Private Equity

  • February 04, 2026

    Fintech Broker Clear Street Targets $1B IPO

    Cloud-based financial services provider Clear Street Group Inc. said Wednesday it anticipates a $1 billion initial public offering, represented by Davis Polk & Wardwell LLP and underwriters counsel Cooley LLP.

  • February 04, 2026

    Private Equity Group Of The Year: Debevoise

    Debevoise & Plimpton LLP advised financial services investor Kelso & Co. in its largest transaction ever when Brown & Brown Inc. unveiled plans to purchase Kelso portfolio company Accession Risk Management in a nearly $10 billion deal, earning the firm a spot among the 2025 Law360 Private Equity Groups of the Year.

  • February 04, 2026

    Stockholders Ask Del. Justices To Revive Bylaw Suits

    Stockholders challenging advance notice bylaws at AES Corp. and Owens Corning urged the Delaware Supreme Court on Wednesday to revive their dismissed suits, saying boards should face fiduciary duty scrutiny the moment they adopt allegedly entrenching bylaws, not only after a proxy contest is triggered.

  • February 04, 2026

    Autonomous Construction Startup Raises $270M In Series B

    Autonomous construction technology company Bedrock Robotics said Wednesday that it has raised $270 million in Series B funding after completing a mass excavation of a manufacturing site last year.

  • February 04, 2026

    Glencore To Sell 40% Stake In Congo Assets For $3.6B

    A consortium of investors has reached a deal with Glencore to acquire a stake in the assets of the Anglo-Swiss mining giant in the Congo for approximately $3.6 billion to secure critical minerals for the U.S. and its partners.

  • February 03, 2026

    Chancery Slashes Mootness Fee Proposal In Bolt Suit

    A Delaware vice chancellor on Tuesday pruned to $4.1 million a $7.5 million attorney fee request for litigation that ended with cancellation of more than $37 million in Bolt Financial Group shares used by a company controller to secure a later-defaulted-upon, company-guaranteed loan.

  • February 03, 2026

    Private Equity Group Of The Year: Sidley

    Sidley Austin LLP acted as Affinity Partners' lead counsel in its $55 billion acquisition of Electronic Arts Inc. and advised private equity giants Carlyle and KKR across various acquisitions of a more than $10.1 billion portfolio of prime private student loans from Discover Financial Services, earning the firm a spot among the 2025 Law360 Private Equity Groups of the Year.

  • February 03, 2026

    2nd Circ. Skeptical Anesthesia Group Suffered Antitrust Harm

    A Second Circuit panel seemed poised Tuesday to find that an anesthesiology practice didn't suffer an antitrust injury in its claim that a United Healthcare unit used its market power in New York to cut reimbursement rates.

  • February 03, 2026

    Donerail Lobs $1.1B Takeover Bid For MarineMax Yachting Biz

    Investor and adviser The Donerail Group, led by Olshan Frome Wolosky LLP, on Tuesday confirmed it had submitted a nonbinding takeover proposal to acquire Sidley Austin LLP-advised boat and yacht retailer MarineMax for $1.1 billion.

  • February 03, 2026

    Squire Patton Hires Sheppard Mullin, Miller & Chevalier Attys

    Squire Patton Boggs LLP has hired a corporate attorney and an antitrust litigator from Sheppard Mullin Richter & Hampton LLP and Miller & Chevalier Chtd., respectively, who are joining the firm as partners in Washington, D.C., according to two Tuesday announcements.

  • February 03, 2026

    Del. High Court Revives Noncompete Over Forfeited Equity

    The Delaware Supreme Court on Tuesday revived a fire and life-safety services company's bid to enforce postemployment restrictive covenants against a former executive, rejecting a lower court's conclusion that those covenants became unenforceable once the executive forfeited his incentive equity after being fired for cause.

  • February 03, 2026

    Otro Capital Closes Sports-Focused Fund With $1.2B In Tow

    Sports-focused private equity shop Otro Capital, advised by Gibson Dunn & Crutcher LLP, on Tuesday revealed that it wrapped fundraising for its inaugural fund after securing $1.2 billion of capital commitments.

  • February 03, 2026

    Alston & Bird Adds Healthcare Regulatory Pro From Goodwin

    Alston & Bird LLP has added a healthcare regulatory attorney previously with Goodwin Procter LLP as a partner in Chicago, the firm announced Tuesday.

  • February 02, 2026

    Gibson Dunn, Sullivan & Cromwell Lead SpaceX, XAI Merger

    Elon Musk announced Monday that SpaceX, represented by Gibson Dunn & Crutcher LLP, has acquired his artificial intelligence startup xAI, advised by Sullivan & Cromwell LLP, in a bid to launch space-based data centers, amid plans for an initial public offering that would value the aerospace company at more than $1 trillion.

