Blackstone-Led Group Invests $5.3B In Pipeline Co. Williams

By Jade Martinez-Pogue

Williams, a pipeline operator represented by Davis Polk & Wardwell LLP, announced Monday it has secured a roughly $5.3 billion investment from a partnership of private equity sponsors led by Blackstone Credit & Insurance, which is advised by Kirkland & Ellis LLP, to support the development of five power production projects.

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Strategics Dominated N. America Dealmaking In 1st Half Of '26

By Al Barbarino

Corporate buyers seized a record share of North American dealmaking in the first half of 2026, powering a surge in M&A volumes while private equity activity pulled back amid higher financing costs and valuation gaps, according to a Mergermarket report. 

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Kirkland-Led Warren Wraps $2.8B 5th Fund

By Jade Martinez-Pogue

Infrastructure solutions investor Warren Equity Partners Manager LP, led by Kirkland & Ellis LLP, on Monday revealed that it closed its fifth fund with $2.8 billion of investor commitments.

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3 Firms Steer $1.6B Sale Of Industrial Distributor FloWorks

By Al Barbarino

Ferguson Enterprises said Monday it has agreed to acquire industrial flow-control distributor FloWorks from private equity firm Wynnchurch Capital in a deal valuing FloWorks at about $1.6 billion, about 3½ years after Wynnchurch acquired the business.

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$725M Liquid Nails Deal Would Harm Market, FTC Tells Judge

By Pete Brush

Loctite maker Henkel's planned $725 million acquisition of Liquid Nails would create a construction adhesives market behemoth with a "staggering" 80% retail share, the Federal Trade Commission told a Manhattan federal judge Monday as it challenges the deal.

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TransDigm Won't Go Head To Head With DOJ On Stellant Deal

By Nadia Dreid

Aircraft parts maker TransDigm has abandoned its $960 million plan to buy private equity-owned Stellant Systems after the U.S. Department of Justice told the companies it planned to take the matter to court if they decided to go through with it.

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FTC Secures $12M Settlement Over Edwards-JC Medical Deal

By Jared Foretek

California-based Edwards Lifesciences and Singapore's Genesis Medtech agreed to pay a combined $12 million to settle claims from the Federal Trade Commission that Edwards attempted to evade the Hart-Scott-Rodino notification and waiting period when it acquired medical device maker JC Medical from Genesis in 2024.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week handled disputes involving corporate control, post-closing competition, executive departures, arbitration awards and shareholder litigation.

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Vodka Co. Looks To Block Golf Tour's Use Of 'LIV' Trademark

By Alex Lawson

A New York distillery has asked a federal judge to scuttle the formerly Saudi-backed golf tour's use of the "LIV" trademark for alcohol sales, arguing that the tour is threatening to diminish its brand.

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Pot Co. Dismissal Fight In Del. Turns On Director Releases

By Jarek Rutz

Investors suing cannabis company Parallel urged the Delaware Chancery Court on Monday to deny motions to dismiss their derivative suit, arguing that directors compromised their independence by granting themselves sweeping liability releases, while defense counsel countered that the releases provided no meaningful benefit beyond existing charter protections.

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NC Co.'s $9.8M Indemnity Payment Not Covered, Insurers Say

By Hope Patti

A building products manufacturer is not entitled to coverage after reimbursing its financial adviser $9.8 million for defense and settlement costs incurred in litigation over a take-private transaction, the company's excess directors and officers insurers told a North Carolina federal court.

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BlackRock's Mutual Fund Accounting Inflated Fees, Suit Says

By Lauren Berg

Asset manager BlackRock Inc.'s accounting practices artificially inflated the values of more than 70 of its mutual funds, saddling investors with higher management fees and cutting into the dividends they might have collected, according to a proposed class action lodged Monday in New York state court.

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Simpson Thacher Adds Insurance Trio From 2 Firms

By Andrea Keckley

Simpson Thacher & Bartlett LLP announced Monday that it has brought two Clifford Chance LLP attorneys and one Mayer Brown LLP attorney to its mergers and acquisitions practice, touting their experience in insurance M&A, reinsurance, private equity-backed insurance transactions and complex regulatory matters.

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McDermott Hires Weil Dealmaker In NY To Co-Head PE Group

By Tracey Read

McDermott Will & Schulte LLP announced Monday that it has hired a private equity attorney to co-head its global private equity group in a move that matches the firm's ambitions for its new state-of-the-art midtown Manhattan office.

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Fiduciary Duty Risks In Continuation Vehicle Transactions

Continuation vehicle transactions have become prominent in private equity, but conflicts may arise due to transaction structures and implicate fiduciary duties, with a recent Delaware case highlighting several procedural considerations for sponsors, say attorneys at Debevoise.

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Future Of Fed Independence Shaky After Justices' Ruling

The U.S. Supreme Court's recent ruling in Trump v. Cook preserved the Federal Reserve's formal independence but could invite the president to remove board members with just modest protections, leaving the central bank's autonomy uncertain and potentially setting up fresh clashes over other agencies, says Steven Schwinn at the University of Chicago.

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Judge Newman Won't Reopen High Court Suspension Battle

By Theresa Schliep

Federal Circuit Judge Pauline Newman did not ask the U.S. Supreme Court to reconsider her bid to save a suit against her fellow judges for suspending her from the bench over her refusal to undergo medical tests.

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Jackson Walker Settlements Over Judge Romance Get Greenlit

By Emma Cueto

A Texas bankruptcy judge has recommended approval of nine settlements regarding legal fees paid to Jackson Walker LLP connected to a former firm partner's romantic relationship with a then-bankruptcy judge, with the firm agreeing to pay $4.79 million in total, including $1.4 million to the estate of J.C. Penney.

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Trump-IRS Settlement Result Of Sham Suit, Judge Rules

By Jack McLoone

President Donald Trump's $10 billion suit against his own Internal Revenue Service and the resulting settlement deal lacked a legitimate controversy, given Trump's control over both the agency and the U.S. Department of Justice, a Florida district judge said Monday in an order barring Trump or others from citing the deal.

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Wells Fargo's $50M Deal In Atty's Ponzi Scheme Gets 1st OK

By Gina Kim

Wells Fargo will pay $50 million to settle a proposed class action alleging it knowingly helped a Las Vegas attorney run a multimillion-dollar Ponzi scheme deceiving investor victims into fronting money for borrowers awaiting personal injury settlement payouts, according to a preliminary approval order issued in Nevada federal court.

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Mass Tort Firms Hit With Suit Over AI Solicitation Calls

By Lynn LaRowe

A Michigan-based mass tort law firm and a pair of affiliate firms are violating federal and Texas state laws through an artificial intelligence-generated telemarketing campaign meant to solicit clients, according to a putative class action filed in Texas federal court.

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Senate Confirms SDTX Judge Pick Tied To Gun Group

By Courtney Bublé

The Senate voted 46-44 Monday evening to confirm Executive Assistant U.S. Attorney Arthur "Rob" Jones as a U.S. district judge to serve on the Southern District of Texas bench.

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Blanche Hearing To Proceed After Graham's Death

By Courtney Bublé

The Senate Judiciary Committee will still hold the confirmation hearing for Todd Blanche's nomination to be attorney general on Wednesday, despite the death of committee member Sen. Lindsey Graham, R-S.C., over the weekend. 

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