San Diego-based biotechnology company ADARx Pharmaceuticals began trading publicly on Friday after raising $446 million in its initial public offering steered by Cooley LLP and Latham & Watkins LLP, adding to the growing list of biotech IPOs recently.
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TOP NEWS

Cooley, Latham Steer RNA Drugmaker's Upsized $446M IPO

By Jade Martinez-Pogue

San Diego-based biotechnology company ADARx Pharmaceuticals began trading publicly on Friday after raising $446 million in its initial public offering steered by Cooley LLP and Latham & Watkins LLP, adding to the growing list of biotech IPOs recently.

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Arkansas Firm 5th To Seal PE Deal With Uplift Investors

By Tracey Read

Arkansas' largest personal injury law firm is the latest legal entity to ink a deal to take private equity investment using Uplift Investors' associated management services organization.

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Roundup

Don't Miss It: Simpson Thacher, Latham Steer Hot Deals

By Jade Martinez-Pogue

A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple of weeks, and it's difficult to keep up with all the deals. Here, Law360 recaps the ones you may have missed, including transactions helmed by Simpson Thacher & Bartlett LLP and Latham & Watkins LLP.

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Weil Hires Willkie Restructuring Leader In Latest Boomerang

By Daniel Moritz-Rabson

Weil Gotshal & Manges LLP has announced that it continued its boomerang hiring streak by adding the former chair of Willkie Farr & Gallagher LLP's restructuring and reorganization practice.

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LITIGATION

Texas Judge Says Perot's VC Firm Can't Be Held To Handshake

By Spencer Brewer

The Texas Business Court threw out a lawsuit brought by a Dallas businessman accusing billionaire Ross Perot Jr. of stiffing him out of his rightful equity interest in a healthcare company that sold for $2 billion, saying the businessman signed an agreement waiving his interest in the company.

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Investor Says Colo. Real Estate Firm Hid PE Priority Deal

By Nate Beck

An investor claimed in state court that a Colorado industrial real estate company secretly gave an outside private equity firm a priority stake in exchange for a $26.5 million investment after enticing existing limited partners not to cash out.

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Fla. Judge Keeps Fraud Claims In Aluminum Smelter Dispute

By David Minsky

A Florida federal judge on Friday trimmed a counterclaim brought against a private investment fund accused of secretly trying to take over an aluminum smelting plant, but allowed the facility owners' claims alleging they were defrauded into disclosing confidential information that would be used to force an acquisition. 

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DEALS & FINANCING

Dublin Power Co. Eaton Buying Italy's COL In €810M Deal

By Al Barbarino

Dublin-based power management company Eaton said Friday it has agreed to purchase Italian electric company COL Group from Oaktree Capital Management for an enterprise value of €810 million ($923 million).

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Roundup

Taxation With Representation: Kirkland, Latham, McDermott

By Zak Kostro

In this week's Taxation With Representation, Royal Caribbean invests billions in a joint venture with Sandals, Telix Pharmaceuticals buys ITM Isotope Technologies Munich, and Priority Technology makes a go-private deal with an investor group helmed by the company's chair and CEO.

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LEGAL INDUSTRY

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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Law360's Legal Lions Of The Week

By Kevin Penton

O'Melveny & Myers LLP and Reed Smith LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit overturned a $140 million class verdict against CenturyLink, holding that the company had a reasonable interpretation of the Fair Credit Reporting Act.

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AI Mishap Has Judge Questioning 'Our Collective Character'

By Julie Manganis

A California attorney was barred from representing the plaintiffs in a Massachusetts insurance coverage dispute and ordered to pay legal costs of up to $10,000 to opposing counsel, after a federal judge found he relied on "inaccurate and fictitious" case cites and holdings in three filings.

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Tarter Krinsky Faces Suit After Disclosing Data Breach

By Andrea Keckley

Tarter Krinsky & Drogin LLP maintained "intentional opacity" about a recently disclosed cybersecurity attack last year that may have compromised protected health information, a proposed class action alleged in New York federal court.

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A2J At The High Court: Gun Bans, Voting And Civil Remedies

By Marco Poggio

From the right to own semiautomatic rifles to the rules governing voter registration, the upcoming U.S. Supreme Court term will see the justices tackle a broad swath of constitutional and access to justice issues.

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Domino Foods Fights Paul Weiss DQ Bid In Price-Fixing MDL

By Madison Arnold

Domino Foods is pushing back on an attempt to disqualify its counsel from Paul Weiss Rifkind Wharton & Garrison LLP in a sugar price-fixing multidistrict litigation, arguing Hershey, J.M. Smucker and other food makers filed the motion as a "strategic attempt to gain tactical advantage" at a critical point in the dispute.

