Private Equity

  • October 15, 2021

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

    This past week in London has seen another Italian region in a lawsuit over derivatives contracts, the U.K.'s high-speed railway project facing a fresh legal challenge, and a British chain of discount retail stores suing Shoosmiths. Here, Law360 looks at those and other new claims in the U.K.

  • October 15, 2021

    Don't Miss It: Saul Ewing, Cooley Guide Week's Hot Deals

    With so much mergers and acquisitions news this week, you may have missed several deals announced in the last several days helmed by firms such as Saul Ewing and Cooley. Here, Law360 recaps the ones you may have missed.

  • October 15, 2021

    Latham-Led Orthopedics Firm Leads 2 IPOs Totaling $165M

    Latham-led orthopedic implant maker Paragon 28 Inc. rallied in debut trading Friday after the medical device company priced a $125 million initial public offering, joined by cancer-focused biotechnology firm Mink Therapeutics Inc.'s $40 million IPO.

  • October 15, 2021

    5 SPACs Hit Public Markets For $875M Total

    Five special-purpose acquisition vehicles, steered by nine law firms, went public Friday after raising $875 million combined in initial public offerings, aiming to target companies for mergers in industries including technology, health care and cannabis.

  • October 15, 2021

    3 Firms Construct SPAC Deal For $2.6B Philippines Casino

    The parent of Philippines-based casino and luxury resort Okada Manila will merge with a special-purpose acquisition vehicle in a transaction that features an enterprise value of $2.6 billion and was built by Baker McKenzie, Milbank and Schulte Roth, the companies said Friday.

  • October 15, 2021

    Alston Real Estate Leader Sees More Fundraising Competition

    While Blackstone has dominated the real estate fundraising space for years, a new wave of entrants seeking returns in commercial real estate is likely to chip into some of its market share, one of Alston & Bird LLP's real estate leaders told Law360 in a recent interview.

  • October 15, 2021

    Goodwin Snags Another Litigator From Manatt In SoCal

    Goodwin Procter LLP nabbed another litigation partner from Manatt Phelps & Phillips LLP to join its Santa Monica office, continuing to bolster its West Coast litigation offerings.

  • October 15, 2021

    Starwood Snags More Than $10B For New Real Estate Fund

    Starwood Capital Group has wrapped up its 12th opportunistic real estate fund after hitting its hard cap with more than $10 billion in capital commitments from limited partners, representing the largest fundraise in firm history, Starwood said Friday.

  • October 15, 2021

    Australian Regulator Lets AusNet Mull $7.4B APA Bid

    Australian energy company AusNet Services will reopen talks about a potential AU$10 billion ($7.4 billion) takeover by APA Group after an Australian regulator ruled Friday that an exclusivity agreement the target had with a competing bidder will expire next week.

  • October 14, 2021

    3 Firms Pilot Tempo Automation's $919M SPAC Deal

    Software-driven electronics manufacturer Tempo Automation Inc. said Thursday it plans to go public with a $919 million equity value by combining with a special purpose acquisition vehicle, in a deal guided by Latham & Watkins, Skadden and Paul Hastings.

  • October 14, 2021

    Software Ex-CEO Entitled To $5.4M And Tesla, Ga. Court Rules

    The founder and former CEO of a software company is entitled to $5.4 million in employment incentive payments and a Tesla of his choosing under his employment contract, the Georgia Court of Appeals held Thursday.

  • October 14, 2021

    Fenwick-Led Software Company Among 3 IPOs Raising $1.2B

    Fenwick-led software development platform GitLab began trading Thursday after pricing an $801 million initial public offering that was above its range, leading two other newly minted public companies that raised a combined $1.2 billion.

  • October 14, 2021

    Fla. Man Admits Faking 21 Virus Loan Applications

    A Florida man who received nearly $4.7 million in Paycheck Protection Program loans by lying about his purported businesses in nearly two dozen applications pled guilty Wednesday in New Jersey federal court to wire fraud and money laundering.

  • October 14, 2021

    Deals Rumor Mill: GlaxoSmithKline, Kobalt, Hyphen Group

    Private equity firms are competing for GlaxoSmithKline’s £40 billion consumer business, KKR is nearing a deal for a roughly $1.1 billion stake in Kobalt Music Group, and Hyphen Group is on the verge of a $1 billion SPAC deal. Here, Law360 breaks down these and other deal rumors from the past week that you need to be aware of.

