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Private Equity
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March 04, 2026
Kensington Capital SPAC Raises $200M For Auto Ventures
Kensington Capital Acquisition VI, a blank-check company led by the founder of Kensington Capital targeting the auto industry, began trading Wednesday after it raised $200 million by offering 20 million units at $10 each.
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March 04, 2026
BCLP Adds Capital Markets Specialist From Kirkland In LA
Bryan Cave Leighton Paisner LLP, which is also known as BCLP, is expanding its transactions team, bringing in a Kirkland & Ellis LLP capital markets expert as a partner in its Los Angeles office.
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March 03, 2026
Produce Co. Employees' ESOP Suit Survives Early Exit Bid
A North Carolina federal judge has largely kept intact a lawsuit alleging lawyers, private equity firms and their founders conspired to drain a produce company's employee stock ownership plan of its value, trimming just two of the 13 claims from the sweeping complaint.
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March 03, 2026
SoftBank-Backed PayPay Launches Plans For $1B IPO
Japanese mobile payment app PayPay, a subsidiary of SoftBank Group Corp., said it anticipates a $1 billion initial public offering, represented by Simpson Thacher & Bartlett LLP and underwriters counsel Davis Polk & Wardwell LLP.
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March 03, 2026
Apollo Faces Class Action Over Alleged Epstein Business Ties
Apollo Global Management and its billionaire co-founders Leon Black and Marc Rowan have been hit with a proposed class action in New York federal court alleging they misled investors about the firm's and their individual connections to convicted sex offender Jeffrey Epstein.
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March 03, 2026
Monthly Merger Review Snapshot
The U.S. Department of Justice got its antitrust case against Live Nation and Ticketmaster teed up for trial, as a court continues mulling the department's settlement last year in a case challenging a deal by Hewlett Packard Enterprise, and lawmakers call for scrutiny of Paramount Skydance's blockbuster acquisition of Warner Bros. Discovery.
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March 03, 2026
Ex-Truth Social Exec Fights WaPo Defamation Suit Subpoena
A former executive of Truth Social's parent company told a North Carolina federal court Monday that Trump Media's last-minute bid to depose him in its high-profile defamation lawsuit against The Washington Post is actually a tactic to avoid sanctions in an unrelated lawsuit against him and other major media outlets.
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March 03, 2026
Thoma Bravo Acquires Logistics Provider WWEX In $5B Deal
Technology-focused private equity firm Thoma Bravo on Tuesday unveiled plans to acquire third-party logistics provider WWEX Group from a consortium of investors that includes CVC Capital Partners, and also announced a plan to merge WWEX Group with its existing portfolio company Auctane once the acquisition closes.
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March 03, 2026
Day Pitney Faces DQ Bid Over Ex-Justice's Role In $1.3M Case
Day Pitney LLP should be sidelined from a $1.3 million private equity management company's windup lawsuit because former Connecticut Supreme Court Chief Justice Richard A. Robinson, now a partner at the firm, heard the case before it was earmarked for a new trial, three company owners have argued.
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March 03, 2026
3 Firms Build $3.25B Sale Of MW Components, CPM
Private equity shop American Securities on Tuesday announced that it has agreed to sell two of its portfolio companies to U.K.-based Rosebank Industries Plc in a deal that boasts an enterprise value of $3.25 billion and was built by three firms.
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March 03, 2026
Kirkland-Led O2 Closes 5th Fund With $670M In Tow
Kirkland & Ellis LLP-advised private equity shop O2 Investment Partners on Tuesday announced that it wrapped its fifth fund with $670 million in tow.
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March 02, 2026
Uniswap, VC Backers Get Crypto Buyers' Suit Tossed Again
A New York federal judge on Monday tossed the remaining claims in a proposed class action against Uniswap Labs and its venture capital backers that sought to hold them liable for the sale of so-called scam tokens on the decentralized Uniswap exchange, after the Second Circuit last year sent the case back to the district court for reconsideration.
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March 02, 2026
Skadden-Led Energy Co. AES Agrees To $10.7B Buyout
AES Corp., guided by Skadden Arps Slate Meagher & Flom LLP, said Monday that it has agreed to be acquired by a consortium of infrastructure investors led by Blackrock's Global Infrastructure Partners and EQT Infrastructure VI in a deal with a $10.7 billion equity value and a $33.4 billion enterprise value.
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March 02, 2026
Cadwalader Continues Restructuring Growth With UK, US Duo
Cadwalader Wickersham & Taft LLP announced on Monday that it is continuing to invest in its restructuring bench with two lawyers in New York and London.
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March 02, 2026
BrewDog Sold To US Cannabis Biz Tilray For £33M
U.S. medical cannabis company Tilray Brands Inc. said Monday that it has bought the brand and intellectual property of Scotland's BrewDog out of administration, in a £33 million ($44 million) deal that will not benefit equity holders in the struggling brewer.
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March 02, 2026
Kirkland-Led Bregal Sagemount's 5th Fund Hits $3.5B Limit
Growth-focused private equity shop Bregal Sagemount, led by Kirkland & Ellis LLP, on Monday announced it had wrapped up fundraising for its fifth fund after securing $3.5 billion in capital commitments.
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March 02, 2026
2 Firms Steer Warburg Pincus' $1B Global Eggs Investment
Private equity giant Warburg Pincus, advised by Latham & Watkins LLP, unveiled plans Monday to invest up to $1 billion in Davis Polk & Wardwell LLP-advised egg producer and distributor Global Eggs.
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March 02, 2026
Europe Floats Secondary Market For Private Co. Shares
The European Union said Monday that it is weighing the creation of a platform for investors to trade shares in private companies, as exit opportunities for private equity continue to dry up meaning that startups are being forced outside of Europe to secure funding.
