Private Equity

  • February 19, 2026

    Funko To Pay $5.4M To Settle Del. Stockholder Suit

    Toy company Funko Inc. and a class of its public stockholders have agreed to a $5.4 million settlement to resolve Delaware Chancery Court litigation accusing the company's private equity sponsors and top executives of exploiting its Up-C structure to siphon value from Class A shareholders.

  • February 19, 2026

    Activists Elliott, Jana Make Latest Moves, And Other Rumors

    The past week may have been light on mega-merger rumors, but a slate of activist investor moves showed that the ingredients for future dealmaking may be quietly coming together.

  • February 19, 2026

    FBT Gibbons Adds Shackelford McKinley PE Pro In Texas

    FBT Gibbons LLP has boosted its corporate law practice in Houston and expanded its private equity offerings with a partner in Houston who came aboard from Shackelford McKinley & Norton LLP.

  • February 18, 2026

    Judge Rejects FTC's Emergency Bid To Spare Merger Rule

    The Federal Trade Commission has just until Thursday to obtain Fifth Circuit intervention after a Texas federal judge refused Wednesday to extend his seven-day pause on the order scrapping the agency's premerger reporting overhaul.

  • February 18, 2026

    Telecom Joint Venture To Pay $2.7B For UK Fiber Company

    Private equity firm InfraVia Capital Partners and European telecommunications companies Telefónica and Liberty Global will use their Nexfibre joint venture to pay $2.7 billion for Substantial Group, which is the "second-largest alternative fiber provider" in the United Kingdom, the acquiring companies announced Wednesday.

  • February 18, 2026

    Latham-Led Guardian Capital Closes $441M Fund

    Latham & Watkins LLP guided Guardian Capital Partners in the final closing of its oversubscribed fourth private investment vehicle after it generated $441 million in total capital commitments, the company said in a Wednesday announcement.  

  • February 18, 2026

    Fund Formation Group Of The Year: Kirkland

    Kirkland & Ellis LLP guided several high-profile global investment funds as they sought to raise billions of dollars in capital last year, including a $16 billion distressed debt fund for Oaktree Capital and $34.4 billion in commitments for the Thoma Bravo Fund, earning the firm a spot as one of the 2025 Law360 Fund Formation Groups of the Year.

  • February 18, 2026

    Former SEC Deputy Director Joins Paul Weiss

    Paul Weiss Rifkind Wharton & Garrison LLP announced on Wednesday that it has hired a former federal prosecutor who recently stepped down as deputy director of enforcement at the U.S. Securities and Exchange Commission.

  • February 18, 2026

    5 Firms Shape Kennedy Wilson's $1.65B Take-Private Deal

    Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal advised by five law firms.

  • February 18, 2026

    3 Firms Advise On $3.1B Mister Car Wash Take-Private Deal

    Private equity firm Leonard Green & Partners LP has agreed to purchase all outstanding Mister Car Wash Inc. shares not owned by Leonard Green affiliates at a $3.1 billion enterprise value, the car wash brand announced Wednesday.

  • February 17, 2026

    Dismissal Of FTC Merger Rule Shows Nothing 'Broken' To 'Fix'

    Some antitrust practitioners see vindication in last week's Texas federal court decision throwing out the Federal Trade Commission's premerger reporting overhaul, saying it gives credence to arguments that U.S. antitrust enforcers were trying to plug holes in merger review where there were none.

  • February 17, 2026

    Educator Unions Call For SEC Probe Of Apollo's Epstein Ties

    The American Federation of Teachers and American Association of University Professors on Tuesday urged the U.S. Securities and Exchange Commission to investigate statements made by Apollo Global Management concerning the private equity firm's alleged ties to convicted sex offender Jeffrey Epstein.

  • February 17, 2026

    Wash. Bank Ignored Ponzi Scheme Warnings, Investors Say

    Investors have urged a Washington federal judge not to toss their suit accusing Columbia Bank of keeping a real estate investment firm's $230 million Ponzi scheme afloat by maintaining the enterprise's accounts even when evidence of fraud surfaced, arguing there is ample factual evidence showing that the bank knew about the scheme and assisted in it.

  • February 17, 2026

    Kirkland, Wachtell Lipton Steer Xerox $450M Venture With TPG

    Xerox, represented by Kirkland & Ellis LLP, announced Tuesday that it has created an intellectual property licensing joint venture with global alternative asset management firm TPG, advised by Wachtell Lipton Rosen & Katz, to strengthen the workplace technology company's balance sheet.

  • February 17, 2026

    Catching Up With Delaware's Chancery Court

    Cryptocurrency and artificial intelligence disputes continued their slow weave into Delaware Court of Chancery and state Supreme Court dockets last week, with jurists and litigants grappling over how — or if — the courts' old-school equity jurisdiction and fiduciary duty hooks apply to new kinds of deals.

  • February 17, 2026

    McGuireWoods Adds Sidley Private Equity Pro In Los Angeles

    McGuireWoods LLP is expanding its transactional team, announcing Tuesday that it is bringing in a Sidley Austin LLP private equity expert as a partner in its Los Angeles office.

  • February 17, 2026

    4 Firms Guide Cos.' $1.9B PacifiCorp Assets Buy

    Portland General Electric Company and Manulife Investment Management have paid $1.9 billion to obtain electrical provider PacifiCorp's Washington state assets in a cash deal guided by Latham & Watkins LLP, Baker Botts LLP, Simpson Thacher & Bartlett LLP and Gibson Dunn & Crutcher LLP.

  • February 17, 2026

    Trump Family Invests In $1.5B Go-Public Merger For Drone Co.

