Private Equity

  • July 30, 2021

    Don't Miss It: MoFo, Troutman Pepper 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 Morrison & Foerster LLP and Troutman Pepper. Here, Law360 recaps the ones you may have missed.

  • July 30, 2021

    Fla. Real Estate Co. Sues Feds Over Rejected EB-1 Visa

    A Florida real estate developer sued U.S. Citizenship and Immigration Services over a rejected extraordinary ability visa for its Swedish CEO, saying the agency unlawfully ignored evidence that the executive played a vital role in fundraising more than $390 million.

  • July 30, 2021

    Bridgepoint Buys Stake In $1B Sustainability-Focused Firm

    Bridgepoint snagged a minority stake in ACT in a deal announced Friday that values the sustainable-energy-focused company at $1 billion. 

  • July 30, 2021

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

    This past week in London has seen Cantor Fitzgerald & Co. sue an Indian bank, eight insurers go after British construction giant John Wood, and Visa and MasterCard face new competition claims. Here, Law360 looks at those and other new claims filed in the U.K.

  • July 30, 2021

    Delivery Co. Gopuff Hits $15B Valuation With New Funding

    Home goods, alcohol and grocery delivery service Gopuff said Friday that it has raised $1 billion at a $15 billion valuation, with plans to use the capital to accelerate expansion across North America, the U.K. and Europe.

  • July 29, 2021

    'Mixed Bag' Chancery Ruling Keeps Utah Mine Suit Alive

    In what he called a "mixed bag" ruling, a Delaware vice chancellor moved toward trial counterclaims in a sprawling Chancery Court battle over an alleged international loan-to-own scheme dating to 2013 and focused on a $600 million Utah copper mine.

  • July 29, 2021

    Battery Venture Ends With $9M Judgment Against Owner

    A Norwegian entrepreneur's ambitious battery venture, which at one point supposedly raised $1 billion, ended quietly in Florida federal court Thursday after he failed to mount a defense to a $9 million arbitration enforcement action.

  • July 29, 2021

    Deals Rumor Mill: Baxter International, Didi Global, Nanosys

    Baxter International could buy $8 billion health care technology company Hill-Rom, Didi Global is weighing a go-private deal to appease Chinese regulators just one month after hitting the U.S. public markets, and Nanosys is mulling a SPAC merger. Here, Law360 breaks down these and other deal rumors from the past week that you need to be aware of.

  • July 29, 2021

    Culture Amp Reaches $1.5B Valuation In Funding Round

    The employee experience platform Culture Amp, which applies data analytics and behavioral science to performance management, grabbed $100 million in its latest funding round, bringing its valuation to $1.5 billion, the company said Thursday.

  • July 29, 2021

    Air Taxi Startup Lowers Enterprise Value Of SPAC Deal By $1B

    Archer Aviation and special purpose acquisition company Atlas Crest said Thursday that they were slicing the enterprise value of their merger by $1 billion, in a move that comes as the U.S. Securities and Exchange Commission seeks to ensure SPAC deals are being adequately regulated.

  • July 29, 2021

    Latham, Weil Gotshal Steer Vacasa's $4.5B SPAC Deal

    Vacation home rental platform Vacasa said Thursday it will go public at an equity value of $4.5 billion through a merger with a private equity-backed blank-check company, with legal advice from Latham & Watkins LLP and Weil Gotshal & Manges LLP.

  • July 29, 2021

    Asia Capital Real Estate Closes $325M Credit Fund

    Real estate-focused private equity firm Asia Capital Real Estate said Thursday it had closed on a $325 million credit fund that included investors like a Neuberger Berman unit and Canadian pension fund OPTrust.

  • July 29, 2021

    Real Estate Rumors: Publix, Greenberg Traurig, Adam Snow

    Publix Super Markets has reportedly paid $9.14 million for 20 acres in Florida, Greenberg Traurig is said to have subleased out space in Manhattan to the Carlyle Group and an entity managed by investor Adam Snow has reportedly picked up a Florida apartment complex for $15 million.

  • July 29, 2021

    Sustainable Biomanufacturing Co. Grabs $100M In Series B

    Industrial biotech company Bota Bio raised over $100 million in a Series B funding round led by Sequoia Capital China, bringing in more money to expand its global operations and sustainable product pipeline, the company announced Thursday.

