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Private Equity
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October 23, 2025
One Nuclear Energy To Go Public Via $1B SPAC Merger
One Nuclear Energy LLC, led by Nelson Mullins Riley & Scarborough LLP, on Thursday unveiled plans to go public through a merger with Sidley Austin LLP-guided special purpose acquisition company Hennessy Capital Investment Corp. VII, in a deal that values the energy company at $1 billion in pre-money equity.
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October 23, 2025
Morgan Stanley, Envestnet Board Sued In Del. Over $4.5B Sale
Two stockholders of wealth and data management giant Envestnet Inc. sued the company's former CEO, board and financial adviser Morgan Stanley in Delaware Chancery Court on Thursday, alleging breaches or aiding breaches of fiduciary duty tied to the company's $4.5 billion take-private deal with affiliates of Bain Capital.
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October 23, 2025
Warner Bros. Rejects $60B Paramount Bid, And More Rumors
Warner Bros. Discovery's board reportedly rejected a nearly $60 billion offer from Paramount Skydance, but a deal could still materialize after Warner Bros.' board launched a formal review of strategic alternatives. Among other recent reports, Anthropic and Google are said to be in talks for a potential multibillion-dollar cloud deal, and the private equity owner of Octus is preparing for a sale that could value the financial news company at more than $4 billion.
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October 23, 2025
2 AI-Focused SPACs Plan To Raise Combined $575M In IPOs
Two artificial intelligence-focused special purpose acquisition companies have filed plans with the U.S. Securities and Exchange Commission to raise up to a combined $575 million in their initial public offerings.
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October 23, 2025
Clifford Chance-Led Swiss Biz To Sell Logistics Co. For $1.1B
Swiss investment firm Partners Group said Thursday that it has agreed to sell its minority stake in Apex Logistics to Kuehne+Nagel for 886 million Swiss francs ($1.1 billion).
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October 22, 2025
REIT Inks $7M Settlement Of Ex-CEO's Class Action Claims
A real estate investment trust has reached a $7.125 million deal to end a proposed investor class action brought by its former CEO alleging its insiders breached their fiduciary duties after the company's common stock was diluted by "disastrous" stock redemption decisions.
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October 22, 2025
AI Biz Uniphore Valued At $2.5B After $260M Funding Round
Artificial intelligence and data platform Uniphore on Wednesday revealed it had reached a $2.5 billion valuation after closing its Series F funding round with $260 million of committed capital.
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October 22, 2025
Crypto Exchange FalconX Snags ETP Provider 21shares
Digital asset brokerage FalconX on Wednesday unveiled plans to buy cryptocurrency exchange-traded funds and products provider 21shares, a move that comes just over a month after the U.S. Securities and Exchange Commission eased listing standards for crypto ETPs.
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October 22, 2025
NC Biz Court Bulletin: COVID Coverage, A Suspect Signature
The North Carolina Business Court has rounded the corner into fall with insurance disputes over COVID-19 coverage at a chain of outlet malls and the theft of over $900,000 in legal THC reportedly stolen from a warehouse in the Southwest.
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October 22, 2025
Uber, Nebius Plug $375M Into Self-Driving Car Biz Avride
Autonomous driving technology developer Avride, advised by Kirkland & Ellis LLP, on Wednesday revealed that it has secured $375 million of strategic investments and commercial commitments from Uber, advised by Cooley LLP, and Nebius.
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October 22, 2025
A&O-Led Ipsen To Buy Blood Cancer Research Biz For €1B
Global biopharmaceutical company Ipsen said Wednesday that it will acquire a biotechnology company, ImCheck Therapeutics, from a consortium of French, European and U.S. investors for up to €1 billion ($1.16 billion) to boost the portfolio of its cancer treatments.
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October 21, 2025
Anesthesia Giant Cuts Deals To End Hospital Antitrust Cases
North America's largest anesthesia provider has reached settlements ending antitrust claims from hospitals in New York and Florida as well as counterclaims accusing the hospitals of illegally recruiting away clinicians, according to court filings.
