3 Firms Steer Talen's $3.45B Natural Gas Assets Buy

By Jade Martinez-Pogue

Independent power producer Talen Energy Corp. on Thursday announced plans to acquire a trio of assets from energy-focused investment firm Energy Capital Partners, in a $3.45 billion cash-and-stock deal that will add 2.6 gigawatts of natural gas generation capacity to Talen's portfolio.

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Playlist, EGYM Merging To Create $7.5B Wellness Platform

By Al Barbarino

Fitness and wellness company Playlist has agreed to merge with German fitness technology company EGYM in a deal that will value the combined business at $7.5 billion, the companies announced Thursday.

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HIG Capital Clinches €1.6B European-Focused PE Fund

By Jade Martinez-Pogue

Private equity shop H.I.G. Capital, advised by McDermott Will & Schulte, on Thursday announced that it wrapped its fourth European-focused fund after raising €1.6 billion ($1.9 billion) of investor commitments.

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Simpson Thacher Guides New Mountain's $1.2B Fund Close

By Isaac Monterose

New Mountain Capital LLC, guided by Simpson Thacher & Bartlett LLP, has closed its second noncontrol private equity fund with $1.2 billion raised, aiming to use the funds to target companies in industries such as healthcare technology and life sciences, the alternative investment firm announced on Thursday.

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SEC Taps Ex-BlackRock, GSA Atty To Be General Counsel

By Sarah Jarvis

The U.S. Securities and Exchange Commission announced Thursday a former BlackRock senior attorney and U.S. General Services Administration top lawyer will be its next general counsel, as the agency gets underway with a regulatory agenda that prioritizes easing administrative burdens and facilitating capital formation.

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Chancery Tosses Vividion IP Suit Over $2B Bayer Deal

By Jarek Rutz

The Delaware Chancery Court on Thursday dismissed a biotech investor's suit accusing the co-founder of Vividion Therapeutics Inc. and others of diverting valuable intellectual property ahead of the company's $2 billion sale to Bayer Corp., finding the alleged misconduct could not have affected the merger price or process under Delaware law.

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Google Worker In IP Theft Trial Impersonated Exec, Jury Hears

By Bonnie Eslinger

An ex-Google engineer accused of stealing artificial intelligence trade secrets to help China used a fake email account to impersonate a Google vice president that he'd listed as a business reference, and also had voice modification software on his computer, an FBI agent told jurors Thursday.

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Getty Loses 2nd Circ. Bid Over $88M Stock Sale Breach Order

By Jessica Corso

A divided Second Circuit on Thursday upheld a ruling requiring Getty Images to pay out nearly $88 million to investors who said they were blocked from purchasing shares in the company once it became public, finding Getty breached a contract promising the investors those shares.

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DOL's Benefits Arm Describes New Enforcement Focus

By Kellie Mejdrich

The U.S. Department of Labor's employee benefits arm Thursday outlined a shift in its enforcement priorities, including by ending a focus on employee stock ownership plans.

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Oxford Biomedica Attracts Approach From PE Group EQT

By Tom Fish

Biotechnology company Oxford Biomedica PLC has said that it received an unsolicited approach from a Swedish private equity group, EQT AB, that could lead to a possible cash offer.

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Digital Infrastructure Biz Nets $240M For Data Center Expansion

By Isaac Monterose

Digital infrastructure company DC Blox obtained $240 million worth of holdco financing in order to support the company's plan to expand hyperscale data centers, the company announced Thursday.

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Carlyle Among Bidders For Lukoil Assets, Plus More Rumors

By Jade Martinez-Pogue

Private equity giant Carlyle is among a group of bidders reportedly looking to grab hold of $22 billion worth of Russia's Lukoil assets; Canadian oil and gas company Canadian Natural Resources is looking to acquire Tourmaline Oil Corp.'s $1 billion portfolio of natural gas properties; and Nvidia rival Cerebras eyes a $22 billion valuation after a planned $1 billion funding round.