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Duane Morris To Settle Employee's Tax Withholding Claim

By Asha Glover

Duane Morris LLP has agreed to private mediation to settle a proposed class action by an employee who alleged that the firm failed to withhold taxes for workers who were misclassified as partners, according to a notice.

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Roundup

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

By Megan Norcott

The past week in London has seen Glencore Energy sue a refinery for allegedly defrauding it out of more than $236 million worth of crude oil, the former CEO of ankle-tag maker Big Technologies file a defamation claim against the company, and property investment group Hunter Jones hit by a claim from the Financial Conduct Authority. 

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Wilson Sonsini topped a list of law firms that have alumni attorneys working at six of the country's most prominent tech companies. And general counsel at most large companies expect to increase their litigation budgets next year.

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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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COMPANIES IN TODAY'S NEWS

Amerant Bank NA

Andreessen Horowitz LLC

Anthropic PBC

AstraZeneca PLC

Atreides Management LP

BTI Consulting Group Inc.

Bain Capital Ventures

Block Inc.

BlossomHill Therapeutics Inc.

Cardinal Health Inc.

City Therapeutics

Cloudflare Inc.

Compass Lexecon LLC

Coupang, Inc.

Databricks Inc.

Duke University

Eli Lilly & Co.

Enterprise Holdings Inc.

Founders Fund

Glencore PLC

GoDaddy Inc.

Google LLC

Grupo Aeromexico SAB de CV

IMDb.com Inc.

Index Ventures SA

Instagram Inc.

Inter Tribal Council of Arizona Inc.

Kellogg Co.

Latigo Biotherapeutics Inc.

LexisNexis Legal & Professional

LexisNexis Risk Solutions Inc.

Liberty Mutual Insurance Group

London Stock Exchange Group PLC

Lumen Technologies Inc.

Mediterranean Shipping Co. SA

Meta Platforms Inc.

Morgan Stanley

NVIDIA Corp.

NanoString Technologies Inc.

Nasdaq Inc.

Nektar Therapeutics

New York University

News Corp.

Oaktree Capital Management LP

OpenAI OpCo LLC

Pfizer Inc.

Priority Technology Holdings Inc.

Proof

Qatar Investment Authority

RELX PLC

Red Bull GmbH

Royal Caribbean Cruises Ltd.

Scale Venture Partners

Screen Actors Guild-American Federation of Television & Radio Artists

Searchlight Capital Partners LP

Skydance Media LLC

Space Exploration Technologies Corp.

Takeda Pharmaceutical Co. Ltd.

Tesla Inc.

The Hershey Co.

The J. M. Smucker Co.

The Kraft Heinz Co.

The Travelers Cos. Inc.

TikTok Inc.

University of Miami

Valor Equity Partners LLC

Walmart Inc.

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

Zimmer Biomet Holdings Inc.

LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Bottaro Law Firm

Brabners LLP

Browne Jacobson LLP

Burns Charest

Campbell Johnston

Carpmaels & Ransford

Clarke Willmott

Clyde & Co

Cohen Milstein

Cooley LLP

Covington & Burling

DAC Beachcroft

DLA Piper

DWF LLP

Demeo LLP

Dickinson Wright

Duane Morris

Dudley DeBosier

Dunn Isaacson Rhee

Emery Reddy

Federman & Sherwood

Fell Law PC

Fried Frank

Garbett Allen

Gibson Dunn

Gordon Rees

Greenberg Traurig

Haynes Boone

Hill Dickinson

Hogan Lovells

Hughes & Coleman

Ireland Stapleton

Jenner & Block

John Foy & Associates

Jones Day

Keches Law Group

Keller Rohrback

Kennedys Law LLP

Kirkland & Ellis

Latham & Watkins

Lowenstein Sandler

Maslon LLP

McDermott Will & Schulte

Mills & Reeve

Morrison & Foerster

O'Melveny & Myers

Paris Smith LLP

Paul Weiss

Pinsent Masons

Podhurst Orseck

Polsinelli PC

Proskauer Rose

Quinn Emanuel

RWK Goodman

Rainwater Holt

Reed Smith

Ropes & Gray

Russell-Cooke

Schlam Stone

Selendy Gay

Silver Golub

Simpson Thacher & Bartlett

Skadden Arps

Spencer Fane

Spencer West LLP

Stok Kon

Sullivan & Cromwell

Tarter Krinsky

Venable LLP

Ventura Law (Danbury, CT)

Weil Gotshal

Whalen Law Office

Wiley Rein

Willkie Farr

Wilson Sonsini

Withersworldwide

gunnercooke LLP

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Civil Rights Department

Companies House

Financial Conduct Authority

Internal Revenue Service

Montana Department of Revenue

New York Attorney General's Office

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of Minnesota

U.S. District Court for the Southern District of California

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court