Procter & Gamble is acquiring supplements company Thorne from L Catterton for $3.8 billion in cash, with Kirkland & Ellis LLP and Jones Day serving as legal advisers in the transaction, the companies announced Tuesday.
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WEDNESDAY, AUGUST 5, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Kirkland, Jones Day Guide P&G's $3.8B Buy Of Thorne

By Rae Ann Varona

Procter & Gamble is acquiring supplements company Thorne from L Catterton for $3.8 billion in cash, with Kirkland & Ellis LLP and Jones Day serving as legal advisers in the transaction, the companies announced Tuesday.

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KKR Buys Half Of TotalEnergies' €1.8B Renewables Portfolio

By Najiyya Budaly

U.S. private equity firm KKR has said that it will buy a 50% stake in a portfolio of developed renewable assets from France's TotalEnergies for €900 million ($1 billion), inclusive of debt.

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3 Firms Guide $5.5B Momentum Midstream Deal

By Al Barbarino

The Williams Cos. Inc. has agreed to acquire Momentum Midstream from private equity-backed EnCap Flatrock Midstream in a transaction valued at up to $5.5 billion, with three firms advising.

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Exclusive

Tyson & Mendes In Talks For Possible PE-Backed MSO Deal

By Emma Cueto

Insurance litigation defense firm Tyson & Mendes LLP confirmed to Law360 Pulse Tuesday that it is in "preliminary discussions" about taking private equity investment via a managed service organization.

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Kirkland-Led Gryphon Investors Wraps $770M Fund

By Jade Martinez-Pogue

Lower middle-market private equity shop Gryphon Investors, advised by Kirkland & Ellis LLP, on Tuesday revealed that it closed its latest fund above target with $770 million in tow.

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LITIGATION

Simpson Thacher Highlights PIPE Client's Financial Troubles

By Madison Arnold

The founder of Patriot National Inc. was likely short millions of dollars when it finalized a private investment in public equity transaction at the center of his malpractice case against Simpson Thacher & Bartlett LLP, according to defense testimony on Tuesday at a Florida state trial.

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Day Pitney Dropped From Suit Over Ex-Justice's Involvement

By Brian Steele

A Connecticut state court judge allowed Day Pitney LLP to withdraw from a $1.3 million corporate windup feud after the involvement of one of its partners, a former chief justice on the state Supreme Court, came to light, negating the defendants' call for an evidentiary hearing on a motion to disqualify the firm.

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PEOPLE

Sidley Lands 11-Atty Funds Team From Hogan Lovells In NY

By Tracey Read

Sidley Austin LLP announced Tuesday that it is adding an 11-attorney team in New York from Hogan Lovells Cadwalader one month after the latter firm completed its megamerger.

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Holland & Knight Adds MSO-Focused M&A Atty In SF

By Tracey Read

A former partner and general counsel at VLP Law Group has joined Holland & Knight LLP as a San Francisco partner on the firm's legal services transactions team.

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EXPERT ANALYSIS

Fed Report Underscores Focus On Nonbank, CRE Risks

The Federal Reserve Board's latest supervision and regulation report highlights that broad systemic stability will not insulate individual institutions from rigorous supervisory challenges regarding concentrated commercial real estate portfolios and nonbank partnerships, says Daniel Meade at Hogan Lovells.

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LEGAL INDUSTRY

How Does In-House Pay Compare? Take The Law360 Survey

How do in-house salaries vary across industries, roles, and organizational revenue? What compensation tools are companies using to lure top talent? Help Law360 Pulse answer these questions and more in this year's In-House Compensation Survey.

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Fla. AG Requests Impeachment Probe Into 11th Circ. Judge

By Carolina Bolado

Florida's Attorney General said Monday he is asking Congress to open an impeachment inquiry into U.S. Circuit Judge Nancy Abudu because of work she did before ascending to the Eleventh Circuit bench for the Southern Poverty Law Center.

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Analysis

These Firms Are Landing The Most Patent Litigation Work

By Dani Kass

Rabicoff Law and Ramey LLP have maintained their roles as top patent suit filers, while Fish & Richardson PC and Gillam & Smith LP have remained leaders on defense teams, according to Lex Machina's annual patent litigation report.

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Approach The Bench: Judge Rakoff Doesn't Hide His Views

By Cara Bayles and Steven Trader

During his decades on the bench, U.S. District Judge Jed Rakoff has witnessed a slew of changes, particularly as technology has brought a rise in cybercrimes, as well as novel questions like whether AI-generated legal advice is privileged. But perhaps the biggest shift was in Rakoff's own views.

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ABA Gives Symbolic Support For Law School DEI Standards

By Emily Sawicki

In a split vote, American Bar Association House of Delegates members on Tuesday elected to uphold a rule requiring law schools to demonstrate DEI standards, but then followed up with a vote allowing another path to removing the standards, in an effort to avoid the Trump administration's threat to strip the ABA of accreditation authority.

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ABA Seeks Bar Exam Reform Following Tech Failures

By Emily Sawicki

Over the course of its two-day annual meeting, the American Bar Association's policymaking body, the House of Delegates, approved measures to urge further bar exam oversight and backed measures to support law schools at accredited historically Black colleges and universities.

