Law360 Names Practice Groups Of The Year

Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2025, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.

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Aerospace Biz TransDigm Gets 2 PE-Backed Cos. In $2.2B Deal

By Jade Martinez-Pogue

Aircraft parts maker TransDigm Group Inc., led by BakerHostetler, on Friday announced plans to buy private equity-backed Jet Parts Engineering and Victor Sierra Aviation Holdings in a roughly $2.2 billion cash deal.

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V&E, Latham Steer Mitsubishi's $7.5B Foray Into US Shale Biz

By Al Barbarino

Mitsubishi Corp. said Friday it has agreed to buy shale gas producer Aethon in a transaction valued at about $7.53 billion, including debt, marking the Japanese trading company's entry into the U.S. shale gas business.

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Analysis

Smaller AI Deals Have Surged As Cos. Seek Talent, Tech Edge

By Al Barbarino

While multibillion-dollar artificial intelligence deals and partnerships continue to draw attention, AI dealmaking at the lower end of the market has surged in volume, as buyers seek incremental technological advantages amid the AI arms race.

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OpenAI, Microsoft Must Face Musk Fraud Fight In April Trial

By Dorothy Atkins

A California federal judge denied OpenAI Inc.'s request for summary judgment on Elon Musk's claims OpenAI duped him into donating $38 million with false promises of remaining a nonprofit, while trimming some claims against Microsoft Corp. and sending the bifurcated dispute to an April jury trial.

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Roundup

Up Next At High Court: Fed Firing & Gun 'Vampire Rules'

By Katie Buehler

The Supreme Court will begin a short argument week Tuesday, during which the justices will consider President Donald Trump's authority to fire a Democratic Federal Reserve governor over allegations of mortgage fraud, as well as the ability for states to presumptively bar gun owners from carrying firearms onto private property open to the public unless the property owner explicitly allows it. 

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Stolen Google AI Info Valuable To Rivals And China, Jury Told

By Bonnie Eslinger

Federal prosecutors questioned a foreign policy expert and an MIT computer science professor Friday in the trial of an ex-Google engineer accused of stealing AI trade secrets to help China, seeking to show that artificial intelligence is a major priority for the Chinese government and that Google's technology was nonpublic and extremely valuable.

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UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

This past week in London saw the David Lloyd gym chain file an intellectual property claim against its founder, security company Primekings reignite a long-running dispute with the former owners of an acquired business, and a pair of Belizean developers sue a finance executive they say shut them out of a cruise port project.

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Roundup

Taxation With Representation: Stibbe, A&O Shearman, Latham

By Zak Kostro

In this week's Taxation With Representation, Keurig Dr Pepper Inc. plans to complete its deal to snap up coffee company JDE Peet's NV, Boston Scientific Corp. acquires medical device company Penumbra Inc., and fitness and wellness platform parent Playlist merges with fitness technology company EGYM.

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Infinite Eagle SPAC Raises $300M In Latest IPO

By Jade Martinez-Pogue

Infinite Eagle Acquisition Corp., the tenth blank check company helmed by Jeff Sagansky and Harry Sloan, began trading publicly Friday after raising $300 million in its initial public offering.

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ICG Sells Austrian HQ Back To Former Owner For $160M

By Nate Beck

Alternative asset manager ICG said Friday that it has sold the Austrian headquarters of manufacturer Innio Group back to the company for $160 million.

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6th Circ. Revives Biomed Co. Investor's Suit Over Stock Sale

By Katryna Perera

The Sixth Circuit has ruled that a man who sold his stock in a biomedical research company just before being told the company planned to pursue private equity financing can bring his breach of contract and fiduciary duty claims, reversing a lower court's ruling granting summary judgment to the biomedical company.

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What Changed For Healthcare Transaction Law In 2025

Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.

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Decoding The SEC's Plans To Revitalize The US IPO Market

Chairman Paul Atkins' recent speech showcased the U.S. Securities and Exchange Commission's plans to ease certain disclosure burdens, rein in politicized shareholder voting and mitigate litigation risk, which could encourage more U.S. companies to seek public listings stateside and make U.S. stock exchanges more competitive for foreign companies, say attorneys at Baker McKenzie.

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Law360 Names Firms Of The Year

By Kevin Penton

Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.

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Willkie Accused Of Aiding $735M Fraud In Buyout Deal

By Katryna Perera

Willkie Farr & Gallagher LLP on Tuesday was accused of aiding a $735 million fraud carried out by an investment manager to secure financing for a 2023 take-private transaction involving Franchise Group Inc., which was then used to pay off the manager's personal debts.

