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Private Equity
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March 26, 2026
Shield AI Hits $12.7B Valuation, Buys Defense Biz Aechelon
Defense technology company Shield AI on Thursday revealed that its valuation soared to $12.7 billion after closing a $1.5 billion Series G funding round, which will help finance the company's planned acquisition of private equity-backed defense company Aechelon Technology Inc.
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March 26, 2026
Germany's Henkel To Buy Hair Care Brand Olaplex For $1.4B
Chemicals group Henkel said Thursday that it will buy hair care brand Olaplex in a $1.4 billion cash deal that will allow U.S. private equity firm Advent to fully exit its position.
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March 25, 2026
Tax-Credit Cliff Sparks M&A Rush For Clean Energy
The looming July cutoff to maintain eligibility for clean electricity investment and production tax credits is sparking a dealmaking spree as smaller developers who are unable to meet the deadline begin looking to sell projects to deeper-pocketed players who can.
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March 25, 2026
Serta Lenders End Trial Over 'Uptier' Ahead Of Summer Ruling
Lenders to Serta Simmons Bedding presented closing arguments in Texas bankruptcy court Wednesday in a trial over damages that investors excluded from the mattress maker's 2020 "uptier" deal say they should be awarded, an issue which the presiding judge expects to decide on in the next few months.
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March 25, 2026
Arxis Files IPO As More Defense Firms Seek Public Listings
Military electronics and components maker Arxis has filed plans for an initial public offering, marking the second military technology company to launch plans for a public debut this week as more aerospace and military companies seek the public markets.
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March 25, 2026
After Overhaul Nixed, FTC, DOJ Mull New Merger Rulemaking
The Federal Trade Commission and the U.S. Department of Justice are not giving up on attempting to overhaul the "insufficient" half-century-old merger notification form after its replacement was just struck down by a Texas federal judge, with the agencies now seeking public comment as they mull "a new rulemaking process."
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March 25, 2026
Osler-Led Sherweb Secures CA$125M Minority Investment
Canadian cloud distributor Sherweb, led by Osler Hoskin & Harcourt LLP, on Wednesday revealed that it secured a CA$125 million ($90.5 million) minority equity investment from Investissement Québec, which will be used to help the company expand internationally, among other uses.
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March 25, 2026
3 Canadian Law Firms Steer $6.5B Boralex PE Buyout
Brookfield Asset Management and La Caisse have agreed to acquire all of Boralex Inc.'s outstanding shares in a deal that gives the Canadian renewable power producer an enterprise value of CA$9 billion, or about $6.5 billion, according to a deal announcement Wednesday.
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March 25, 2026
Kirkland Leads Pritzker In $385M Inaugural Fund Close
Family investment firm Pritzker Alternative Strategies LP, advised by Kirkland & Ellis LLP, on Wednesday announced that it wrapped its inaugural fund with $385 million of commitments.
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March 25, 2026
Diageo To Sell Indian Cricket Team To Blackstone For $1.8B
Guinness owner Diageo PLC said Wednesday that it is selling Indian cricket champions Royal Challengers Bengaluru to a consortium including Blackstone for 166.6 billion Indian rupees ($1.77 billion).
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March 24, 2026
LIV Golf Accused Of TM Infringement By Long Island Vodka
LIV Golf was sued for trademark infringement in New York federal court on Monday by Long Island Vodka, which alleges the Saudi-backed company's unauthorized use of "LIV" in connection with alcohol and merchandise has caused consumers to mistakenly associate the distillery with a "highly controversial" venture bankrolled by a sovereign wealth fund.
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March 24, 2026
6 Firms Guide Gilead's $2.2B Autoimmune Drug Play
Gilead Sciences Inc. has agreed to acquire privately held Ouro Medicines for up to $2.175 billion and is in advanced discussions with Galapagos NV on a potential research and development collaboration on the assets, according to an announcement late Monday from Gilead.
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March 24, 2026
Haynes Boone Partner Duo Named Leveraged Finance Co-Chairs
Haynes Boone announced that a pair of experienced attorneys based in Charlotte, North Carolina, and Dallas, Texas, have been named co-chairs of the firm's leveraged finance practice group.
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March 24, 2026
Apollo $3.7B Nippon Deal Marks Its Largest Japan Investment
Apollo said it has agreed to purchase Japan's Nippon Sheet Glass Co. at a $3.7 billion enterprise value, in a transaction that the private equity firm said would be its largest-ever private equity investment in Japan.
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March 24, 2026
Janus Agrees To Bolstered Trian, General Catalyst Proposal
Janus Henderson said Tuesday it has agreed to a higher cash offer from Trian Fund Management and General Catalyst Group following its review of a competing proposal from Victory Capital Management.
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March 24, 2026
Goodwin Grows PE Team In NY With Clifford Chance Attorney
Goodwin Procter LLP has added a former Clifford Chance LLP counsel to its private equity practice as a partner in its investment funds group.
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March 23, 2026
Oil Execs Face Fraud Claims Over Investment Tactics
Two oil and gas executives enticed investors to finance their venture by promising priority access to thousands of mineral acres, only to steer the deals through affiliated companies to profit themselves instead, a pair of investors have alleged.
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March 23, 2026
EV Co. Faraday Future Says SEC Probe Ended Without Action
The U.S. Securities and Exchange Commission is not recommending an enforcement action against electric vehicle startup Faraday Future Intelligent Electric Inc. after years of investigation, the company has told investors.
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March 23, 2026
Day Pitney Fights DQ Over Ex-Justice's Time On Case He Heard
Day Pitney LLP has apologized after former Connecticut Supreme Court Chief Justice Richard A. Robinson, now a firm partner, billed 15.7 hours for reviewing a since-remanded case he heard years ago as a justice, but the firm said the "error" should not disqualify its other lawyers from advancing the litigation.
