3 Firms Lead TPG's Stake Acquisition Of Sabre Industries

By Isaac Monterose

Global alternative asset management firm TPG will acquire a majority stake in critical infrastructure provider Sabre Industries Inc. from Blackstone Energy Transition Partners in a deal guided by Latham & Watkins LLP, Kirkland & Ellis LLP and Vinson & Elkins LLP, the companies announced Friday.

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TPG Hid Exactech Defects To Dodge Liability, Trust Alleges

By Ben Zigterman

The settlement trust of joint implant maker Exactech filed a billion-dollar lawsuit in Delaware Chancery Court against TPG Inc., accusing the private equity firm of controlling Exactech after buying it in 2018, concealing the implants' defects, delaying product recalls and pushing the company into Chapter 11 to avoid liability.

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US Investor Gets 19.1% Backing So Far For £340M Idox Buy

By Najiyya Budaly

U.S. investment firm Long Path Partners said Friday that it has so far won backing from 19.12% of shareholders in Idox PLC for its £339.5 million ($461 million) buyout of the U.K. government software company.

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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Private Equity Group Of The Year: Simpson Thacher

By Tracey Read

Simpson Thacher & Bartlett LLP has helped lead the explosion of dealmaking in the insurance sector while guiding multibillion-dollar artificial intelligence infrastructure transactions, earning the firm a spot among the 2025 Law 360 Private Equity Groups of the Year.

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Antitrust Classes Certified Over Altria's Juul Investment

By Matthew Perlman

A California federal court has certified several classes of Juul buyers in litigation over tobacco giant Altria's past investment in the e-cigarette company, despite concerns about the damages phase of the case becoming a "Frankenstein's monster."

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2nd Circ. Affirms Nix Of NY Anesthesiologists' Antitrust Suit

By Mark Payne

A New York anesthesiology practice didn't sustain an antitrust injury when a UnitedHealthcare unit used its market power to cut reimbursement rates, a Second Circuit panel affirmed Friday, finding that the change in rates was a natural consequence of the health insurance system and doesn't equate to anticompetitive harm. 

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Roundup

Taxation With Representation: Gibson Dunn, S&C, Wachtell

By Zak Kostro

In this week's Taxation With Representation, Elon Musk announces SpaceX's acquisition of his artificial intelligence company xAI, Devon Energy and Coterra Energy agree to merge, and Banco Santander SA acquires Webster Financial Corp.

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Kirkland Leads Jennifer Garner's Baby Food Co.'s $198M IPO

By Katryna Perera

Once Upon a Farm, an organic baby food brand co-founded by actor Jennifer Garner, began trading Friday after it raised nearly $198 million by offering 11 million shares, in an offering guided by Kirkland & Ellis LLP and Weil Gotshal & Manges LLP.

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Linqto Gets OK For Ch. 11 Plan With Stock Deal

By Clara Geoghegan

A Texas bankruptcy judge Friday agreed to approve Linqto's Chapter 11 plan, finding it had overwhelming creditor support and overruling objections from the defunct private investment platform's onetime leader.

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Tips For Counsel As PE Eyes Data Center Facility Services

As private equity interest in specialized commercial facility services providers heightens, considerations for counsel and private equity investors run the gamut from contract transferability to facility compliance, say attorneys at Morgan Lewis.

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How Latest Nasdaq Proposals Stand To Raise Listings Quality

Nasdaq's recent proposals stand to heighten both quantitative and qualitative standards for issuers, which, if approved, may bring investors stronger market integrity and access but also raise the listings bar, say attorneys at Norton Rose.

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Analysis

Arbitrators Take Cautious Approach To Integrating AI

By Emily Sawicki

Norms, practices and regulations surrounding the use of generative artificial intelligence in arbitration are developing just as rapidly as they are in the courts. Here, Law360 Pulse talks with legal tech vendor Veritext's senior vice president in charge of alternative dispute resolution about how the arbitration industry is interacting with AI.

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Beasley Allen Disqualified From NJ Talc Multicounty Litigation

By George Woolston

A New Jersey state appeals court disqualified the Beasley Allen Law Firm from representing plaintiffs in multicounty litigation over Johnson & Johnson's talc-based baby powder, ruling Friday that a former Faegre Drinker Biddle & Reath LLP lawyer's collaborative efforts with the firm's attorneys violated ethics rules.

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Louisiana Attys Face Possible Sanctions For AI Slop Usage

By Adrian Cruz

As part of an order dismissing the remaining claims in a real estate matter, a Louisiana federal judge has threatened to sanction attorneys from two local firms for submitting a brief riddled with errors generated by artificial intelligence.

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Q&A

Va. Prosecutor Calls For Courage In Charging Feds

By Brandon Lowrey

Several district attorneys have formed a group with a singular goal: to charge and convict federal agents who violate civil rights. Here, Law360 speaks to one of these prosecutors about the creation of Fight Against Federal Overreach and the plans for the organization.

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DC Courts To Tag In Non-Attys To Help Civil Litigants

By Emily Johnson

The District of Columbia Courts is the latest court system in the U.S. to allow non-attorneys to help guide civil litigants who face matters without an attorney, creating a program that expands who can advise people facing evictions, child custody disputes and other matters.

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Judge Shooting Probe Draws Alleged Gunman's Confession

By Lynn LaRowe

The man accused of shooting an Indiana Superior Court judge confessed to carrying out the shooting to achieve a higher rank in his criminal gang and to erase debt he owed to co-conspirators — one of them scheduled for a criminal trial before the judge, according to court documents filed Friday.

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Trump's BigLaw Executive Order Appeals Consolidated

By Emily Sawicki

The D.C. Circuit on Friday consolidated the government's appeals of losses in four cases BigLaw firms launched against the White House and Justice Department over executive orders against them related to the clients they represent.

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Graham Pushes Bill To Allow Suits Over Smith Investigations

By Courtney Bublé

Sen. Lindsey Graham, R-S.C., is working on a bill to allow nonmembers of Congress to sue for damages after being investigated by special counsel Jack Smith.

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Roundup

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

By Max Austin

This past week in London saw a unit of Johnson & Johnson sue the U.S. government in a patent dispute, Southampton Football Club file a claim against Aviva Insurance, and an events business face a claim by Live Nation (Music) over potential licensing issues for Chelmsford City Live, a music festival that featured Justin Timberlake last year. Here, Law360 looks at these and other new claims in the U.K.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Attacks on alleged anticompetitive behavior took the spotlight in the past week, with a federal jury ordering medical device maker Medtronic to pay $382 million for its monopolistic practices, including bundling sales and punishing customers for using rival products. And the Federal Trade Commission warned 42 law firms that participating in the Diversity Lab's diversity, equity and inclusion program could constitute anticompetitive collusion.

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Law360's Legal Lions Of The Week

By Kevin Penton

Knobbe Martens Olson & Bear LLP leads this week's edition of Law360 Legal Lions, after a California federal jury ordered Medtronic to pay nearly $382 million to business rival Applied Medical Resources Corp. for antitrust violations.

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