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Private Equity
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August 28, 2025
Commonwealth Fusion Systems Wraps $863M Funding Round
Private fusion company Commonwealth Fusion Systems on Thursday revealed that it clinched an $863 million Series B2 funding round, marking what the company says is the "largest amount raised" among deep tech and energy companies since its 2021 $1.8 billion Series B funding round.
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August 28, 2025
Federal Reserve Gov. Lisa Cook Sues Trump To Block Firing
Federal Reserve Gov. Lisa Cook filed suit in federal court in Washington, D.C., on Thursday challenging President Donald Trump's "unprecedented and illegal attempt" to remove her from her position.
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August 28, 2025
Chancery Says Docket For 'Routine' Matters Shows Success
As it continues to pursue ways to streamline its docket and ease burnout concerns for its judges, Delaware's Chancery Court announced this week that a new procedure for handling "routine matters" is already showing success.
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August 28, 2025
Arnold & Porter Adds Fund Formation Expert In New York
A Lowenstein Sandler LLP fund formation and structuring co-chair has moved to Arnold & Porter Kaye Scholer LLP to co-lead its investment management practice group in New York, the firm said Thursday.
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August 27, 2025
Alter Domus Says Mogul Blocked Bidders From Asset Sale
In a seemingly rare move, an administrative agent seeking fulfillment of an award worth hundreds of millions of dollars challenged an auto mogul's purchase of his own trust's assets through a judicial sale, with an attorney arguing Wednesday that the $19 million sale is significantly lower than the assets' value and was made without a fair bidding process.
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August 27, 2025
$75K In Atty Fees Awarded After $1M Ask In Trump Media Case
After much wrangling, a Delaware vice chancellor has granted a $75,000 attorney fee for ARC Global Investments II LLC, the investment sponsor behind the deal that took Trump Media & Technology Group public in 2024 — far from ARC's most recent ask of $1 million.
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August 27, 2025
Crypto Orgs. Won't Back Bill Without Developer Protections
A coalition of 112 crypto industry groups and firms came together in a Wednesday letter to tell federal lawmakers that they will not back a bill to regulate crypto markets without "explicit" protections for software developers and service providers of decentralized projects.
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August 27, 2025
Chancery Pressed For Faster Track In Skechers Doc Suit
Citing post-deal deadlines for share appraisal demands, attorneys for Skechers USA Inc. stockholders asked Delaware's chancellor on Wednesday for an emergency reargument on expediting a books and records demand suit, saying that the court's "more leisurely" timetable might have overlooked the urgency.
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August 27, 2025
Investors Accuse Suns Owner Of Undermining Minority Stakes
Two groups holding minority stakes in the NBA's Phoenix Suns and WNBA's Phoenix Mercury sued for company documents in Delaware's Court of Chancery Wednesday, alleging there is a lack of transparency and majority owner Mat Ishbia is attempting to dilute their investment.
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August 27, 2025
Crypto SPACs Raise $500M Amid Renewed Industry Optimism
Two SPACs targeting digital assets began trading Wednesday after raising a combined $500 million in initial public offerings, adding to a recent run of crypto-related blank check launches amid renewed investor interest in the sector.
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August 27, 2025
Jones Day Continues Real Estate Growth With McDermott Atty
Jones Day announced the latest addition to its real estate practice on Wednesday, welcoming a New York-based attorney from McDermott Will & Schulte LLP.
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August 27, 2025
Baker Botts Adds 2 More Lateral Partners In NY
As it touts the addition of 17 lateral partners this year so far, Baker Botts LLP announced Tuesday that it has gained a former Paul Weiss Rifkind Wharton & Garrison LLP attorney focused on executive compensation and transactional tax strategy and a former McDermott Will & Schulte LLP attorney focused on public company and private equity mergers and acquisitions.
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August 27, 2025
Property Biz To Buy Final Assura Shares After £1.8B Deal
Primary Health Properties said Wednesday that it has acquired a majority of Assura PLC's shares in a £1.8 billion ($2.4 billion) takeover and that it will now enforce the acquisition of the remaining shares.
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August 27, 2025
Skadden, Sidley Advise On Sompo's $3.5B Aspen Acquisition
Japanese insurer Sompo Holdings has agreed to acquire Aspen Insurance Holdings Ltd. for $3.5 billion in cash, with Skadden Arps Slate Meagher & Flom LLP representing Sompo and Sidley Austin LLP advising Aspen, the companies said Wednesday.
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August 27, 2025
Weil-Led Advent Tables $1.3B Bid For Chipmaker
U.S. private equity firm Advent International said Wednesday it has made a public tender offer to acquire chipmaker U-blox Holding AG for 1.03 billion Swiss francs ($1.27 billion) to capture a player in the growing technology sector.
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August 26, 2025
Vesttoo Venture Capital Feud Goes To Arbitration In Israel
A New York federal magistrate judge has ordered that fraud and negligence claims against a venture capital firm over $1 million of an investor's money that was placed into Israeli fintech firm Vesttoo Ltd., which was later ensnared in a scandal over $4 billion worth of forged letters of credit, go to arbitration in Israel.
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August 26, 2025
Fed Pushes To Dismiss Trump Ally's Suit Over Meeting Access
Federal Reserve officials and members of the Federal Open Market Committee have urged a D.C. federal judge to toss a suit brought by an investment firm led by a supporter of President Donald Trump that seeks public access to monetary policy meetings, arguing they are not covered by the federal Sunshine Act as the investment firm claims.