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March 23, 2026
Bipartisan Bill Eyes Boosting Cannabis Business Investment
Members of Congress have reintroduced bipartisan legislation that would create a safe harbor for state-regulated marijuana businesses to access traditional business services without threat of federal enforcement and potentially be listed on securities exchanges.
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March 23, 2026
Sidley, Kirkland Steer $1.1B Sale Of EyeSouth's Retina Biz
Private equity shop Olympus Partners, advised by Kirkland & Ellis LLP, on Monday unveiled plans to sell the retina business of EyeSouth Partners to Sidley Austin LLP-led Cencora Inc. in a $1.1 billion deal.
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March 23, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket this past week featured high-stakes disputes involving major consumer brands, a reinstated video game executive, revived noncompete and compensation claims and fresh allegations of corporate misconduct in the healthcare sector.
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March 23, 2026
Lead Edge Wraps Software-Focused Fund With $3.5B In Tow
Software-focused private equity shop Lead Edge Capital on Monday announced that it closed its largest fund to date after securing $3.5 billion in investor commitments.
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March 23, 2026
Paul Hastings' Funds Growth Continues With Paul Weiss Atty
Paul Hastings LLP announced Monday the fifth partner addition this year to its investment funds and private capital team, welcoming a former Paul Weiss Rifkind Wharton & Garrison LLP attorney to its New York office.
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March 20, 2026
PowerSchool, Bain Can't Skirt MDL Over Student Data Breach
A California federal judge has refused to toss multidistrict litigation seeking to hold PowerSchool and its majority stakeholder Bain Capital liable for a data breach that exposed roughly 50 million individuals' personal data, finding that Bain's involvement in the education technology provider's cybersecurity operations "went beyond what an ordinary investor would do."
Expert Analysis
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The Benefits Of Choosing A Niche Practice In The AI Age
As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a niche that is durable, engaging and a good personal fit, says Daniel Borneman at Lowenstein Sandler.
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Series
Podcasting Makes Me A Better Lawyer
Podcasting has changed how I ask questions and connect with people, sharpening my ability to listen without interrupting or prejudging, and bringing me closer to what law is meant to be: a human profession grounded in understanding, judgment and trust, says Donna DiMaggio Berger at Becker.
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5 Key Issues Affecting Deal Structurings In Ship Finance
Several trends are shaping the ship finance landscape, including the impact of Basel IV in Europe and the Nordic bond market, making it essential for both lenders and shipowners to utilize creative deal structuring and maintain an awareness of competitive dynamics across traditional bank and private lending, say attorneys at Holland & Knight.
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The Cautionary Tale Of A Supply Chain Inquiry 'Made In Italy'
Legal probes into the Italian luxury fashion supply chain reflect the need for effective buy-side diligence with a variety of tools and through a variety of lenses to avoid an issue after an M&A transaction, says Jesse Silvertown at Hesparus.
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PFAS Risks In M&A Amid Litigation, Legislative Developments
Per- and polyfluoroalkyl substances have become a significant M&A concern amid new trends in settlements and state laws, and potential buyers must find ways to evaluate potential related risks, say attorneys at Debevoise.
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Series
Volunteering With Scouts Makes Me A Better Lawyer
Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.
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Series
Law School's Missed Lessons: In Court, It's About Storytelling
Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.
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How Leveraged Lending Pivot May Alter Bank Risk Oversight
The Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency's recent withdrawal of leveraged lending guidance introduces several principles that may allow banks to better apply enterprisewide risk management programs and potentially create additional competition in the private credit loan market, say attorneys at Mayer Brown.
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Where Ceding Control In Joint Ventures Ups Developer Risks
With new data predicting liquidity will continue drying up in 2026, developers seeking relief via joint venture restructurings should understand how relinquishing an asset's control to a capital partner could have stark consequences, and where negotiations over governance and control triggers present the greatest legal and structural risks, say attorneys at Jenner & Block.
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How Recent Del. Rulings Clarify M&A Deal Fraud Carveouts
Two recent Delaware decisions have provided clarity regarding when a party can or cannot rely on representations made during the course of an M&A transaction, particularly on the scope and enforceability of antireliance provisions, and on representations they knew or should have known were false, says Anthony Boccamazzo at Olshan Frome.
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Aligning Microsoft Tools With NYC Bar AI Recording Guidance
The New York City Bar Association’s recently issued formal opinion, providing ethical guidance on artificial intelligence-assisted recording, transcription and summarization, raises immediate questions about data governance and e-discovery for companies that use Microsoft 365 and Copilot, say Staci Kaliner, Martin Tully and John Collins at Redgrave.
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Preferred Equity Monetizations Unlock Energy Tax Credits
As private capital funds more energy and infrastructure projects, preferred equity monetization structures — combining elements of tax credit transfers and tax equity partnership-flip transactions with hybrid capital structures — can help project sponsors monetize federal tax credits, access private capital markets and gain structuring flexibility, say attorneys at Willkie.
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5 Different AI Systems Raise Distinct Privilege Issues
A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.
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Opinion
AI-Assisted Arbitration Needs Safeguards To Ensure Fairness
As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, clear disclosure standards and procedural safeguards are necessary to ensure that efficiency gains do not erode the fairness principles on which arbitration depends, says Alexander Lima at Wesco International.
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Series
Playing Piano Makes Me A Better Lawyer
Playing piano and practicing law share many parallels relating to managing complexity: Just as hearing an entire musical passage in my head allows me to reliably deliver the message, thinking about the audience's impression helps me create a legal narrative that keeps the reader engaged, says Michael Shepherd at Fish & Richardson.