AbbVie said Monday it has agreed to buy Apogee Therapeutics, a company developing therapies for inflammatory and immunological diseases, at a total equity value of approximately $10.9 billion, with Paul Weiss Rifkind Wharton & Garrison LLP and Kirkland & Ellis LLP advising. 
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WEDNESDAY, JUNE 24, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

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Paul Weiss, Kirkland Steer $10.9B AbbVie, Apogee Deal

By Al Barbarino

AbbVie said Monday it has agreed to buy Apogee Therapeutics, a company developing therapies for inflammatory and immunological diseases, at a total equity value of approximately $10.9 billion, with Paul Weiss Rifkind Wharton & Garrison LLP and Kirkland & Ellis LLP advising. 

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AI Inference Biz Raises $1.5B In Series F Funding Round

By Jade Martinez-Pogue

Artificial intelligence inference company Baseten on Monday revealed that it closed its latest funding round after securing $1.5 billion of investor commitments.

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Owners Of NHL's Red Wings, Maple Leafs Partner With PWHL

By David Steele

Groups led by the owners of the NHL's Detroit Red Wings and Toronto Maple Leafs have made a substantial investment in the Professional Women's Hockey League, the first outside investment since its 2024 inception, the league announced on Monday.

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3 IPOs Could Raise $791M Combined As Listings Surge

By Jade Martinez-Pogue

Three companies spanning the broadband infrastructure, silver mining and e-scooter industries launched plans Monday for initial public offerings that could raise a combined $791 million if they price as planned during the week of June 29.

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POLICY & REGULATION

Senate Overwhelmingly Passes Landmark Housing Legislation

By Hailey Konnath

The U.S. Senate on Monday passed an amended version of landmark housing legislation focused on expanding housing supply and lowering housing costs with an 85-5 vote.

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LITIGATION

Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week handled disputes involving executive compensation, take-private transactions, books and records demands, tender offers and alleged insider misconduct.

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WaPo Wants Trump Media Sanctioned In $2.78B Suit

By Carolina Bolado

The Washington Post is asking for sanctions against President Donald Trump's social media company for what the Post alleges were repeated discovery violations in Trump's $2.78 billion defamation suit against the newspaper.

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PEOPLE

Loeb & Loeb Adds Cadwalader Finance Pro

By Anna Sanders

Loeb & Loeb LLP announced the addition of a trio of finance attorneys on Monday, including a partner from Cadwalader Wickersham & Taft LLP who has left before the firm's imminent merger with Hogan Lovells.

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BakerHostetler Corporate Team Gains Chicago Healthcare Pro

By Lauraann Wood

BakerHostetler announced Monday that it has added a healthcare-focused transactional partner to its business practice group to bolster its Chicago roster.

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EXPERT ANALYSIS

Risk Reduction Lessons For PE Firms From PowerSchool Suit

A California federal court's recent orders allowing claims against Bain Capital to proceed based on a data breach at its subsidiary PowerSchool indicate that private equity firms need to strategically approach acquisition activities to avoid cybersecurity risks, say attorneys at Womble Bond.

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LEGAL INDUSTRY

The 2026 Lawyer Satisfaction Survey

Lawyers are generally happy being lawyers, but nonequity partners and associates told Law360 Pulse that several aspects of their job leave them feeling dissatisfied. Explore our analysis of these and other findings in the 2026 Law360 Lawyer Satisfaction survey.

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Bonus Spotlight

Axinn Giving $25K Bonuses As Glenn Agre Matches Milbank

By Tracey Read

Glenn Agre Bergman & Fuentes LLP will match the Milbank LLP base pay scale for associates, while Axinn Veltrop & Harkrider LLP — which was already paying above-market salaries — will hand out special summer bonuses of up to $25,000, the boutiques told Law360 Pulse Tuesday.

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LA Superior Court Gains Prominence With 'Nuclear' Verdicts

By Daniel Moritz-Rabson

Los Angeles County Superior Court was among the country's top sites for awarding big civil damages in recent years, according to a Lex Machina report.

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NC Becomes First State To Ban Outside Funding Of Civil Suits

By Hayley Fowler

North Carolina has become the first state in the country to ban outside investors from funding civil litigation, after Democratic Gov. Josh Stein signed into law a bill that outlaws third parties from footing the bill for civil suits in exchange for a cut of the payout at the finish line.

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Calif. Judge Restores Immigration Courthouse Arrest Limits

By Hailey Konnath

A California federal judge Tuesday vacated the Trump administration's policies on civil arrests at immigration courthouses, restoring limits on those arrests and finding that the government didn't adequately explain its policy shift.

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NY Rule Rewrite Drops 30-Day Pause For Atty Soliciting

By Emily Sawicki

New York's Appellate Division has adopted new rules of professional conduct on attorney advertising and solicitation, deleting a ban on soliciting clients less than 30 days after an incident.

