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Private Equity
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March 05, 2026
Senior Living, Nursing Platform Sage Raises $65M In Series C
Senior living and skilled nursing platform company Sage said it has raised $65 million in a Series C equity round to help roll out new artificial intelligence-based resident safety tools, among other improvements.
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March 05, 2026
Ex-NFL Player Targets $150M For Inaugural Sports Fund
A sports-focused private equity firm founded by former NFL player Terrence C. Murphy Sr. and backed by Reggie Bush launched Thursday, with plans to buy controlling stakes in emerging sports leagues and teams.
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March 05, 2026
NFL's Dolphins Valued At $12.5B After Sale Of Minority Share
Miami Dolphins owner Stephen Ross is selling a minority share in the team and his affiliated companies to billionaire tech entrepreneur Lin Bin, in a deal that will value the NFL franchise at $12.5 billion, Law360 learned Thursday.
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March 05, 2026
Galvanize Caps $370M Fund To Decarbonize Real Estate
Galvanize raised $370 million for a fund to invest in undercapitalized commercial buildings in the U.S. and modernize them with energy efficiency upgrades, the company said.
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March 05, 2026
SpaceX Taps Citigroup For Planned IPO, Plus More Rumors
SpaceX has added Citigroup to its lineup of banks leading its planned blockbuster initial public offering, Thrive Capital and Andreessen Horowitz are co-leading an investment in defense company Andural Industries that could value it at $60 billion, and Indian payments platform PhonePe is preparing plans for an initial public offering that would value it at $10.5 billion.
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March 04, 2026
SEC Takes Step Toward Issuance Of Crypto 'Taxonomy'
The U.S. Securities and Exchange Commission has sent its forthcoming "token taxonomy" to the Office of Information and Regulatory Affairs for review, marking a procedural step toward issuing guidance on which crypto assets and transactions trigger securities laws.
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March 04, 2026
Select Medical's $3.9B Deal Is Latest Insider-Led Buyout
Select Medical Holdings Corp. will be taken private in a $3.9 billion deal led by its executive chair, another senior executive, and the private equity firm Welsh Carson Anderson & Stowe, marking the latest in a series of recent insider-led buyouts.
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March 04, 2026
GI Partners Gets 2 Md. Data Centers From Harrison Street
Private alternatives investment firm GI Partners announced Wednesday that it has acquired two data centers in Laurel and Severn, Maryland, both of which are fully leased to a single user.
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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.
Expert Analysis
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Series
Judging Figure Skating Makes Me A Better Lawyer
Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.
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What Ethics Rules Say On Atty Discipline For Online Speech
Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.
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Balancing The Risks And Rewards Of Private Equity In 401(k)s
The recent executive order directing government agencies to consider encouraging private equity and other alternative investments in 401(k) plans does not change the fundamental fiduciary calculus or reduce risk, as success with private investments will depend on careful analysis of both participant demand and fiduciary obligations, say attorneys at Jenner & Block.
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2 Rulings Highlight IRS' Uncertain Civil Fraud Penalty Powers
Conflicting decisions from the U.S. Tax Court and the Northern District of Texas that hinge on whether the IRS can administratively assert civil fraud penalties since the U.S. Supreme Court’s 2024 decision in SEC v. Jarkesy provide both opportunities and potential pitfalls for taxpayers, says Michael Landman at Bird Marella.
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Junior Attys Must Beware Of 5 Common Legal Brief Mistakes
Excerpt from Practical Guidance
Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.
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Series
Power To The Paralegals: How And Why Training Must Evolve
Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.
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Series
Playing Softball Makes Me A Better Lawyer
My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.
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IPO Suit Reinforces Strict Section 11 Tracing Requirement
A California federal court's recent dismissal of an investor class action against Allbirds in connection with the company's initial public offering cites the U.S. Supreme Court's 2023 Slack v. Pirani decision, reinforcing the firm tracing requirement for Section 11 plaintiffs — even at the pleading stage, say attorneys at Paul Weiss.
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Series
Law School's Missed Lessons: Mastering Time Management
Law students typically have weeks or months to prepare for any given deadline, but the unpredictability of practicing in the real world means that lawyers must become time-management pros, ready to adapt to scheduling conflicts and unexpected assignments at any given moment, says David Thomas at Honigman.
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Calif. Bill May Shake Up Healthcare Investment Landscape
If signed by the governor, newly passed California legislation would significantly expand the Office of Health Care Affordability's oversight of private equity and hedge fund investments in healthcare companies and management services organizations, and raise several questions about companies' data confidentiality and filing burdens, say attorneys at Ropes & Gray.
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How Hyperlinks Are Changing E-Discovery Responsibilities
A recent e-discovery dispute over hyperlinked data in Hubbard v. Crow shows how courts have increasingly broadened the definition of control to account for cloud-based evidence, and why organizations must rethink preservation practices to avoid spoliation risks, says Bree Murphy at Exterro.
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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.