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Blanche Advances After GOP Sens. Win Written Assurances

By Courtney Bublé

The Senate Judiciary Committee voted to advance acting Attorney General Todd Blanche's nomination for the permanent position Tuesday, after Sens. Thom Tillis, R-N.C., and John Cornyn, R-Texas, said they would support him.

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Ford Asks 9th Circ. To Revive Lemon Law Fake-Billing Suit

By Linda Chiem

Ford Motor Co. has asked the Ninth Circuit to revive its racketeering lawsuit accusing three attorneys affiliated with Knight Law Group LLP of orchestrating a massive fraudulent billing scheme, saying First Amendment protections don't immunize the attorneys' underlying conduct in California lemon law litigation against the automaker.

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Fried Frank Data Breach Class Action Voluntarily Dismissed

By Matt Perez

A proposed class action data security suit against Fried Frank Harris Shriver & Jacobson LLP was voluntarily dismissed on Thursday following a joint motion to stay the case in April to undergo mediation.

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Ashurst Perkins, Nail Co. Lose Doc Bids In Malpractice Suit

By Rachel Riley

Ashurst Perkins Coie won't have to turn over documents related to its predecessor firm's work for an Omani screw and nail manufacturer in international trade proceedings that are now the subject of a legal malpractice case, a Washington court has ruled, while also denying a discovery request from the firm. 

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Analysis

New Patent Suits Surge As PTAB Challenges Get Tougher

By Ryan Davis

More patent suits were filed in 2025 than in any year in the past decade, according to a new report, an increase attorneys said is likely tied to new U.S. Patent and Trademark Office policies that have made it harder to challenge patents.

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NC Judge Who Upheld Voter ID Law To Take Senior Status

By Courtney Bublé

Judge Thomas Schroeder of the Middle District of North Carolina has informed the president he will take semi-retired status at a date later in the future.

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Bronx Union Says Striking Atty Faced 'Impossible' Choice

By Andrea Keckley

An attorney with the Bronx Defenders felt she had no other choice but to cross the picket line on Tuesday after an immigration judge ordered her to appear in court and the organization's managers did not commit to covering the proceedings without her, a union representative has told Law360.

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Neighborhood Defender Service Of Harlem Union Ends Strike

By Andrea Keckley

The Neighborhood Defender Service of Harlem union announced it was returning to work with a tentative deal after more than a week on the picket line.

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COMPANIES IN TODAY'S NEWS

3Cloud

APC

American Bar Association

Apple Inc.

Brooklyn Defender Services

Deutsche Bank AG

EnCap Flatrock Midstream

Ford Motor Co.

Fort Point Capital

Grant Thornton LLP

Gryphon Investors

Instagram Inc.

L Catterton

Lehman Brothers Holdings Inc.

Lex Machina Inc.

LexisNexis Legal & Professional

Microsoft Corp.

Momentum Midstream LLC

Neighborhood Defender Service of Harlem

Patriot National Inc.

RELX PLC

Shell PLC

Southern Poverty Law Center Inc.

Spotify Technology SA

Stanford University

State Bar of California

The Bronx Defenders

The Goldman Sachs Group Inc.

The Procter & Gamble Co.

The Williams Cos. Inc.

TotalEnergies SE

United Auto Workers

LAW FIRMS IN TODAY'S NEWS

Ahmad Zavitsanos

Ashurst LLP

Ashurst Perkins

Axinn

Baker Botts

Bricker Graydon

Burns Charest

Conrad & Scherer

Curtis Mallet-Prevost

DNL Zito

Dacus Law Firm

Dann Law Firm

Davis Polk

Day Pitney

Debevoise & Plimpton

Duane Morris

Fish & Richardson

Foley & Lardner

Fried Frank

Garteiser Honea

Gillam Smith

Hogan Lovells

Holland & Knight

Jones Day

Kirkland & Ellis

Knight Law Group

Kopelowitz Ostrow

Latham & Watkins

Law Offices of Garrett S. Flynn

Marshall Dennehey

McDermott Will & Schulte

McNaul Ebel

Milbank LLP

Miller Fair

Morgan & Morgan PA

Morris Nichols

Neal Gerber

Norton Rose

Paul Weiss

Pillsbury Winthrop

Quinn Emanuel

Rabicoff Law

Ramey LLP

Rebar Kelly

Sidley Austin

Simpson Thacher & Bartlett

Stearns Weaver

Tyson & Mendes

VLP Law Group

Webber & Thies

Williams & Connolly

Willkie Farr

Wilson Sonsini

Wirtz Law APC

GOVERNMENT AGENCIES IN TODAY'S NEWS

COPRAC

California Supreme Court

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Reserve System

Internal Revenue Service

Office of the Comptroller of the Currency

Patent Trial and Appeal Board

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Department of Commerce

U.S. Department of Education

U.S. Department of Justice

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the Eastern District of North Carolina

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

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

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

U.S. Patent and Trademark Office

U.S. Senate

U.S. Supreme Court