Simpson Thacher Steers Bridgepoint On $1.4B Investor Buy

By Najiyya Budaly

Private investment company Bridgepoint Group PLC said Monday that it will buy Kayne Anderson, an alternative real estate investor, for $1.4 billion in a deal steered by Simpson Thacher and Kirkland.

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Analysis

High Court Gives Fed Independence A 'Fragile' Reprieve

By Jon Hill

The U.S. Supreme Court has thrown its weight behind Federal Reserve independence by rejecting President Donald Trump's bid to immediately oust Fed Gov. Lisa Cook, but experts say the fight over central bank control may not be finished — just moving to a new phase.

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High Court Lets Fed's Lisa Cook Keep Job For Now

By Jon Hill

The U.S. Supreme Court ruled Monday that Federal Reserve Gov. Lisa Cook cannot be immediately removed from her post, a setback for President Donald Trump as he seeks to further remake the central bank's leadership.

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3 Firms Build $752M Sale Of Cardinal Natural Gas Businesses

By Jade Martinez-Pogue

Willkie Farr & Gallagher LLP-led independent midstream energy company Cardinal Midstream Partners LLC on Monday revealed that it has agreed to sell its Cardinal Delaware Basin LLC and Cardinal New Mexico LLC to San Mateo Midstream LLC, led by Baker Botts LLP and O'Melveny & Myers LLP, in a $752 million deal.

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Korn Ferry Buys PE-Backed AMS In $1.1B Deal

By Jade Martinez-Pogue

Organizational consulting firm Korn Ferry on Monday announced plans to acquire private equity-backed British talent and consulting firm AMS in a roughly £850 million ($1.1 billion) transaction.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week handled disputes involving controlling stockholders, executive compensation, take-private transactions, books and records demands and board governance, while the Delaware Supreme Court issued decisions in two corporate records cases previously decided in the Chancery.

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Harvey Gulf CEO Sued In Chancery Over Alleged Control Grab

By Jarek Rutz

Black Diamond-affiliated investment funds sued Harvey Gulf International Marine Inc.'s chief executive and other major stockholders in the Delaware Chancery Court, alleging they improperly orchestrated a stock transfer that gave CEO Shane J. Guidry majority control of the offshore vessel company.

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BNY Mellon Investors Can Appeal Loss In Self-Dealing Suit

By Katryna Perera

A Pennsylvania federal judge has granted two Bank of New York Mellon investors' bid to appeal an order dismissing their claims that the bank breached investment management agreements by investing in underperforming mutual funds with which it was affiliated.

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King & Spalding Adds Another Proskauer Funds Co-Head

By Andrea Keckley

King & Spalding LLP has hired another former practice leader from Proskauer Rose LLP amid its ongoing efforts to build out its fund finance capabilities, the firm announced Monday.

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Debevoise Hires Ropes & Gray Finance Partner In NYC

By Matt Perez

Debevoise & Plimpton LLP announced on Monday the hiring of a partner at Ropes & Gray LLP for its leveraged and corporate finance practice in New York.

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Ill. Law Firm MSO Bill Clashes With Court Power, Ethics Rules

An Illinois bill prohibiting law firms from certain business arrangements with management service organizations, sent to the governor for signature last week, encroaches upon the courts' constitutional powers and goes beyond the Illinois Rules of Professional Conduct in regulating investment in law-related services, says Matthew O’Hara at Smith Gambrell.

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Justice Jackson Tops High Court Book Earnings In 2025

By Ryan Boysen

U.S. Supreme Court Justice Ketanji Brown Jackson made nearly $1.2 million in book royalties last year, bringing her total to $4.14 million and making her the most highly compensated author on the high court, according to financial disclosure forms released Monday.

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Judge Limits Vegas Trip For BigLaw Insider Trading Defendant

By Julie Manganis

A Massachusetts federal magistrate judge said Monday a defendant described by prosecutors as a "lynchpin" in the BigLaw insider trading case must limit a planned visit to Las Vegas next month to just two nights, saying she also has "concerns about the validity" of a financial statement he provided to obtain a federal defender.

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Harris Beach Murtha To Combine With Peabody & Arnold

By Christine DeRosa

Harris Beach Murtha Cullina PLLC is set to expand its footprint in the Northeast through a combination with Boston firm Peabody & Arnold LLP.

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Texas Supreme Court Weighs New Rules To Tackle AI Misuse

By Lynn LaRowe

The Texas Supreme Court has proposed rule changes intended to address the misuse of artificial intelligence, including outlining possible sanctions and requiring signatories to attest to a filing's accuracy, just as a recent state bar survey showed AI use among Lone Star State lawyers more than doubling since 2024.

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Analysis

Volatility May Follow As Justices Make Agency Firings Easier​​​​​​​

By Sarah Jarvis

The policies and enforcement priorities of federal agencies may fluctuate more rapidly based on who is president, as a result of the U.S. Supreme Court's Monday decision finding that presidents have unlimited authority to fire members of independent agencies, experts told Law360.

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Analysis

The End Of An 'Independent' FTC

By Bryan Koenig

Federal Trade Commission members, responsible for merger review, antitrust enforcement, consumer protection safeguards and rulemaking, and industry analysis, no longer serve at a remove from presidential authority, thanks to Monday's U.S. Supreme Court ruling that could dramatically remake the FTC and other independent agencies.

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DC Ethics Counsel Conflicted In Ethics Case, DOJ Atty Says

By Emily Sawicki

A former interim U.S. attorney for Washington, D.C., is urging the D.C. federal court to disqualify the District of Columbia ethics counsel from pursuing an ethics case against him, arguing that the attorney and another lawyer from his office are conflicted and that their impartiality is in question.

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McCarter & English Missed Key Docs In $20M Loans, Court Told

By Brian Steele

A McCarter & English LLP attorney botched two multimillion-dollar loan deals by failing to secure an ironclad repayment obligation from a New York town or include mandatory documents in the closing packages, a Connecticut state court heard Monday as a long-awaited malpractice trial got underway.

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Sotomayor Says 7th Circ. 'Clearly Wrong' In Immunity Ruling

By Parker Quinlan

The U.S. Supreme Court on Monday refused to take up a case over whether qualified immunity was correctly granted to two Wisconsin prison guards who left a naked man in an often freezing cold cell for 23 hours, drawing a dissent from Justices Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson.

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Analysis

Justices Look To Shed Light On Jury Role In Pepsi TM Battle

By Ivan Moreno

The U.S. Supreme Court's decision to hear a trademark fight over PepsiCo's "Mtn Dew Rise Energy" drink gives the justices a chance to clarify when juries, rather than judges, should decide whether a mark is inherently strong — a narrow question that attorneys say could affect how often infringement cases survive summary judgment.

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Ex-Pa. AG, Trump Defense Firm Want Malpractice Claims Axed

By James Boyle

An elections nonprofit is seeking to keep alive its malpractice claim against the former acting attorney general of Pennsylvania and his firm, van der Veen Hartshorn & Levin, filing a quick response over the weekend to a motion to dismiss its amended complaint in Pennsylvania federal court.

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