Private Equity

  • May 14, 2026

    Brookfield To Acquire World Freight In $1.2B Deal

    Brookfield has agreed to acquire global air freight services provider World Freight Co. from PAI Partners and EQT's BPEA Private Equity Fund VI, the companies announced Thursday. 

  • May 14, 2026

    Brown-Forman Rejects $15B Takeover Offer, More Rumors

    Alcoholic drink maker Brown-Forman rejected rival Sazerac's $15 billion takeover offer; fintech Digital Asset is seeking a $2 billion valuation with its latest funding round; and shoemaker Skechers has upped its offer to settle an investor lawsuit.

  • May 14, 2026

    Seward & Kissel Adds Milbank Lawyer To Lead Credit Team

    A former Milbank LLP attorney has joined Seward & Kissel LLP in New York as head of the firm's structured credit practice.

  • May 13, 2026

    Former Fairstead Partner Wins Chancery Fight Over Equity

    The Delaware Chancery Court on Wednesday handed a win to former Fairstead partner William Blodgett in a fight over whether two affiliates of Fairstead, a real estate firm, could use their LLC agreements to punish him for conduct that an arbitrator found breached his employment agreement.

  • May 13, 2026

    Latham, Davis Polk Lead AI Chipmaker Cerebras' $5.6B IPO

    Artificial intelligence computing company Cerebras Systems Inc. raised roughly $5.6 billion in its blockbuster initial public offering that priced above range late on Wednesday, representing the largest IPO this year.

  • May 13, 2026

    Simpson Thacher-Led Blackstone REIT Prices $1.75B IPO

    A Blackstone real estate investment trust focused on data centers is set to begin trading Thursday after raising $1.75 billion in an initial public offering, advised by Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.

  • May 13, 2026

    Defense Tech Startup Anduril Raises $5B At $61B Valuation

    Military technology company Anduril, led by Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP, on Wednesday announced it reached a $61 billion valuation after raising $5 billion in its latest funding round.

  • May 13, 2026

    Latham Guides Geothermal Startup Fervo's Upsized $1.9B IPO

    Geothermal energy developer Fervo Energy hit the public markets on Wednesday after raising $1.9 billion in its upsized initial public offering.

  • May 13, 2026

    Akin Adds 4 PE Attys From Sidley, Gains New Practice Head

    Akin Gump Strauss Hauer & Feld LLP announced Wednesday that it has welcomed four private equity attorneys to its New York and London offices, with three returning to the firm, including one who will lead the private equity practice.

  • May 12, 2026

    'I Believe I'm Trustworthy,' OpenAI CEO Testifies In Musk Trial

    OpenAI Inc. CEO Sam Altman took the stand Tuesday in the California federal jury trial over Elon Musk's challenge to OpenAI's for-profit conversion, acknowledging that colleagues have accused him of being deceptive while testifying that "I believe I'm a trustworthy person."

  • May 12, 2026

    Citron Founder Didn't Believe His Own Position, Jury Told

    A cannabis company CEO testified Tuesday as the first witness in Citron Research founder Andrew Left's criminal securities fraud trial, telling a California federal jury that Left published an inaccurate short sale report on his company that quickly tanked its stock even though it appears he lacked the "conviction" of his attack.

  • May 12, 2026

    Authors Accuse OpenAI Of Arguing Differently On Each Coast

    An attorney representing authors accusing OpenAI of feeding their copyrighted works into training data for large language models told a New York federal magistrate judge Tuesday that the AI startup was asserting vastly different positions in New York and in an ongoing trial in California about whether it ever intended to become a for-profit enterprise.

  • May 12, 2026

    Quotient Investors Seek Approval Of $48M Merger Deal

    Investors in Coupons.com parent Quotient Technology Inc. have asked Delaware's Chancery Court to approve a $48 million settlement resolving claims that the company's former CEO, its financial adviser and the buyers steered Quotient's $430 million sale to Neptune Retail Solutions at too low a price.

  • May 12, 2026

    S2G Wraps $1B Inaugural Growth Fund

    Investment firm S2G Investments on Tuesday announced it had closed its inaugural growth-stage investment fund after securing $1 billion in commitments.

  • May 12, 2026

    Drone Co. Skirts Unfair Biz Practices Claim In Ex-VP's Pay Suit

    North Carolina's Business Court pared down a dispute between a company that makes emergency response drones and its former vice president of sales, finding his claim that the company misled him about its intent to pay him a bonus doesn't rise to the level of an unfair or deceptive business practice.

  • May 12, 2026

    Blockchain Analytics Biz Raises $120M Series D Funding

    Blockchain analytics firm Elliptic on Tuesday announced that it has hit a valuation of $670 million after closing its latest funding round with $120 million of investor commitments.

  • May 12, 2026

    Businessman Fights Subpoena In Trump Media Dispute

    A Russian businessman with alleged financial ties to Donald Trump's Truth Social platform has urged a Florida appeals court panel to quash an order requiring him to produce documents in a dispute over taking the company public, arguing the production could implicate his Fifth Amendment right against self-incrimination.

  • May 12, 2026

    Investor Says AI Startup Duped Him Out Of $10M

    A Pennsylvania investor has sued LifeBrand Inc.'s founder, executives, a financial adviser and two financial institutions in the Delaware Chancery Court, claiming they used inflated business claims, hidden commissions and insider payouts to induce him to put more than $10 million into the social media monitoring startup.

  • May 12, 2026

    Pillsbury Adds WilmerHale VC Pro In Silicon Valley

    Pillsbury Winthrop Shaw Pittman LLP has added a former WilmerHale attorney to expand its global emerging companies and venture capital practice group and capacity to handle venture capital financing matters.

