Revolut Clinches $75B Valuation In Latest Share Sale

By Dawood Fakhir

International digital bank Revolut said Monday that it has reached a valuation of $75 billion after completing a share sale which involved investors including U.S. firm Coatue Management LLC and chips behemoth Nvidia.

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X-energy Raises $700M To Expand Nuclear Reactor Projects

By Jade Martinez-Pogue

Nuclear reactor maker X-energy Reactor Company LLC, advised by Latham & Watkins LLP, on Monday revealed that it wrapped its latest funding round after receiving $700 million from investors.

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Smith Ventures, CommerceOne Buy Fintech Biz In $1.1B Deal

By Jade Martinez-Pogue

Fintech company Green Dot Corp. on Monday announced that it has agreed to be bought by Smith Ventures and CommerceOne Financial Corp. in deals that total $1.1 billion and were built by three law firms.

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Digital-Focused SWB To Go Public Via $8.1B SPAC Merger

By Aislinn Keely

Financial services firm SWB announced Monday that it plans to go public through an $8.1 billion business combination deal shepherded by teams at Sichenzia Ross Ference Carmel LLP and Ellenoff Grossman & Schole LLP, which will lay the foundation for the firm's plans to issue a stablecoin and launch a novel international bank.

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FTC Abandons In-House GTCR Merger Case After Court Loss

By Matthew Perlman

The Federal Trade Commission formally dropped its administrative case challenging GTCR BC Holdings LLC's acquisition of a medical coatings supplier after an Illinois federal judge refused to put the deal on hold.

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Justices Won't Hear Dispute Over So-Called Ch. 11 Double Dip

By Rick Archer

The U.S. Supreme Court on Monday said it will not hear arguments on whether a Texas bankruptcy judge allowed unsecured creditors to double-dip on their recoveries when he handed them control of bankrupt oil driller Sanchez Energy.

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Phoenix Suns Minority Owners Lob Mismanagement Claims

By Lauren Berg

Minority owners of the NBA's Phoenix Suns on Monday filed counterclaims of mismanagement and misconduct in a Delaware Chancery Court suit brought by majority owner Mat Ishbia, alleging he has "decimated the company's finances" since purchasing the team in 2023 while refusing to disclose the terms of significant transactions.

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8th Circ. Won't Force Judge's Recusal In Pork Price-Fixing Case

By Matthew Perlman

The Eighth Circuit has denied a mandamus petition from Agri Stats Inc. and major pork producers who are seeking a Minnesota federal judge's recusal in price-fixing litigation based on a law clerk's previous work on a related case.

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Fried Frank Atty To Lead Fund Finance At Gibson Dunn

By Andrea Keckley

Gibson Dunn & Crutcher LLP announced Monday that it has tapped a former Fried Frank Harris Shriver & Jacobson LLP attorney to serve as head of fund finance, calling him "a market leader in structuring and executing complex rated note feeder and collateralized fund obligation transactions."

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Series

The Law Firm Merger Diaries: Making The Case To Combine

When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.

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Bonus Spotlight

5 BigLaw Firms Match Prevailing Year-End, Special Bonuses

By Anna Sanders

BigLaw continues to dole out extra cash for attorneys just in time for the holidays, with five more firms matching the year-end and special bonuses previously announced by their peers.

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Feds' Claim Against Judge Weighing Trans Troops Ban Tossed

By Lauren Berg

The D.C. Circuit's chief judge tossed the U.S. Department of Justice's misconduct complaint against the federal judge overseeing litigation challenging the Trump administration's ban on transgender troops serving in the military, saying judicial misconduct proceedings are not the appropriate avenue to address concerns about a judge's impartiality.

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Comey, James Defeat Charges Over Halligan's Appointment

By Ryan Boysen

A federal judge on Monday dismissed the headline-grabbing indictments of former FBI Director James Comey and New York Attorney General Letitia James, finding the controversial prosecutor handling both cases was not properly appointed.

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Calif. Personal Injury Law Firm Sued Over Ransomware Attack

By Gina Kim

A former Adamson Ahdoot LLP client lodged a proposed class action in California state court on Friday over a Nov. 3 ransomware attack, alleging the law firm failed to protect his personal information despite touting on its website that it follows industry standards to do so.

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Feature

Prep, Panic & Poise: Inside An Associate's First Oral Argument

By Jeff Overley

Fraser M. Holmes followed a long professional path to a Texas court's lectern. He'd been a baseball blogger, travel writer and social studies teacher before appellate law beckoned. After years of toil, a milestone moment — his first oral argument — finally arrived, but as justices took the bench, his heart sank: "Oh, my God. I think I've just forgotten my entire argument."

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Google Calls Rumble's Recusal Bid Irrelevant To Its Appeal

By Andrea Keckley

Google is urging the Ninth Circuit to disregard concerns Rumble has raised about the trial judge's relationship with the tech giant's litigation vice president, saying Friday that the information is irrelevant to the YouTube rival's appeal of the court's ruling that its antitrust lawsuit was filed too late.

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Oversight Chair Seeks USPTO Briefing On Litigation Funding

By Courtney Bublé

U.S. Rep. James Comer, R-Ky., chair of the House Oversight and Government Reform Committee, is seeking a briefing by the end of the month from the U.S. Patent and Trademark Office on third-party litigation funding and reforms the agency is working on.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week delivered a packed mix of fraud allegations, merger fallout, corporate-governance reforms and jurisdictional fights, while a new academic report ignited debate over attorney fee awards in Delaware's influential corporate forum.

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