Former Walt Disney Co. CEO Bob Iger and venture capitalist Joshua Kushner agreed to buy the Los Angeles Lakers on Wednesday in a deal that values the historic franchise at $12.5 billion, a record figure for an American sports team.
Former Walt Disney Co. CEO Bob Iger and venture capitalist Joshua Kushner agreed to buy the Los Angeles Lakers on Wednesday in a deal that values the historic franchise at $12.5 billion, a record figure for an American sports team.
Alternative asset manager Aperture Investors is expanding its litigation finance platform to $1 billion in total investment capacity, mostly deployed as direct loans to plaintiffs firms.
Swedish artificial intelligence coding platform Lovable on Wednesday revealed that it reached a $13.3 billion valuation after raising $400 million in its latest funding round.
A Florida federal judge refused to dismiss a U.S. Securities and Exchange Commission suit against a private equity firm accused of defrauding investors in a $1 billion fund, saying a 2025 executive order by President Donald Trump does not allow the firm to duck the SEC's allegations.
Environmental and industrial services provider Clean Harbors Inc., led by Davis Malm & D'Agostine PC, on Wednesday unveiled plans to acquire Latham & Watkins LLP-advised environmental and waste management services company EnviroServe from an affiliate of One Rock Capital Partners in a $470 million cash deal.
Artificial intelligence code review company CodeRabbit, advised by Wilson Sonsini Goodrich & Rosati PC, on Wednesday revealed that it reached a $1.5 billion valuation after raising $143 million in its latest funding round.
President Donald Trump has announced that he's looking to elevate Judge Lee Rudofsky of the Eastern District of Arkansas to the U.S. Court of Appeals for the Eighth Circuit.
A New York City Bar Association committee concluded in a policy paper published Wednesday that artificial intelligence tools "may assist legal work but cannot substitute for professional legal judgment," calling for a national framework to be built into the Model Rules of Professional Conduct governing its use.
The North Carolina Business Court dropped a host of heavy-hitting opinions in July ahead of two judicial retirements and a new chief judge rising in the ranks.
A "staffing disruption" at the Pittsburgh law firm J.P. Ward & Associates led the firm to request a stay of a labor-trafficking case against hotels in Pennsylvania and West Virginia, after the firm was reduced to one attorney and two staff members, according to court filings.
By the end of the month, there will be about 500 attorneys and staff in the U.S. Department of Justice's new fraud division, with more to come as time goes on.
Latham & Watkins LLP, Gibson Dunn & Crutcher LLP and Orrick Herrington & Sutcliffe LLP all delivered exceptional client service in a fast-changing, high-pressure era where "the business decision is also the legal decision," a new report by BTI Consulting Group says.
