Clifford Chance Steers EQT On $2B Buy Of UK Broker McGill

By Joel Poultney

Swedish private equity firm EQT said Friday it would buy London-based insurance broker McGill and Partners from Warburg Pincus for $2 billion, in a deal guided by Clifford Chance LLP and Freshfields LLP. 

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Former Weil Private Funds Co-Head Joins Simpson Thacher

By Jade Martinez-Pogue

The former co-head of U.S. private funds at Weil Gotshal & Manges LLP will be making the jump to Simpson Thacher & Bartlett LLP as a partner in the firm's investment funds practice.

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Latham, Simpson Thacher Steer Oura's Expected $2.5B IPO

By Jade Martinez-Pogue

Fitness-tracking ring maker Oura has filed plans with the U.S. Securities and Exchange Commission for an initial public offering that could raise around $2.5 billion.

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Manhattan Tower Tenants Say Blackstone Overcharged Rents

By Isaac Monterose

A proposed class of tenants at a Manhattan skyscraper accused Blackstone Inc.'s BREIT Operating Partnership LP of overcharging for their rent-stabilized apartments and not properly registering them with the New York state government.

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Rent The Runway Inks $9M Deal To End Investor IPO Suit

By Sydney Price

Rent the Runway Inc. and several of its directors, including actress Gwyneth Paltrow, and underwriters have reached a $9 million deal with shareholders who accused them of concealing major challenges the designer rental company was facing prior to its 2021 initial public offering.

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SVB Parent's Claim Loss To FDIC Bears Bond Wording Lesson

A North Carolina federal court’s recent ruling that the Federal Deposit Insurance Corp., as receiver for the collapsed Silicon Valley Bank, solely owns a $73 million fraud claim illustrates why parent financial institutions should scrutinize joint assured provisions in fidelity bonds to prevent a failed subsidiary's covered losses going to a receiver, say attorneys at McGuireWoods.

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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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Legal Sector Hiring Grows For 5th Month, But At Slower Pace

By Rachel Rippetoe

The legal sector saw 600 more jobs in August, growing for the fifth consecutive month, according to seasonally adjusted data released Friday by the U.S. Bureau of Labor Statistics. 

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3rd Circ. Revives Malpractice Claim Against Kirkland Atty

By Emily Sawicki

A New Jersey divorcee may once again pursue a legal malpractice claim against a Kirkland & Ellis LLP attorney who she said lost her millions by mishandling estate documents, after the Third Circuit found it could be possible to link her alleged damages to the lawyer's work.

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Quinn Emanuel DQ'd In Defamation Case Over Stock Reports

By Lynn LaRowe

A Texas federal court on Friday booted Quinn Emanuel Urquhart & Sullivan LLP from representing a Hong Kong manufacturing company in its defamation lawsuit against investment research service Muddy Waters LLC after finding that the law firm had received relevant confidential information when it represented Muddy Waters in a related government probe.

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DC Panel's Rare Rebuke Over AI Errors Flags Rules Gap

By Andrea Keckley

A D.C. appellate court panel issued a rare sua sponte sanctions order on Thursday after finding nonexistent case citations in a brief filed by a McCabe Weisberg & Conway LLC attorney representing Deutsche Bank National Trust Co. in a foreclosure action, noting an apparent gap in the rules governing the court's sanctions authority.

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Motley Rice Founder Remembered As Titan Of Mass Tort Bar

By Adrian Cruz

Motley Rice LLC co-founder Joseph F. Rice, who died Thursday, was remembered by former colleagues and friends as a "transformational" attorney and "giant in the civil litigation bar" who spent decades working on some of the most high-profile mass torts and obtaining landmark asbestos, opioid and tobacco settlements.

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Sinema Can't Duck Suit Over Affair With Ex-Security Guard

By Y. Peter Kang

A North Carolina federal judge Friday denied former U.S. Sen. Kyrsten Sinema's bid to escape the suit brought by the ex-wife of a former member of her security detail with whom she allegedly had an affair, saying the district court indeed has the authority to adjudicate the case.

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Roundup

Injury Law Roundup: Meta's Social Media Addiction Deal

By Y. Peter Kang

A $17.1 billion social media addiction settlement between Meta and 29 states and Johnson & Johnson's $5.5 billion ovarian cancer deal over its talc products lead Law360's Injury Law Roundup.

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Law360's Legal Lions Of The Week

By Kevin Penton

Morgan Verkamp LLC and Sparacino PLLC lead this week's edition of Law360 Legal Lions, after the Eleventh Circuit held that the False Claims Act's qui tam provisions do not violate the appointments clause of the U.S. Constitution.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

Attorneys and academics differ over whether the moves by Meta's in-house lawyers ahead of its $17 billion settlement over claims its content harmed children were legal missteps or defensible efforts to manage litigation risk. And the co-founders of a partner-only law firm told Law360 Pulse how their technology reduces intake, billing and other nonbillable tasks that attorneys would normally perform. These are among the stories in corporate legal news you may have missed in the past week.

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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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