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October 21, 2025
Crypto Miner Bgin Blockchain Prices Downsized $30M IPO
Cryptocurrency mining company Bgin Blockchain Ltd. on Monday announced the pricing of its initial public offering, saying that it now expects to raise roughly $30 million, or $6 per share, about $20 million less than it initially projected.
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October 21, 2025
Chancery Mulls 'Sufficiency' Ruling In Squarespace Doc Suit
An attorney for a former stockholder of website hosting venture Squarespace Inc. told a Delaware vice chancellor Tuesday that the Chancery Court's senior magistrate erred in declining to order a release of emails for a books and records investigation focused on the company founder's role in a $7.2 billion take-private sale.
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October 21, 2025
Baker McKenzie Can't Get Illinois Malpractice Suit Tossed
An Illinois state judge has refused to dismiss a private equity firm's malpractice suit accusing Baker McKenzie of botching a client's bid to reacquire a Russian coal mine, saying the plaintiffs have sufficiently pled claims sustainable under both Illinois and Russian law at this stage of the case.
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October 21, 2025
Willkie-Led Cloud Data Biz Veeam Buys Securiti AI For $1.73B
Private equity-backed information technology company Veeam Software, advised by Willkie Farr & Gallagher LLP, on Tuesday unveiled plans to acquire data privacy management software company Securiti AI in a $1.73 billion deal.
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October 21, 2025
Coinbase Pays $375M For Echo Amid 'Full-Stack' Crypto Push
Coinbase said Tuesday it has acquired blockchain fundraising platform Echo for approximately $375 million, as the cryptocurrency giant makes its latest push to create a "full-stack" solution for crypto investors.
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October 21, 2025
Chamber Survey Says Overhaul Doubled Merger Filing Burden
The U.S. Chamber of Commerce on Monday released the results of a small survey indicating that an overhaul of U.S. merger notification requirements, which it's challenging in court, has created a dramatic increase in the time spent by outside counsel and the costs associated with preparing transaction paperwork.
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October 21, 2025
Debevoise Taps Goodwin Team For Private Funds Group
Debevoise & Plimpton LLP has hired a team of secondaries lawyers from Goodwin Procter LLP, including a partner who will co-chair the firm's private fund transactions group.
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October 21, 2025
PE Giants Ink $18.3B Deal For Hologic Amid Megadeal Blitz
Hologic Inc. said Tuesday it will be acquired by a private equity consortium in a deal valuing the Wachtell-advised medical technology company around $18.3 billion, marking one of the largest leveraged healthcare buyouts in recent years.
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October 21, 2025
Cleary Adds Proskauer Funds Atty Amid Changing Market
Cleary Gottlieb Steen & Hamilton LLP has hired a new global funds group attorney in Washington, D.C., who is joining the team from Proskauer Rose LLP as retail and private investment markets continue evolving, the firm announced Monday.
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October 21, 2025
Incline Closes $300M Continuation Fund For Accredited Labs
Middle market private equity shop Incline Equity Partners on Tuesday announced that it wrapped a single-asset continuation vehicle with roughly $300 million in committed capital, which will be used to continue the firm's investment in Accredited Labs.
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October 21, 2025
KKR, Quadrantis Buy Minority Stake In Peak Re
U.S. private equity business KKR and Portuguese venture capitalists Quadrantis said Tuesday that they will take a 15% stake in Hong Kong reinsurer Peak Re to help its global growth.
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October 20, 2025
Argent, North Highland Ink $2.4M Deal In ESOP Fight
North Highland Co. and its employee stock ownership plan trustee Argent Trust Co. will pay $2.4 million to end a suit from North Highland workers alleging the plan was mismanaged and devalued.
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October 20, 2025
OpenAI Says It Owes Musk Nothing In For-Profit Move
OpenAI and Microsoft have asked a California federal court to avoid trial on claims that OpenAI duped Elon Musk into donating $45 million with false promises of remaining a nonprofit, arguing no such promises were made and that the billionaire's money came without strings or control.