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2 OFAC Sanctions Actions Highlight PE Compliance Risk

Recent Office of Foreign Assets Control enforcement actions against two private equity firms for facilitating sanctioned persons' access to the U.S. financial system underscore the need for nonbank financial institutions' compliance programs to consider the sanctions risk of their investors, including indirect dealings with blocked persons, say attorneys at Paul Weiss.

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Easing Equity Research Firewall Shows SEC Open To Updates

The U.S. Securities and Exchange Commission’s recent agreement to modify a decades-old settlement meant to limit investment bankers’ influence over research analysts within major broker-dealer firms reflects a shift toward a commission that recognizes how rules can be modernized to lighten compliance burdens without eliminating core safeguards, say attorneys at Ropes & Gray.

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4 Ways GCs Can Manage Growing Service Of Process Volume

As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.

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Series

Fly-Fishing Makes Me A Better Lawyer

Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.

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Law360 Names Practice Groups Of The Year

Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2025, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.

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Analysis

In First Year, Trump Lost Most Cases But Often Won Appeals

By Cara Bayles

In the first year of President Donald Trump's second term, his administration lost in court nearly twice as often as it won, but its success rate increased when it appealed, according to a Law360 review of more than 400 lawsuits.

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Kirkland, Ex-Judge Hit With Class Action Over Texas Romance

By Hilary Russ

An investment firm is suing Kirkland & Ellis LLP, an ex-judge, two other law firms and a lawyer for allegedly fomenting "mass corruption" in Houston's bankruptcy court and colluding to enrich themselves by controlling the outcome of large Chapter 11 cases.

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Womble Bond Expands With 36-Person McGlinchey Team

By Tracey Read

Womble Bond Dickinson announced Friday it has added a 36-member consumer financial services team from the shuttering McGlinchey Stafford PLLC and is opening two new offices in Albany, New York, and Cleveland.

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Roundup

Up Next At High Court: Fed Firing & Gun 'Vampire Rules'

By Katie Buehler

The Supreme Court will begin a short argument week Tuesday, during which the justices will consider President Donald Trump's authority to fire a Democratic Federal Reserve governor over allegations of mortgage fraud, as well as the ability for states to presumptively bar gun owners from carrying firearms onto private property open to the public unless the property owner explicitly allows it. 

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Supreme Court Hacker Pleads Guilty To Misdemeanor Charge

By Jared Foretek

A 24-year-old Tennessee man pled guilty Friday to a single misdemeanor charge for hacking into the U.S. Supreme Court's filing system and several other government networks, admitting that he "intentionally accessed a computer without authorization" on 25 different days in 2023.

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Watchdog Urges Blanche To Exit Trump Records Role

By Courtney Bublé

A watchdog organization is calling on Deputy Attorney General Todd Blanche to step aside as President Donald Trump's proxy for records from his first term as they become available next week, saying he has a conflict of interest.

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Maurene Comey Fights DOJ Bid To Toss Firing Suit

By Emily Sawicki

Former Manhattan federal prosecutor Maurene Comey has urged a New York federal court to reject the U.S. Department of Justice's bid to dismiss her firing suit, arguing her claims belong before the district court and not under the jurisdiction of a non-independent board now controlled by the president.

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UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

This past week in London saw the David Lloyd gym chain file an intellectual property claim against its founder, security company Primekings reignite a long-running dispute with the former owners of an acquired business, and a pair of Belizean developers sue a finance executive they say shut them out of a cruise port project.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Among the stories in corporate legal news you may have missed in the past week, U.S. House lawmakers approved a bill that would restrict how retirement plan managers can consider environmental, social and governance issues when picking investments.

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Law360's Legal Lions Of The Week

By Kevin Penton

Wachtell Lipton Rosen & Katz and Sher Tremonte LLP lead this week's edition of Law360 Legal Lions, after the Second Circuit upheld a ruling requiring Getty Images to pay out nearly $88 million to investors who said they were blocked from purchasing shares in the company once it became public.

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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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