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Private Equity
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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.
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August 25, 2025
Trump Fires Fed's Lisa Cook Over Mortgage Fraud Allegation
President Donald Trump on Monday evening fired Federal Reserve Gov. Lisa Cook over his administration's allegation that she committed mortgage fraud, thrusting the White House into uncharted territory in its campaign to exert control over the central bank.
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August 25, 2025
Auto Parts Supplier Targets Tilton In $39M Clawback Case
An auto parts supplier asked a Michigan state court to hold collateralized debt promoter Lynn Tilton and several other defendants liable to the tune of nearly $40 million, alleging they had been involved in an asset transfer aimed at ducking a judgment in the plaintiff's favor.
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August 25, 2025
5th Circ. Nixes SEC's Biden-Era Short-Selling Rules
The Fifth Circuit on Monday remanded a pair of Biden-era regulations aimed at bolstering transparency in the short-selling market, ruling that the U.S. Securities and Exchange Commission had failed to consider the economic impact of adopting both rules at once.
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August 25, 2025
Cooley, Latham Lead $360M ScPharmaceuticals Acquisition
Cooley LLP-advised biopharmaceutical company MannKind on Monday unveiled plans to buy scPharmaceuticals, led by Latham & Watkins LLP, for up to $360 million.
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August 25, 2025
Marelli Wins Ch. 11 Ruling To Resume Arbitration In Italy
A Delaware bankruptcy judge said he would lift the automatic stay on an arbitration proceeding in Italy, finding that it wouldn't prejudice a company with counterclaims against automotive parts manufacturer Marelli Corp.
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August 25, 2025
Troutman Adds Ex-Medallion Midstream GC To Energy Team
Troutman Pepper Locke LLP has added the former general counsel of Medallion Midstream LLC — which was acquired for $2.6 billion last year — to its Dallas office, strengthening the firm's energy transactional practice with an energy attorney who has two decades of legal experience, the firm announced Monday.
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August 25, 2025
Davis Polk Picks Up White & Case Finance Atty In Calif.
Davis Polk & Wardwell LLP announced Monday that it has added a former White & Case LLP debt finance partner to its Northern California office.
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August 25, 2025
Jones Day, Kirkland Steer Thoma Bravo's $2B Verint Buy
Software investing giant Thoma Bravo, led by Kirkland & Ellis LLP, announced plans on Monday to acquire customer experience software company Verint Systems Inc., led by Jones Day, in an all-cash deal valued at $2 billion, and then merge Verint with its current portfolio company Calabrio.
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August 22, 2025
DLA Piper Boosts VC Practice With Goodwin Atty In NY
DLA Piper has added a longtime Goodwin Procter LLP partner to its emerging growth and venture capital practice in New York, the firm announced.
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August 22, 2025
General Atlantic Plugs $115M Into Brazilian Software Biz
Brazilian software provider Starian on Friday revealed that it has secured more than $115 million in strategic funding from investing giant General Atlantic.
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August 22, 2025
Taxation With Representation: Kirkland, Weil, Fried Frank
In this week's Taxation With Representation, private equity firm Thoma Bravo buys human resources software provider Dayforce Inc. in a take-private deal, Lowe's buys Foundation Building Materials, Nexstar Media Group Inc. acquires fellow media company Tegna Inc., and Soho House & Co. Inc. inks a take-private deal with hotel operator MCR.
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August 22, 2025
PE Industry Primed To Capitalize On Trump 401(k) Order
The Trump administration recently said it would reduce regulatory obstacles to retirement plans investing in alternative assets such as private equity, and while attorneys cautioned it could carry risks, they generally applauded the move towards "democratizing capital."
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August 22, 2025
Food And Beverage-Focused SPAC Eyes $100M IPO
AA Mission Acquisition Corp. II, a special purpose acquisition company targeting the food and beverage industry, filed plans with U.S. regulators to raise up to $100 million in its initial public offering.
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August 21, 2025
Nikola SPAC, Related Settlements Reach $33.75M In Del.
A multi-court string of settlements has produced a $33.75 million proposed payout for stockholders who alleged in direct and derivative state and federal actions that they were misled in deals that took electric vehicle maker Nikola Corp. public.
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August 21, 2025
GTCR Deal A 'Smokescreen' For Coatings Merger, FTC Says
GTCR BC Holdings LLC's $627 million bid to buy the nation's largest medical device coatings company is a blatant attempt to overwhelmingly dominate an already highly concentrated market, and the "smokescreen" of a partial divestiture shouldn't convince anyone otherwise, the Federal Trade Commission told an Illinois federal judge Thursday.
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August 21, 2025
5 Firms Advise On $1.5B International Paper Fiber Biz Sale
International Paper Co. has agreed to sell its global cellulose fiber business to private equity firm American Industrial Partners for $1.5 billion, part of a broader effort to focus on sustainable packaging solutions, in a deal steered by five law firms, the companies said on Thursday.
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August 21, 2025
V&E, Kirkland Steer Blackstone's $1.6B Shermco Buy
Private equity giant Blackstone, advised by Vinson & Elkins LLP, on Thursday unveiled plans to buy electrical equipment services company Shermco from middle-market private equity shop Gryphon Investors, both advised by Kirkland & Ellis LLP, in a $1.6 billion deal.
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August 21, 2025
Rising Star: Clifford Chance's Neil Barlow
Clifford Chance LLP partner Neil Barlow has helped lead the growth of the firm's U.S. private equity practice while advising on high-profile cross-border deals, including KKR and Carlyle's $10.1 billion acquisition of a student loan portfolio and the sale of global fund administrator Alter Domus, earning him a spot among the private equity law practitioners under age 40 honored by Law360 as Rising Stars.
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August 21, 2025
KKR Leads Bidding War For Nissan HQ, Plus More Rumors
Private equity firm KKR is said to be dominating in a bidding war for Nissan Motor's headquarters in Japan, Jared Kushner's private equity firm is rumored to have taken a minority stake in British bank OakNorth, and railroad giant CSX is reportedly facing pressure from activist investment firms to pursue a merger. Here, Law360 breaks down these and other deal rumors from the past week.
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August 21, 2025
SEC Taps Military Judge To Head Enforcement Efforts
The U.S. Securities and Exchange Commission on Thursday announced the appointment of a senior judge in the U.S. Court of Appeals for the Armed Forces to lead its enforcement division.
Expert Analysis
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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.
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Key Takeaways From The 2025 Spring Antitrust Meeting
Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.
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How Tariffs May Affect Proxy Contests This Season
While global tariffs imposed by the Trump administration will certainly chill at least some activity this proxy season, and make defending contests significantly easier, there will likely be many new activist investments once there is more economic certainty, meaning more proxy fights this fall, say attorneys at Sidley.
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Series
Law School's Missed Lessons: Be An Indispensable Associate
While law school teaches you to research, write and think critically, it often overlooks the professional skills you will need to make yourself an essential team player when transitioning from a summer to full-time associate, say attorneys at Stinson.
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SEC Confidential Review Process Provides Issuers Flexibility
The U.S. Securities and Exchange Commission's recently announced enhancements to the process for confidentially submitting draft registration statements will be immediately impactful for issuers seeking to access the public capital markets, and should provide more grounds to explore and plan public offerings, say attorneys at Lowenstein Sandler.
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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.