Blackstone said Friday that it has closed an $8 billion fund to invest in global real estate opportunities, with Simpson Thacher & Bartlett LLP advising.
Law360
Private Equity
TUESDAY, MARCH 11, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Simpson Thacher-Led Blackstone Bags $8B For RE Debt Fund

By Nate Beck

Blackstone said Friday that it has closed an $8 billion fund to invest in global real estate opportunities, with Simpson Thacher & Bartlett LLP advising.

Read full article » | Save to favorites »

Gallagher's $13.5B AssuredPartners Deal Faces FTC Inquiry

By Jade Martinez-Pogue

Arthur J. Gallagher & Co. announced Friday that federal regulators requested additional information, for a second time, on its $13.5 billion acquisition of independent insurance brokerage AssuredPartners, extending the waiting period under the Hart-Scott-Rodino Act until 30 days after the firm complies with the request.

Read full article » | Save to favorites »

Tulane Panel Clashes Over Activist Investor Motivations

By Al Barbarino

There's no debate that activist investor campaigns have increasingly taken aim at CEOs, but attorneys on a Friday panel at the annual Tulane Corporate Law Institute were sometimes at odds on the activists' motivations.

Read full article » | Save to favorites »

ENFORCEMENT

DEALS

Insignia Opens Books To Bain And CC Capital In Buyout Battle

By Jade Martinez-Pogue

Insignia Financial on Friday said that it agreed to open its books to Bain Capital and CC Capital after the two bidders increased their respective takeover offers to $3.34 billion Australian (US$2.11 billion) amid a bidding war.

Read full article » | Save to favorites »

Taxation With Representation: Kirkland, Wachtell, Skadden

By Zak Kostro

In this week's Taxation With Representation, Walgreens Boots Alliance goes private via a deal with Sycamore Partners, Honeywell buys Sundyne from Warburg Pincus, and Jazz Pharmaceuticals acquires Chimerix.

Read full article » | Save to favorites »

EXPERT ANALYSIS

Anticipating Calif. Oversight Of PE Participation In Healthcare

A new bill recently introduced in the California Senate revives last year's attempt to increase oversight of healthcare transactions involving private equity groups and hedge funds, meaning that attorneys may soon need to assess the compliance status of existing management relationships and consider modifying contract terms, says Andrew Demetriou at Husch Blackwell.

Read full article » | Save to favorites »

Opinion

State FCAs Should Cover Local Fund Misuse, State Tax Fraud

New Jersey and other states with similar False Claims Acts should amend them to cover misappropriated municipal funding, and state and local tax fraud, which would encourage more whistleblowers to come forward and increase their recoveries, says Kenneth Levine at Stone & Magnanini.

Read full article » | Save to favorites »

LEGAL INDUSTRY

National Lawyers Guild Slams Trump's Perkins Coie Order

By Rachel Riley

The Seattle Chapter of the National Lawyers Guild denounced President Donald Trump's recent executive order revoking Perkins Coie LLP's security clearances, saying on Monday the decision "exemplifies his complete disregard for the rule of law and his contempt for core American democratic values."

Statement attached | Read full article » | Save to favorites »

GOP Sens. Escalate Fight With ABA Over 'Leftist' Statements

By Courtney Bublé

A group of Senate Republicans are once again going after the American Bar Association, which they claim has become a "leftist" organization, and announced Monday they will disregard ABA ratings on judicial nominees and encouraged the Trump administration and their colleagues to do the same.

Letter attached | Read full article » | Save to favorites »

Paul Hastings Reelects Chair, Managing Partner To 2nd Terms

By Tracey Read

Paul Hastings LLP Chair Frank Lopez and Managing Partner Sherrese Smith have been reelected to their second three-year terms, the firm said Monday.

Read full article » | Save to favorites »

Judge Who Shot Wife Gets Mistrial As Jury Hangs On Murder

By Gina Kim

A California judge declared a mistrial Monday in the murder trial of Orange County Superior Court Judge Jeffrey Ferguson, who shot and killed his wife in their Anaheim Hills home in 2023, after jurors said they remained at an impasse over whether he was guilty of second-degree murder.

Read full article » | Save to favorites »

Analysis

SEC Leaves Meme Coin Fraud For Other Cops To Chase

By Aislinn Keely

The U.S. Securities and Exchange Commission staff's decision to say that so-called meme coins are beyond the agency's purview is a welcome change from past practices, experts say, but the devil is in the details when it comes to policing fraud and helping consumers recover when projects go bust.

Read full article » | Save to favorites »

Del. Bar Panel OKs Corp. Law Bill To Curb Class Suits, Fees

By Jeff Montgomery

A key panel of the Delaware's State Bar Association overwhelmingly approved on Monday a pending bill to put new constraints on corporate stockholder lawsuits, over objections that the measure will snuff out shareholder protections from conflicted boards and corporation controllers.