  • February 02, 2026

    Investors File $150M Florida Suit Against PE Fund Managers

    A group of investors brought a proposed class action against numerous private equity fund managers in Florida federal court Monday, alleging a conspiracy to steal $150 million and hide the money through complex investment schemes involving infrastructure, real estate and a merchant cash advance business.

  • February 02, 2026

    Investment Funds Pro Rejoins Davis Polk From Paul Weiss

    A private funds and investment management regulatory lawyer is returning to Davis Polk & Wardwell LLP as a partner in the firm's New York office after spending nearly four years with Paul Weiss Rifkind Wharton & Garrison LLP, where he served as head of the firm's investment management regulation practice.

  • February 02, 2026

    CD&R To Pay $70M To Settle Covetrus Sale Dispute

    Private equity firm Clayton Dubilier & Rice LLC and others have agreed to pay $70 million to settle a suit in Delaware's Court of Chancery by shareholders of animal health company Covetrus Inc. accusing them of failing to disclose vital information to shareholders when joining forces with another private equity firm to acquire Covetrus in 2022.

  • February 02, 2026

    Monthly Merger Review Snapshot

    U.S. enforcers reached three new merger settlements, while the Federal Trade Commission successfully blocked a $945 million heart valve deal and lodged an appeal for its case targeting Meta's past acquisitions.

  • February 02, 2026

    DLA Piper Adds Ex-Cooley Atty To Lead N. Calif. Practice

    DLA Piper announced Monday that it has added the former global chair of Cooley LLP's digital health group to lead its Northern California corporate and securities practice and bolster its capacity to advise life sciences and technology companies on transactions and other matters.

  • February 02, 2026

    Private Equity Group Of The Year: Willkie

    Willkie Farr & Gallagher LLP has guided sponsors and portfolio companies through landmark private equity transactions, including the year's second-largest private market energy deal, putting the team among the 2025 Law360 Private Equity Groups of the Year.

  • February 02, 2026

    Mintz Adds Winston & Strawn ITC Practice Co-Leader In DC

    Mintz Levin Cohn Ferris Glovsky and Popeo PC has grown its Washington, D.C., office by bringing a Winston & Strawn LLP equity partner as its International Trade Commission practice co-chair, strengthening the firm's intellectual property services with a patent litigator with two decades of experience.

  • February 02, 2026

    BBQ Co. Execs, Argent Settle $99M ESOP Fight With DOL

    Two executives for a New York barbecue chain and the company's employee stock ownership plan trustee have agreed to settle a lawsuit from the U.S. Department of Labor alleging that a $99 million stock purchase violated federal benefits law, according to a joint stipulation from the parties.

  • February 02, 2026

    Space And Defense Comms Co. Secures $470M Of Funding

    Space and defense communications company CesiumAstro Inc. on Monday revealed that it has secured $470 million in growth capital, which will go toward funding the buildout of its new headquarters, among other uses.

  • February 02, 2026

    Paul Weiss Chair's Emails To Epstein Include Apollo Info

    Files released by the Department of Justice over the weekend belonging to the late billionaire Jeffrey Epstein show a yearslong relationship between Epstein and Paul Weiss chair Brad Karp, which included dinners, phone calls and meetings, as well as communication related to Paul Weiss client Apollo Global Management.

  • February 02, 2026

    Latham, Gibson Dunn Steer Brookfield's $1.2B Peakstone Buy

    Private equity giant Brookfield Asset Management, advised by Gibson Dunn & Crutcher LLP, on Monday unveiled plans to acquire Latham & Watkins LLP-led Peakstone Realty Trust in a $1.2 billion take-private transaction.

Expert Analysis

  • Series

    Law School's Missed Lessons: Mastering Time Management

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    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.

  • Calif. Bill May Shake Up Healthcare Investment Landscape

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    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.

  • How Hyperlinks Are Changing E-Discovery Responsibilities

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    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.

  • State False Claims Acts Can Help Curb Opioid Fund Fraud

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    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.

  • Revamped Opportunity Zones Can Aid Clean Energy Projects

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    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.

  • Atkins-Led SEC Continues Focus On Private Funds

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    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.

  • Series

    Writing Musicals Makes Me A Better Lawyer

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    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.

  • Series

    Adapting To Private Practice: From Va. AUSA To Mid-Law

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    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.

  • 7 Document Review Concepts New Attorneys Need To Know

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    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.

  • Agentic AI Puts A New Twist On Attorney Ethics Obligations

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    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.

  • Sweeping US Tax And Spending Bill May Bolster PE Returns

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    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.

  • Series

    Being A Professional Wrestler Makes Me A Better Lawyer

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    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.

  • SEC Rulemaking Radar: The Debut Of Atkins' 'New Day'

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    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.

  • Series

    Law School's Missed Lessons: Adapting To The Age Of AI

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    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.

  • Ch. 11 Ruling Voiding $2M Litigation Funding Sends A Warning

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    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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