer Partners LLC

The AES Corp.

The Goldman Sachs Group Inc.

The New York Times Co.

Tilray Inc.

Unilever PLC

Union Square Ventures

Uniswap Labs

Vector Capital LP

Walmart Inc.

Warburg Pincus LLC

Wells Fargo & Co.

LAW FIRMS IN TODAY'S NEWS

Akin Gump

Clement & Murphy

Cooley LLP

Coppersmith Brockelman

DLA Piper

Davis Polk

Debevoise & Plimpton

Fried Frank

Glenn Agre

Goldstein & Russell

Goodwin Procter

Gordon Fournaris

Hagens Berman

Hogan Lovells

Jenner & Block

Kim & Serritella

Kirkland & Ellis

Kossoff PLLC

Latham & Watkins

Leach & Walker

Moritt Hock

Munger Tolles

Paul Hastings

Paul Weiss

Perkins Coie

Pietragallo Gordon

Proskauer Rose

Saxton & Stump

Simpson Thacher & Bartlett

Skadden Arps

Susman Godfrey

Togut Segal

Williams & Connolly

Willkie Farr

WilmerHale

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Public Employees' Retirement System

Delaware Court of Chancery

Equal Employment Opportunity Commission

European Commission

European Union

Executive Office of the President

Federal Judicial Center

Federal Reserve System

Internal Revenue Service

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

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

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Commerce

U.S. Department of Justice

U.S. District Court for the District of Maryland

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

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

U.S. Postal Service

U.S. Securities and Exchange Commission

U.S. Supreme Court

Virginia Attorney General's Office

West Virginia Attorney General's Office