Read full article » | Save to favorites »

High Court Will Review Colo.'s Conversion Therapy Ban

By Katie Buehler

The U.S. Supreme Court announced Monday that it will review a challenge to Colorado's ban on licensed therapists providing conversion therapy to transgender minors, in a case that asks whether the state's law is a permissible regulation of professional conduct or an unconstitutional restriction of speech.

2 documents attached | Read full article » | Save to favorites »

2 Firms Sued After Cyber Thief Steals $442K From Estate

By Ryan Harroff

Law firms SutterWilliams LLC and Allender & Allender PA were hit with a negligence and malpractice suit after a cybercriminal allegedly used spoofed email accounts to trick an attorney at the latter firm into handing over $442,600 from the sale of a late Pennsylvania sheriff's deputy's house in Florida.

Complaint attached | Read full article » | Save to favorites »

Paul Hastings Adds Kirkland Atty As Global M&A Co-Chair

By Tracey Read

Paul Hastings LLP has hired a third global co-chair for its mergers and acquisitions practice who was one of the youngest M&A partners in the world to have announced well over $1 trillion in deals, the firm said Monday.

Read full article » | Save to favorites »

Hagens Berman Comms With Ghosting Client Kept Privileged

By Ryan Boysen

Hagens Berman Sobol Shapiro LLP doesn't have to turn over texts and emails with a client who disappeared from a putative class action against Apple and Amazon, a Washington federal judge has ruled, despite the tech giants' accusations that the firm lied about those communications.

Order attached | Read full article » | Save to favorites »

J. Crew Wins Confirmation Of Ex-GC's Arbitration Loss

By Lauren Berg

A New York federal judge confirmed an arbitrator's ruling Monday that found J. Crew hadn't fired its former legal chief, Maria DiLorenzo, in retaliation for her complaints about colleagues' discriminatory comments about her hearing loss.

Opinion attached | Read full article » | Save to favorites »

Clerks May Seek Political Jobs On 'Case-By-Case Basis'

By Emily Sawicki

Individual federal judges may determine whether their clerks may seek political posts while employed by the judiciary, the Judicial Conference of the United States' Committee on Codes of Conduct now recommends, months after issuing guidance advising clerks to hold off seeking such roles until their clerkships end.

1 document attached | Read full article » | Save to favorites »

Promo that reads 2025 AI Survey Promo that reads 2024 Practice Groups of the Year

COMPANIES IN TODAY'S NEWS

AbbVie Inc.

Alliance Defending Freedom

Amazon.com Inc.

Amcor PLC

American Bar Association

Apax Partners

Apple Inc.

Arthur J. Gallagher & Co.

AssuredPartners Inc.

Biogen Inc.

Chimerix Inc.

Constellation Brands Inc.

Human Rights Campaign

J. Crew Group Inc.

Jazz Pharmaceuticals Inc.

Kellanova Co.

Mars Inc.

MicroStrategy Inc.

NASDAQ Inc.

Space Exploration Technologies Corp.

Sycamore Partners Management LLC

T-Mobile US Inc.

Tesla Inc.

Verizon Communications Inc.

VillageMD

Walgreens Boots Alliance Inc.

Warburg Pincus LLC

Wells Fargo & Co.

Wynn Resorts Ltd.

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Allender & Allender

Arete Law Group

Bernstein Burkley

Bernstein Litowitz

Clifford Chance

Cooley LLP

Covington & Burling

Cravath Swaine

Davis Polk

Davis Wright Tremaine

Gibson Dunn

Hagens Berman

Hunton Andrews

Husch Blackwell

K&L Gates

King & Wood Mallesons

Kirkland & Ellis

Latham & Watkins

Lewis Brisbois

Littler Mendelson

Olshan Frome

Orrick Herrington

Paul Hastings

Pearman Law Firm

Perkins Coie

Redgrave LLP

Sidley Austin

Simpson Thacher & Bartlett LLP

Skadden Arps

Stone & Magnanini

Wachtell Lipton

Weil Gotshal

Wigdor LLP

GOVERNMENT AGENCIES IN TODAY'S NEWS

Colorado Department of Regulatory Agencies

Commodity Futures Trading Commission

Executive Office of the President

Federal Trade Commission

Internal Revenue Service

Judicial Conference of the United States

New Jersey Attorney General's Office

New Jersey Court

U.S. Agency for International Development

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 Middle District of Florida

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

U.S. District Court for the Western District of Washington

U.S. Securities and Exchange Commission

U.S. Supreme Court