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March 02, 2026
PE Firm Helios Makes $297M Offer For CAB Payments
Private equity firm Helios said Monday that it has made a firm offer to buy CAB Payments for $297 million, despite the cross-border payments business rejecting that amount in February.
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February 27, 2026
SEC Moves To Toss Suit Over 'Accredited Investor' Rule
The U.S. Securities and Exchange Commission is fighting a lawsuit challenging income limits that prohibit those making less than $200,000 a year from investing in the private markets, telling a Texas federal court that lifting income requirements could actually make it more difficult for businesses to find investors.
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February 27, 2026
Altria-Juul Judge Details Class Cert. Decision In Antitrust Row
"Common, predominant questions abound" as to whether e-cigarette company Juul and tobacco giant Altria schemed to have Altria exit the e-cigarette market, a California federal judge has said in explaining why he granted class certification to classes of purchasers in antitrust litigation over Altria's past investment in Juul.
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February 27, 2026
AI-Focused Generate Biomedicines Prices $400M IPO
The CEO of Generate Biomedicines, a biotechnology firm using artificial intelligence to develop therapies for immunology and oncology, on Friday rang the Nasdaq opening bell as the company expects to raise $400 million for its initial public offering.
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February 27, 2026
Trump Media Explores Truth Social Spin-Off After TAE Deal
Trump Media & Technology Group Corp. said Friday it is exploring a restructuring that would separate businesses, including its flagship social media platform, Truth Social, into a new publicly traded company.
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February 27, 2026
3 Mass. Rulings You May Have Missed In February
A venture capital firm cannot be held liable for damages claimed by the former CEO of a company in which it took a stake, remote work counts when determining personal jurisdiction and claims by two contractors that a municipal garage project deadline had been extended crumbled, according to recent rulings in Massachusetts state court.
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February 27, 2026
Wachtell Lipton Steers OpenAI On $110B Amazon-Led Funding
Wachtell Lipton-advised OpenAI said Friday that it has completed a $110 billion funding round that values the artificial intelligence platform and research company at $730 billion, with a $50 billion contribution from Amazon and $30 billion each from Nvidia and SoftBank.
Expert Analysis
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State False Claims Acts Can Help Curb Opioid Fund Fraud
State versions of the federal False Claims Act can play an important role in policing the misuse of opioid settlement funds, taking a cue from the U.S. Department of Justice’s handling of federal fraud cases involving pandemic relief funds, says Kenneth Levine at Stone & Magnanini.
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Revamped Opportunity Zones Can Aid Clean Energy Projects
The Qualified Opportunity Zone program, introduced in 2017 and reshaped in the One Big Beautiful Bill Act, offers investors federal tax incentives for development in low-income communities — incentives that are especially meaningful for clean energy projects, where capital-intensive infrastructure and long-term planning are essential, say attorneys at Dentons.
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Atkins-Led SEC Continues Focus On Private Funds
Since the change in administration, there has overall been a more accommodative regulatory stance toward private funds, but a recent enforcement action suggests that the U.S. Securities and Exchange Commission is not backing off from enforcement in the space completely, say attorneys at Simpson Thacher.
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Series
Writing Musicals Makes Me A Better Lawyer
My experiences with writing musicals and practicing law have shown that the building blocks for both endeavors are one and the same, because drama is necessary for the law to exist, says Addison O’Donnell at LOIS Law.
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Series
Adapting To Private Practice: From Va. AUSA To Mid-Law
Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.
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7 Document Review Concepts New Attorneys Need To Know
For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.
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Agentic AI Puts A New Twist On Attorney Ethics Obligations
As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.
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Sweeping US Tax And Spending Bill May Bolster PE Returns
The One Big Beautiful Bill Act stands to benefit private equity sponsors and their investors as it alters existing law, including at the portfolio company level, making it crucial to reevaluate historic tax planning and optimize for the new tax regime, say attorneys at Paul Hastings.
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Series
Being A Professional Wrestler Makes Me A Better Lawyer
Pursuing my childhood dream of being a professional wrestler has taught me important legal career lessons about communication, adaptability, oral advocacy and professionalism, says Christopher Freiberg at Midwest Disability.
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SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'
The U.S. Securities and Exchange Commission's regulatory flex agenda, published last week, demonstrates a clear return to appropriately tailored and mission-focused rulemaking, with potential new rules applicable to brokers, exchanges and trading, among others, say attorneys at Goodwin.
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Series
Law School's Missed Lessons: Adapting To The Age Of AI
Though law school may not have specifically taught us how to use generative artificial intelligence to help with our daily legal tasks, it did provide us the mental building blocks necessary for adapting to this new technology — and the judgment to discern what shouldn’t be automated, says Pamela Dorian at Cozen O'Connor.
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Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning
A recent Texas bankruptcy court decision that a postconfirmation litigation trust has no obligations to repay a completely drawn down $2 million litigation funding agreement serves as a warning for estate administrators and funders to properly disclose the intended financing, say attorneys at Kleinberg Kaplan.
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What To Expect As Trump's 401(k) Order Materializes
Following the Trump administration’s recent executive order on 401(k) plan investments in alternative assets like cryptocurrencies and real estate, the U.S. Department of Labor and the U.S. Securities and Exchange Commission will need to answer several outstanding questions before any regulatory changes are implemented, say attorneys at Cleary.
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Demystifying The Civil Procedure Rules Amendment Process
Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.
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With Obligor Ruling, Ohio Justices Calm Lending Waters
A recent decision by the Ohio Supreme Court, affirming a fundamental principle that lenders have no duty to disclose material risks to obligors, provides clarity for commercial lending practices in Ohio and beyond, and offers a reminder of the risks presented by guarantee arrangements, says Carrie Brosius at Vorys.