Mallesons-advised Steadfast Group has agreed to be acquired by a consortium backed by investment firms Dragoneer Investment Group and KKR for about AU$7.7 billion ($5.5 billion), the Australian insurance broker said Friday.
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TOP NEWS

Steadfast Inks $5.5B Buyout Deal With KKR, Dragoneer

By Al Barbarino

Mallesons-advised Steadfast Group has agreed to be acquired by a consortium backed by investment firms Dragoneer Investment Group and KKR for about AU$7.7 billion ($5.5 billion), the Australian insurance broker said Friday.

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Kirkland Guides Cloverleaf In Nvidia Stake For AI Buildout

By Nate Beck

Nvidia has made a minority investment in Cloverleaf Infrastructure to support digital infrastructure development across the U.S., the companies said Friday, in a deal advised by Kirkland & Ellis LLP.

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Rising Star: Kirkland's Lee Blum

By Tracey Read

Lee Blum of Kirkland & Ellis LLP advised the buying group on the $55 billion take-private of video game developer Electronic Arts Inc., which the firm calls the largest take-private investment in history, earning him a spot among the private equity practitioners under age 40 honored by Law360 as Rising Stars.

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LITIGATION

Ex-Owners Seek Legal Fees In Del. For $80M Co. Sale Suit

By Jarek Rutz

Five former owners and executives of JTI Electrical & Instrumentation LLC have sued the industrial services firm in the Delaware Chancery Court, urging it to order the company to pay legal fees they have incurred as they fight claims alleging they helped misrepresent the business's finances before its 2021 sale to affiliates of private equity firm Gemspring Capital.

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Roundup

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

By Megan Norcott

The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys file a contract claim against two of its previous clients in the Middle East.

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DEALS & FINANCING

Roundup

Taxation With Representation: Fenwick, Hengeler Mueller

By Zak Kostro

In this week's Taxation With Representation, Santander SA completes its acquisition of U.S. regional lender Webster Financial Corp., financial services company Stripe buys artificial intelligence routing platform OpenRouter and Madison Air Solutions Corp. acquires German airflow technology maker ebm-papst.

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LEGAL INDUSTRY

How Does In-House Pay Compare? Take The Law360 Survey

How do in-house salaries vary across industries, roles, and organizational revenue? What compensation tools are companies using to lure top talent? Help Law360 Pulse answer these questions and more in this year's In-House Compensation Survey.

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Analysis

The Race Is On To Confirm Trump's Judges By Year-End

By Courtney Bublé

President Donald Trump nominated 11 judges this past week, meaning 19 nominees are now in the pipeline. But how many can the Senate confirm before the end of the year, given that it will mostly be absent and consumed by the midterm election? 

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Trump Admin Moves Toward Nixing ABA's Accreditor Status

By Emma Cueto

The Department of Education has made a preliminary finding that the American Bar Association is not in compliance with the department's regulations and standards as an accreditor of law schools, a move that comes as the ABA seeks to modify or repeal standards related to diversity, equity and inclusion in an attempt to preserve its accreditor status.

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Law Schools Flooded With Applicants For 3rd Straight Year

By Tracey Read

This year's U.S. law school applicant pool is up nearly 8% over 2025, with significant growth in Asian and Black prospective attorneys, according to new data from the Law School Admission Council.

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Divided 2nd Circ. Backs DQ Of Acting NDNY US Attorney

By Stewart Bishop

The Second Circuit on Friday upheld a lower court's decision that found the acting U.S. attorney for the Northern District of New York, John Sarcone III, was unlawfully serving in his position when he obtained grand jury subpoenas of the New York attorney general's office.

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Fla. Attorney Fined, Referred To Bar For Unapologetic AI Use

By Madison Arnold

A Florida attorney is the latest to be sanctioned for his use of artificial intelligence, after a Florida state appeals court found Friday that his filings contained at least 46 hallucinations.

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Wiley Data Breach Class Action Dropped As 2 Sides Confer

By Emily Sawicki

A Florida resident pursuing negligence and unjust-enrichment claims against Wiley Rein LLP over a data breach voluntarily dismissed his proposed class action on Friday while leaving the door open to refile, one day after the firm told the D.C. federal court that the two sides were "conferring" on next steps.

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Gov't To Take 9th Circ.'s Bar Of Nev. US Atty To High Court

By Madison Arnold

The U.S. government asked the Ninth Circuit to stay its ruling disqualifying Nevada's top prosecutor from assuming that role without Senate confirmation, saying it plans to take the issue to the U.S. Supreme Court.

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Trump Says Pardon Atty Ed Martin Leaving For Midterms

By Courtney Bublé

U.S. pardon attorney Ed Martin will be leaving the administration to work on the midterm elections, President Donald Trump announced on Friday.

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Judge's Job Bid Sinks Conn. Atty's Homicide Conviction

By Brian Steele

Former Cramer & Anderson LLP partner Robert L. Fisher Jr. is entitled to a new manslaughter trial because the presiding judge at his original trial "created an appearance of a lack of impartiality" when he did not disclose to the parties that he had applied for an oversight job with the state prosecutor's office, an appeals court ruled Friday.