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Goldstein Poker Pals Got Money From Firm, Witness Says

By Jared Foretek

A former office manager at Thomas Goldstein's law firm Tuesday told the jury in his tax fraud trial in Maryland federal court that hundreds of thousands of dollars in wire transfers sent to the U.S. Supreme Court lawyer's poker counterparts were classified as business transactions in documents used by the firm's tax accountants.

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McDonald Hopkins Forms Practice Group For Law Firm MSOs

By Emma Cueto

Midwestern firm McDonald Hopkins LLC announced Tuesday that it has launched a practice group focused on handling deals between law firms and prospective private equity investors, which the firm said is a natural extension of its work on litigation funding deals and private equity investment in other professional services.

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Ex-DOJ Attys Describe Fallout From Trump Takeover

By Stewart Bishop

Former federal prosecutors who resigned or were fired from the U.S. Department of Justice over the last year spoke Tuesday of their dismay over political interference at the department by the Trump administration, but largely expressed confidence that the DOJ could recover in time.

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Shooting Of Indiana Judge, Wife Prompts Call For Vigilance

By Lynn LaRowe

The shooting of an Indiana Superior Court judge and his wife over the weekend has prompted the chief of the state's highest court to urge all jurists in the Hoosier State to "remain vigilant in your security."

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Ex-Girardi Keese Atty To Take Plea Deal In Chicago Case

By Rae Ann Varona

Former Girardi Keese attorney Keith Griffin will take a plea deal in a case accusing him of helping Tom Girardi violate court orders and covering up the theft of client funds, according to a minute entry entered Friday in Illinois federal court.

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Lindsey Halligan Out As US Atty As Judge Criticizes 'Charade'

By Courtney Bublé

U.S. Attorney General Pam Bondi said Tuesday that Lindsey Halligan's 120-day term as U.S. attorney for the Eastern District of Virginia is over, the same day a Virginia federal judge criticized "this charade of Ms. Halligan masquerading" in a role in which she was not lawfully serving.

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Justice Jackson Slams Fee Waiver Ban For Indigent Prisoners

By Brandon Lowrey

The U.S. Supreme Court Tuesday rejected three pro se indigent prisoners' bids to file petitions to the court without fees and permanently barred them from seeking fee waivers from the high court, decisions that Justice Ketanji Brown Jackson called "foolish" in a passionate dissent.

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Supreme Court Rules Mandatory Restitution Is Punitive

By Phillip Bantz

The U.S. Supreme Court held in a unanimous opinion Tuesday that restitution is a criminal punishment subject to the Constitution's ban on increasing punishment retroactively.

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Feature

John Roberts Welcomes John Roberts To Supreme Court

By Jeff Overley

U.S. Supreme Court advocates have tips galore for staying calm at a debut argument, including diligent preparation, mindful breathing and treating the event as a conversation. But a Proskauer Rose LLP attorney benefited Tuesday from a distinctive development: the chief justice's introductory jest about the two of them not being related.

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Justices Ax 6th Circ. Abortion Order Amid Loper Bright Outcry

By Jeff Overley

The U.S. Supreme Court on Tuesday erased a Sixth Circuit decision allowing abortion-related conditions on family planning grants, a victory for Tennessee officials who accused the circuit of flouting the high court's landmark rejection of judicial deference to regulators.

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NJ Justices Sharply Limit Attorney Liability To Nonclients

By Carla Baranauckas

The New Jersey Supreme Court adopted a formal framework on Tuesday for determining when attorneys owe a duty of care to nonclients, affirming that estate lawyers generally cannot be sued for malpractice by disappointed heirs without clear proof the lawyer was engaged to benefit them directly.

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AI Firm Countersues Legal Publisher For Breach Of Contract

By Adam Lidgett

Artificial intelligence startup Alexi Technologies has accused Fastcase Inc. and its owner of weaponizing the legal system after the legal research firm filed a lawsuit in November claiming the AI company breached a former business relationship.

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Justices Set Time Limit To Ax Judgments, Ending 11-1 Split

By Jeff Overley

Almost every circuit court has wrongly allowed litigants to vacate invalid judgments regardless of how long ago the judgments became final, the U.S. Supreme Court ruled Tuesday, endorsing one circuit's outlier interpretation of a decades-old procedural rule.

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Brief

Supreme Court Security Gets $30M Boost In DHS Bill

By Courtney Bublé

The consolidated U.S. Department of Homeland Security funding bill for fiscal year 2026 released early Tuesday morning includes $30 million for the security of U.S. Supreme Court justices.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court wrapped up last week with a mix of deal litigation, governance fights and disclosure battles, including a proposed settlement over a contested medical device sale, a merits dismissal tied to a $2 billion biotech exit and dueling lawsuits over Paramount Skydance's pursuit of Warner Bros. Discovery.

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