  • October 14, 2021

    Fintech Biz Tala Lands $145M Series E For Expansion, Crypto

    Tala, a banking app focused on people left out from traditional financial services, said Thursday it raised $145 million in a Series E financing round that included Upstart, Stellar Development Foundation and Kindred Ventures.

  • October 14, 2021

    Goodwin, Paul Weiss Help Dutchie Hit $3.75B Value In Funding

    Cannabis e-commerce company Dutchie, guided by Goodwin Procter, said Thursday that it has raised $350 million at a $3.75 billion valuation in a funding led by Paul Weiss-advised D1 Capital Partners, with plans to use the money for research and development, domestic and international expansion, and to make new hires.

  • October 13, 2021

    Ontario Court Grants Extension Of Pot Co. IAnthus Takeover

    A judge on the Ontario Superior Court of Justice has affirmed an extension of the planned takeover of cannabis giant iAnthus by cannabis-focused private equity firm Gotham Green Partners LLC, despite iAnthus' arguments that the restructuring plan approved by courts and shareholders didn't give the lenders the authority to extend the deadline.

  • October 13, 2021

    Crypto Miner, Winery Launch Plans For 2 IPOs Totaling $175M

    Alternative energy cryptocurrency miner Stronghold Digital Mining Inc. and California winery Winc Inc. joined a crowded initial public offerings pipeline Wednesday, setting price ranges on IPOs that could raise $175 million combined, guided by four law firms.

  • October 13, 2021

    Biz Travel Co. TripActions Soars To $7.25B Valuation

    TripActions, a business travel and expense management company, said Wednesday it has raised $275 million in a Series F investment funding round and reached a $7.25 billion valuation less than a year after its last fundraise.

  • October 13, 2021

    Bilzin Sumberg Adds Corporate Partner And Associate In Fla.

    Bilzin Sumberg Baena Price & Axelrod LLP announced the further expansion of its corporate practice group with the addition of a former TouchSuite counsel as an associate and a new partner arriving from Shutts & Bowen LLP.

  • October 13, 2021

    Paul Hastings-Led Payments Firm Prices Upsized $660M IPO

    Middle market-focused payments software firm AvidXchange began trading on the Nasdaq Wednesday after raising $660 million in an upsized initial public offering guided by Paul Hastings LLP and underwriters' counsel Cooley LLP.

  • October 13, 2021

    Eco-Friendly Home Marketplace GoodLeap Valued At $12B

    Environmentally friendly home improvements marketplace GoodLeap said Wednesday it's valued at $12 billion for its latest funding round, which included MSD Partners, BDT Capital Partners LLC and Davidson Kempner.

  • October 13, 2021

    Fried Frank, Cooley Craft SeatGeek's $1.35B SPAC Deal

    RedBall Acquisition Corp. will merge with events tickets marketplace SeatGeek to create a single publicly traded entity with an enterprise value of about $1.35 billion, the companies said Wednesday, in a transaction designed by respective legal advisers Fried Frank and Cooley.

  • October 12, 2021

    'Varsity Blues' Verdict Takes Pressure Off Feds — For Now

    Prosecutors' clean sweep in the first trial over the "Varsity Blues" college admissions scheme gives them a road map for victory in future cases without needing to call a central witness who has been accused of stretching the truth, but it leaves the convicted parents with meaty appellate issues, experts say.

  • October 12, 2021

    DLA Piper Snags King & Spalding Global Arbitration Partners

    Former King & Spalding arbitration enforcement partners James Berger and Charlene Sun joined DLA Piper on Monday, becoming the latest additions to the firm's international arbitration practice in New York.

Expert Analysis

  • Girardi Scandal Provides Important Ethics Lessons

    Author Photo

    The litigation and media maelstrom following allegations that famed plaintiffs attorney Thomas Girardi and his law firm misappropriated clients' funds provides myriad ethics and professional responsibility lessons for practitioners, especially with regard to misconduct reporting and liability insurance, says Elizabeth Tuttle Newman at Frankfurt Kurnit.

  • Series

    Embracing ESG: Jabil GC Talks Compliance Preparation

    Author Photo

    Tried-and-true compliance lessons from recent decades can be applied to companies’ environmental, social and governance efforts, especially with regard to employee training and consistent application of policies — two factors that can create a foundation for ESG criteria to flourish, says Robert Katz at Jabil.