  • July 29, 2021

    Battery Maker Clarios Delays $1.7B IPO, Citing 'Volatility'

    Vehicle battery manufacturer Clarios on Thursday delayed its $1.67 billion initial public offering due to "market volatility," roughly a week after starting its roadshow.

  • July 29, 2021

    Baker Donelson Adds Energy Pro In Houston

    The attorney who led the oil and gas practice at Womble Bond Dickinson LLP has joined Baker Donelson Bearman Caldwell & Berkowitz PC as a shareholder in Houston.

  • July 29, 2021

    Australian Fintech Iress Snubs $2.2B Takeover Bid From EQT

    Iress Ltd. said Thursday that it rejected two unsolicited takeover offers from Swiss private equity firm EQT for being too low, with the most recent bid valuing the Australian financial technology company at about AU$2.96 billion ($2.18 billion).

  • July 28, 2021

    Starwood Capital Urges Monmouth Investors Against $3B Deal

    Starwood Capital Group on Wednesday publicly urged fellow shareholders in real estate investment trust Monmouth to reject a $3.4 billion all-stock buyout offer from a competing investor, a move that comes nearly a week after its own bid for the company was turned down.

  • July 28, 2021

    Kirkland-Advised Family Office PPC Clinches $2.7B Fund

    Chicago-based family office Pritzker Private Capital said Wednesday that it has sealed a $2.7 billion fund, dubbed PPC III, with legal advice from Kirkland & Ellis LLP.

  • July 28, 2021

    Blockchain Co. Drops Trade Secrets Suit Against Early Backer

    Canadian fintech BlockCrushr has agreed to dismiss a suit accusing one of its early investors — blockchain software company ConsenSys — of stealing its trade secrets, according to documents filed in New York federal court.

  • July 28, 2021

    Cinven Buys €1B Stake In Iberian Burger King Business

    Clifford Chance-advised Cinven will take a majority stake in the Iberian business of Burger King parent Restaurant Brands International Inc., in a deal that's valued at over €1 billion ($1.18 billion) and represents the largest ever transaction in the Spanish restaurant industry, the companies said Wednesday.

  • July 28, 2021

    4 Firms Power SPAC Deal For $3.14B EV Charging Biz Allego

    European electric vehicle charging network provider Allego will go public at a roughly $3.14 billion valuation by merging with an Apollo Global Management-backed special purpose acquisition vehicle, the companies said Wednesday, in a deal driven by four law firms.

  • July 27, 2021

    Drilling Co. Merger Rumor Prompts Investor Suit In Del.

    Diamond Offshore Drilling Inc.'s largest stockholder sued the company in Delaware's Chancery Court late Monday to force an annual meeting and board vote, saying the meeting is overdue and citing reports that the company is mulling a potentially conflicted sale to another driller.

  • July 27, 2021

    Illumina Wants Extra Witnesses For FTC Merger Challenge

    Illumina is asking the Federal Trade Commission's in-house administrative judge for permission to have two extra expert witnesses speak on behalf of the biotech company's $8 billion plan to pick up cancer testing company Grail.

  • July 27, 2021

    Fintech Investment Platform ICapital Lands $4B Valuation

    Fintech platform iCapital, which helps connect financial advisers to alternative investments, said Tuesday it's now valued at $4 billion following its latest funding round that included Temasek, Owl Rock and MSD Partners LP.

Expert Analysis

  • Law Firms, Know Who's Responsible For Your Cloud Security

    Author Photo

    Lawyers generally know that files go into the cloud and that the files are then secured and protected, but it's necessary for firms to take a closer look at their cloud supply chain and then come up with a responsibility matrix that helps mitigate any potential risks or weaknesses, says Martin Ward at iManage.

  • Benefits For Law Firms Venturing Into New Services

    Author Photo

    By offering more services, law firms can deepen and strengthen their client relationships and truly become an extension of their clients' teams while generating new revenue streams, and while there are risks associated with expanding into consulting, they may be worth it, says Lou Ramos at Major Lindsey.

