Former Walt Disney Co. CEO Bob Iger and venture capitalist Joshua Kushner agreed to buy the Los Angeles Lakers on Wednesday in a deal that values the historic franchise at $12.5 billion, a record figure for an American sports team.
Former Walt Disney Co. CEO Bob Iger and venture capitalist Joshua Kushner agreed to buy the Los Angeles Lakers on Wednesday in a deal that values the historic franchise at $12.5 billion, a record figure for an American sports team.
Alternative asset manager Aperture Investors is expanding its litigation finance platform to $1 billion in total investment capacity, mostly deployed as direct loans to plaintiffs firms.
Swedish artificial intelligence coding platform Lovable on Wednesday revealed that it reached a $13.3 billion valuation after raising $400 million in its latest funding round.
A Florida federal judge refused to dismiss a U.S. Securities and Exchange Commission suit against a private equity firm accused of defrauding investors in a $1 billion fund, saying a 2025 executive order by President Donald Trump does not allow the firm to duck the SEC's allegations.
Environmental and industrial services provider Clean Harbors Inc., led by Davis Malm & D'Agostine PC, on Wednesday unveiled plans to acquire Latham & Watkins LLP-advised environmental and waste management services company EnviroServe from an affiliate of One Rock Capital Partners in a $470 million cash deal.
Artificial intelligence code review company CodeRabbit, advised by Wilson Sonsini Goodrich & Rosati PC, on Wednesday revealed that it reached a $1.5 billion valuation after raising $143 million in its latest funding round.
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Texas-based trial boutique Reid Collins & Tsai LLP is planning to dole out a third round of bonuses for the year to associates, raising their total bonus pay to between $130,000 and $170,000 on the year so far, with another round expected later in 2026.
A settlement has been reached in a proposed nationwide class action brought by bar applicants against the proctor of the botched February 2025 California bar exam, one month after the California State Bar settled its claims against the proctor.
A Fordham University School of Law graduate accused Hofstra University in New York state court of failing to intervene in time when she had a heart attack in the middle of the July 2025 Bar Exam, refusing to stop the test and discouraging her peers from rendering aid.
Tom Goldstein and the U.S. Department of Justice aired dramatically divergent views Wednesday of a looming financial penalty for his fraud convictions, with the famed appellate advocate voicing constitutional objections to the DOJ's request for almost $2 million and revealing that prosecutors spurned a far smaller offer.
A trend of settlements between the Trump administration and friendly parties in fast-track lawsuits to pursue policy changes has legal experts concerned about the endurance of a longstanding norm that federal courts can only hear genuine disputes between opposing parties.
A trustee who has accused BakerHostetler and an Atlanta-based attorney of legal malpractice has asked a Georgia federal court to allow him to accuse the former de facto general counsel and business adviser of a nonprofit of violating the Georgia RICO Act.
Jodi-Ann Tillman of Shutts & Bowen LLP was brought into patent infringement litigation over drum technology just months before trial, and her performance earned high praise from opposing counsel, Foley & Lardner LLP partner Laura Ganoza.
Following confirmation of Todd Blanche as attorney general, U.S. Department of Justice official Trent McCotter is taking his former post as deputy attorney general on a temporary basis.
The White House and the U.S. Department of Justice are fighting a demand for immediate reinstatement brought by Seattle's former top federal prosecutor, who was fired within an hour of a court appointing him to the role, arguing his due process rights were not violated.