  • Upshots Of Del. Holding On Appraisal Rights Waivers In M&A

    Author Photo

    The Delaware Supreme Court's recent Manti v. Authentix holding offers key takeaways clarifying the enforceability of the dual approach of appraisal waivers and drag-along rights, to keep common stockholders in check in a merger or stock sale, while also framing the contexts in which these waivers might not be enforceable, say attorneys at Troutman Pepper.

  • 3 Ways CLOs Can Drive ESG Efforts

    Author Photo

    Chief legal officers are specially trained to see the legal industry's flaws, and they can leverage that perspective to push their companies toward effective environmental, social and governance engagement, says Mark Chandler at Stanford Law School.

  • How Law Firms Can Rethink Offices In A Post-Pandemic World

    Author Photo

    Based on their own firm's experiences, Kami Quinn and Adam Farra at Gilbert discuss strategies and unique legal industry considerations for law firms planning hybrid models of remote and in-office work in a post-COVID marketplace.

  • Opinion

    PTAB Revision Bill Offers US Makers Much-Needed Protection

    Author Photo

    A bipartisan Senate bill that would restore reliable access to patent validity review at the Patent Trial and Appeal Board, ensuring that rewards flow to innovators and protecting American manufacturers against the depredations of hedge funds, deserves Congress' support, says former USPTO acting director Joseph Matal, now at Haynes and Boone.

  • NYC Fair Chance Act Updates Challenge Finance Employers

    Author Photo

    Financial institutions may struggle to reconcile industry regulators’ criminal background check requirements for job applicants with new restrictions imposed by New York City’s Fair Chance Act amendments, but certain best practices can help employers in this arena balance their competing obligations, say Tyler Hendry and Pamela K. Terry at Herbert Smith.

  • Series

    Embracing ESG: Baker Hughes CLO Talks Sustainability Team

    Author Photo

    For businesses focused on addressing environmental, social and governance considerations, a legal team that can coordinate sustainability efforts across the company can help to manage risk and compliance issues, anticipate and prepare for change, and identify new opportunities, says Regina Jones at Baker Hughes.

  • What Mainstreaming Of Litigation Finance Means For Industry

    Author Photo

    The rush of new capital and investors into the litigation funding space is expected to bring heightened competition on price and other key deal terms, but litigants will need to be more in tune with individual financiers' proclivities, says William Weisman at Therium Capital Management.

  • What 9th Circ. Privilege Test Means For Dual-Purpose Advice

    Author Photo

    While the Ninth Circuit's recent ruling in In re: Grand Jury confirms that courts should use the primary-purpose test to determine whether communications with both legal and business purposes are shielded by the attorney-client privilege, questions on the application of the test remain, says Scott Tenley at Michelman & Robinson.

  • Lifting The Veil On The Supreme Court's Shadow Docket

    Author Photo

    Following headline-making U.S. Supreme Court emergency orders on Texas’ new abortion law, COVID-19 restrictions and more, Vetan Kapoor, counsel to Senate Judiciary Committee ranking member Chuck Grassley, R-Iowa, examines the court's so-called shadow docket and its decision-making procedures, including questions around transparency, timing and precedential effect.

  • COVID-19's Continuing Effects On Health Care Economics

    Author Photo

    The COVID-19 pandemic has altered the U.S. health care landscape by accelerating several important prepandemic trends in provider economics, including more mergers and acquisitions, increased investment by private equity funds in physician practices, and the move to value-based reimbursement, says James Bentley at Winston & Strawn.

  • FTC Chair's Plan: What We Know, And What We Don't Know

    Author Photo

    Federal Trade Commission Chair Lina Khan's recent memo outlining her vision and priorities for the FTC provides much-anticipated guidance to both the staff and the public on changes to expect, but it also raises several questions, says Jessica Rich at Kelley Drye.

  • Series

    Embracing ESG: United Natural Foods GC Talks Bottom Line

    Author Photo

    In prioritizing environmental, social and governance initiatives as strategic value drivers, corporate general counsel can leverage meaningful ESG progress to benefit both the business's bottom line and the wider world, says Jill Sutton at United Natural Foods.

  • 3 Attorney Ethics Considerations For Litigation Funding

    Author Photo

    The growth of the litigation finance industry has generated questions on the obligations of counsel when their clients are seeking outside capital to fund litigation, which litigators must understand when providing information to a third-party funder and discussing legal strategy with a client, says Matthew Oxman at LexShares.

Want to publish in Law360?


Submit an idea
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!