Asset management giant Blackstone said Wednesday it has raised €13 billion ($14.6 billion) for lending to middle- and upper-middle-market borrowers in Europe, highlighting strong demand for private credit across the bloc.
Asset management giant Blackstone said Wednesday it has raised €13 billion ($14.6 billion) for lending to middle- and upper-middle-market borrowers in Europe, highlighting strong demand for private credit across the bloc.
Litigation funders can rest easy, for now, and the U.S. Chamber of Commerce will need to rethink its approach after last night's midterm elections saw Democrats rout Republicans, scrambling a yearslong effort for federal regulation of litigation finance that's so far relied on Republicans.
Gibson Dunn is set to hire the U.S. and London-based private funds teams from Weil Gotshal & Manges LLP, bringing on 120 attorneys in the largest group move reported since Weil's management committee recommended last week that the firm wind down operations.
Baker McKenzie-advised Helen of Troy said Wednesday it has rejected an unsolicited $1.6 billion buyout offer made public earlier in the day by Empower Brands, which is being represented by Davis Polk & Wardwell LLP.
A Florida state court trial commenced Wednesday in a dispute involving a company licensed to sell Mike Tyson-brand cannabis products, with former business partners telling jurors differing accounts on whether a valid agreement splitting ownership was formed.
A lender urged the Delaware Supreme Court on Wednesday to revive its claim to $20.4 million in security interests tied to loans to collapsed technology company Bitwise Industries, saying a contract protected it even if the company's executives lacked authority to pledge real estate as collateral.
Paul Hastings LLP-advised autonomous aviation company Dronamics on Wednesday unveiled plans to go public by merging with special purpose acquisition company GP-Act III Acquisition Corp., led by Skadden Arps Slate Meagher & Flom LLP, in a deal that boasts an implied pro forma enterprise value of $500 million.
Private equity company PAI Partners said Wednesday it will acquire Elemis to fast-track the British skin care brand's expansion in the U.S. and boost its reach online.
A recent Delaware Court of Chancery suit concerning Nvidia's acquihire of certain Groq employees highlights that when such deals are challenged, the economic dispute turns on reconciling technology, people, cash and continuing ownership rather than on the headline number, says Ben Dubin at VC Expert Services.
A public database tracking cases involving hallucinations generated by artificial intelligence recently surpassed 2,200 entries, but the bigger risk underlying attorneys’ use of such tools is that they will slowly surrender their judgment to AI and lose analytical skills, says Massachusetts District Court Associate Justice Brian Palmucci.
Democrats are poised to oversee a majority of state attorneys general offices around the country after Tuesday's elections saw the party hang on to all of its existing seats and flip control of five offices from the Republicans, according to unofficial election results.
Former SCOTUSblog publisher Tom Goldstein was hit with a $1 million forfeiture order Wednesday by a Maryland federal judge in the wake of his tax and mortgage fraud trial, where the appellate advocate was convicted on a dozen charges.
From BigLaw attorneys and solo practitioners to university professors, thousands of attorney volunteers turned out for Tuesday's midterm elections to ensure American voters' ballots would be counted.
Trump advisor Boris Epshteyn will answer for himself why he has allegedly been evading subpoenas in the American Bar Association's legal challenge to the administration's law firm targeting campaign, the U.S. Department of Justice said on Wednesday.
Holland & Hart LLP and two of its attorneys were accused of malpractice in Colorado state court Tuesday by a former client who claims the attorneys failed to inform her that a wealth transfer plan with her then-husband left her iced out of the couple's most valuable asset.
The National Crime Victim Law Institute has accused the U.S. Department of Justice in the U.S. Court of Federal Claims of unlawfully terminating a $500,000 cooperative agreement aimed at strengthening legal support for disabled crime victims in the wake of an executive order against diversity, equity and inclusion programs.
The 2026 midterm elections included bids for office by several former U.S. Department of Justice officials and nominees for the federal bench, with one race a dead heat and several others decided as of early Wednesday.