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Judicial Noms Still Say Biden Won In 2020 — Technically

By Courtney Bublé

A group of judicial nominees, who earlier this month were the first of the Trump administration's nominees to say President Joe Biden won the 2020 election, reiterated in follow-up statements that Biden won the election "as a matter of law" — doubling down on what critics say is an equivocation on the election's outcome.

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Judge Who Denied Goldstein Retrial Says It Wasn't Close Case

By Rachel Rippetoe

A Maryland federal judge has elaborated on her decision to deny SCOTUSblog founder Tom Goldstein's bid for an acquittal or new trial, saying that the evidence presented at trial either supersedes or invalidates his claims of issues with jury instructions and insufficient or excluded evidence.

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Texas Judge Tosses Buzbee Firm's Jay-Z Conspiracy Suits

By Spencer Brewer

A Texas state court handed a win to Quinn Emanuel Urquhart & Sullivan LLP and a Mississippi law firm, who sought dismissal of claims that they conspired with Shawn "Jay-Z" Carter to retaliate against Houston personal injury firm The Buzbee Law Firm and two of its former clients.

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Ex-AT&T Counsel Charged Over Disclosing Privileged Info

By Sue Reisinger

A former in-house attorney for AT&T, accused of leaking privileged information to opposing counsel while seeking a share of financial gains from a lawsuit filed 18 years ago against the company, has been charged with violating attorney professional conduct rules.

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Judge Allows Brazil To Join Trump Suit Against Justice

By Carolina Bolado

A Florida federal judge on Tuesday allowed Brazil to intervene in a suit by President Donald Trump's media company and online video-sharing platform Rumble Inc. against a Brazilian Supreme Federal Court justice's gag orders but deferred ruling on Brazil's motion to dismiss the suit.

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COMPANIES IN TODAY'S NEWS

AT&T Inc.

AbbVie Inc.

Ahern Rentals Inc.

American Bankers Association

American Bar Association

American Tort Reform Association

Apogee Therapeutics

Battery Ventures LP

Claremont McKenna College

Detroit Pistons

Detroit Red Wings

Detroit Tigers

Durable Capital Partners LP

Fidelity National Financial Inc.

Francisco Partners

GameStop Corp.

Johnson & Johnson

Lex Machina Inc.

LexisNexis Legal & Professional

Lime Micromobility

LinkedIn Corp.

Major League Baseball Inc.

Major League Soccer LLC

Meta Platforms Inc.

Nasdaq Inc.

New York State Bar Association

North Carolina Justice Center

Oaktree Capital Management

Optimum

PowerSchool Group LLC

RELX PLC

ROC Nation LLC

Space Exploration Technologies Corp.

Spark Capital

Starbucks Corp.

The Bank of Nova Scotia

The District of Columbia Bar

The Trade Desk Inc.

Toronto Maple Leafs

Toronto Raptors

Twitter Inc.

Uber Technologies Inc.

University of Southern California

Venrock

WNBA Enterprises LLC

Wellington Management Co. LLP

WideOpenWest Finance LLC

LAW FIRMS IN TODAY'S NEWS

Advisors LLC

Axinn Veltrop

Baker & Hostetler

Boies Schiller

Bradley Arant

Brito PLLC

Buzbee Law Firm

Cleary Gottlieb

Coblentz Patch

DLA Piper

Davis Polk

Dordick Law

Faegre Drinker

Foley Hoag

Gibson Dunn

Glenn Agre

Greenberg Gross

Hogan Lovells

Jones Day

Kasowitz LLP

Katten Muchin

Kirkland & Ellis

Latham & Watkins

Loeb & Loeb

MJ Legal PA

McDermott Will & Schulte

Milbank LLP

Munger Tolles

Otterbourg PC

Parris Law Firm

Parry Law PLLC

Paul Weiss

Proskauer Rose

Quinn Emanuel

Skadden Arps

Thomas & LoCicero

Williams & Connolly

Womble Bond

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Executive Office for Immigration Review

Federal Communications Commission

Federal Reserve System

Internal Revenue Service

New York State Unified Court System

North Carolina General Assembly

U.S. Attorney's Office

U.S. Attorney's Office for the District of Maryland

U.S. Attorney's Office for the Northern District of California

U.S. Department of Homeland Security

U.S. Department of Housing and Urban Development

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Maryland

U.S. District Court for the Eastern District of Michigan

U.S. District Court for the Eastern District of Pennsylvania

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

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

U.S. District Court for the Northern District of Texas

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

U.S. Government Accountability Office

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. International Development Finance Corp.

U.S. Securities and Exchange Commission

U.S. Senate