StubHub, an online ticket reseller backed by private equity and venture capital firms, is set to hit the public markets Wednesday after pricing an $800 million initial public offering within its targeted range.
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THURSDAY, SEPTEMBER 18, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Latham, Cooley Lead Ticket Sales Giant StubHub's $800M IPO

By Jade Martinez-Pogue

StubHub, an online ticket reseller backed by private equity and venture capital firms, is set to hit the public markets Wednesday after pricing an $800 million initial public offering within its targeted range.

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BlackRock Blames Coal Production Cuts On Falling Demand

By Matthew Perlman

BlackRock Inc. told a Texas federal court that coal production has declined because demand from coal-fired power plants has been falling for years, not because asset managers conspired to pressure the producers.

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VarmX Partners With Biotech CSL In Deal Worth Up To $2.2B

By Jade Martinez-Pogue

European life sciences venture capital firm EQT Life Sciences on Tuesday announced that its portfolio company VarmX, a Netherlands-based biotech, has entered into an exclusive option agreement to be bought by global biotech CSL in a deal worth up to $2.2 billion.

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AI Startup Boost Run To Go Public Via $614M SPAC Merger

By Jade Martinez-Pogue

Artificial intelligence cloud infrastructure and high performance compute provider Boost Run LLC on Tuesday announced plans to go public by merging with special purpose acquisition company Willow Lane Acquisition Corp. in a $614 million deal built by Ellenoff Grossman & Schole LLP and Winston & Strawn LLP.

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ENFORCEMENT

FTC Chair Pledges 'Action' Against Late Merger Fixes

By Bryan Koenig

Federal Trade Commission Chairman Andrew Ferguson vowed Tuesday to take unspecified "action" against tactics by merging companies to propose fixes only after antitrust enforcers bring a transaction challenge, a strategy he called "bad for the system."

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FTC Ends Director Overlap In Healthcare Space

By Matthew Perlman

The Federal Trade Commission said three members of Sevita Health's board of directors resigned after enforcers flagged an overlap with the board of a competing provider of specialty healthcare for people with intellectual and developmental disabilities.

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DEALS

Oakley Capital To Invest Extra £25M In School Group Affinitas

By Tom Fish

Oakley said Tuesday that it is strengthening its presence in the growing primary and secondary education sector, after one of its funds agreed to inject £25 million ($34 million) into Affinitas Group, a schools group which operates in Latin America and Europe.

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LITIGATION

Avalara Investors' Claims Pass Muster After 9th Circ. Revival

By Katryna Perera

A Washington federal judge has allowed a proposed class action to proceed accusing tax software company Avalara Inc. of misleading investors ahead of an $8.4 billion deal to take the company private, but said the suit failed to adequately allege negligence by individual board members, giving investors one week to amend those claims.

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Casino Giant Urges Fla. Court To Toss Bahamas Fraud Suit

By David Minsky

U.S.-based casino operator Genting Americas Inc. has urged a Florida federal court to dismiss a lawsuit alleging that it used a resort in the Bahamas to obscure fraudulent activities, saying the suing real estate company failed to deliver a proper amended derivative complaint ordered by a judge. 

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FDIC Gets More Discovery In SVB Fraud Coverage Row

By Hope Patti

A Chubb unit must comply with a previous order forcing it to give documents relating to the drafting history of certain policy provisions to Silicon Valley Bank former parent SVB Financial Group in a $73 million private equity fraud coverage dispute, a North Carolina federal court ruled.

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'Incurably Premature': Suit Over Alleged EB-5 Rule Tossed

By Rae Ann Varona

A Seattle federal judge on Monday tossed an immigrant investor's lawsuit challenging an allegedly arbitrary action that resulted in U.S. Citizenship and Immigration Services revoking her visa petition, saying she could not sue since she did not first exhaust administrative remedies.

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PEOPLE

Willkie Taps PE Head To Co-Lead The Firm In 2027

By Andrea Keckley

Willkie Farr & Gallagher LLP announced Tuesday that the nearly decade-long head of its private equity practice will step up to co-lead the firm as its joint chairman at the start of 2027.

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EXPERT ANALYSIS

7 Document Review Concepts New Attorneys Need To Know

For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.

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LEGAL INDUSTRY

Litigation Spending To Keep Growing As Biz Risks Run High

By Jack Karp

Companies are likely to increase their spending on litigation next year, some by over 10%, as legal disputes become more complex, more contentious and more high-stakes, according to a new report out Thursday.

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Ex-Calif. Judge Gets 35 Years For Shooting Wife To Death

By Gina Kim

Former California state court judge Jeffrey M. Ferguson lost his bid for a new trial Wednesday and was sentenced to 35 years to life in prison for shooting his wife to death at home in a drunken rage, with the presiding judge expressing sympathy for his "extraordinary" son who tried to save his mother's life.

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Feds Want 3 Years For Girardi Son-In-Law's Chicago Contempt

By Lauraann Wood

Tom Girardi's son-in-law should receive a three-year prison sentence for his admitted role in helping the once-celebrated plaintiffs' lawyer steal millions from Lion Air crash victims, federal prosecutors in Chicago argued Wednesday.

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7th Circ. Pick Shrugs Off Conservative Group's Opposition

By Courtney Bublé

During her confirmation hearing on Wednesday, Rebecca Taibleson, a federal prosecutor in Wisconsin tapped for the Seventh Circuit, fended off opposition to her nomination from conservative groups, antipathy that the top Democrat on the Senate Judiciary Committee called a "new low" for the committee.