  • Series

    Embracing ESG: Exelon GC Talks Diversity Initiatives

    Author Photo

    Executing a commitment to diversity, equity and inclusion programming, through recruitment, inclusive legal pipelines and community empowerment via pro bono efforts, can ensure a strong environmental, social and governance proposition, says Gayle Littleton at Exelon.

  • Recent SPAC Settlement Signals SEC Enforcement Wave

    Author Photo

    The U.S. Securities and Exchange Commission's recent settlement with special purpose acquisition company Stable Road — and its sponsor, CEO and proposed merger target — over false representations to investors illustrates the agency's heightened focus on policing SPAC transactions and should prompt participants to ensure adequate due diligence, say attorneys at Pillsbury.

  • Revamping Law Firm Marketing Lists — With Partner Buy-In

    Author Photo

    Jackson Lewis’ Paige Bowser shares lessons from the firm's recent overhaul of an outdated email marketing database, including tips for getting partners on board, ensuring compliance with privacy laws and augmenting outreach strategies.

  • The Murky World Of Legal Rankings Gets Some Clarity In NJ

    Author Photo

    New Jersey's new, stringent approach to legal rankings will make accolade advertising more transparent, benefiting both attorneys and clients and offering legal marketers a new set of best practices amid evolving standards, say Penny Paul at Lowenstein Sandler and Susan Peters at Greybridge.

  • Series

    Embracing ESG: Cigna Counsel Talks Employee Wellness

    Author Photo

    Building employee well-being into corporate environmental, social and governance priorities required our legal team to focus more closely on cross-functional collaboration within the company and increased communication with our board of directors and shareholders, says Julia Brncic at Cigna.

  • Hybrid Work Models Are Key To Gender Parity In Law Firms

    Author Photo

    To curb the historically high rates of attrition among female lawyers, Roberta Liebenberg at Fine Kaplan and Stephanie Scharf at Scharf Banks suggest firms must normalize hybrid work schedules, and they recommend best practices to promote engagement among all attorneys, regardless of where they work.

  • 6 Things To Know About Cannabis M&A Transactions

    Author Photo

    With cannabis M&A activity continuing strong, deal-makers must familiarize themselves with the industry's unique challenges, including regulatory complexity, working capital and tax issues, and the need for tailored representations and warranties, says Max Bremer at Saul Ewing.

  • 3 Keys To Winning Your Next Oral Argument

    Author Photo

    To leverage the unique opportunity oral arguments provide to talk directly to judges and contribute to their decision making, attorneys must mind the three hallmarks of persuasiveness: projecting credibility, exuding likability and gaining the listener's trust, says Daniel Karon at Karon LLC.

  • Keys To Efficient And Accurate Doc Review For E-Discovery

    Author Photo

    Attorneys involved in e-discovery can review information accurately and cost-effectively by understanding the data in a document collection and identifying its key pitfalls, drafting comprehensive review guidelines, and preparing ahead, says John Wertelet at Eckert Seamans.

  • Problems To Avoid When Forming Your 2nd Real Estate Fund

    Author Photo

    There are a number of considerations when moving from your first real estate fund to subsequent funds during post-pandemic growth, particularly if the aggregate regulatory assets under management of the funds exceed $110 million or if additional country jurisdictions will be involved, say Matt Ertman and Max Brunner at Allen Matkins.

  • Series

    Embracing ESG: Raytheon GC Talks Climate Change

    Author Photo

    Now that the climate crisis is seen as an existential threat, the stakes couldn't be higher — or the challenges more daunting — for the general counsel, who must enlist all parts of the company for support while providing both a legal and ethical road map on how to respond, says Frank Jimenez at Raytheon.

  • Mass. Ruling A Cautionary Tale For Attorneys Changing Firms

    Author Photo

    The Massachusetts high court's recent ruling in Governo v. Bergeron, that lawyers could be held liable for unfair competition with a former firm, highlights important considerations for departing attorneys soliciting clients to come with them, say Mariana Korsunsky and Gary Ronan at Goulston & Storrs.

  • How To Avert Media Narrative And Get A Fair High-Stakes Trial

    Author Photo

    Corporate defendants in bet-the-company litigation may face an uphill battle to a fair trial when the media paints an entire industry, and every entity within it, as a villain — but some strategic tools can help build a more constructive defense and counteract damaging outside spin, says Jessie Zeigler at Bass Berry.

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!