    President Donald Trump's son, Eric Trump, is among a group of investors backing a $1.5 billion merger between Florida real estate company JFB Construction Holdings and Israeli drone-maker Xtend that would take the latter company public.

  • February 17, 2026

    Fund Formation Group Of The Year: Ropes & Gray

    Last year, the fund formation team at Ropes & Gray LLP helped private equity giant TPG Inc. close a $3 billion credit-focused continuation fund, guided another major private equity player, Bain Capital, in securing $5.7 billion from investors for its second global special situations fund and aided a unit of the Carlyle Group in raising $20 billion for its latest secondary fund, landing it a spot among the 2025 Law360 Fund Formation Groups of the Year.

  • February 17, 2026

    BBQ Co. ESOP Members Urge Trial Despite DOL's $15M Deal

    A certified class of participants in a barbecue company's employee stock ownership program is seeking assurance that a $15 million settlement among the U.S. Department of Labor, the company's executives and the ESOP's caretaker won't affect a coming trial on the matter. 

  • February 17, 2026

    Warner Bros. Rejects Latest Paramount Bid But Talks Resume

    Warner Bros. Discovery said Tuesday it has rejected an acquisition proposal from Paramount Skydance but will engage in further talks to determine whether the bidder can submit a binding offer that tops WBD's agreed merger with Netflix.

  • February 17, 2026

    Latham Leads PE Infrastructure Firm Kinterra's $950M Fund

    Latham & Watkins LLP advised Kinterra Capital Corp., a Canadian private equity firm focused on critical materials and related infrastructure, on its Tuesday close of an oversubscribed $950 million fund.

  • February 16, 2026

    CVC Buys M&G's Investment Portfolio Stake For $1.1B

    Asset manager M&G Investments said Monday that private equity giant CVC has acquired $1.1 billion of its North America-focused investment portfolio in a secondary transaction.

  • February 13, 2026

    FTC Mulls Merger Rule Appeal, Blasts 'Left-Wing' Chamber

    After a Texas federal judge struck down a major overhaul of premerger reporting requirements, the Federal Trade Commission said Friday it would keep its options open for continuing the legal fight while also assailing the U.S. Chamber of Commerce, the plaintiff in the case, as a "left-wing" organization.

  • February 13, 2026

    Reed Smith Nabs Ex-WilmerHale Capital Markets Pro

    Reed Smith LLP has hired a former WilmerHale attorney who specializes in corporate and securities matters as a global corporate group partner in Denver for the firm's business and finance department.

Expert Analysis

  • How Latest Nasdaq Proposals Stand To Raise Listings Quality

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    Nasdaq's recent proposals stand to heighten both quantitative and qualitative standards for issuers, which, if approved, may bring investors stronger market integrity and access but also raise the listings bar, say attorneys at Norton Rose.

  • How Attorneys Can Navigate Shifts In Financing Landscape

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    Direct government investment in companies in strategic sectors is expected to continue this year, with legal practitioners facing increased demands to navigate hybrid capital structures, evolving regulatory considerations and the alignment of financing terms with long-term business and strategic objectives, say attorneys at Skadden.

  • Series

    Teaching Logic Makes Me A Better Lawyer

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    Teaching middle and high school students the skills to untangle complicated arguments and identify faulty reasoning has made me reacquaint myself with the defined structure of thought, reminding me why logic should remain foundational in the practice of law, says Tom Barrow at Woods Rogers.

  • Series

    Law School's Missed Lessons: Practicing Resilience

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    Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.

  • 4 Lessons From FTC's Successful Bid To Block Edwards Deal

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    The Federal Trade Commission's recent victory in blocking Edwards Lifesciences' acquisition of JenaValve offers key insights for deals in life sciences and beyond, including considerations around nonprice dimensions and clear skies provisions, say attorneys at Orrick.

  • NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

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    Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

  • Series

    The Biz Court Digest: Dispatches From Utah's Newest Court

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    While a robust body of law hasn't yet developed since the Utah Business and Chancery Court's founding in October 2024, the number of cases filed there has recently picked up, and its existence illustrates Utah's desire to be top of mind for businesses across the country, says Evan Strassberg at Michael Best.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • 3 Key Ohio Financial Services Developments From 2025

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    Ohio's banking and financial services sector saw particularly notable developments in 2025, including a significant Ohio Supreme Court decision on creditor disclosure duties to guarantors in Huntington National Bank v. Schneider, and some major proposed changes to the state's Homebuyer Plus program, says Alex Durst at Durst Kerridge.

  • Series

    Playing Tennis Makes Me A Better Lawyer

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    An instinct to turn pain into purpose meant frequent trips to the tennis court, where learning to move ahead one point at a time was a lesson that also applied to the steep learning curve of patent prosecution law, says Daniel Henry at Marshall Gerstein.

  • Series

    Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Series

    Adapting To Private Practice: 5 Tips From Ex-SEC Unit Chief

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    My move to private practice has reaffirmed my belief in the value of adaptability, collaboration and strategic thinking — qualities that are essential not only for successful client outcomes, but also for sustained professional satisfaction, says Dabney O’Riordan at Fried Frank.

  • Series

    Law School's Missed Lessons: How To Start A Law Firm

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    Launching and sustaining a law firm requires skills most law schools don't teach, but every lawyer should understand a few core principles that can make the leap calculated rather than reckless, says Sam Katz at Athlaw.

  • Key False Claims Act Trends From The Last Year

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    The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.

  • Series

    Hosting Exchange Students Makes Me A Better Lawyer

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    Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

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