  • May 12, 2026

    Antares Clinches $8.5B Senior Loan Fund III

    Alternative credit firm Antares Capital, led by Davis Polk & Wardwell LLP, on Tuesday revealed that it wrapped its third fund after securing $8.5 billion in total commitments.

  • May 12, 2026

    Employee Benefits Atty Joins Freshfields From Debevoise

    Freshfields LLP has hired a former Debevoise & Plimpton LLP attorney who focuses on the employment and executive compensation aspects of mergers and acquisitions and private equity transactions.

  • May 12, 2026

    EQT Ups Bid To £9.4B In 'Final Offer' For Intertek

    Private equity firm EQT AB said Tuesday that it has intensified its pursuit of Intertek Group PLC, unveiling what it called a "final proposal" valued at £9.4 billion ($12.7 billion) for the British laboratory testing company.

  • May 11, 2026

    Microsoft CEO Defends Role In OpenAI's Rehiring Of Altman

    Microsoft CEO Satya Nadella testified Monday in a California federal jury trial over Elon Musk's challenge to OpenAI's for-profit conversion, denying that he demanded OpenAI's board reinstate ousted CEO Sam Altman while acknowledging that he offered to pay up to $29 billion to bring Altman and others to Microsoft.

  • May 11, 2026

    AI Chipmaker Cerebras Upsizes IPO Target Range To $4.7B

    Artificial intelligence computing company Cerebras on Monday raised the proposed deal size for its upcoming initial public offering, jumping from a planned roughly $3.4 billion to an approximate $4.7 billion.

  • May 11, 2026

    Cowboy Space Hits $2B Valuation After $275M Funding Round

    Orbital infrastructure company Cowboy Space Corp., led by Fenwick & West LLP, on Monday announced that its valuation soared to $2 billion after it closed its most recent funding round with $275 million in tow.

Expert Analysis

  • Series

    Law School's Missed Lessons: How To Draft Pleadings

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    Most law school graduates step into their first jobs without ever having drafted a complaint, answer, motion or other type of pleading, but that gap can be closed by understanding the strategy embedded in every filing, writing with clarity and purpose, and seeking feedback at every step, says Eric Yakaitis at Haug Barron.

  • Mitigating Multistate Risks As California Expands Tax Reach

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    Though California's new sourcing rules and extension of the pass-through entity election have created uncertainty, practitioners should file protective returns to respect the law's ambiguity and take certain other steps to protect clients from the costs of losing a future audit, says attorney Delina Yasmeh.

  • Evaluating Congressional Investigation Risk In Deal Diligence

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    Given the increasing frequency and sophistication of congressional investigations into corporate business practices, companies conducting transactional due diligence should add procedures to assess and mitigate the unique challenges and wide-ranging risks that can arise from Capitol Hill’s scrutiny, say attorneys at Covington.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

  • Series

    Isshin-Ryu Karate Makes Me A Better Lawyer

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    My involvement in martial arts, specifically Isshin-ryu, which has principles rooted in the eight codes of karate, has been one of the most foundational in the development of my personality, and particularly my approach to challenges — including in my practice of law, says Kaitlyn Stone at Barnes & Thornburg.

  • Opinion

    State Bars Need To Get Specific About AI Confidentiality

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    Lawyers need to put actual client information into artificial intelligence tools to get their full value, but they cannot confidently do so until state bars offer clear, formal authority on which plan tiers of the three most popular generative AI tools are safe to use when sharing specific client details, says attorney Nick Berk.

  • Recent Bank Resolution Filings Stress Readiness Over Docs

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    Against the backdrop of banking regulators' recent emphasis on institutional readiness in the event of a bank failure, a review of more than a dozen public resolution plan submissions points to an immediate future in which regulators and banks alike prioritize operational preparedness over extensive documentation, say attorneys at Moore & Van Allen.

  • Series

    Alpine Skiing Makes Me A Better Lawyer

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    Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.

  • Senior Housing Demands A Distinct Dealmaking Playbook

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    An aging population and evolving state regulations underscore a critical reality that senior housing assets can undergo operational or compliance shifts during dealmaking, highlighting the need for unique contractual safeguards like expanded disclosures, anchored notice obligations, and targeted closing conditions and remedies, say attorneys at Goodwin.

  • Seeking A Policy Fix As Merger Reporting Fight Continues

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    A recently announced request by the Federal Trade Commission and U.S. Department of Justice for public comment on the Hart-Scott-Rodino premerger reporting requirements, as litigation challenging the commission's updated requirements continues, suggests the government's willingness to address how best to support modern merger enforcement without unduly burdening filing parties, say attorneys at Baker Botts.

  • What A Court Doc Audit Reveals About Erroneous Filings

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    My audit of 1,522 court documents from last month found that over 95% contained at least one verifiable error, with fewer than 1% showing clear indicators of artificial intelligence use — highlighting above all else that lawyers may want to focus most on strengthening their review processes, says Elliott Ash at ETH Zurich.

  • Series

    Ultramarathons Make Me A Better Lawyer

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    Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.

  • Madison Capital Action Displays SEC's Emphasis On Process

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    The U.S. Securities and Exchange Commission's recent enforcement action against Madison Capital reflects the SEC's view that when market conditions materially change, valuation methodologies must be reassessed in real time, highlighting the importance of internal processes, say attorneys at Lankler Siffert & Wohl.

  • In First For DOJ, Action Signals New CFIUS Enforcement Era

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    The U.S. Department of Justice is seeking judicial enforcement of a divestment order, an unprecedented action for the agency that ushers in a new phase for the Committee on Foreign Investment in the United States, one in which judicial proceedings complement administrative oversight and presidential divestment orders may be enforced through litigation, says attorney Sohan Dasgupta.

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