Fried Frank Helps CVC Raise $10B For Secondary PE Fund

By Irene Madongo

Investment manager CVC revealed on Thursday the final close of its sixth global secondary private equity fund, saying it has secured capital commitments of $10 billion.

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Freshfields, V&E Guide Flex's $4.4B EPC Power Deal

By Jade Martinez-Pogue

Freshfields LLP-led manufacturing company Flex on Thursday unveiled plans to acquire EPC Power, advised by Vinson & Elkins LLP, in a $4.4 billion deal.

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Australian Mineral Biz To Go Public Via $500M SPAC Deal

By Jade Martinez-Pogue

Australian mineral exploration company NT1 Pty Ltd. said Thursday that it will go public in the U.S. by merging with special purpose acquisition company Plutonian Acquisition Corp. II, in a deal that gives NT1 an estimated enterprise value of $500 million.

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Deals Rumor Mill

KKR Buying Garage Door Co. In $2B Deal, Plus More Rumors

By Jade Martinez-Pogue

Private equity firm KKR agreed to acquire garage door repair company A1 Garage Door in a $2 billion deal, Advent International is seeking out more healthcare deals in Australia and New Zealand, and TPG filed confidential plans for an estimated $2.5 billion Malaysian initial public offering of hospital assets.

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SEC Moves To Scrap 'Pay-To-Play' Political Donation Rule

By Lauren Berg

The U.S. Securities and Exchange Commission on Thursday issued a proposal to rescind a rule regarding political contributions made by investment advisers, which agency Chair Paul Atkins called "overly prescriptive."

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Leon Black Says 'Intrusive' Epstein Subpoenas Are Invalid

By Lauren Berg

Rather than appear for a deposition about his connection to child sex offender Jeffrey Epstein, Apollo Global Management co-founder Leon Black sued the House Committee on Oversight and Government Reform and its chairman in Washington, D.C., federal court Thursday, saying subpoenas seeking private nondisclosure agreements exceed the committee's authority.

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Brief

Invesco Funds Settle In Serta Uptier Ch. 11 Appeal

By Clara Geoghegan

Invesco-managed funds reached a confidential settlement, ending appeals of a Texas bankruptcy judge's decision that Serta Simmons lenders excluded from a debt restructuring deal are owed $400 million.

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Pool Co. Investor Says Brass Hid $150M Inventory Glut

By Jarek Rutz

Pool equipment maker Hayward Holdings Inc. and current and former directors breached their fiduciary duties by concealing an inventory glut and weakening demand while continuing to portray the business as strong, according to a stockholder's complaint in Delaware Chancery Court.

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Sheppard Adds To Corporate Bench In Dallas, London

By Lynn LaRowe

Sheppard announced Thursday it has added a corporate partner in Dallas from McDermott Will & Schulte and a corporate partner in London from Simmons & Simmons LLP.

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Prepping Health Businesses For Sale In A Data-Driven Market

In a thinner market for healthcare transactions, with both regulators and buyers using artificial intelligence to inspect data in great detail, the margin for error in sellers' financials and legal diligence has narrowed, requiring more proactive compliance efforts, says Cody Dumas at FBFK Law.

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Series

Ballet Makes Me A Better Lawyer

A lifetime of learning and performing ballet taught me that success — whether in dance or practicing law — comes only through hours of thorough preparation, boundless energy and relentless effort, says Sharon Katz-Pearlman at Greenberg Traurig.

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Senior Lawyers Survey: Tell Us About Your Career

How are senior lawyers adapting to evolving career paths and emerging technologies? Share your perspective in this five-minute survey.

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Legal Sector Hiring Grows For 5th Month, But At Slower Pace

By Rachel Rippetoe

The legal sector saw 600 more jobs in August, growing for the fifth consecutive month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics. 

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3rd Circ. Revives Malpractice Claim Against Kirkland Atty

By Emily Sawicki

A New Jersey divorcee may once again pursue a legal malpractice claim against a Kirkland & Ellis LLP attorney who she said lost her millions by mishandling estate documents, after the Third Circuit found it could be possible to link her alleged damages to the lawyer's work.

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Quinn Emanuel DQ'd In Defamation Case Over Stock Reports

By Lynn LaRowe

A Texas federal court on Friday booted Quinn Emanuel Urquhart & Sullivan LLP from representing a Hong Kong manufacturing company in its defamation lawsuit against investment research service Muddy Waters LLC after finding that the law firm had received relevant confidential information when it represented Muddy Waters in a related government probe.

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DC Panel's Rare Rebuke Over AI Errors Flags Rules Gap

By Andrea Keckley

A D.C. appellate court panel issued a rare sua sponte sanctions order on Thursday after finding nonexistent case citations in a brief filed by a McCabe Weisberg & Conway LLC attorney representing Deutsche Bank National Trust Co. in a foreclosure action, noting an apparent gap in the rules governing the court's sanctions authority.

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Motley Rice Founder Remembered As Titan Of Mass Tort Bar

By Adrian Cruz

Motley Rice LLC co-founder Joseph F. Rice, who died Thursday, was remembered by former colleagues and friends as a "transformational" attorney and "giant in the civil litigation bar" who spent decades working on some of the most high-profile mass torts and obtaining landmark asbestos, opioid and tobacco settlements.

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Sinema Can't Duck Suit Over Affair With Ex-Security Guard

By Y. Peter Kang

A North Carolina federal judge Friday denied former U.S. Sen. Kyrsten Sinema's bid to escape the suit brought by the ex-wife of a former member of her security detail with whom she allegedly had an affair, saying the district court indeed has the authority to adjudicate the case.

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Roundup

Injury Law Roundup: Meta's Social Media Addiction Deal

By Y. Peter Kang

A $17.1 billion social media addiction settlement between Meta and 29 states and Johnson & Johnson's $5.5 billion ovarian cancer deal over its talc products lead Law360's Injury Law Roundup.

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Law360's Legal Lions Of The Week

By Kevin Penton

Morgan Verkamp LLC and Sparacino PLLC lead this week's edition of Law360 Legal Lions, after the Eleventh Circuit held that the False Claims Act's qui tam provisions do not violate the appointments clause of the U.S. Constitution.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Attorneys and academics differ over whether the moves by Meta's in-house lawyers ahead of its $17 billion settlement over claims its content harmed children were legal missteps or defensible efforts to manage litigation risk. And the co-founders of a partner-only law firm told Law360 Pulse how their technology reduces intake, billing and other nonbillable tasks that attorneys would normally perform. These are among the stories in corporate legal news you may have missed in the past week.

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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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