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Roundup

Balancing The Scales: Diminished Capacity, Sentencing Rules

By Orlando Lorenzo

The Michigan Supreme Court has overturned 25 years of state precedent by reviving the diminished capacity defense, and the justices in Pennsylvania said the Legislature is out of time to craft new sentencing guidelines for second-degree murder. Here, Law360 highlights access to justice stories arising from litigation, verdicts and judgments you may have missed.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

A California federal judge told Meta that its in-house attorney was absolutely wrong about what constitutes attorney-client privilege and should take an ethics course. And a bipartisan group of 128 ex-judges have asked the Florida Bar to investigate Homeland Security's general counsel for his attacks on sitting judges. These are some of the stories in corporate legal news you may have missed in the past week.​

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Law360's Legal Lions Of The Week

By Kevin Penton

Eversheds Sutherland, Pillsbury Winthrop Shaw Pittman LLP and McDermott Will & Schulte lead this week's edition of Law360 Legal Lions, after Maryland's tax court held that the state's first-in-the-nation digital advertising tax violates the federal Internet Tax Freedom Act.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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COMPANIES IN TODAY'S NEWS

Affinity

Amazon.com Inc.

American Bar Association

Apple Inc.

Archer-Daniels-Midland Co.

Arthrex Inc.

Audi AG

Barclays PLC

Becton Dickinson & Co.

ByteDance Ltd.

Caesars Entertainment Inc.

Cloverleaf Infrastructure

Corinthian Colleges, Inc.

Cushman & Wakefield Inc.

Dragoneer Investment Group LLC

Dropbox Inc.

Dubai International Financial Centre

Electronic Arts Inc.

Faiveley Transport SA

Ferrari SpA

Gemspring Capital

George Washington University

Google LLC

Instagram Inc.

Law School Admission Council Inc.

LinkedIn Corp.

Lockheed Martin Corp.

Los Angeles Lakers

Major League Soccer LLC

Medtronic PLC

Meta Platforms Inc.

NVIDIA Corp.

Network Rail Ltd.

New York University

Peacock TV

Peel Ports Ltd.

Quince

SB Energy Corp.

Santander Holdings USA Inc.

Smith & Nephew plc

SoftBank Group Corp.

SolarWinds Corp.

Solicitors Regulation Authority Ltd.

Stena Line Group

TA Associates Management LP

Tesla Inc.

The Florida Bar

The Walt Disney Co.

TikTok Inc.

TripAdvisor Inc.

Trump Organization Inc.

U.S. Bancorp

Venus Aerospace Corp.

Vodafone Group PLC

Volkswagen AG

Webster Financial Corp.

Zumba Fitness LLC

easyJet plc

LAW FIRMS IN TODAY'S NEWS

Ashurst Perkins

Baker & Hostetler

Ballard Spahr

Beale & Co. Solicitors

Burges Salmon

CJ Jones Solicitors

Charles Russell Speechlys

Cleary Gottlieb

Clifford Chance

Clyde & Co

Conti Levy

Cooley LLP

Covington & Burling

Cramer & Anderson

DAC Beachcroft

DLA Piper

DWF LLP

Davis Wright Tremaine

Devonshires Solicitors

Eversheds Sutherland

Farrell & Fuller

Fenwick & West

Fieldfisher

Finnegan

Freshfields

Gibson Dunn

Goodwin Procter

Hedin LLP

Hengeler Mueller

Herrick Feinstein

Hogan Lovells

Holland & Knight

Howard Kennedy LLP

Jon L. Schoenhorn & Associates

Jones Day

Kennedys Law LLP

Keoghs LLP

Keystone Law

Kirkland & Ellis

Latham & Watkins

Lewis Silkin

McDermott Will & Schulte

McGuireWoods

Meyer Darragh

Mills & Reeve

Motley Rice

Munger Tolles

Norton Rose

Orrick Herrington

Paul Hastings

Peters & Peters Solicitors

Pillsbury Winthrop

Reed Smith

Reynolds Porter

Ropes & Gray

Squire Patton

Stephensons Solicitors LLP

Stevens & Bolton

Troutman

Wachtell Lipton

Weightmans LLP

Wiley Rein

Womble Bond

gunnercooke LLP

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Civil Rights Department

Companies House

Delaware Court of Chancery

European Union

Executive Office of the President

Federal Bureau of Investigation

Federal Communications Commission

Federal Deposit Insurance Corp.

Federal Reserve Bank of New York

Federal Reserve System

Federal Trade Commission

Florida Supreme Court

HMRC

Los Angeles Superior Court

Michigan Supreme Court

New Jersey Supreme Court

New York Attorney General's Office

U.S. Attorney's Office for the District of Nevada

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of State

U.S. District Court for the District of Columbia

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Northern District of New York

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

United States District Court for the District of Nevada