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August 26, 2025
PE Firm Escapes Patients' Anesthesia Antitrust Claims
A Texas federal court tossed claims against Welsh Carson Anderson & Stowe from a proposed class of patients accusing the private equity firm of monopolizing the anesthesiology market through a series of acquisitions, but let claims against a company it formed proceed.
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August 26, 2025
Joy Dish Soap Maker Scrubs $12M Suit Against Conn. PE Firm
The Michigan company that formerly manufactured Joy Dish Soap is scrubbing two of its lawsuits against a Connecticut private equity firm, Piney Lake Capital Management LP, that claimed the latter soiled a deal to produce the soap after purchasing the brand from Procter & Gamble.
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August 26, 2025
Skechers Investor Sues For Docs In $9.4B Take-Private Deal
Skechers faces a lawsuit in Delaware's Court of Chancery from a company stockholder seeking access to corporate records over concerns that 3G Capital's $9.4 billion deal to take the footwear giant private would unfairly give Skechers' founders a "substantial equity stake" and continued leadership roles in the surviving company.
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August 26, 2025
'Belief' Insufficient For Trade Secrets Claims, NC Biz Judge Says
A trio of healthcare and real estate companies couldn't secure a preliminary injunction meant to prevent their former CEOs from disclosing or using alleged trade secrets, as North Carolina's business court ruled the amended complaint relied too heavily "on information and belief."
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August 26, 2025
Legal Funding Firm Cartiga To Go Public Via $540M SPAC Deal
Blank check company Alchemy Investments Acquisition Corp. 1, led by Loeb & Loeb LLP, has announced plans to acquire and take public legal-focused asset management platform Cartiga LLC, advised by Nelson Mullins Riley & Scarborough LLP, in a $540 million deal.
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August 26, 2025
Fed's Lisa Cook Preps Lawsuit Over Trump Firing
Federal Reserve Gov. Lisa Cook is preparing to file a lawsuit over President Donald Trump's announcement that she has been terminated from her position, allegedly for committing mortgage fraud, her lawyer said Tuesday.
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August 26, 2025
Trump Media, SPAC And Crypto.com Create $6.42B Crypto Biz
Blank check company Yorkville Acquisition Corp., Truth Social operator Trump Media & Technology Group Corp. and Crypto.com unveiled a partnership Tuesday that would establish a $6.42 billion digital asset treasury company focused on the acquisition of the native cryptocurrency token of the cronos ecosystem.
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August 26, 2025
Buchalter Adds Ex-Carlton Fields Attys To LA Office
Buchalter has hired two former Carlton Fields attorneys as shareholders for its corporate team in Los Angeles, and one of the announced hires is returning to the firm after almost 30 years.
Expert Analysis
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Series
Birding Makes Me A Better Lawyer
Observing and documenting birds in their natural habitats fosters patience, sharpens observational skills and provides moments of pure wonder — qualities that foster personal growth and enrich my legal career, says Allison Raley at Arnall Golden.
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Series
Adapting To Private Practice: From DOJ Leadership To BigLaw
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires patience, effort and the realization that the rewards of practicing law don’t come from one particular position, says Richard Donoghue at Pillsbury.
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Issues To Watch At ABA's Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
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Law Firm Executive Orders Create A Legal Ethics Minefield
Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.
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Reviewing Calif. Push To Restrict Private Equity In Healthcare
A recent proposed bill in California aims to broaden the state's existing corporate practice of medicine restrictions, so investors must ensure that there is clear delineation between private equity investment in practice management and physicians' clinical decision-making, say attorneys at Debevoise.
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Firms Must Embrace Alternative Billing Models Or Fall Behind
As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.
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Opinion
7 Ways CFTC Should Nix Unnecessary Regulatory Burdens
Several U.S. Commodity Futures Trading Commission regulations do not work efficiently in practice, all of which can be abolished or improved in order to comply with a recent executive order requiring the elimination of 10 regulations for every new one implemented, say attorneys at K&L Gates.
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How Attorneys Can Master The Art Of On-Camera Presence
As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.
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Series
Baseball Fantasy Camp Makes Me A Better Lawyer
With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.
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Paul Atkins' Past Speeches Offer A Glimpse Into SEC's Future
Following Paul Atkins' Thursday Senate confirmation hearing, a look at his public remarks while serving as a commissioner at the U.S. Securities and Exchange Commission between 2002 and 2008 reveals eight possible structural and procedural changes the SEC may see once he likely takes over as chair, say attorneys at Covington.
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Series
Adapting To Private Practice: From Fed. Prosecutor To BigLaw
Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer, says Michael Beckwith at Dickinson Wright.
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The Fund Finance Market Is In Its Transformative Era
The fund finance market is experiencing explosive growth as it develops into a mature and sophisticated industry, with several recent developments – such as an increase in net asset value lending and a shift toward borrower-friendly terms – reshaping the landscape of this rapidly evolving sector, say attorneys at Fried Frank.
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Firms Still Have Lateral Market Advantage, But Risks Persist
Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.
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Making The Opportunity Zones Program Great At Last
As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.
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Opinion
We Must Allow Judges To Use Their Independent Judgment
As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.