Davis Polk & Wardwell LLP-advised private equity shop Ara Partners on Tuesday revealed that it closed its inaugural energy fund after securing $2.5 billion of capital commitments.
Davis Polk & Wardwell LLP-advised private equity shop Ara Partners on Tuesday revealed that it closed its inaugural energy fund after securing $2.5 billion of capital commitments.
The court-appointed monitor for private equity firm Broad Street Global Management LLC testified Tuesday that he is concerned about more than 600 investors in the $1 billion fund who asked to redeem their investments in cash but have yet to receive their money nearly five months after the deadline.
An aerospace and defense company was hit with a proposed securities class action in Colorado federal court Monday alleging the company misrepresented its performance and hid the government's decision to pull funding, leading to the company's stock value plummeting to more than 80% below its IPO price.
Paul Hastings LLP-led private investment firm Monomoy Capital Partners on Tuesday announced that it wrapped its inaugural Family Fund with $589 million in tow.
Britain's antitrust regulator invited comments Tuesday on whether local medical device maker Intersurgical's proposed $530 million acquisition of two businesses could harm competition in U.K. markets.
A Los Angeles man is suing a management company and its owner, alleging they duped him into investing $1.15 million into a cannabis venture, but he never saw repayment, and the owner eventually left him as the sole owner of the defunct business without consulting him.
U.S. Supreme Court Justice Elena Kagan criticized her conservative colleagues' approach to deciding election law cases Tuesday, saying they often rule without considering the real-world consequences of their decisions.
A coalition of 61 retired federal judges has admonished the U.S. Department of Justice for filing a complaint against federal judges in Minnesota for speaking to a newspaper about the Trump administration's immigration crackdown in their state.
Law firm Polsinelli PC has asked a Tennessee federal judge to sanction a medical device company for advancing what it says were "knowingly false and materially incomplete" positions in a suit accusing the firm of pursuing bad faith patent infringement claims on behalf of a client.
The Fifth Circuit ordered a new trial Friday for a woman who was halted while speaking at a Louisiana local council meeting, saying defense lawyers for two council members threw "a skunk into the jury box" with a bevy of improper maneuvers.
The U.S. Department of Justice on Tuesday announced the creation of a whistleblower incentive program offering up-front monetary awards for tips that lead to criminal fraud charges.
A Florida attorney was arrested Tuesday on charges of using his legal bona fides to help run two Ponzi schemes that swindled investors out of nearly $2 million, according to the U.S. Department of Justice.
A former New Orleans personal injury attorney has been sentenced to 32 months in prison for his role in a scheme to fake vehicle accidents with tractor trailers and other commercial vehicles so he could pursue lawsuits and extract settlements.