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House Votes To End DC Judicial Nominations Commission

By Courtney Bublé

The U.S. House of Representatives voted 218-211 along party lines on Wednesday to eliminate the commission that vets and picks potential judicial nominees for Washington, D.C.'s local courts.

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Retired Judges Speak Out On 'Threats' To Constitution

By Courtney Bublé

More than 40 retired federal judges appointed by presidents of both parties released an open letter Wednesday, the anniversary of the signing of the Constitution, saying they sought to underscore the importance of the rule of law at a time when the nation's ideals "are under historic strain."

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Del. Judge's US Atty Application Plan Draws Blanche's Ire

By Lauren Berg

Delaware's chief district judge, a Trump appointee, is seeking applications for the state's U.S. attorney position to prepare for an upcoming vacancy in the interim position, a move that drew the ire of Deputy U.S. Attorney General Todd Blanche on Wednesday.

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Giuliani Must Pay Attys $1.4M After Missing Bills Claim Fails

By Adrian Cruz

A New York state judge has awarded nearly $1.4 million to Davidoff Hutcher & Citron LLP in its lawsuit accusing former New York City Mayor Rudy Giuliani of racking up unpaid legal bills for the firm's work in various criminal, civil and administrative matters.

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Criminal Restitution Fails Defendants, Victims, Report Says

By Brandon Lowrey

Federal criminal restitution often fails to benefit victims of crime and throws defendants into a "Sisyphean struggle" with debt, with $100 billion in outstanding restitution deemed uncollectable, according to a report released this week by the National Association of Criminal Defense Lawyers.

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SEC Policy Shift Could Foreclose Some Investor Class Actions

By Jessica Corso

The U.S. Securities and Exchange Commission issued a policy statement Wednesday that allows the use of mandatory arbitration by new publicly traded companies as its chief seeks to "make IPOs great again," but Democrats warned the move could shut the door to shareholder class actions.

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Ex-Law Student's Bias Suit In Wrong Forum, 4th Circ. Told

By Patrick Hoff

A Black former student at Washington University School of Law shouldn't be able to revive claims that she was suspended from campus and lost her scholarship after complaining about a professor's race bias because she filed the suit in the wrong state, the law school told the Fourth Circuit.

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Trump Could Swing Fed With This 1 Weird Trick: Ex-Fed Gov.

By Jon Hill

A former top Federal Reserve official told Democratic lawmakers on Wednesday that if President Donald Trump succeeds in quickly ousting Fed Gov. Lisa Cook, it could unlock an obscure mechanism for his allies at the Fed to sway future interest-rate decisions.

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COMPANIES IN TODAY'S NEWS

American Family Association

Arch Resources Inc.

Avalara Inc.

BTI Consulting Group Inc.

Beacon Specialized Living

Bessemer Venture Partners

BlackRock Inc.

Blackstone Group

CME Group Inc.

Charter Communications Inc.

EQT Corp.

Epic Games Inc.

Families Against Mandatory Minimums

Genting Group

Georgia State University

Institutional Shareholder Services Inc.

Investments Ltd.

Microsoft Corp.

Nasdaq Inc.

National Association of Criminal Defense Lawyers

Oakley Capital Ltd.

Peabody Energy Corp.

Pinterest Inc.

Quantum Energy Partners

Riot Games Inc.

SVB Financial Group

Sevita

State Street Corp.

StubHub Inc.

Surety & Fidelity Association of America

Tencent Holdings Ltd.

The District of Columbia Bar

The Vanguard Group Inc.

Twitter Inc.

Via Transportation Inc.

Viagogo

Vista Equity Partners Management LLC

Warner Bros. Discovery Inc.

eBay Inc.

LAW FIRMS IN TODAY'S NEWS

Badgley Mullins

Bell Rosquete

Bilzin Sumberg

Bowman & Brooke

Buzbee Law Firm

Cheronis & Parente

Clark Hill

Cleary Gottlieb

Cohen Ziffer

Cooley LLP

Cooper & Kirk

Covington & Burling

Davidoff Hutcher

Davis Polk

Davis Wright Tremaine

Edelson PC

Ellenoff Grossman

Ellis & Winters

Gibson Dunn

Girardi & Keese

Gordon Rees

HWG LLP

Kirkland & Ellis

Kurzban Kurzban

Latham & Watkins

Law Office of Craig Leydecker

Lewis Rice

McFarlin LLP

Nossaman LLP

Paul Hastings

Pomerantz LLP

Quinn Emanuel

Saul Ewing

Skadden Arps

Troutman

Vinson & Elkins

Willkie Farr

WilmerHale

Winston & Strawn

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Executive Office of the President

Federal Bureau of Investigation

Federal Deposit Insurance Corp.

Federal Election Commission

Federal Reserve System

Federal Trade Commission

Food and Drug Administration

New York Supreme Court, New York County

Port of Bellingham

Texas Attorney General's Office

U.S. Attorney's Office for the Eastern District of North Carolina

U.S. Attorney's Office for the Northern District of Illinois

U.S. Attorney's Office for the Western District of Washington

U.S. Citizenship and Immigration Services

U.S. Court of Appeals for the Fourth Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

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 Middle District of Pennsylvania

U.S. District Court for the Northern District of Illinois

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

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

U.S. House of Representatives

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court