Apollo, KKR Partner With Atlantic Aviation At $10B Valuation

By Jade Martinez-Pogue

Private equity giants KKR, advised by Kirkland & Ellis LLP, and Apollo, led by Paul Weiss Rifkind Wharton & Garrison LLP, on Thursday unveiled a strategic partnership to support the growth of private aviation infrastructure platform Atlantic Aviation in a deal that values the company at close to $10 billion.

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Satellite Comms Biz To Go Public Via $1B SPAC Merger

By Jade Martinez-Pogue

Satellite communications company Astrum Space Inc. on Thursday revealed plans to go public by merging with special purpose acquisition company Black Spade Acquisition III Co. in a deal that gives Astrum an equity value of roughly $1 billion.

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Moody's Sees More Room To Grow For Private Credit In CRE

By Nate Beck

Moody's said in a new report that private credit has taken on more risk and added more complexity to financing structures since traditional lenders pulled back on commercial real estate investments amid a rise in interest rates starting in 2022.

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Dems Want DOJ, FTC To Look At Sysco's $29B Jetro Buy

By Gina Kim

Two Democratic lawmakers called on the U.S. Department of Justice and the Federal Trade Commission on Wednesday to closely inspect Sysco Corp.'s plans to buy competitor Restaurant Depot LLC aka Jetro Restaurant Depot at a total enterprise value of $29.1 billion, warning in a letter the transaction could hurt independent restaurants, farmers and Americans who "are already facing an affordability crisis."

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Silver Lake Urges Chancery To Toss $1.7B Zuora Deal Suit

By Jarek Rutz

Silver Lake Group LLC and Zuora Inc. founder Tien Tzuo urged the Delaware Chancery Court on Thursday to throw out a stockholder suit challenging their $1.7 billion take-private deal, arguing the sale was protected by an independent special committee and an informed stockholder vote.

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JLL Arranges $856M In Loans For $1.3B Boston Tower

By Isaac Monterose

JLL Capital Markets has arranged $856 million worth of loans for its developer client Millennium Partners, which needed the financing for the residential and office areas of its $1.3 billion, 823,856-square-foot Winthrop Center skyscraper in downtown Boston, JLL announced.

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Deals Rumor Mill

SoftBank Weighs Big Bet On Humanoid Maker, And More

By Al Barbarino

SoftBank is looking to acquire a majority stake in humanoid robotics developer 1X Technologies at a $6 billion valuation, investment bankers are shopping Warner Bros. Discovery assets around as Paramount Skydance seeks potential remedies in its effort to complete its $110 billion acquisition of the media company, and Vanguard Group is set to acquire fintech platform Altruist for around $4 billion.

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Del. Ruling Clarifies Public Benefit Corp. Fiduciary Duties

In Drakes Landing v. Tilden Park, the Delaware Court of Chancery recently provided landmark guidance for directors of Delaware public benefit corporations on the fiduciary duties they owe, highlighting that change-of-control transactions may now be protected from challenge under the state's 2025 safe harbor amendments, say attorneys at Richards Layton.

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Series

Taekwondo Makes Me A Better Lawyer

Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work as a bankruptcy lawyer, mediator and Subchapter V trustee, says Amy Denton Mayer at Berger Singerman.

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McDermott Closing Health Policy Shop In DC

By Alison Knezevich

McDermott Will & Schulte is closing its healthcare lobbying and consulting shop after a dozen years in business.

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Feature

Rachael Rollins Pitches Scandal As Asset In Comeback Bid

By Taylor Bowie

Rachael Rollins rode a progressive wave to become Suffolk County's district attorney in 2019. After a scandal derailed her stint as Massachusetts U.S. attorney, she's trying to win her old DA post back, and leaning into her alleged ethical missteps as a resume boost.

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Calif. County Judges Recuse From Bias Suit Against DA's Office

By Patrick Hoff

The entire bench of a county court recused itself from a lawsuit alleging the San Francisco District Attorney's Office didn't take appropriate action when a Black employee reported a colleague's use of a racial slur, pushing the trial in the decade-old case to early October.

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'Exemplary Performance' Earns Google Users' Attys $146.8M

By Bonnie Eslinger

A California federal judge Friday awarded plaintiffs' attorneys $146.8 million in fees after they secured a $425 million jury verdict against Google LLC in a privacy class action covering about 98 million people, calling the one-third fee award "extraordinary" but justified given their "exemplary performance."

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House Eyes Vote To Lock Supreme Court At 9 Justices

By Courtney Bublé

The House returns from recess on Monday, and its agenda could include a vote to keep the number of U.S. Supreme Court justices at nine.

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Trump Denied New Bid To Federalize Hush Money Prosecution

By Pete Brush

A New York federal judge on Friday again denied President Donald Trump's bid to move his criminal hush money conviction out of state court, finding as he did earlier that a federal law defense that Trump was operating in his official capacity would be meritless.

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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 shoe brand Crocs bring an appeal against the chief executive of the U.K.'s Intellectual Property Office, singer Alanis Morissette sued by the former head of operations at Live Nation Israel and the son of convicted fraudster Guo Wengui file an appeal against the Chapter 11 trustee controlling his father's bankruptcy estate. 

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

KKR will pay a $250 million civil penalty to end allegations that it hid key documentation and entire transactions for merger notification. In the meantime, Apple told an Illinois federal judge that a recent Seventh Circuit decision affirming Samsung's win in a biometric privacy suit means the tech giant should prevail over similar claims. These are among 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

WilmerHale leads this week's edition of Law360 Legal Lions, after a California federal judge held that the U.S. Department of Defense's designation of Anthropic PBC as a supply chain risk to national security was retaliation for the company's public criticism of the Trump administration.

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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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