Analysis

Intel Case May Clarify Dismissal Standard For 401(k) Suits

By Kellie Mejdrich

The U.S. Supreme Court will hear arguments Tuesday from former Intel Corp. workers looking to revive a suit claiming their retirement savings suffered because of shoddy investments, a case that could shed light on what it takes to keep challenges to allegedly subpar 401(k) offerings alive.

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Davis Polk-Led Niobrara Clinches $1.5B Inaugural Fund

By Jade Martinez-Pogue

Davis Polk & Wardwell LLP-advised Niobrara Capital Partners on Monday revealed that it closed its inaugural founders fund and related co-investment vehicles with over $1.5 billion in tow.

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Latham-Led Energy Capital Wraps $834M Continuation Fund

By Jade Martinez-Pogue

Energy transition infrastructure-focused private equity shop Energy Capital Partners, advised by Latham & Watkins LLP, on Monday revealed that it closed a single-asset continuation vehicle with $834 million in tow, which will be used for its investment in energy company Next Wave Energy Partners LP.

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Inspired Healthcare Gets OK For $713M Sale

By Rick Archer

A Texas bankruptcy judge Monday gave Inspired Healthcare the go-ahead to sell 30 of its senior living communities for $713 million after being told objections to how the sale proceeds will be handled will themselves be handled another day.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week temporarily froze roughly 32.1 million Talkdesk Inc. shares in a fight over a disputed foreclosure involving founder and CEO Tiago Paiva, while rejecting Saama Technologies founder Suresh Katta's nearly $68 million earnout bid and awarding the company about $7.3 million.

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Renters Seek Class Cert. For RealPage Antitrust Suit

By Isaac Monterose

A proposed class of renters asked a Tennessee federal court to certify it for its antitrust claims, saying property management software company RealPage Inc. allowed multifamily landlords to use its revenue management products for rent price-fixing.

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White & Case Advises Investment Co. On Sale Of OCU Group

By Irene Madongo

Investor Triton Partners disclosed a deal Monday to offload infrastructure services provider OCU Group to funds managed by private equity company TDR Capital.

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$150M Series D Values Mortgage-Focused Fintech At $2.3B

By Jade Martinez-Pogue

Mortgage servicing artificial intelligence company Valon Technologies on Monday revealed that its valuation doubled to $2.3 billion after it closed its latest funding round with $150 million in tow.

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Debevoise Hires 2 Private Capital Leaders From Freshfields

By Andrea Keckley

Debevoise & Plimpton LLP announced Monday that it has hired two practice leaders from Freshfields LLP, the latest in a series of additions to the firm's private capital platform.

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Analysis

Judge Clevenger's Intellect Defined His Time On Fed. Circ.

By Dani Kass

Newly retired Federal Circuit Judge Raymond Clevenger has an "exceptionally keen intellect" that allowed him to spot holes or new paths in cases that the parties or fellow panel members hadn't explored, his former colleagues told Law360.

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Sotomayor Warns Judges: Don't Scare Your Jurors

By Brandon Lowrey

U.S. Supreme Court Justice Sonia Sotomayor on Monday criticized an Alabama trial court judge who frightened a pool of prospective jurors by ordering the arrest of a latecomer to jury selection, saying in a statement accompanying a denial of certiorari in the case that fear can undermine a defendant's right to an impartial jury.

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Quinn Emanuel Seeks $750K After Defeating Buzbee Suits

By Lynn LaRowe

Quinn Emanuel Urquhart & Sullivan LLP is seeking nearly $750,000 in attorney fees after defeating claims in Texas state court that it conspired with rapper Shawn "Jay-Z" Carter to retaliate against prominent Houston plaintiffs attorney Tony Buzbee and two of his former clients.

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9th Circ. Pauses Rogoff's Return As Seattle US Atty

By Jack Karp

The Ninth Circuit has put on hold a Washington federal judge's decision to reinstate Roger Rogoff as Seattle's top federal prosecutor, a post Rogoff held for less than an hour before he was fired by President Donald Trump.

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Jackson Walker Deal Stalled By Standing Issue, Trustee Says

By Lauren Berg

The U.S. Trustee's Office told a Texas federal judge that its settlement with Jackson Walker LLP to disgorge fees from cases touched by scandal is on ice while a bankruptcy judge examines the watchdog's standing to seek such relief.

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Eckert Seamans Says Data Breach Harm Is Only Speculative

By James Boyle

Pittsburgh-based law firm Eckert Seamans Cherin & Mellott LLC told a Pennsylvania federal judge on Friday a pair of proposed class actions claiming damages from a data breach at the firm have not made specific complaints of actual harm caused by the breach and should be dismissed.

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