Expert Analysis
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10 Soft Skills Every GC Should Master
As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.
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Fed Circ.'s PTAB Ruling Highlights Obsolete Rationale
The Federal Circuit's recent decision in In re: Riggs shines a new light on its 2015 decision in Dynamic Drinkware v. National Graphics, and raises questions about why the claim support requirement established by Dynamic Drinkware exists at all, say attorneys at Patterson Belknap.
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An Unrestrained, Bright-Eyed View Of Legal AI's Future
Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.
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Tracking The Evolution In Litigation Finance
Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.
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Series
Volunteer Firefighting Makes Me A Better Lawyer
While practicing corporate law and firefighting may appear incongruous, the latter benefits my legal career by reminding me of the importance of humility, perspective and education, says Nicholas Passaro at Ford.
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Limit On SEC Enforcement Authority May Mean Fewer Actions
Following a recent U.S. Securities and Exchange Commission final rule revoking the Enforcement Division director's long-standing authority to issue formal investigation orders, it's clear the division is headed for a new era of limited autonomy, marked by a significantly slower pace of SEC investigations, say attorneys at Ballard Spahr.
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E-Discovery Quarterly: The Perils Of Digital Data Protocols
Though stipulated protocols governing the treatment of electronically stored information in litigation are meant to streamline discovery, recent disputes demonstrate that certain missteps in the process can lead to significant inefficiencies, say attorneys at Sidley.
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Series
Law School's Missed Lessons: Preparing For Corporate Work
Law school often doesn't cover the business strategy, financial fluency and negotiation skills needed for a successful corporate or transactional law practice, but there are practical ways to gain relevant experience and achieve the mindset shifts critical to a thriving career in this space, says Dakota Forsyth at Olshan Frome.
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A Cold War-Era History Lesson On Due Process
The landmark Harry Bridges case from the mid-20th century Red Scare offers important insights on why lawyers must be free of government reprisal, no matter who their client is, says Peter Afrasiabi at One LLP.
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How Latin American Finance Markets May Shift Under Trump
Changes in the federal government are bringing profound implications for Latin American financial institutions and cross-border financing, including increased competition from U.S. banks, volatility in equity markets and stable green investor demand despite deregulation in the U.S., says David Contreiras Tyler at Womble Bond.
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Series
Improv Makes Me A Better Lawyer
Improv keeps me grounded and connected to what matters most, including in my legal career where it has helped me to maintain a balance between being analytical, precise and professional, and creative, authentic and open-minded, says Justine Gottshall at InfoLawGroup.
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How BigLaw Executive Orders May Affect Smaller Firms
Because of the types of cases they take on, solo practitioners, small law firms and public interest attorneys may find themselves more dramatically affected by the collective impact of recent government action involving the legal industry than even the BigLaw firms named in the executive orders, says Reuben Guttman at Guttman Buschner.
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Opinion
Lawsuits Shouldn't Be Shadow Assets For Foreign Capital
Third-party litigation financing amplifies inefficiencies from litigation and facilitates national exposure to foreign influence in the U.S. justice system, so full disclosure of financing arrangements should be required as a matter of institutional integrity, says Roland Eisenhuth at the American Property Casualty Insurance Association.
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2 Del. Rulings Reinforce Proof Needed For Records Demands
Two recent Delaware Court of Chancery decisions involving Amazon and Paramount Global illustrate the significance of the credible basis standard on books and records requests, underscoring that stockholders seeking to investigate wrongdoing must come forward with actual evidence of misconduct — not mere allegations, say attorneys at Cleary.
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How To Accelerate Your Post-Attorney Career Transition
Professionals seeking to transition to nonattorney careers may encounter skepticism as nontraditional candidates, but there are opportunities for thought leadership and to leverage speaking and writing to accelerate a post-attorney career transition, say Janet Falk at Falk Communications and Evgeny Efremkin at Toronto Metropolitan University.